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Biden’s Debt “Relief” Scam: Taxpayers Foot the Bill Again!

President Joe Biden’s latest email stunt is causing quite the stir among taxpayers as he seeks to shift the burden of student loan debt onto hardworking Americans. In a move straight out of the Democrat playbook, Biden is touting the forgiveness of federal student loans to over 150,000 borrowers, totaling a whopping $1.2 billion. But don’t let the grandiose language fool you—this so-called “forgiveness” is nothing more than a sleight of hand, with the true cost falling on the shoulders of taxpayers.

The email sent out by the Biden administration shamelessly takes credit for the supposed loan forgiveness, patting itself on the back for relieving borrowers of their debt. Biden’s “SAVE Plan,” as it’s pompously named, promises to fix student loan programs and make higher education more accessible. But don’t be fooled by this political pandering—this plan only serves to saddle the American taxpayer with the financial burden, while scoring political points for Biden.

The fact that this move comes as Biden’s approval ratings hit rock bottom is no coincidence. With the shadow of former President Donald Trump looming large, and Biden’s mental acuity called into question, this desperate attempt to win over voters reeks of political maneuvering. It’s a classic play from the Democrat playbook: promise the world to struggling borrowers, while sticking the bill to hardworking Americans.

And let’s not forget the Supreme Court’s previous rejection of Biden’s $430 billion student debt transfer plan. The high court recognized the move for what it was: an attempt to bypass Congressional authority and burden ordinary Americans while prioritizing elite college graduates. The rejection of his grand plan didn’t seem to deter Biden, who’s now back at it with the so-called SAVE Plan.

But despite the administration’s bravado, there are already rumblings of legal challenges on the horizon. Education Secretary Miguel Cardona acknowledged that the move will likely face resistance and legal scrutiny. And it’s no wonder—shifting the weight of student loan debt onto taxpayers is a contentious move that is bound to face pushback.

In the end, Biden’s attempt to spin this as a benevolent act of relief is nothing more than political theater. The real winners here are the Democrats, who hope to score points with struggling borrowers, while the losers are hardworking taxpayers who will ultimately foot the bill for Biden’s grandstanding. This is classic Democrat politics—promising the world, while leaving the bill at the doorstep of the American taxpayer. Welcome to the Biden administration’s version of “relief.”

Written by Staff Reports

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