Pollo Elastico
BRONZE
This is not good news on a number of fronts.
- Without going through a vote one person is making a 300 billion dollar decision?
- Why should people who didn't go to college and/or people who did, had debt and paid it off, subsidize those who have not paid off their debt?
- The use of executive orders over that past couple of decades has grown too much.
Biden is expected to make the much-anticipated announcement today. The executive order by Biden will cost about $300 billion this year, and $330 billion over 10 years, according to the Penn Wharton Budget Model. The extension of the moratorium will add another $15-20 billion to the cost.