Bernie Sanders says Republicans complaining about student debt forgiveness didn't complain when Donald Trump declared bankruptcy 6 times
It's the war of loan forgiveness, as Republicans and Democrats continue to go back and forth over President Joe Biden's decision to relieve student debt.
Vermont Sen. Bernie Sanders weighed in on Friday with a typically fiery response.
"I hear Republicans complaining about $20,000 in student debt forgiveness. Funny, I didn't hear those complaints when Trump declared bankruptcy 6 times & had $287 million in loans forgiven by big banks," Sanders tweeted. "The GOP l-o-v-e-s socialism for the rich, rugged individualism for the rest."
On Wednesday, Biden announced up to $20,000 in student-loan forgiveness for Pell Grant recipients making under $125,000 a year, along with up to $10,000 in relief for other federal borrowers under the same income cap. As expected, Republican lawmakers were quick to slam the announcement, with many arguing the broad forgiveness is costly and unfair to taxpayers.
It's a criticism that Biden himself was quick to rebuke, questioning the fairness of taxpayers subsidizing tax breaks for multi-billion dollar companies and pointing out the GOP lawmakers who received business loan forgiveness during the pandemic.
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