Jean-Pierre Dodges Question: Who Pays for Debt Cancellation?

Jean-Pierre Dodges Question: Who Pays for Debt Cancellation?

August 25, 2022

During a news briefing on Wednesday, White House Press Propagandist Karine Jean-Pierre outlined the benefits of Biden’s student debt “cancellation” plan but dodged questions about who will actually pay for it.

“When you forgive debt, you’re not just disappearing debt, so who is paying for this?” Fox News correspondent Peter Doocy asked.

Jean-Pierre replied that once the pause on student loan payments is lifted at the end of 2022, the funds will “offset a lot of what we’re doing as well,” whatever that means.

“When you think about the $4 billion that’s going to go back into, as revenue, back into this process as folks paying their college tuition, that matters as well,” she said. “We’re doing this in a smart way. We’re doing this in a way that’s going to be effective.”

No, they’re not. There’s nothing smart or effective about this catastrophic, deeply divisive idea.

Doocy pressed Jean-Pierre further: “But somebody’s paying for it. Who?”

Jean-Pierre, another Biden administration diversity hire hopelessly in over her head, gave no direct answer.

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