FACT CHECK: Republicans Are Mendacity About Scholar Mortgage Aid After Siding With The Rich Elite

Republicans are desperately mendacity about President Biden fulfilling his marketing campaign promise to supply focused pupil debt reduction to working- and middle-class households. Right here’s the reality, and then you definitely inform us who’s on the facet of working households and who’s on the facet of the rich elite:  

FACT: Almost 90 p.c of the advantages from President Biden’s actions will go to Individuals making lower than $75,000 a 12 months, and no one making over $125,000 will see their debt canceled. 

FACT: President Biden’s actions will assist debtors who want it most. Pell Grant recipients, who primarily come from households making lower than $60,000 a 12 months, will see as much as $20,000 in mortgage forgiveness. 

FACT: Each single Home and Senate Republican simply voted to facet with Huge Pharma and rich tax cheats as a result of they oppose reducing prescription drug prices for hundreds of thousands of Individuals. 

NPR: “No Republicans voted for the invoice… On well being care, the invoice allows the federal well being secretary to barter the costs of some medication for Medicare. It additionally caps out-of-pocket prescription drug prices for folks on Medicare at $2,000, efficient in 2025.”

FACT: Republicans gave away huge authorities handouts to companies and the ultra-wealthy elites in 2017.

New York Instances’s Paul Krugman: “The [Trump Tax Cut], which Home leaders unveiled on Thursday after weeks of back-room negotiations that solely Republicans had been aware about, contained multibillion-dollar items for firms, Wall Avenue titans and wealthy households.”

Repeatedly, the GOP has made clear that they’re extra desirous about siding with rich elites than with hardworking Individuals. The American folks know the reality and so they merely can’t afford their excessive agenda.