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That's quite a cackle.
Someone here on the farms the other day said: "Remember, your debt is someone else's savings". A simplification to be sure, but an effective turn of phrase that could do with being more widespread. When Democrats talk about student loan cancellation, that's money that other people via the intermediary of the bank have lent to the borrowers. If cancelled well that has to come from somewhere and that somewhere is the government borrowing in turn. It's just shifting the debt around but the difference is the government will pay off that debt by either inflation (which devalues people's savings) or higher taxes (which punishes the tax payers who saved). Either way, it's a lie to pretend this doesn't punish people who have worked and saved their money.Harris says Americans under the pressures of student loan debt 'are literally making decisions about whether they can have a family, whether they can buy a home'
Vice President Kamala Harris in an interview that aired Sunday said the Biden administration was working to find a way to "creatively" address student debt, citing the pressures it causes for Americans.
- Vice President Kamala Harris said the White House was seeking a way to "creatively" address student debt.
- The Biden administration in December announced student loan payments would be halted until May 1.
- Harris said "we have to continue to do what we're doing and figure out how we can creatively relieve the pressure that students are feeling."
"I think that we have to continue to do what we're doing and figure out how we can creatively relieve the pressure that students are feeling because of their student loan debt," Harris told CBS News' Margaret Brennan during an interview on "Face the Nation."
Harris said that Secretary of Education Miguel Cardona was "working on what we can do and must do frankly to relieve the pressures of student loan debt."
"Graduates and former students across our country are literally making decisions about whether they can have a family, whether they can buy a home," she said, adding that she previously had student loan debt.
"And it's no small matter, and we need to figure out a way to relieve debt. So it's a fair issue in terms of the seriousness of the issue,"she said.
The administration of President Joe Biden in December extended the federal pause on student loan payments, allowing borrowers to avoid paying until May 1 as the Omicron variant of the coronavirus causes COVID-19 cases in the US to rise.
"Voting we've discussed, it is a very big issue, and what I believe we must do is continue to be vigilant and fighting for folks who have a right to be seen and their circumstances to be heard and understood because we have the ability to actually alleviate the burdens that people are carrying that make it difficult for them to get through the day or in the month," Harris added.
"This additional extension of the repayment pause will provide critical relief to borrowers who continue to face financial hardships as a result of the pandemic, and will allow our Administration to assess the impacts of Omicron on student borrowers," Education Secretary Miguel Cardona said in a December 22 statement.
"As we prepare for the return to repayment in May, we will continue to provide tools and supports to borrowers so they can enter into the repayment plan that is responsive to their financial situation, such as an income-driven repayment plan," he added.
Some Democratic lawmakers, including Senate Majority Leader Chuck Schumer, have called on the Biden administration to go futher than delaying debt payments, asking the president to cancel $50,000 in student loan debt.
During his 2020 campaign for president, Biden pledged to forgive "a minimum" of $10,000 of student loan debt per person.
"Young people and other student debt holders bore the brunt of the last crisis. It shouldn't happen again," he said in a March 22, 2020 tweet.
So far, he hasn't followed through on that promise.
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Harris says Americans under the pressures of student-loan debt 'are literally making decisions about whether they can have a family, whether they can buy a home'
Harris said the administration had to "figure out how we can creatively relieve the pressure that students are feeling because of their" debt.www.businessinsider.com
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Harris: Biden Administration Looking to 'Creatively' Address Student …
archived 27 Dec 2021 08:40:18 UTCarchive.md
Full Interview - Vice President Kamala Harris On 'Face The Nation'-1.mp4
After this was mentioned in the Biden thread I knew a bunch of people were going to rush over to stake a hipster claim of being here before she was prez. (As I did precisely that.)Just watching this thread for if/when Biden kicks it and we get to upgrade the thread banner to "President Kamala Harris".
God, her voice STILL sounds like she just wants to burst into tears at any moment.
She is degrading worse as or more than hiliaryGod, her voice STILL sounds like she just wants to burst into tears at any moment.
>Kamala Harris has new team of aids to help with interviews
If/When Biden croaks, they better assign like 100 of them around this bitch, because she WILL slip up. There is no question about it.
At least with Hilary everyone shut the fuck up and payed attention to her.She is degrading worse as or more than hiliary
Yeah that creeped me out toAt least with Hilary everyone shut the fuck up and payed attention to her.
Harris had to wait fucking 10 minutes up on her podium until everyone decided to giver her attention. Harris.. the VICE President, and yet literally no one gives a shit about her.
I was expecting her to pull a Karen move and announce her presence but she didn't even do that, which was shocking.
Reagan taught the jounoslime to pay attention when he walked out.At least with Hilary everyone shut the fuck up and payed attention to her.
Harris had to wait fucking 10 minutes up on her podium until everyone decided to giver her attention. Harris.. the VICE President, and yet literally no one gives a shit about her.
I was expecting her to pull a Karen move and announce her presence but she didn't even do that, which was shocking.