Biden forgives millions of student loans; critics fear inflation - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

President Joe Biden said on Wednesday the US government will forgive $10 000 in student loans for millions of debt-saddled former college students, keeping a pledge he made in the 2020 campaign for the White House.

said on Wednesday the US government will forgive $10 000 in student loans for millions of debt-saddled former college students, keeping a pledge he made in the 2020 campaign for the White House.

Debt forgiveness will free up hundreds of billions of dollars for new consumer spending that could be aimed at homebuying and other big-ticket expenses, according to economists who said this would add a new wrinkle to the country’s inflation fight. “I will never apologize for helping working Americans and middle class, especially not to the same folks who voted for a $2 trillion tax cut that mainly benefitted the wealthiest Americans and the biggest corporations,” Biden said, referring to a Republican tax cut passed under former President Donald Trump.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

This is none of our business and shouldn't be reported to us✌🏽

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 37. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Maverick: Biden’s $2.98 Billion Ukraine Weapons Package Aimed at Long TermA $2.98 billion package of arms for Ukraine announced Wednesday by President Joe Biden sends a signal of future support for the nation, with some of the key weapons yet to be put under contract and produced. With so many military hardware to be shipped to Ukraine,US corporate military industry is sure smiling all the way to the bank. Had the money used for these arms to Ukraine been used for development,that country would be miles ahead of human development
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Business Maverick: US Gasoline Prices Have Fallen Every Day Since Mid-JuneGasoline prices are on the biggest streak of declines since 2015, a relief for both consumers and President Joe Biden who has made fighting inflation a central theme ahead of November midterm elections.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Biden approval rises to 41%, highest since early June, Reuters/Ipsos finds - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.US President Joe Biden’s public approval rating rose this week to its highest level since early June, following a series of legislative wins for his Democratic Party, according to a Reuters/Ipsos opinion poll completed on Tuesday. 🤣 How does this help the fuel price?
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »