Biden administration forgives $4.8 bln in student debt
Biden administration forgives $4.8 bln in student debt
U.S. President Joe Biden said on Wednesday his administration had approved $4.8 billion in student debt cancellation for 80,300 people.
"This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions," Biden said in a statement.
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Unfortunately these were debts that already had the potential to be cancelled due to existing rules. Turns out, just nobody has been following the rules and actually cancelling those debts for all these decades.
"unfortunately"?
i.e. They can't really be contributed to Biden "cancelling debt". They should have been cancelled anyways. Read: Unfortunately for Biden
It kinda sounds like they wouldn't have been canceled if he hadn't made the effort. That's no difference from any other debt forgiveness that's within his power.
This is actually a remnant of his larger plan for cancelling student debt being blocked. So if it should have been done anyhow, we're now...celebrating presidents for... doing their jobs?
I didn't see any noisemakers or confetti, where are you seeing celebration? I see acknowledgement and respect, but that's a far cry from celebration.
Bro the mental gymnastics here are astounding.
Just take the W.
Stop passing out Ws for nothing.
When your job is to do a good thing.
And your predecessors either didn't know or didn't care to do it, thereby not not doing their jobs.
Then yes. I will celebrate the guy who actually did his job.
Stop taking Ls for nothing
You're saying you'd prefer the president didn't do his job?
No, I'd prefer if a president did his job to begin with and didn't try to take loud credit for a program that wasn't his when he finally gets around to doing his job.
So... you want the job to get done, but you don't want anyone to be happy that the job got done?
Yeah, doing the bare minimum shouldn't be newsworthy. "Hey boss, I showed up on time and got my day's work done"? He'd probably say "Okay good? You want a cookie or something?"
Is forgiving $132 billion in student debt the bare minimum of the job?
Because if that's your bar, then Biden is the only president in history who has done the bare minimum. If that's your standard, I'd think you'd be jumping for joy that a president has finally, in the entire history of the US, done the bare minimum.
That's how you end up with things like the rail unions where nobody knows that the administration worked behind the scenes after the legislation to get the workers what they wanted from the companies -- and they successfully did that.
I've already gone enough rounds with your brain damage.
You're the one who replied to me, you cabbage!
Interesting way to take an L
So you're pleased about him working behind the scenes to pressure rail companies into giving the workers what they wanted?
I think the idea here is this.
The Executive Branch has checks and balances over both of the other two branches of government. Part of that is discretion.
The Executive is not, at all times, bound to the direction provided by Congress (see: lack of enforcement of Marijuana laws). This frustrates many when the wrong decisions are being made. And we love it when the right ones are.
So someone had stopped performing debt relief as instructed by Congress. Discretion, good or bad. Then Biden directs that the instructions be followed.
He kind of didn't have to do that. I'm glad he did and I think it's the basics of doing his job... But he could have just not done it and reminded entities that running a campaign is expensive or that he'll be retiring at some point.
Attributed?