Chairman Arrington Releases Statement on Biden’s Latest Student Loan Bailout Scheme
WASHINGTON, D.C. – Today, House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement in response to the Biden Administration’s Department of Education (ED) unveiling plans last week for its next widespread student loan bailout scheme:
“The Biden administration is at it again. Despite the decision by the Supreme Court declaring their previous $330 billion bailout plan unconstitutional in June 2023 and our nation’s record level of indebtedness exceeding $34 trillion, the White House announced a new scheme to cancel even more student loans last week.
President Biden’s socialist spending agenda continues to bankrupt the country through supercharging our entitlement culture and sentencing our children to a life of bills they’ll never be able to pay.”
