23/06/2024

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Biden to Republicans on student loan plan: ‘Who the hell do they think they are?’

Biden to Republicans on student loan plan: ‘Who the hell do they think they are?’

President Biden on Friday bashed Republicans who have attacked his university student bank loan forgiveness program, calling out certain lawmakers like Sen. Ted Cruz (Texas) and Rep. Marjorie Taylor Environmentally friendly (Ga.).

“Ted Cruz, the good senator from Texas, he explained it’s for slackers — quote slackers — who really do not have earned relief. Who the hell do they feel they are?” Biden claimed in remarks at Delaware Point out College.

The president especially criticized lawmakers who have opposed his college student personal loan forgiveness program but who received compact business loans all through the COVID-19 pandemic.

“I don’t want to listen to it from MAGA Republican officials who experienced hundreds of hundreds of bucks of money owed, even hundreds of thousands of pounds, in pandemic aid loans forgiven, who now are attacking me for helping doing work- and center-course People,” he mentioned.

“Marjorie Taylor Environmentally friendly, she and her spouse received $180,000 in company financial loans forgiven from the [Paycheck Protect Program]. She said it’s wholly unfair to us to forgive financial loans for working- and center-course Us residents.”

He also mentioned Rep. Vern Buchanan (R-Ga.), who named the strategy reckless, but acquired $2.3 million in organization financial loans forgiven as a result of PPP.

“Their outrage is uncooked and it’s hypocritical. But you know, we’re not letting them get away with it,” Biden reported.

The approach has faced multiple lawsuits, but Biden took a victory lap Friday right after Supreme Court docket Justice Amy Coney Barrett on Thursday denied an emergency bid by a team of Wisconsin taxpayers inquiring the courtroom to block the method.

A federal choose independently dismissed a legal problem from 6 Republican-led states to the prepare, ruling that they do not have standing to sue.

The prepare is set to forgive up to $10,000 in federal college student loan financial debt for borrowers earning below $125,000 and as considerably as $20,000 for borrowers who acquired Pell Grants. Programs formally opened on Monday and, as of Friday, 22 million Americans had utilized for forgiveness. 

–Updated at 5:08 p.m.