Baden’s student debt relief to reach One Trillion……..

[Bird Dog]

Biden’s Student-Debt-Forgiveness Plan May Cost Up to $1 Trillion, Challenging Deficit Goals

The White House hasn’t released a full accounting but some analysts see high cost in debt relief and modified repayment measures.

www.wsj.com

 

[BOP]

Of course they haven't released any full accounting - they never do. And it's always way more than what they predicted.

Here's a link that's not behind a pay wall: https://www.businessinsider.com/stu...expense-penn-wharton-budget-model-2022-9?op=1

 

[Clem72]

Of course they haven't released any full accounting - they never do. And it's always way more than what they predicted.

Here's a link that's not behind a pay wall: https://www.businessinsider.com/stu...expense-penn-wharton-budget-model-2022-9?op=1

Does that include future deficit reductions and tax savings for newly enacted policies? Aren't those usually way less than predicted? Or maybe the predictions always fall into whatever category is politically paletable.

 

[herb749]

Of course they haven't released any full accounting - they never do. And it's always way more than what they predicted.

Here's a link that's not behind a pay wall: https://www.businessinsider.com/stu...expense-penn-wharton-budget-model-2022-9?op=1

I did see govt workers can have all the debt forgiven.

 

[my-thyme]

I did see govt workers can have all the debt forgiven.

That would be AOC and friends......

 

[Hijinx]

A Trillion $ here---a Trillion $ there and pretty soon you are talking about printing money that isn't worth the cost of the paper it's printed on.