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President Biden does the precise reverse of the legendary Robin Hood by “robbing[bing] the poor ought to pay the wealthy,” by unilaterally offering a $300 billion handout to pupil mortgage debtors to be paid by taxpayers who both didn’t attend faculty or responsibly repaid their loans, Jesse Watters stated in The 5 on Wednesday.

“I simply need to congratulate all of the wealthy whites with superior levels who reside on the coast and make six figures. You might be actually the forgotten women and men of this nation,” Watters stated. “And eventually you’ve a president who feels your ache.”

Watters stated that many individuals who see their loans canceled by US taxpayers make about $125,000 a 12 months, including that a few of the logic behind the said want for unilateral motion is flawed.

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President Biden retains his promise to repay his pupil mortgage debt, however at what value?
(REUTERS/Kevin Lamarck/File)

“In response to Liz Warren, if it is a historic financial system that we’ve got by no means seen earlier than, why do folks even reside of their basements, burdened with pupil debt, and can’t begin a enterprise? It is unnecessary,” he stated. stated.

“You may’t raid the Treasury after which minimize checks to your favourite voters. The place did Biden as president get the ability to spend half a trillion {dollars}? That is the work of Congress.”

Watters stated Biden is mainly “stealing” Pelosi’s pockets and bribing his base forward of key elections, stating that Speaker Pelosi herself stated in 2021 that solely Congress can do that underneath the Structure.

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Education Secretary Miguel Cardona speaks favorably of Upper Darby, Pennsylvania.

Schooling Secretary Miguel Cardona speaks favorably of Higher Darby, Pennsylvania.
(Pete Bennan/MediaNews Group/Every day Instances)

“It is a reverse class warfare. It is such as you rob the poor to pay the wealthy. You are about to drive a plumber’s household to repay a mortgage to a highschool graduate household that makes 1 / 4 of one million {dollars} a 12 months. Why ought to I “ought to I pay or ought to somebody pay for my neighbor’s diploma?” he requested.

“You realize, you look throughout the road and also you see your neighbor’s daughter. She simply locked herself in your mailbox. She has at all times been a idiot. does not make sense in any respect.”

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Biden/Cardona

Biden/Cardona
(OLIVIER DULIERI/AFP through Getty Pictures)

Watters predicted that Biden’s motion can be the primary of an infinite sequence of handouts to white-collar liberals, with the quantity of handouts rising exponentially every time.

“It can by no means cease. After which folks will maintain borrowing and maintain going to these faculties as a result of that is what it is all about. presently.”

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Watters additionally took situation with Biden’s protection arguments that the Republican tax cuts did not hit these white-collar debtors, stating that everybody who pays taxes, by definition, will get a tax minimize.

“It is not like Donald Trump minimize taxes for males within the swing states of Ohio, Florida and North Carolina three months earlier than the midterms. That is not what he did,” Watters stated. “Everybody bought an enormous tax minimize. He did not switch wealth to repay folks’s loans.”

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