Biden Boasts About Shifting $136 Billion of Student Loan Costs from Borrowers to Taxpayers

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Unleash Prosperity Hotline
Issue #956
02/14/2024
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1) Biden Boasts About Shifting $136 Billion of Student Loan Costs From Borrowers to Taxpayers
We’ve been trying to tally up the cost of the multiple times Biden has “forgiven” student loans. Then, lo and behold, CNBC has done it for us and the White House is gloating about how generous they are (with your and our money):

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Here's the Biden administration's latest brag sheet ([link removed]) :
* $46 billion for 930,500 borrowers through administrative adjustments to income-driven repayment counts.
* $57 billion for 793,400 borrowers through Public Service Loan Forgiveness.
* $12 billion for almost 513,000 borrowers with disabilities.
* $ 22 billion for more than 1.3 million borrowers under the Borrower Defense program.

These are nearly four million votes Biden thinks he has bought with your tax dollars - and we fear that he may be right.

We have one other thought: If Biden can spend $136 billion in open defiance of Congress, why can’t he stop his border patrol from releasing illegal immigrants into the United States by executive order? Oh yeah. He wants THOSE votes too.

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2) Speaking of Illegal Immigrants, This Just In:

Biden's Border Crisis Passes 9 Million Illegal Crossings
We knew it was bad, but not THIS bad. According to data from the Border Patrol, as reported by the Republican National Committee:
* This 9 million includes the more than 7.2 million illegal immigrants ([link removed]) that Customs and Border Protection (CBP) has encountered and the 1.8 million known gotaways ([link removed]) that have escaped past Border Patrol ([link removed]) into the U.S.
* Border officials say the official number ([link removed]) of gotaways vastly undercounts ([link removed]) the illegal immigrants who make it into the U.S. ([link removed])
* This January border crossings of illegal immigrants was the highest for this month ever.

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3) Where the Jobs Are
In government and in health care. That’s where. This chart based on the very latest January jobs data shows job growth by industry over the past 12 months. Half of all new hires have been by government or health care.

With the 600,000 added government workers, there are now 23.1 million government employees – a record high. And since the health care industry is half paid for with tax dollars, these are quasi-government jobs too.

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4) Actually, We’d Like to Think We SAVED America

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5) Why We So Desperately Need Term Limits NOW More than Ever
“I think that the fact that we have so many lifers and careerists in this institution is why it’s so dysfunctional, and the Framers, when they created the Constitution and this country, had in mind that you would embark on a season of service and then return to private life.”

— Rep. Mike Gallagher (R-WI), who chairs the House Select Committee on Competition with the Chinese Communist Party, explaining his decision to not seek re-election.

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6) In Biden’s Administration, Justice Really Is Blind

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