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Biden Admin Doesn’t Have Any Idea How Much Student Loan Giveaway Will Cost

August 26, 2022 By E.J. Smith

How can you tell the country that a big spending bonanza is paid for if you don’t even know how much it’s going to cost? That’s the question raised by a White House correspondent to Press Secretary Karine Jean-Pierre yesterday. Her answer was as confused, and confusing, as ever. Watch:

Reporter 1: “You could say ‘this is how much it’s going to cost if everyone who is eligible applies.'”

KJP: “We just don’t want to get ahead of ourselves.”

Reporter 2: “If you don’t know how much it’s going to cost, how can you guarantee that it’s going to be paid for?” pic.twitter.com/MFtIlFXvYl

— Townhall.com (@townhallcom) August 25, 2022

Life Comes at You Fast. Slow It Down with My Friday Email. It’s Free.

Action Line: Why can’t the Biden administration answer even basic questions about the student loan giveaway? The hard-working Americans who are being forced to pay for Biden’s giveaway deserve answers. You deserve to keep your money and save your money. If you need help, click here to get in touch. Until then, subscribe to my free monthly Survive & Thrive letter, and we’ll weather this storm together.

Originally posted on Your Survival Guy. 

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E.J. Smith
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@youngresearch.com

Click here to sign up for my free monthly Survive & Thrive letter.
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