It’s never good for the Democrat Party when Kamala Harris is in the limelight.
Harris is one of the most inept and embarrassing politicians ever to grace the national stage.
And now Kamala Harris wanted to run and hide when Fox News forced her to confront this truth.
President Joe Biden sought to bribe Democrat-leaning voters to turnout this November by imposing a student loan bailout scheme – which is estimated to cost, at a minimum, half a trillion dollars – through executive fiat.
Biden wants to transfer as much as $40,000 from working class Americans to a married couple of Harvard-educated doctors and lawyers.
The idea of Americans who paid off their student loans, or who never went to college, footing the bill for a tax-free gift for Democrat’s core base is immoral and illegal.
To be clear, Joe Biden did not “eliminate” student loan debt.
President Biden just stole hundreds of billions of dollars from the 85% of Americans who do not have student loan debt in order to bailout some of the 15% who do.
Former Obama economic advisor Jason Furman admitted this reality recently, when he pointed out all Americans are going to pay for this bailout scheme.
“Most importantly, everyone else will pay for this either in the form of higher inflation or in higher taxes or lower benefits in the future,” Furman poster on Twitter. “I did a thread on this last night but given the new announcement you need to double everything in it.”
A Fox News producer recently confronted Vice President Kamala Harris, and asked who would be paying for President Biden’s student loan bailout scheme.
As expected, Vice President Harris dodged the question, and instead tried to create false equivalency between Biden’s bailout and the 2017 Trump tax cuts.
“Well, let’s start with this,” Harris began. “First of all, a lot of the same people who are criticizing what we rightly did in following through on a commitment that we made to forgive student loan debt, are the same people who voted for a tax cut for the richest Americans.”
“So when we look at who is benefiting from this, 90% of the people who are going to benefit from student loan forgiveness make under $75,000 a year,” she claimed. “And that debt has been the reason that they’re unable to start a family, buy a home, and pursue their piece of the American dream.”
Every taxpayer received a tax cut under former President Donald Trump.
Joe Biden’s student loan bailout will stick all Americans with higher inflation and taxes, according to Barack Obama’s former economic advisor.
Stay tuned to Conservative Underground News for any updates to this ongoing story.