That Was An Option?
Armstrong & Getty On Demand
iHeartPodcasts
4.6 • 3.5K Ratings
🗓️ 29 September 2022
⏱️ 37 minutes
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Summary
Hour 4 of Thursday's A&G: Alison Somin from The Pacific Legal Foundation joins to talk about the lawsuit fighting the Biden Student Loan Forgiveness Plan. Why are we not working as a country? Is race to blame? More on Hurricane Ian, and more.
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Transcript
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| 0:00.0 | The |
| 0:21.8 | according to estimates from the |
| 0:23.3 | Congressional Budget Office, |
| 0:25.1 | President Biden's plan to forgive |
| 0:26.6 | $10,000 per borrower in federal |
| 0:29.1 | student loan debt will cost nearly |
| 0:30.8 | $400 billion or in student loan terms |
| 0:34.1 | $27 a month for 30 billion years. |
| 0:37.4 | Yeah, it's actually closer to |
| 0:40.9 | $500 billion, half a trillion dollars |
| 0:43.7 | with the stroke of a pen which |
| 0:45.0 | would obviously be the most |
| 0:46.4 | expensive executive order ever and |
| 0:48.8 | incredibly unfair and not progressive. |
| 0:51.8 | So I would like to live in a world |
| 0:54.6 | where you could just declare that |
| 0:55.9 | stupid and unfair and have it go away, |
| 0:57.9 | but you can't do that. |
| 0:58.9 | You have to go through all the legal |
| 1:00.3 | reasons for doing it. |
| 1:01.3 | And so a lot of legal experts were |
| 1:03.2 | saying, yeah, it sounds illegal, |
... |
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