After saying his scholar debt cancellation coverage that can forgive as much as $20,000 in scholar debt on Wednesday, President Joe Biden acquired some backlash from conservative critics. However the White Home responded with its personal warmth.
The White Home Twitter account reminded Rep. Marjorie Taylor Greene (R-GA), a frequent Biden critic, that she was as soon as a recipient of the Paycheck Safety Program, established by former President Donald Trump throughout the pandemic to assist small companies.
“Congresswoman Marjorie Taylor Greene had $183,504 in PPP loans forgiven,” it wrote above a clip of Greene in an interview with Newsmax.
Within the clip Greene says the brand new mortgage forgiveness coverage is unfair to taxpayers who must repay the debt—and that it’s part of the administration’s agenda to win votes in November, mockingly saying that the timing is only coincidental.
In additional posts on Twitter Thursday, the White Home known as out Rep. Vern Buchanan (R-FL), who it says, had over $2.3 million in PPP loans forgiven; Rep. Markwayne Mullin (R-OK), who it says, had over $1.4 million in PPP loans forgiven; Rep. Kevin Hern (R-OK), who it says, had over $1 million in PPP loans forgiven; and Rep. Matt Gaetz (R-FL), who it says, had $482,321 in PPP loans forgiven.
Every Republican the White Home placed on blast had criticized Biden’s scholar mortgage forgiveness.
President Joe Biden additionally had his personal response for congressional Republicans criticizing and mocking his scholar debt forgiveness plan.
“I’ll by no means apologize for serving to America’s center class – particularly to not the identical of us who voted for a $2 trillion tax minimize for the rich and big companies that racked up the deficit,” he wrote on Twitter Thursday.
Biden’s tweet echoed his speech from Wednesday after saying his scholar debt cancellation coverage.
He based mostly a few of his presidential marketing campaign on the potential of scholar mortgage forgiveness, and going by way of with the plan might be useful for Democrats forward of midterm elections in November. Mortgage forgiveness, just like the Inflation Discount Act earlier than it that addressed local weather change and well being care, is giving Biden some coverage wins to level to.
Senate Minority Chief Mitch McConnell on Twitter said Biden’s scholar debt cancellation is a “wildly unfair redistribution of wealth towards high-earning individuals,” with no touch upon the coverage’s income-based cap.
“Democrats’ scholar mortgage socialism is a slap within the face to working People who sacrificed to pay their debt or made completely different profession selections to keep away from debt,” he stated in a press release posted to his web site.
Sen. Ted Cruz known as the coverage insane and unlawful.
“We now have the best inflation in 40 years/highest fuel costs ever, however Biden desires to spend much more on the expense of hard-working People,” he wrote on Twitter. “The center class might be caught with the invoice – it’s debt switch. That is only a Hail Mary earlier than midterms.”
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