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President Biden is vowing to forge ahead with his plan to forgive billions of dollars in student loans, just months ahead of his expected 2024 presidential election rematch with Donald Trump.
Despite a national debt soaring past $34.5 trillion and the U.S. Supreme Court previously serving as a roadblock for such handouts to loan borrowers, the president is again vowing to forgive the borrowed sums.
“From day one, I promised to fix broken student loan programs and make sure higher education is a ticket to the middle class, not a barrier to opportunity,” Biden wrote on X.
He added: “I’m not backing down.”
While some college students have praised the free money, the move has drawn criticism from many conservatives.
Biden’s repeated attempts to give thousands of dollars to each borrower are akin to “buying votes,” according to South Dakota Gov. Kristi Noem.
“He’s buying votes,” Noem argued in Feb. on “FOX & Friends.” “That’s exactly what he’s doing. The timing of this, to follow through on what he has threatened to do for so long, is incredibly hypocritical of him to say that he cares about this country and continue to accumulate debt and hand out money to get himself re-elected.”
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BIDEN PLANS EVEN BIGGER STUDENT LOAN HANDOUT, DUMPING THE BILL ON YOU
She added: “I just hope everybody in America realizes that we’re still spending more money than what we bring in in this country. So when he does stuff like this, he’s literally borrowing this money from China and then giving it to people so that they will support him and put him back in the White House, so he can continue his reign of control.”
“So, it’s really the worst of the worst and Americans are waking up to it with all these crises we have going on at the border, our national security, people’s gas and groceries being unaffordable,” Noem continued.