Democrat President Joe Biden’s student debt cancellation plan will cost the average taxpayer more than $2,000, according to a new report from the nonpartisan National Taxpayers Union Foundation. The report cited an analysis from the University of Pennsylvania’s Wharton School which found that Biden’s plan will cost around $330 billion, and the vast majority of the
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As inflation remains near record high levels, President Biden unveiled a plan on Wednesday to cancel $10,000 in student loan debt for borrowers making less than $125,000 per year. According to a
Both top Democrat economist Larry Summers and top Republican economist Arthur Laffer agree that President Biden’s expected decision to forgive a massive portion of student loan debt will worsen inflation. “The White House
Over the weekend, President Biden touted the so-called “Inflation Reduction Act” by pointing out how it would advance climate legislation – which has nothing to do with inflation. “The Inflation Reduction Act
The Democrats’ “Inflation Reduction Act” would reduce after-tax incomes for Americans in every income bracket and will worsen inflation, according to a new report from the nonpartisan Tax Foundation. The Tax Foundation
