Leora Levy Denounces Decision to Cancel Student Loan Debt   FOR IMMEDIATE RELEASE: August 24, 2022 CONTACT: [email protected] Leora Levy Denounces Decision to Cancel Student Loan Debt GREENWICH, CT - Earlier today the Biden Administration extended the student loan moratorium and canceled $10,000 in student debt for borrowers making less than $125,000. After a recent Penn Wharton Budget analysis showed a majority of the relief will go towards borrowers in the top 60% of earners, political outsider for U.S. Senate Leora Levy denounced this decision. "Once again, Democrats are replacing personal responsibility with another Government hand-out, spending taxpayers’ hard-earned money to pay for other peoples’ loans. Not only will this encourage others to take loans that they cannot afford to repay, it will also further drive skyrocketing inflation. Democrats are forcing a transfer of wealth from those who elected to pursue a trade, live frugally to pay off their own debt or took no debt, to adult Americans who knowingly chose to take on more debt than they could afford to repay. This is unfair, wrong and it is socialism: you might get bailed out today but you will be working to pay for everyone else’s bailouts for the rest of your “tax-paying life.” This will do nothing to address college affordability for CT families and will only encourage colleges and universities to raise their prices thinking that the Government will just bail the borrowers out again! “Hard-working taxpayers should not have to pay the loans of borrowers because Democrats want to seduce some voters with hand-outs just before the midterms. It is not the taxpayers’ job to repay personal debts. Instead of leading our nation out of a recession or doing what is right for the American People, Joe Biden is kowtowing to the Progressive Left.” ###   About Leora I am running to take on the far-left whose policies will make our country look more like the Communist Cuba my family and I escaped in 1960 than the United States we have all known and loved. I am running for Senate to lead the fight for freedom. Joe Biden isn't on the ballot in November, but his policies are. The way to beat back Biden is to beat Dick Blumenthal, and I am the political outsider who can get it done. DONATE NOW VOLUNTEER Contributions to Leora Levy for U.S. Senate, Inc. are not deductible as charitable donations for federal income tax purposes. Leora Levy for Senate | PO Box 447, Cheshire, CT 06410 Unsubscribe [email protected] Update Profile | Constant Contact Data Notice Sent by [email protected] powered by Try email marketing for free today!