Senator Thune says student debt cancellation erased deficit reduction, leaves tuition costs intact

South Dakota Senator John Thune tells reporters at a weekly press conference that it was just days and eight days to be exact after the Democrats had touted the deficit reduction in their reckless, reckless tax and spending spree that they did away with all the deficit reduction, the president with a stroke of the pen, with his student loan forgiveness program literally added, according to the Penn Wharton budget model 600 billion dollars to a trillion dollars to the debt in a slap in the face to people who have worked hard to pay their loans off people who didn't have the opportunity to go to college in the first place, parents who scrimped and saved to get their kids education paid for, or vets who can use the GI program to go to school, and would be inflationary on so many levels by doing nothing about college tuition.
South Dakota Senator John Thune tells reporters at a weekly press conference that it was just days and eight days to be exact after the Democrats had touted the deficit reduction in their reckless, reckless tax and spending spree that they did away with all the deficit reduction, the president with a stroke of the pen, with his student loan forgiveness program literally added, according to the Penn Wharton budget model 600 billion dollars to a trillion dollars to the debt in a slap in the face to people who have worked hard to pay their loans off people who didn't have the opportunity to go to college in the first place, parents who scrimped and saved to get their kids education paid for, or vets who can use the GI program to go to school, and would be inflationary on so many levels by doing nothing about college tuition.
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May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonor any member of the U.S. House of Representatives or U.S. Senate, or bring the House or Senate or any Member into disrepute.
Editorial #:
1421980434
Collection:
FedNet
Date created:
September 07, 2022
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License type:
Rights-ready
Release info:
Not released. More information
Clip length:
00:01:21:21
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1920x1080 29.97p
Source:
FedNet
Object name:
spr090722bb