Forgiveness values range from ten to 20 thousand dollars, which immediately prompted a strong reaction from some Republican voices, who accused the president of blaming the debt of university students on the backs of American taxpayers and thus contributing to growth. inflation., relieving some families.
Republicans have also accused Joe Biden of legislating an unfair measure for those who have already fulfilled their obligations..
The wave of attacks was mixed with the usual ferocity of Republicans, and in an unusual reaction, the White House Twitter account addressed several GOP members by name, reporting hundreds of thousands of dollars in pardons that they each had in connection with loans.
Soaring student loan balances are making it harder for middle-class and working-class borrowers to buy homes or save for retirement.
The administration’s proposal would cover borrowers’ unpaid monthly interest so that their balance does not increase as long as they make their monthly payments. pic.twitter.com/pALtd7BWxJ
— The White House (@WhiteHouse) August 25, 2022
One of the White House targets was Marjorie Taylor Greene, who spoke of a “totally unfair pardon” given to students who have already paid off their loans in full or even workers who have never gone to college.
Yesterday, at nightfall, the White House account woke up to the fight and began, one by one, to report on the very pardons enjoyed by Republicans who came to criticize Joe Biden’s decision. Majorie Taylor Greene is on this list: Over $183,000 canceled in PPP loans — the $953 billion Business Loan Payroll Protection Program created by the federal government under the Trump administration in 2020 to help businesses, the self-employed, individual proprietors and non-profit organizations to overcome the difficulties created by the pandemic.
MP Marjorie Taylor Greene has had $183,504 in PPP loans forgiven.https://t.co/4FoCymt8TB
— The White House (@WhiteHouse) August 25, 2022
But the White House Twitter didn’t stop at MTG. Mike Kelly, member of the House of Representatives, will have been pardoned in 987 thousand dollars in PPP and his colleague Matt Gaetz, one of the Republicans who, after the attack on the Capitol, in 2021, came to defend the theory that the the invasion had been orchestrated by Antifa groups, received a discount of 482 thousand dollars also in PPP loans.
Congressman Mike Kelly got $987,237 in forgiven PPP loans.https://t.co/Syb5Oe8gDG
— The White House (@WhiteHouse) August 25, 2022
Congressman Mike Kelly got $987,237 in forgiven PPP loans.https://t.co/Syb5Oe8gDG
— The White House (@WhiteHouse) August 25, 2022
The White House has thus responded with fire from Republicans who have come to view loan forgiveness as an unfair and unwarranted practice.
Congressman Vern Buchanan has canceled more than $2.3 million in PPP loans.https://t.co/bXpwJlWRm4
— The White House (@WhiteHouse) August 25, 2022
The administration’s official account reaction came under attack tonight for allegedly getting into a dirty game when President Biden vowed that with him in Washington they would change administration practices in the face of the verbiage that had taken place. produced during Donald Trump’s tenure on this social network.
“Freelance communicator. Hardcore web practitioner. Entrepreneur. Total student. Beer ninja.”