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re: VP Harris: "Your loans will be completely forgiven regardless of income"
Posted on 4/8/24 at 7:02 pm to billjamin
Posted on 4/8/24 at 7:02 pm to billjamin
quote:
There are a lot of different mechanics they could try to use so it’s hard to know much when there’s just a campaign video for details.
Honestly, if they went the route of long term tax rebates they would have a good chance of getting it to stick. There’s a pretty solid history of those standing. Especially if it’s capped at something reasonable so it doesn’t have huge budget impacts.
There are methods that they could use through the Dept of Education and they know fully well but will work and what won't. The executive order was just a political stunt since even hardcore dems knew that it wouldn't make it through the Supreme Court but it worked for them since they could blame the MAGA court for keeping them from forgiving the loans.
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