White House Outs Marjorie Taylor Greene and other Republicans criticizing student debt cancellation after their PPP loans were forgiven!

White House calls out Republican lawmakers who got loans forgivenHypocrite Rep. Marjorie Taylor Greene

Dear Commons Community,

The White House hit back at Republicans on Twitter and went after GOP lawmakers who are bashing President Joe Biden’s move to cancel some student debt after they personally benefited from having Paycheck Protection Program loans forgiven during the Covid pandemic.

In a series of tweets, the White House highlighted several congressional Republicans Reps. — Marjorie Taylor Greene of Georgia,  Vern Buchanan of Florida,  Mike Kelly of Pennsylvania, and Markwayne Mullin and Kevin Hern of Oklahoma — who had six- and seven-figure PPP loans forgiven as part of a federal program intended to help those harmed by the coronavirus.  As reported by NBC News.

Like many of their GOP colleagues, the lawmakers have blasted Biden over his student loan decision.

Greene, who said on Newsmax that “it’s completely unfair” for student loans to be forgiven, had $183,504 in PPP loans forgiven, according to the White House.

Kelly, who tweeted that Biden’s move was poised to benefit “Wall Street advisors” at the cost of “plumbers and carpenters,” had $987,237 forgiven, the White House said.

Buchanan, who according to the White House had more than $2.3 million in PPP loans forgiven, tweeted that Biden’s move was “reckless” and a “unilateral student loan giveaway.”

Under Biden’s student debt plan, borrowers who earn less than $125,000 a year, or $250,000 for couples who file taxes jointly, will be eligible for up to $10,000 in debt cancellation. Pell Grant recipients, who make up the majority of student loan borrowers, will be eligible for an additional $10,000 in debt relief, for a total of $20,000.

The Paycheck Protection Program was promoted in 2020 as offering loans that could be forgiven if the companies spent the money on business expenses. The requirements for federal student loan forgiveness have been much more stringent over the years.

The White House also highlighted criticism and PPP loan forgiveness amounts from Mullin (more than $1.4 million) and Hern (more than $1 million).

What a bunch of hypocrites!



Comments are closed.