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The John Fugelsang Podcast

Debt Jubilee In America?

The John Fugelsang Podcast

Crossover Media Group

Sexy Liberal Podcast Network, Sexy Liberal, Arts, News, Sanity, John Fugelsang, Religion & Spirituality

4.81.5K Ratings

🗓️ 29 April 2022

⏱️ 41 minutes

🧾️ Download transcript

Summary

John talks forgiving student loans chats with Bob Hennelly about labor unions, and chats with callers about student loan debt.

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Transcript

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0:00.0

This is the John Fugel-Sang podcast.

0:07.0

So much going on in the news today and there's a lot of stuff that you know it was catching my eye

0:15.4

Moderna seeking emergency use authorization for COVID-19 vaccines for children

0:21.8

aged six months through five years, which is great because every

0:26.9

parent with a small child just got terrified when a judge that should never become a judge said no more masks on airplanes.

0:36.0

Also, 10 House Republicans voted against a bill geared towards streamlining the transfer of weapons to Ukraine, amidst Russia's bloody barbaric

0:46.2

invasion of the country, 10 House Republicans.

0:49.4

I know you're wondering, yes, Marjorie Taylor Green, Matt Gates, and Paul Gossar are among them.

0:58.3

But I really wanted to talk about the fact that more than half of millennials now say they can't even think about buying a home

1:07.0

because of student loan debt.

1:09.0

Now, there have been calls to cancel student loan debt for a long time. Back in 2013 Elizabeth Warren was trying

1:16.0

to get a bill that said that students should be able to pay the same

1:21.9

percentage points of interest paid by the banks that ripped us off

1:26.0

but Mitch McConnell wouldn't allow a vote on that. Even before Joe Biden announced his presidency.

1:31.3

He was hearing a lot of pressure about this and he

1:34.3

finally backed the idea of canceling some student loan debt on the campaign

1:38.8

trail back in 2020. He said in Miami I'm going to make sure everybody in this generation gets $10,000 knocked off their student debt as we try to get out of this god-awful pandemic.

1:50.0

It's a really good idea. And since he first began the presidency, a lot of people with heavy

1:56.0

student loan debt have been really eager to see when and if he's going to follow through on that.

2:01.8

Student loan forgiveness would really ease the financial

2:04.7

burden that 42 million Americans have faced for a long time. We're very fond of this

2:11.4

issue on the show. I made a movie about it for PBS a couple years ago

...

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