Bernie Sanders rebukes GOP for backing corporate tax breaks but not student debt relief

[Uncle Joe]

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“Look, I know it is shocking … to some Republicans, that the government actually, on occasion, does something to benefit low-income families and working people,” the progressive from Vermont said during an interview with George Stephanopoulos on ABC News’s This Week. “I don’t hear any of these Republicans squawking when we give massive tax breaks to billionaires.”

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Biden’s plan forgives $10,000 in debt for those who make under $125,000 per year. Those who receive Pell Grants are eligible for up to $20,000 in forgiveness. The White House estimates the plan will affect up to 43 million Americans. Republicans have criticized the measure as an unfair bailout for college-educated Americans at the expense of those who chose not to go to college or worked for years to pay off their loans. They have also said the measure will increase inflation, which some economists and Wall Street analysts dispute.

Link to tweet

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Using its official Twitter account, the White House highlighted six Republican members of Congress who had between hundreds of thousands and millions of dollars forgiven in loans from the paycheck protection program, a government relief program designed to stimulate the economy during the Covid-19 pandemic. Those loans were designed to qualify for forgiveness as long as they were used for permissible costs.

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https://www.theguardian.com/us-news/2022/aug/28/bernie-sanders-rebukes-republicans-corporate-tax-breaks-student-debt-relief