Vice President Kamala Harris refused to address a question about President Joe Biden’s student loan forgiveness plan on Monday.
Instead, she regurgitated the administration’s trite narrative.
While on the tarmac after she traveled to see the since-scrubbed launch of Artemis 1, a reporter asked Harris how the administration expects to pay for Biden’s plan.
“Who specifically is footing the bill for student loan forgiveness?” the Fox News journalist asked. “We haven’t gotten a concrete answer from the administration yet.”
Instead of offering any explanation of how the program will be financed, Harris simply began reciting administration talking points defending the program.
“Well, let’s start with this. First of all, a lot of the same people who are criticizing what we rightly did in following through on a commitment that we made to forgive student loan debt are the same people who voted for a tax cut for the richest Americans,” Harris began.
“So, when we look at who is benefiting from this, 90% of the people who are going to benefit from student loan forgiveness make under $75,000 a year,” she continued. “And that debt has been the reason that they’re unable to start a family, buy a home, and pursue their piece of the American dream.”
Harris claimed critics of the plan voted to give a “tax cut” to the “richest Americans.”
But as TheBlaze reported, numerous Democrats competing in tight elections ahead of the midterms openly criticized Biden’s plan last week, suggesting the issue is not one Democrats believe will curry favor with moderate voters.
Meanwhile, Harris’ claim about Americans who earn less than $75,000 is also overblown.
First, Penn Wharton found that “about 75% of the benefit [is] accruing to households making $88,000 or less.” Second, the median individual income in America is roughly $67,500. Thus it would make sense that the majority of debt forgiveness would benefit individuals who earn less than $75,000.
So who is paying?
That question remains unanswered.
Last Friday, a top White House official told reporters the administration views the plan as “fully paid for” by $1.7 trillion in deficit reduction that is attributed to pandemic-related spending that has since dissipated.
But that deficit reduction was always going to happen, with or without Biden. The administration, therefore, has not offered a serious answer to the question.