Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

packman

(16,296 posts)
Thu May 19, 2022, 02:06 PM May 2022

Mitt Romney and fellow Republicans introduce bill that would stop Biden from canceling student-loan

Source: BusinessInsider

Student-loan borrowers eager for broad debt forgiveness will be out of luck if Sen. Mitt Romney has anything to say about it.

On Wednesday, the lawmaker from Utah and several of his Republican colleagues introduced a bill that would bar the Biden administration from broadly canceling student-loan debt — a political move the president has been considering since he took office last year.

The Student Loan Accountability Act would prohibit Biden's Education, Justice, and Treasury Departments from taking any action that would cancel or forgive student-loan borrowers' outstanding balances or even portions of those balances, a Wednesday press release said.

Read more: https://www.businessinsider.com/republicans-introduce-bill-to-stop-biden-canceling-student-loan-debt-2022-5?utm_source=reddit.com

24 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Mitt Romney and fellow Republicans introduce bill that would stop Biden from canceling student-loan (Original Post) packman May 2022 OP
The True Heart of Mitt Romney. dchill May 2022 #1
Indeed, there are very wealthy people who will lose a couple dollars if this happens. Eliot Rosewater May 2022 #4
A lot of those Mormons in Utah have student loans kimbutgar May 2022 #6
F**k him..... turbinetree May 2022 #2
The campaign ads just Mr.Bill May 2022 #3
You'd be surprised how many people agree with him. BlueTsunami2018 May 2022 #9
It's all just showboating. Mr.Bill May 2022 #11
Of course not. BlueTsunami2018 May 2022 #12
If only republican voters paid attention... Escurumbele May 2022 #10
Are those who call Rmoney a "decent" republicon seeing this? FoxNewsSucks May 2022 #5
I hate republicans. I really do. Oddly, there are many democrats that think AllyCat May 2022 #7
This message was self-deleted by its author COL Mustard May 2022 #23
What's the problem? Diamond_Dog May 2022 #8
or sell some stock ............... rurallib May 2022 #13
The way to combat student loans is to get your kids very early into sports, but pick sports where Escurumbele May 2022 #14
Does he have the votes? JohnSJ May 2022 #15
He can die any time now. aocommunalpunch May 2022 #16
and did mittens say that those loan holders could just sell some of their stocks and bonds? Javaman May 2022 #17
The beatings will continue BlueIdaho May 2022 #18
So they're OK with us being broke and miserable? Initech May 2022 #19
There ought to be a law against fat cats in Congress. They have no idea how life is in the Vinca May 2022 #20
Don't be fooled. The GOP will forgive all student loans and interest when they need to. Farmer-Rick May 2022 #21
Can all the "Mitt is a different type of Republican" nonsense finally stop? AZLD4Candidate May 2022 #22
We can't afford to do this. We have massive amounts of socialist corporate welfare to pay for The Jungle 1 May 2022 #24

Eliot Rosewater

(31,106 posts)
4. Indeed, there are very wealthy people who will lose a couple dollars if this happens.
Thu May 19, 2022, 02:11 PM
May 2022

A person with 100 million dollars who will only have 99 million after, is FAR more important to any con including this one than ALL other Americans.

kimbutgar

(21,055 posts)
6. A lot of those Mormons in Utah have student loans
Thu May 19, 2022, 02:12 PM
May 2022

BYU isn’t cheap.

This would be a great issue to use against him and Mike Lee up for re election this cycle. Get those kids also riled up to vote for Mullins instead of Lee.

turbinetree

(24,683 posts)
2. F**k him.....
Thu May 19, 2022, 02:10 PM
May 2022

then I want him to pay his fucking taxes on all of the money he has at 90%.....pre 1960 levels....

BlueTsunami2018

(3,484 posts)
9. You'd be surprised how many people agree with him.
Thu May 19, 2022, 02:38 PM
May 2022

Plenty of left leaning people are against cancelling student debt completely. Particularly those who didn’t go to college or paid their kids’ way through.

This isn’t the winning issue some may think.

BlueTsunami2018

(3,484 posts)
12. Of course not.
Thu May 19, 2022, 02:43 PM
May 2022

It doesn’t have to be. It’s the show that matters. Most people vote on emotion, they don’t vote rationally.

Escurumbele

(3,378 posts)
10. If only republican voters paid attention...
Thu May 19, 2022, 02:39 PM
May 2022

I have friends who vote republican for just one issue, abortion, they don't care or know about anything else.

Democrats must do more to inform the public of the consequences of republican's actions they need to be awaken from the fantasy world republicans paint for them.

FoxNewsSucks

(10,419 posts)
5. Are those who call Rmoney a "decent" republicon seeing this?
Thu May 19, 2022, 02:11 PM
May 2022

He's still a cold, heartless, greedy, backstabbing MFer.

AllyCat

(16,145 posts)
7. I hate republicans. I really do. Oddly, there are many democrats that think
Thu May 19, 2022, 02:16 PM
May 2022

we shouldn't cancel student loan debt because it doesn't directly help them. Fine. I'll just keep paying the stupid bill. When it is paid off, I will be getting the bills for my first to head off to college. Can't wait!

Response to AllyCat (Reply #7)

Escurumbele

(3,378 posts)
14. The way to combat student loans is to get your kids very early into sports, but pick sports where
Thu May 19, 2022, 02:55 PM
May 2022

participation is smaller.

For example, Golf is a good sport to get your kids into, the participation numbers are smaller which increases the chances for scholarships. If you have daughters, then even better, because not many girls play golf. Nowadays there are plenty of minority and diverse groups that provide golf and life lessons instructions for free, or for a very low membership payment. They even provide the golf clubs for the kids. The First Tee is one of those, although their golf instruction is not the best but, it is up to the parents to commit to taking them to driving/putting ranges, reading and learning about golf to help their kids become better players. All parents have to remember on any sport is to not push their kids too hard, it must be fun for the kids.

Tennis is another sport that, although there is higher participation than in golf but still not as high as team sports, it is also a wonderful sport, and not very expensive because there are a lot of public courts everywhere. Here is what you do: buy a lot of tennis balls, a "Tennis Balls Hopper", learn to feed balls to your kids, and bingo, just make it fun. Do not try to instruct to much if you are not a good player. Like in golf, there are plenty of tournaments for your kids to play once in a while which are not very expensive.

Helping them prepare for athletic scholarship is a fun process for everyone, and it will save you and your kids a lot of money in the future.

Anyway, I am writing this from experience, I put four kids through college with sports/Academic scholarships, Soccer, Tennis and Golf...IT CAN BE DONE.

NOTE: In today's environment, unless your kid is a superb American Football player, universities will not only demand that your kid is good at the sport, but your chances are greater when their academics are very good as well. Colleges will always choose the kid who is good in academics as well as the sport because there are a lot to choose from.


Javaman

(62,503 posts)
17. and did mittens say that those loan holders could just sell some of their stocks and bonds?
Thu May 19, 2022, 04:44 PM
May 2022

"Ann Romney in 1994: When Mitt Romney was running for Senate in 1994, his wife gave a candid interview with Jack Thomas of The Boston Globe, published October 20, 1994. She told Thomas that after their Hawaii honeymoon, Mitt transferred to Brigham Young University. Back then, she still thought of that time as tough. But she wasn't as good at describing it, suggesting that it was rough living off stock options:

"They were not easy years. You have to understand, I was raised in a lovely neighborhood, as was Mitt, and at BYU, we moved into a $62-a-month basement apartment with a cement floor and lived there two years as students with no income... Neither one of us had a job, because Mitt had enough of an investment from stock that we could sell off a little at a time."

https://www.theatlantic.com/politics/archive/2012/08/fact-checking-ann-and-mitt-romneys-hardknock-early-years/324170/

BlueIdaho

(13,582 posts)
18. The beatings will continue
Thu May 19, 2022, 04:50 PM
May 2022

Until morale improves… how is this platform of misery supposed to help elect Republicans?

This Old Testament ChristoFacism is may sound good in the back rooms at the NRC but it’s pure poison for America.

Vinca

(50,237 posts)
20. There ought to be a law against fat cats in Congress. They have no idea how life is in the
Thu May 19, 2022, 05:01 PM
May 2022

real world. I only hope Democrats running for office in November don't keep this a secret.

Farmer-Rick

(10,139 posts)
21. Don't be fooled. The GOP will forgive all student loans and interest when they need to.
Thu May 19, 2022, 05:04 PM
May 2022

Like right before an election to get those student's and their parent's votes. You are conning yourself if you think they wouldn't do it in a heart beat.

Trump was too tied up in getting his scam college tuitions. He was too involved in getting himself a tax cut (and the other filthy rich) to consider forgiving student loans or interest. Otherwise, he would have done it for the votes. The GOPers did it with tax cuts for the rich and Roe v Wade. Little by little they give out more and more tax give away and restrictions on abortions. And it worked as the religiously insane voted for them and they got those donations from the filthy rich.

If you think the GOP wont forgive debts and stop interest to get all those votes then you are very easily fooled. They think it is a great way to get votes. They know it is a huge winning issue (and they try real hard to make it look like a losing issue). And their next puppet president/dictator will be doing it if they get a chance and need those votes.

They just Don't Want Biden and the Democrats to do it.

How silly can you be not to see right through what they are doing to Biden and the Democrats? Do you really think they think they have the votes to pass this Act? even in the House? Canceling student loans and/or interests on loans is a hugely winning issue and will guarantee votes for the party that looks like they are going to do it.

This bill is design to make it look like it's too much of a liberal position to be even considered by GOPers. And many people here and Dems in office are buying it. But the GOP would do it if they thought they could get votes from it. They will use it if they need to get the votes and they don't want Biden or the Dems using it.

Don't buy into the con.

AZLD4Candidate

(5,639 posts)
22. Can all the "Mitt is a different type of Republican" nonsense finally stop?
Thu May 19, 2022, 05:18 PM
May 2022

There is no "different type of Republican. They all have an agenda, either greed, narcissism, and/or authoritarianism, they want to force down everyone's throats even if the majority of Americans are completely opposed to it.

 

The Jungle 1

(4,552 posts)
24. We can't afford to do this. We have massive amounts of socialist corporate welfare to pay for
Thu May 19, 2022, 10:56 PM
May 2022

We have to help the job creators. Or is it the filthy maggots who steal our tax dollars.

Latest Discussions»Latest Breaking News»Mitt Romney and fellow Re...