WOAH: Biden Brings Out Susan Rice To Defend Student Loan Debacle (VIDEO)

The Biden administration announced it was going to cancel student loan debt for some Americans.

Biden announced on Wednesday a plan to “forgive” $10,000 in federal student debt for some borrowers.

The Gateway Pundit reported:

Joe Biden will unilaterally announce a massive forgiveness of student loans Wednesday afternoon in a move Senate Majority Leader Chuck Schumer (D-NY) boasted as a “flick of the pen.” An estimated $300 billion of loans up to $10,000 per borrower making under $125,000 per year ($250,000 for couples) as well as up to $20,000 for Pell Grants will be forgiven by the Biden administration citing a new interpretation of the 2003 HEROES Act by Biden admin lawyers that says the secretary of Education has the authority to use national emergencies–specifically the COVID pandemic–to wipe out student debt en masse.

To defend the plan, the administration brought out top Biden advisor Susan Rice.

She tried to defend the plan as “not a giveaway to rich people.”

Susan Rice was previously put in charge of an effort to expand mail-in voting.

Biden Puts Susan Rice in Charge of Effort to Expand Mail-in Voting to Make it Easier For Democrats to Steal Elections

After the Benghazi terror attack, she went on multiple shows and falsely claimed the attack was because of a YouTube video.

The Gateway Pundit reported:

Susan Rice was national security adviser to Obama.

You may remember her as the person who went on multiple news shows after the Benghazi terror attack and claimed it happened because of a YouTube video. That was a lie and everyone knows it.

Now, Biden is having her defend the student loan debacle.

Many took to Twitter to express their discontent with the plan.

Even a former Obama Economist blasted the plan.

Jason Furman, the former chairman of Obama’s Council of Economic Advisors warned that this plan would make inflation even worse.

Newsweek reported:

Economists in the Obama administration have criticized the forgiveness over fears that it will only further record-high inflation—a point some Democrats made against Biden’s plans with just 11 weeks to go before Election Day.

“Pouring roughly half trillion dollars of gasoline on the inflationary fire that is already burning is reckless,” Jason Furman, the former chairman of Obama’s Council of Economic Advisors, tweeted on Wednesday. “Doing it while going well beyond one campaign promise ($10K of student loan relief) and breaking another (all proposals paid for) is even worse.”

Will this be the issue that causes union workers and blue collar workers to leave the Democrat Party?

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