Democrat Rep. Chris Pappas of New Hampshire ripped into Joe Biden’s plan to “cancel” $10,000 in student loan debt per borrower, which he announced Wednesday.
The Daily Wire reports:
The policy applies to individuals earning less than $125,000 per year, while individuals who paid for college using Pell Grants are eligible for a $20,000 loan cancellation. Biden also decided to extend the pause on federal student loan repayment to January 2023 and will permit borrowers with undergraduate loans to cap payments at 5% of monthly income.
Pappas, who faces a competitive race to keep his seat in the House of Representatives, argued that Biden is out of line by ignoring Congress’ mandate to originate policy.
“We all know the cost of higher education is crushing families … but this announcement by [Joe] Biden is no way to make policy and sidesteps Congress and our oversight and fiscal responsibilities,” the lawmaker said in a statement. “Any plan to address student debt should go through the legislative process, and it should be more targeted and paid for so it doesn’t add to the deficit.”
Pappas clarified that he supports other plans to lower the price of education such as expanding Pell Grants, ensuring more affordable community college, and targeted debt cancellation for students entering “vital professions” like nursing, yet finds Biden’s one-time debt forgiveness lacking.
Pappas added, “[Biden’s] plan also doesn’t address the underlying issue of the affordability of higher education, and it is clear that the high cost continues to limit opportunities available to students.”
The demented president hasn’t got a clue about what he’s doing, why should his decision to place more burden on the taxpayers be any different than his current wacky character.