The Committee for a Responsible Federal Budget has analyzed the cost of cancelling student loan debt after Joe Biden indicated he is open to the idea. It called the plan “inflationary” and bad policy.
“Either the President is serious about reducing deficits and getting inflation under control, or he is not,” MacGuineas said. “The White House can’t have it both ways. We need to be focusing on a serious and effective agenda that prioritizes sound policies, not poorly targeted political giveaways.”on Wednesday about student loan debt and speculation about what Biden will do:
The tens of millions of Americans saddled with student loans may finally hear soon what the Biden administration has decided to do, if anything, on debt forgiveness. “Not a single person in this country has paid a dime on federal student loans since the president took office,” White House press secretary Jen Psaki said at Monday’s press briefing, referring to the suspension of interest on the debt.
She went on to say that President Joe Biden “would make a decision about any cancellation of student debt before the conclusion of that pause on student loans.” All federal student loan debt payments have been on hold for more than two years because of the coronavirus pandemic but it the lull is set to expire on August 31.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
NJ: 1st Day of Recreational Marijuana Sales in State Brings in Nearly $1.9MNew Jersey kicked off the first day of recreational marijuana sales last Thursday — and according to the state, the 12 participating dispensaries sold cannabis products to thousands and raked in nearly $2 million in sales in just one day. The state reported Wednesday that 12,438 customers kicked off the first day of recreational marijuana sales on April 21, grossing…
Leer más »
Twitter revenue climbs to $1.2B, daily users at 229MTwitter is reporting earnings of $513 million for the first quarter days after it agreed to be sold to billionaire Elon Musk.
Leer más »
Musk’s Twitter Purchase Includes $1 Billion Fee If Deal Falls ThroughTesla CEO ElonMusk’s $44 billion deal to buy Twitter will include a fee of $1 billion if either party terminates the agreement.
Leer más »
Chippewa Falls girl homicide: $1 million cash bond for juvenile suspectA judge on Wednesday, April 27 ordered a $1 million cash bond for the 14-year-old boy accused in the death of 10-year-old Illiana 'Lily' Peters in Chippewa Falls.
Leer más »
Disney Says Florida Would Have To Pay Nearly $1 Billion To Dissolve Special DistrictFlorida faces a big obstacle as it moves to strip Walt Disney World of its semi-autonomous status in the state: what to do with the special district's nearly $1 billion in bond debt.
Leer más »
Cleveland State will pay outgoing President Harlan Sands nearly $1 million and offers him $348,000 teaching jobHarlan Sands will be paid $928,000 to not be Cleveland State University’s president anymore, according to his separation agreement with the university.
Leer más »