Published by admin on Thu, 09/15/2022 - 11:49am
On August 24, eight days after signing the so-called Inflation Reduction Act into law, President Biden announced that with a stroke of his pen, he would authorize a student loan giveaway of up to $10,000 in qualifying student loan debt for most borrowers and up to $20,000 for borrowers who received Pell Grants. Eight days. That’s how long it took President Biden to completely erase any of the supposed deficit reduction included in Democrats’ Inflation Reduction Act.