Ben Kerido / The Western Journal
As popular support for the Biden administration and the Democratic Party plummets further and further just before the 2022 midterm elections, President Joe Biden rapidly announced a new plan for “debt forgiveness” for student loans.
Presently, many of the details of this plan are hazy at best, including how exactly it will be paid for and the total cost of the program (with most estimates ranging between $300 billion and half a trillion dollars).
Many conservatives are deriding the plan. The former lieutenant governor of New York and economic adviser to Donald Trump’s 2016 presidential campaign, Betsy McCaughey, described Biden’s plan as a “Hail Mary pass” to buy votes.
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