Remember Biden's Failed $230M Humanitarian Pier in Gaza? Well...
One Blow Against Censorship - a University 'Misinformation’ Outfit Is Disbanded After Inve...
Actually, Senator
Former Obama Fundraiser Ditches Dems to Back Trump
GOP Has 'Evidence of Illegal Immigrants Voting' Amid Biden's Border Crisis
Democrats Are Working Hard to Try and Fool Voters Into Thinking Biden's Age...
Illegal Alien Crossings Increase Despite Biden's Executive Order
Kamala Harris Sure Looks to Be Obsessed With Pride Month
Lawmakers in This State Passed Legislation Defying on Parental Rights
Axios Headline Highlights Troubling News for Biden Campaign
A Semi Driver Accused of Causing Fatal Crash Is an Illegal Immigrant
Biden Lays Down Illegal Alien Relief Just After His Border Crackdown Order
Democrats and Their Allies Sure Are Increasing Their Attacks on SCOTUS
Surreal Gaslighting: Team Biden and 'News' Media Collude on Insulting 'Cheap Fakes' Lie
John McGuire Is Claiming Victory, but Bob Good Isn't Giving Up in Too...
Tipsheet

White House Makes Another Bizarre Claim About Inflation

(AP Photo/Patrick Semansky)

Speaking to reporters at the White House Wednesday afternoon, Press Secretary Jen Psaki was asked about what the Biden administration is doing to combat inflation as costs on everyday items like food and energy continue to skyrocket. 

Advertisement

In her answer, Psaki listed extending the moratorium on student loan repayments as a way the administration has eased the burden of inflation on American families. 

The statement comes as Biden reportedly considers redistributing student loan payments from those who took out the loans to hardworking American taxpayers. As Spencer reported yesterday

After taking heat from those on the left flank of his party for not embracing their calls for the federal government to "forgive" student debt — that is, reward mostly upper-class Americans who made poor financial decisions while saddling all Americans with more debt — President Biden is dropping hints that he may be looking to begin the process of wiping away at least some student debt.

In a meeting with members of the Congressional Hispanic Caucus this week, Biden suggested that he would again extend the pause on student loan repayment beyond it's current August end-date in addition to using executive powers to "cancel" the debt of some borrowers.

Advertisement

Meanwhile, Senate Majority Leader Chuck Schumer has also indicated the move is coming.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement