Rep. Barry Loudermilk (R-GA) issued the following statement after President Biden announced his student loan debt forgiveness plan on Twitter:
“President Biden’s student loan debt forgiveness scheme is an insult to the millions of hardworking Americans who have worked so hard to pay off their student loans and other debts. Not only does this decision raise legal concerns, it will also not help inflation and will cost American taxpayers an estimated $300 billion. This is yet another example of just how out of touch President Biden is with a majority of Americans who just want us to rein in out-of-control inflation, need affordable goods, gas, groceries, less crime, and secure borders.”