10-13-2022, 06:40 PM
(10-13-2022, 05:54 PM)KillerGoose Wrote: Student Debt Relief is probably the biggest. The student loan forgiveness plan was more than just forgiving debt, though that was a huge help to the average person. The plan also caps the amount borrowers need to pay at 5% of their discretionary monthly income, cutting it from the 10% that it was at. After 20 years, your loan would be forgiven but they have now dropped that to 10 years, as long as the balance is less than $12k. Monthly interest is covered, so if you are making your monthly payments, your balance will not grow.
The infrastructure bill fits the ticket, in my opinion, though others may disagree. There are a handful of projects in my city that are being kicked off that are funded by this bill. One is a major bridge repair that has been needed for quite some time. The bridge has been out of commission.
Some may argue the gun safety bill, but I am honestly not super educated on it so I will refrain. It was a bipartisan bill, though. In fact, several of these were, but they aren't targeted towards the average person. Stuff like the CHIPS Act, PACT Act, Inflation Reduction Act (has some stuff that affects the normal person, like establishing a $35 cap on insulin supply for the month).
Student debt relief is the biggest bunch of bullshit I have ever seen. Not to mention it is probably unconstitutional. Straight up, 100% vote buying. Anyone who took out a student loan did so voluntarily, no different than buying a car, house, personal loan, credit card debt, etc. You took the loan, you pay it of. It's not my fault someone cannot pay back their student loan anymore than someone buying too much house or car or credit card debt. I hope that crap is overturned. What a crock of crap. I didn't go to college, I went into the USAF..........no student debt. The guy I work with has his bachelors and paid off his debt. He thinks the same as I do on this subject.
I am 1000% behind actual infrastructure. We need that badly. I would have loved to see a stand alone bill on that.
Ya, I am not able to speak to much of that either. Although from everything I have read the inflation reduction act is anything but. I wish pols could at least be honest when they name their bills. Spending more money will not reduce inflation. lol.
