President Joe Biden made a declare Wednesday that even his personal individuals most likely aren’t in a position to translate.
“I went to the Supreme Courtroom to remove pupil debt that was on the market,” he mentioned, in video shared by RNC Analysis to X. “And guess what? Supreme Courtroom dominated in opposition to me, however I nonetheless 136 million individuals[‘s] debt relieved.”
There are such a lot of issues with that assertion, at the same time as quick as it’s.
Biden claims he received “136 million peoples’ [student] debt relieved.”
He’s mendacity — once more. pic.twitter.com/e2LLJTyqrg
— RNC Analysis (@RNCResearch) December 20, 2023
Let’s begin with the truth that Biden didn’t go “to the Supreme Courtroom” to do something in any respect. He tried an unconstitutional motion to shift the burden of about $400 billion in student debt away from the individuals who incurred it and onto the shoulders of the American taxpayer.
He wouldn’t describe it that means, after all — liberals prefer to fake that “debt aid” simply makes that debt disappear into the ether. It does no such factor, after all — debt should be repaid by somebody. If not by the individuals who truly owe it, that by individuals who you don’t.
What truly occurred was the Biden tried to tug an unconstitutional quick one, and didn’t go to the Supreme Court however was taken there in opposition to his will by a lawsuit that he ended up losing.
His subsequent assertion appeared to be slightly extra problematic, as he primarily dismissed the last word arbiter of United States legislation as a minor annoyance when it got here to getting his objectives completed.
However the actual subject with Biden’s feedback is what he claimed to have completed.
“I nonetheless 136 million individuals[‘s] debt relieved,” you’ll recall he mentioned.
Um, no. He didn’t. Not even shut.
On the one hand, there are solely about 40 million individuals within the nation who even have any pupil debt, in keeping with the Washington Examiner.
Alternatively, Biden’s personal White Home mentioned in a statement solely two weeks in the past that the administration had introduced “debt aid” to solely 3.6 million of these, or about 9 p.c of all pupil mortgage holders within the nation.
On the third hand — you’re going to should lend me considered one of yours, I suppose — the whole quantity of debt “relieved” has been $132 billion — which would seem, maybe, to be the supply of the “136” quantity Biden cited as quite a lot of individuals, not a greenback quantity, however … I don’t know.
I’m not sure he does, both.
For what it’s value, the White Home assertion from Dec. 6 seems in its entirety beneath. Possibly you can determine what the chief of the free world was speaking about.
Immediately my Administration is approving one other $4.8 billion in pupil debt cancellation for 80,300 individuals. This aid is because of my Administration’s efforts to repair Public Service Mortgage Forgiveness, so academics, members of the navy, nurses, and different public service staff get the aid they’ve earned. And it’s due to actions my Administration took to guarantee that debtors who’ve been in reimbursement for a minimum of 20 years – however didn’t precisely get credit score for pupil mortgage funds – get the aid they’re entitled to. This brings the whole debt cancellation my Administration has authorized to $132 billion for over 3.6 million Individuals by way of varied actions.
Immediately’s announcement comes on high of all we’ve been in a position to obtain for college students and pupil mortgage debtors prior to now few years. This consists of: attaining the most important will increase in Pell Grants in over a decade to assist households who earn lower than roughly $60,000 a 12 months; fixing the Public Service Mortgage Forgiveness program in order that debtors who go into public service get the debt aid they’re entitled to beneath the legislation; and creating probably the most beneficiant Revenue-Pushed Reimbursement plan in historical past – the SAVE plan. Debtors can go to studentaid.gov to use. And, within the wake of the Supreme Courtroom’s resolution on our pupil debt aid plan, we’re persevering with to pursue an alternate path to ship pupil debt aid to as many debtors as attainable as shortly as attainable.
From Day One in every of my Administration, I vowed to enhance the coed mortgage system so {that a} greater schooling gives Individuals with alternative and prosperity – not unmanageable burdens of pupil mortgage debt. I received’t again down from utilizing each device at our disposal to get pupil mortgage debtors the aid they should attain their desires.
This text appeared initially on The Western Journal.