Tell Biden to Stop Damaging the Economy and Adding to the National Debt.
President Biden just unveiled another plan to cancel student loan debt for millions of borrowers before he leaves office. His last-ditch effort is recklessly expensive, will balloon the national debt, and will damage the American economy.
Independent analysis of the president’s parting insult to America’s taxpayers finds that it will cost as much as $600 BILLION dollars, most likely the costliest debt cancellation plan in American history. If his scheme moves forward, it will increase the national debt, fuel inflation across the economy, and devastate hardworking Americans with higher prices.
Tell the Biden administration to stop canceling student loans and cease its ruinous spending spree.