Biden campaign co-chair Jim Clyburn on Biden’s taxpayer-funded unilateral student loan debt bailout: “This is not giving anybody’s money away!” pic.twitter.com/FFtCsZrYL5
— RNC Research (@RNCResearch) February 22, 2024
Clyburn is full of crap
All federal student aid programs – which include student loans, Pell Grants and work-study, for example – are funded by federal tax dollars paid by U.S. citizens.
Each year, Congress appropriates money to fund these programs as part of the annual budget process.
Biden has given away more than $130 billion of taxpayer money
This is simply how Democrats, unfamiliar with how money is earned and its actual value, believing that it is possible to just make debt go away. It vanishes, dissipates, evaporates. It is unbelievable ignorance of people who, one would think, should certainly know better. For instance, try to squeeze a personal nickel out of THEM.