Axios: Biden and team stunningly unprepared
for their trillion-dollar Academia bailout
Hot Air,
by
Ed Morrissey
Original Article
Posted By: Dreadnought,
8/27/2022 1:13:41 AM
After nearly two years of talking about it, Joe Biden finally rolled out his student-loan forgiveness plan … and apparently nothing else. According to Axios, the White House didn’t bother to gather the data on eligibility, didn’t create a system which would check it, and has no system yet in place to fully complete the process.
Did Biden drop the ball again — or did he never expect to be allowed to run with it in the first place?
The agency doesn’t have income data for most of the 43 million Americans eligible for forgiveness, meaning around 35 million people — including Pell Grant recipients — will have to attest
Reply 1 - Posted by:
Timber Queen 8/27/2022 1:41:41 AM (No. 1260527)
My mortgage attests that it is a student loan.
14 people like this.
Reply 2 - Posted by:
PChristopher 8/27/2022 1:59:22 AM (No. 1260531)
Rolling out his PLAN?! They have no PLAN for making this in the same way that they have no PLAN to protect our borders. This is all criminal and should be prosected!
30 people like this.
Reply 3 - Posted by:
mifla 8/27/2022 4:36:46 AM (No. 1260557)
Typical. Throw money at a problem with no checks and balances in the process to prevent fraud.
16 people like this.
Reply 4 - Posted by:
mifla 8/27/2022 4:39:06 AM (No. 1260558)
I identify as a person with multiple personalities. 34 to be precise. Each one of me took out a student loan and each one of me makes less than $125K per year. I promise. Trust me. Feel free to write one large check.
17 people like this.
Reply 5 - Posted by:
DW626 8/27/2022 5:51:22 AM (No. 1260582)
The IRS considers loan forgiven to be taxable income. At least it used to.
So maybe it would be better to pay off those debts than have the IRS after ya. After all, they’re in the process of hiring 87,000 armed agents.
10 people like this.
Reply 6 - Posted by:
ARKfamily 8/27/2022 6:12:17 AM (No. 1260590)
I don't view myself as a "sucker" for paying my child's college tuition - I was quite happy to pay for it.
8 people like this.
Reply 7 - Posted by:
Red Jeep 8/27/2022 7:03:43 AM (No. 1260596)
Aren't spending bills to originate in the House of Representatives?
16 people like this.
Reply 8 - Posted by:
franq 8/27/2022 7:09:09 AM (No. 1260600)
Not to worry, #5, they are already rewriting the tax rules. It still may be subject to state income taxes, though. Laws mean nothing to leftists.
9 people like this.
Reply 9 - Posted by:
Krause 8/27/2022 7:27:38 AM (No. 1260611)
‘Don’t underestimate Joe’s ability to eff things up.’ - Barack Obama
This also applies to the cabal that’s running Joe.
9 people like this.
Reply 10 - Posted by:
F15 Gork 8/27/2022 7:33:17 AM (No. 1260615)
When you are doing a “Smash & Grab”, you don’t need no stinkin’ planning.
9 people like this.
Reply 11 - Posted by:
Rinktum 8/27/2022 7:48:24 AM (No. 1260621)
Settle down, folks. Remember, the adults are in charge now. Wasn’t that their rallying cry directly after Biden’s inauguration? Are a bunch of unelected bureaucrats and a lawless democrat party going to take us down because our side was too weak to put up a fight? They are running this country into the ground with very little pushback. I cannot believe the unconcern that is exhibited by Republicans. This administration is completely lawless and totally irresponsible. This give away is not only illegal but immoral. Have Republicans surrendered? It certainly appears so,
12 people like this.
Reply 12 - Posted by:
udanja99 8/27/2022 8:12:47 AM (No. 1260641)
Sounds just like the roll out of 0bamascare. Which was unconstitutional as well until Traitor Roberts got his hands on it.
8 people like this.
Reply 13 - Posted by:
udanja99 8/27/2022 8:15:20 AM (No. 1260642)
BTW, I assume that these people making $125K a year pay taxes themselves. Have they realized yet that they will be paying for that $10K through TaliBiden’s plan to raise taxes?
4 people like this.
Reply 14 - Posted by:
Strike3 8/27/2022 8:26:04 AM (No. 1260655)
"Stunningly unprepared." That adequately defines the Vegetable's entire presidency. From the premature pullout from Afghanistan that resulted in hundreds of dead people, the reaction to COVID and the deadly clot shots, the closure of the energy industry with no Plan B, the embarrassing fiasco they call "foreign relations," the huge jump in inflation.This presidency is a sham, a mistake and a desperate treasonous theft to retain power for a bunch of low IQ, radical, incompetent baboons. FJB and the nag he rode in on.
11 people like this.
Reply 15 - Posted by:
bpl40 8/27/2022 8:41:05 AM (No. 1260669)
New incoming House after Nov 3 should simply stop paying.
6 people like this.
Reply 16 - Posted by:
JackBurton 8/27/2022 9:20:19 AM (No. 1260709)
Where is the rule of law in all of this? He's doling out bread and circusses like he's a Roman Emperor.
It ain't right.
9 people like this.
Reply 17 - Posted by:
ironchefw 8/27/2022 10:09:34 AM (No. 1260781)
They didn't even scold these top heavy universities offering worthless degrees while sitting on huge tax free endowments.
4 people like this.
Reply 18 - Posted by:
bighambone 8/27/2022 11:17:52 AM (No. 1260831)
We should not be surprised as was Biden prepared for what took place during the Biden ordered bug out from Afghanistan, was Biden prepared for or did he covertly countenance the massive inflation that is now taking place, concerning the out of control borderline, there is no doubt that Biden and the Democrats encouraged and invited the mass uncontrolled illegal immigration that is now taking place by making “open borders” and their refusal to enforce the immigration all in violation of the immigration laws parts of their political platforms, in order to greatly enhance the minority populations in the USA, that fit within the ethnic and racial categories of Democrat identity politics, with the intention of transforming todays illegal aliens through a Democrat designed series of “Path to Citizenship” amnesties to be sold to an unknowing public as being immigration reform, into what Biden and the Democrats believe will be a massive future socialist Democrat voter bloc consisting of a coalition of minority peoples of both domestic and foreign origin, to eventually overwhelm the wimpy Republicans and their “deplorable” voters.
Every time Biden opens his mouth he talks about spending billions more of taxpayers dollars while fraudulently claiming that about 700 billionaires residing across the USA are going to love paying much increased taxes to pay for all of Biden’s and the Democrats massive government spending. Remember in the past when the Democrats raised up taxes it was always the vast middle class who ended up paying those Democrat raised taxes. If you have been paying attention you should be able to see through Biden’s incoherent baloney and should not be surprised at Biden’s announced student loans forgiveness fiasco that really appears to be in actuality nothing more than a Biden and Democrat vote buying scheme in connection with the political “funny season” leading up to the upcoming November election.
4 people like this.
Reply 19 - Posted by:
Bill O Rights 8/27/2022 12:05:25 PM (No. 1260875)
Sort of reminds me of the excellent planning a year ago in the Biden Bug Out from Afghanistan. At least nobody died this time.
1 person likes this.
Reply 20 - Posted by:
cheeflo 8/27/2022 3:03:59 PM (No. 1260965)
Imagine that. They always so on top of things, too.
0 people like this.
Reply 21 - Posted by:
smokincol 8/27/2022 3:25:23 PM (No. 1260979)
these demcommies don't even prepare for the Sun to rise in the morning and to set in the afternoon and the glaring evidence of all these fools having no conception of how to administer a government was seen in the earliest days of their operations within the government, although some people can't be that stupid so, all they do must be intentional
2 people like this.
Reply 22 - Posted by:
JrSample 8/27/2022 10:11:34 PM (No. 1261195)
That is because Biden is an idiot.
0 people like this.
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