Uh, okay. Not like we have a federal budget deficit or anything. Just add that to the tab, waitress, thank you.
According to the Washington Examiner:
“President-elect Joe Biden vowed to erase billions of dollars in student loan debt while campaigning for the high office and is now under pressure from the political Left to make good on the promise.
“In the event that Republicans hold the Senate and block much of his progressive legislative agenda, lessening student debt is one of the largest goals Biden could pursue unilaterally.
“Democratic Sen. Elizabeth Warren from Massachusetts deemed it “the single most effective executive action available to provide massive consumer-driver stimulus” in a Washington Post opinion piece Wednesday.
“There are roughly 42 million people in the United States with over $1.5 trillion in college debt, according to the Brookings Institution. Biden has promised to erase $10,000 of that debt for each student.”