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Please Joe...
(lemmy.world)
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this post was submitted on 19 Jan 2024
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A Boring Dystopia
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Pretty sure anything that touches the budget in any way other than minor allocation changes is strictly congress' business.
For example, when he tried to forgive student loans several years ago he was empowered to do so by a law from 2003 which allowed the Secretary of Education to change rules and waive amounts during an emergency such as 9/11 or a Pandemic. And State AGs still sued him over it and won, despite that legislature.
I wonder if the
2008 legislation that he wrote eliminating student loan bankruptcy forgiveness in exchange for $250,000 from MBNA
got in his way too!
Vote blue no matter who $hitlibs are counting on people not being able to do basic research and just taking their corruption apologia at face value.
I am not sure that legislation has to do with spending though.
No shit!
What I intend to communicate is that Biden has never been, in any way, serious about any of the focus-grouped, means-tested student loan forgiveness programs that he has been pretending to work toward. He and his advisors clearly know full well that his buddies in Congress will NEVER, EVER pass it. It’s like the overdraft fee thing recently that doesn’t take effect until 2025 and will absolutely be eliminated by Congress before it even takes effect.
They think we’re stupid.
It's a good read...
House of Cards. How Joe Biden helped build a financial system that’s great for Delaware banks and terrible for the rest of us.
https://www.motherjones.com/politics/2019/11/biden-bankruptcy-president/