On Thursday the White House released a graphic on social media listing Republican Congressman who oppose student loan relief and how much they received in Paycheck Protection Plan Loans.
Georgia District 9 Representative Andrew Clyde, (R) tweeted his disapproval of the Biden-Harris Administration’s student debt relief, SDR, and SAVE plan.
Following President Biden’s announcement of his administration’s plan to cancel millions of dollars in student debt, Rep.
Clyde tweeted:
“Joe Biden once again announces that he will transfer millions more in student debt onto the backs of hardworking taxpayers. This scam is nothing more than a desperate attempt to buy votes with Americans’ hard-earned money.”
Three hours following that tweet, The White House swiftly responded claiming:
“Congressman Clyde had $156,697 of debt forgiven from a PPP loan.”
A PPP loan or a Paycheck Protection Program is a loan forgiveness program usually for small businesses to help them pay for rent, mortgage interest and utilities during the COVID-19 pandemic.
Financial and business experts dub PPP loans as one of the largest U.S. government business bailouts ever, noting their impact on local and national elections through funds to businesses and banks in certain locations.
As the feud continues, Rep.
Clyde Responded:
“Old Joe has confused non-taxable income with one of his “loans.” But I certainly hope the IRS received its “fair share” of 10% for the Big Guy!”
Amid the heated exchange, the debate over student debt relief and government assistance programs underscores the broader challenges and divisions facing American politics today.
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