Republicans have said they want to extend the Trump tax cuts, which mostly benefited billionaires and corporations; cut spending on Social Security and Medicare; and repeal the Inflation Reduction Act, which lowered the cost of prescription drugs and raised taxes on corporations.
Top Republicans have made clear they plan to hold the global economy hostage to make cuts to Social Security and Medicare. Don’t believe us? Here are six separate times they’ve suggested—or outright said—they want to make cuts to Social Security and Medicare.
Biden’s executive order will cancel $10,000 in debt for anyone who went to college and earns less than $125,000; $20,000 for borrowers who also received Pell Grants and meet the income threshold; and dramatically reduces monthly payments for low- and middle-income borrowers moving forward.
Voters under 45 support student debt cancellation in overwhelming numbers, and new polling from Courier Newsroom and Data for Progress shows canceling some amount of federal student loan debt could be a political winner for President Joe Biden. Tens of millions of Americans with federal student loans are holding their breath to see whether they’ll...