The White House dunked on Republicans who took PPP loans, comparing the COVID program to Biden's student loan handout, but the two actions are very different
Talking to MSNBC’s Morning Joe co-host Willie Geist, former Democratic Senator Claire McCaskill said she’s "not sure" President Biden’s plan to absolve $10,000 of federal student loan debt for each borrower making under $125,000 "works."The White House on Twitter this week attempted to call out hypocrisy by Republicans who do not support hundreds of billions of dollars of student loan handouts, but who had COVID loans forgiven for their associated businesses.
However, the two programs – PPP and student loan handout – could not be more different, according to Republicans. "Only someone like Joe Biden who has been living off taxpayer dollars for fifty years can confuse the difference between PPP loans and Student Loan handouts. In the height of an unprecedented pandemic where businesses across the country were forced to close, PPP loans were distributed to keep people employed since they had no choice but to shutter completely," said Rep. Greg Pence, R-Ind., in a statement to Fox News Digital.
"People think that the president of the United States has the power for debt forgiveness, he does not,"in July last year."He can postpone, he can delay, but he does not have that power. That has to be an act of Congress."
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