Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked April 3, 2023

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Sat Aug 27 16:21:00 +0000 2022

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Pat Toomey (US Sen. ret.) @SenToomey

"Cancelling" these student loans is a massive transfer of wealth from taxpayers—many of whom didn't attend college, paid off their loans, or penny-pinched to leave school debt-free— to a small group of wealthier individuals who failed to make those same choices. It isn't fair. — PolitiTweet.org

Posted Aug. 27, 2022

Preceded By

Pat Toomey (US Sen. ret.) @SenToomey

According to the nonpartisan @BudgetModel, President Biden’s unfair, reckless plan to "cancel" student debt could cost taxpayers up to $1T. And this adds onto the $300 B taxpayers already paid for the repayment pause over the last 29 months! — PolitiTweet.org

#PWBM estimates that forgiving federal college student loan debt will cost between $300B and $980B over the 10-year… https://t.co/ASmw4qTYUj

Posted Aug. 27, 2022

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Pat Toomey (US Sen. ret.) @SenToomey

To make matters worse, President Biden doesn’t even have the authority to cancel student debt! The president seems to have forgotten which branch of government controls the purse strings. It’s time for Congress to remind him. — PolitiTweet.org

Posted Aug. 27, 2022