AMY GOODMAN : Braxton, I wanted to ask you about a speech that Joe Biden gave on the economy when he was president-elect. It was in .
This new regulations passed by the newest Popular Family need instantaneous $ten,000 forgiveness from figuratively speaking
Chairman – Elect JOE BIDEN : It’s holding people up. They’re in real trouble. They’re having to make choices between paying their student loan and paying their rent, those kinds of decisions. It should be done immediately.
BRAXTON BREWINGTON : He has failed to keep that promise. Not only did he promise $10,000 immediately for every single borrower, he said if you went to a public college or any HBCU or minority-serving institution and make under $125,000 a year, that he’d wipe all of that student debt out, as well. So, now we are more than a year into the Biden administration, where he said he would wipe out student debt unilaterally, immediately, and that $10,000 was a minimum – actually, it wasn’t a cap, it was a minimum – and not only has he failed to keep this promise, he has actually become more predatory on student loan borrowers, right? His DOJ is, you know, making it very difficult for people to file bankruptcy in the courts. So, not only has he failed to keep that promise, the Biden administration is actually being quite harsh on student debtors.
And only because of the stress the Obligations Collective and you may other allies has actually wear the fresh new Biden management is it as to the reasons i have a federal education loan moratorium today that is stretching thanks to Could possibly get. And we’re going to have to keep one tension up to guarantee that the guy fulfills who promise and you will exceeds it to cancel pupil financial obligation.
JUAN GONZALEZ: And, Astra Taylor, I’d like to ask you last week, Reuters reported that President Biden will ask Congress for a defense budget of more than $770 billion for the upcoming fiscal year.