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Tipsheet

White House Can't Explain How Biden Will Pay For His Loan Handout

White House Can't Explain How Biden Will Pay For His Loan Handout
(AP Photo/Susan Walsh)

For a second day in a row, White House Press Secretary Karine Jean Pierre struggled to explain how President Joe Biden plans to pay for the reallocation of $300 billion in student debt from degree holders to the working class. 

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When asked about how the administration can argue the economy is strong and that the COVID-19 pandemic is subsiding while also claiming students can't pay for their loans, she failed to provide a coherent answer. 

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Related:

INFLATION

Meanwhile, Biden is getting blasted from all sides for reallocating debt payments to the working class. Democrats on the campaign trail are distancing themselves from his position. 

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