Not My Debt

Tell Biden to Stop Damaging the Economy and Adding to the National Debt.

President Biden’s new plan to cancel student loan debt for millions of borrowers is recklessly expensive, will balloon the national debt, and will damage the American economy.

Independent analysis of Biden’s latest debt cancellation scheme states that it will cost taxpayers as much as $147 BILLION dollars and benefit college graduates with annual household incomes of nearly $313,000. The proposed rule will increase the national debt, fuel inflation across the economy, and devastate hardworking Americans with higher prices.

Tell the Biden administration to stop cancelling student loans and cease its ruinous spending spree.