You really can’t make this stuff up.
White House Press Secretary Karine Jean-Pierre on Thursday said the student loan bailout will be fully paid for because of all the work Joe Biden has done with the economy.
Like driving the economy into the ground?
The US economy is officially in a recession after two back-to-back quarters of negative GDP growth.
Inflation rates are at 40-year highs and gas prices are soaring.
Biden threw gasoline on the fire by signing a new $740 billion green new deal bill dubbed the ‘Inflation Reduction Act.’
As if that wasn’t reckless enough, Biden on Wednesday announced he is ‘canceling’ student loan debt for certain borrowers.
Biden canceled up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants, according to multiple sources familiar with the matter.” NBC News reported.
Of course the debt isn’t going to magically disappear.
The middle class will be forced to pay other people’s student loan debt.
Karine Jean-Pierre absurdly claimed the debt cancelation will be fully paid for because of all the work Biden has done to boost the economy.
No serious person believes this.
Jean-Pierre says that student debt cancelation will be “full paid for because of the work [Biden] has done with the economy.” pic.twitter.com/cjFZ3Da2P2
— Washington Free Beacon (@FreeBeacon) August 25, 2022
Fox News reporter Peter Doocy on Thursday left Karine Jean-Pierre stuttering when he asked who is paying for the student loan bailout.
“When you forgive debt, you’re not just disappearing debt, who is paying for this?” Fox News reporter Peter Doocy asked KJP.
Karine Jean-Pierre refused to give a straight answer.