Quantcast

North Texas News

Friday, November 22, 2024

Burgess Votes to Overturn Biden's Costly Student Loan Bailout

14

Congressman Michael C. Burgess | Congressman Michael C. Burgess Official Website

Congressman Michael C. Burgess | Congressman Michael C. Burgess Official Website

Washington, D.C. – Congressman Michael C. Burgess, M.D. (R-TX), Vice Chairman of the House Rules Committee, stood up for the American taxpayer, voting in favor of H.J. Res. 45 – Congressional Review Act (CRA) Resolution to Overturn Biden's Student Loan Bailout, effectively opposing President Biden's plan to "cancel" debt for individuals earning under $125,000. 

“There is no such thing as canceling student debt,” said Burgess.“Today, House Republicans stood united in voicing deep concerns over the unilateral actions taken by President Biden in his pursuit to forgive student loans. Student loan ‘cancellation’ doesn't make the debt disappear; instead, it shifts the financial burden from borrowers onto the shoulders of hardworking U.S. taxpayers who did not take out a student loan. Ultimately, this will cost an estimated $315.6 billion. H.J. Res. 45 also addresses the constitutional concerns surrounding the Biden Administration's actions and safeguards the interests of American taxpayers.”

Original source can be found here.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS