Kendall & Casey Hour 1, 3-1
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 1 March 2023
⏱️ 36 minutes
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| 0:00.0 | Good morning. It is Wednesday, March 1st. It is six minutes after nine in your listening to Kendall and Casey on 93 |
| 0:06.1 | WIBC. Thank you so much for joining us this morning. Did you do this? Did I do what? This? The duck? Did you do this? I did. This was you wasn't it? It was me. It just |
| 0:16.0 | dawned on me that this was you that did this. Yeah. I got a box of ducks for my Jeep and you made fun of me. So I made sure to |
| 0:22.6 | give you one. Sure. Thank you so much. I have no duck here. Now you have a duck. There you go. But did you notice that |
| 0:29.5 | rubber duck has a scowl on his face? That is not a happy duck. So I thought that's the one that Rob Kendall made. Maybe he was an attorney for the Biden |
| 0:39.2 | administration yesterday in front of the Supreme Court. Maybe that's why he has a skill. That would work while the Supreme Court appeared to doubt the |
| 0:45.2 | legality of Biden's plan to cancel up to $20,000 in student loan debt for millions of Americans. They heard oral arguments that a pair of |
| 0:53.5 | disputes over the program yesterday. Some of the justices were standing on questions about whether a group of six states and two borrowers were |
| 1:01.8 | entitled to sue in the first place. And a decision in the case is expected sometime this summer. Okay. So this went about as expected. The |
| 1:11.6 | six Republican appointed justices basically and rightfully so said if you allow this to take place, which is by fiat |
| 1:22.7 | by executive order, whatever you want to call it, the president can just wipe out billions of dollars. It wasn't a grant. Right. It was alone. It's clear. Congress passed the ability to loan money to students at the college |
| 1:38.3 | level. And it was alone. Congress controls the money. And so the the justices were essentially asking the question to Biden, which of course they don't |
| 1:46.1 | really have any answer for, which is, okay, if the president can just arbitrarily with the stroke of the pin, wipe out billions of dollars in congressional appointed approved |
| 1:57.7 | revenue, dispersion of revenue with an agreement on how that revenue will be paid back. Then why don't we even have a Congress? The whole point of Congress, the House |
| 2:08.4 | representatives is the budget, the money emanates from the House of Representatives. And then I'm an answer for that. Yeah. Nope. This the case is going to affect roughly 40 million borrowers who are maybe eligible for the relief from Biden. Okay. 20 |
| 2:24.4 | million of them stand to have their loan balances eliminated all together. All together. Not me. I saved for my kids college. Well, that was gorsuch, specifically, I think kind of made |
| 2:36.0 | this argument in which you said, look, what about all these other people like us, you know, you saved for your kids college. I paid for mine in cash in full as we went. And on top of that, then you and I are also already |
| 2:51.5 | fronting what has now been an interest free loan for the past three years for a whole bunch of people who were in many cases using their college loan money for pizza and beer will screw them. That's that's what about us. Yeah. What about us. Well, and that's what they're trying to figure out. So under the plan, |
| 3:11.5 | eligible borrowers earning less than $125,000 can receive up to $10,000 in student debt relief and the qualifying Pell Grant recipients who are students with the biggest financial need, they get an additional $10,000. |
| 3:26.5 | We're just handing out money. Rob just handing it out. Okay. So there were some there were some funny things that happened out of this yesterday. So Randy Winegarten, she is the lunatic head of the lunatic national teachers union. |
| 3:40.5 | And she was and that's friends, but you'll buy. Oh, yeah, they hold hands across each other's air and you'll understand all that when you hear this. She was on the steps of the Supreme Court yesterday and just came unglued. Listen. |
| 3:55.5 | And frankly, and this is what really pisses me off. During the pandemic, we understood that small businesses were hurting and we helped them and it didn't go to the Supreme Court to challenge it. |
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