Highlights of the Bill

@no1marauder said
What you can't understand because Fox News doesn't tell you this is that the purpose of the program wasn't to make the government money off interest on student loans but to educate working and middle class kids so that they would be more productive members of society. The program has always contained provisions for lesser payments based on income for those who needed that assistance. The BBB includes those as well.

Of course all that you say is true. The purpose, the intent, the process everything is true that goes without saying. You could start a thread on that with all due respect. Right now I am trying to make sure that everyone on this forum knows that the taxpayers would have we been paying off the loans of students, they would have been paying off those loans with taxpayer money. You have said we would not,,,,, with some convoluted formula that you dreamed up when in fact, the money was loaned out and never came back in. The money was money of taxpayers, therefore taxpayers would have paid off those loans. You and I have written about this for six months and seemingly nothing has changed.
You are obtuse!!!
Lesser money, lesser SHMUNEY. Whatever. Your writings. have absolutely nothing with the issue at hand. People in need of loans?? Hell, that included me, I borrowed every dollar to earn my degree over 3 years. Nothing unusual about having to borrow money while in college.

@no1marauder said
Like I said, goalpoat moving. Your complaint was that those who would benefit from student loan forgiveness wanted taxpayers to pay their debts. Since it's now established that isn't so (forgiveness isn't repayment), you've changed your tune.

Your new one gets a "so what"? Any type of relief, including tax cuts, reduces revenue.

Who established that 'it isn't so', that taxpayers pay the debt. But they do.
Did I not just establish that it is so? You can answer this by explaining the small town analogy, money taken from treasury, loaned to students, they take it and pay it somewhere for something. The money is gone. The don't bring it back, they don't repay it. The money of the taxpayers is thus gone.
Goal posts???? How about you answer a straight question. At least tell us how my analogy does not hold water.

@Zahlanzi said
"Let's pick one issue."
let's not.

no need to ignore years of shared experience where you ignore and/or not understand every argument presented and go again into a debate with you. Just for it to go nowhere and you to proudly declare you're ignorant and proud of it.

Z gets personal again. Does not like me making a genuine effort to put out a simple one-issue post.
He and Marauder are really having. hard day.

Hell, ask me a question.

@AverageJoe1 said
Z gets personal again. Does not like me making a genuine effort to put out a simple one-issue post.
He and Marauder are really having. hard day.

Hell, ask me a question.

I'll ask you a question:
Why do you think the national debt quickly going to FORTY TRILLION is a good thing? that 3+trillion increase in the national debt is a dodge so they can find replacement money for the CRIMINAL tax bribe they engendered in this POS BBB.
how the hell ELSE are they going to get enough money to run the government when they decimate IRS income? We get about 5 tril in IRS money and now the slapped off some 3 tril from that source and OH so coincidentally raising the national debt by THE SAME AMOUNT.
And have your lips so superglued to Trump's ass you can't see ANY of that.

@sonhouse said
I'll ask you a question:
Why do you think the national debt quickly going to FORTY TRILLION is a good thing? that 3+trillion increase in the national debt is a dodge so they can find replacement money for the CRIMINAL tax bribe they engendered in this POS BBB.
how the hell ELSE are they going to get enough money to run the government when they decimate IRS income? We get a ...[text shortened]... debt by THE SAME AMOUNT.
And have your lips so superglued to Trump's ass you can't see ANY of that.

The quick answer is that it is better than the alternative. Note that you libs look for 100% perfection, will take nothing less. WE are realists. W know there is bad with the good,. We also know things take time. We know to pick the best road, with all its bumps. We get smart people to thresh it all out. If a Momdani type of thinking were applied, bankruptcy would ensue. Yet, you vote him in a heartbeat.

So to your$3T question you ask how we will get money to offset? By creating a thriving economy to produce revenue to outpace that $3T. Reducing taxes increases the economy. You write as though you are the short-sighted Biden, just spend the money,,,,,with no thought of a plan. There is a plan to defeat just what you speak of, I am in no position to explain it or write reams about it as you will do over the months. But it is there, and I trust in it, and know we could not go backward into Bidenomics, etc. This could be no worse, Sonhouse.
So your quite-general question is impossible to simply 'answer'. Minds smarter than ours look for solutions for hours.....how do you think that we can.
I was thinking you might ask a question like something you and liberals espouse that I might not like very much. Something specific. Not 'do you think we will reach Mars by 2035?" But instead, , 'Should a guy with 4 kids working at the same job as a guy with no wife or kids each make the same amount of money, which is called a Living Wage for each employee??

Look up conservative tenets vs liberal tenets. You are all about entitlements. I could just as easily ask how.a country can survive living off of other people After a while you libs will run out of other peoples money. Trump will not let that happen. That alone is somewhat of an answer. We will prevail because we do NOT follow your tenets.

@AverageJoe1 said
The quick answer is that it is better than the alternative. Note that you libs look for 100% perfection, will take nothing less. WE are realists. W know there is bad with the good,. We also know things take time. We know to pick the best road, with all its bumps. We get smart people to thresh it all out. If a Momdani type of thinking were applied, bankruptcy would en ...[text shortened]... appen. That alone is somewhat of an answer. We will prevail because we do NOT follow your tenets.

When that DOESN'T come about, this magically growing economy, and we are STILL left with a 40 TRIL ND don't come crying to me telling us how wrong you were.
BTW, those SINISTER ZOMBIES are not through with adding to the ND, they have plans to raise it even more next year but I bet you didn't hear THAT on Fox news.

@AverageJoe1 said
The quick answer is that it is better than the alternative. Note that you libs look for 100% perfection, will take nothing less. WE are realists. W know there is bad with the good,. We also know things take time. We know to pick the best road, with all its bumps. We get smart people to thresh it all out. If a Momdani type of thinking were applied, bankruptcy would en ...[text shortened]... appen. That alone is somewhat of an answer. We will prevail because we do NOT follow your tenets.

90% of the BBB is just a continuation of Trump's already existing tax cuts of 2017 which failed to even get GNP growth to a modest 3% even before COVID.https://www.macrotrends.net/global-metrics/countries/usa/united-states/gdp-growth-rate

It did manage to help increase the Federal debt by almost $8 trillion in Trump's first term, however.https://www.propublica.org/article/national-debt-trump

@AverageJoe1 said
Z gets personal again. Does not like me making a genuine effort to put out a simple one-issue post.
He and Marauder are really having. hard day.

Hell, ask me a question.

Are you stupid?

@AverageJoe1 said
Who established that 'it isn't so', that taxpayers pay the debt. But they do.
Did I not just establish that it is so? You can answer this by explaining the small town analogy, money taken from treasury, loaned to students, they take it and pay it somewhere for something. The money is gone. The don't bring it back, they don't repay it. The money of the taxpayers is ...[text shortened]... ?? How about you answer a straight question. At least tell us how my analogy does not hold water.

You don't like student debt, but you love government debt?

@sonhouse said
When that DOESN'T come about, this magically growing economy, and we are STILL left with a 40 TRIL ND don't come crying to me telling us how wrong you were.
BTW, those SINISTER ZOMBIES are not through with adding to the ND, they have plans to raise it even more next year but I bet you didn't hear THAT on Fox news.

you see, these questions have no 'answer' in a forum such as this. Take my question which you would not answer....What would you do if a male entered a swim competition against your grandaughter as you sit hel[lessly in the stands as he beats her by 11 seconds. There is an answer for you to give, do you not see?
One here cannot answer your $3T question in a way that a poster can get their arms around. One cannot predict the future, and cannot be in the room when decisions unknown to us are made. So, Sonhouse....please ask a queation (interesting) that can be answered in the present about the present,,,,,,
What if Donald finds a way to sell something that gains billions and finds th emoney that way? We would banter day in and day out, and he says, I have sold something, we are all good!!! We will all be happy except Marauder, who would say that Trump should have told us what he was up to.

@wildgrass said
You don't like student debt, but you love government debt?

I don't love government debt. I don't love government entitlements either. I certainly bless student loans, had two of them myself. Don't know why you would say that. Why would you say that??
Re the entitlements, sonhouse says unqualified people (includes aliens who broke into this country) should be covered by Medicaid. He hates Trump, that may have something to do with such a deranged statement. Not an entitlement I like. Do you like it?
You must love our taxes paying for sex changes of convicts. I have never heard you say that you do not. I will be watching for things on the horizon that I will 'not ' love' and ask you if you love them. This will be more fun than observing poster sonhouse searching for an answer to the ills of the Trillion dollar debt gambit.

@AverageJoe1 said
I don't love government debt. I don't love government entitlements either. I certainly bless student loans, had two of them myself. Don't know why you would say that. Why would you say that??
Re the entitlements, sonhouse says unqualified people (includes aliens who broke into this country) should be covered by Medicaid. He hates Trump, that may have something to do ...[text shortened]... an observing poster sonhouse searching for an answer to the ills of the Trillion dollar debt gambit.

You love the big beautiful debt.

@wildgrass said
You love the big beautiful debt.

Uh uh. You love Mamdani! Hey, why do people like him and Elizabeth Warren claim to be a different ethnicity than they really are? You know about Elizabeth, but now we find out it on his college application. He said he was Asian/black. He was born in Uganda. This would be like two Mexicans moving to Nairobi and having a child, and saying that the child is black. Why can you people not be what you really are instead of pretending to be someone else..?
I have been asking some house to deal with questions like this, but he would rather write about discussing the $3 trillion debt as if we all have PhD’s in economics.

@AverageJoe1 said
Uh uh. You love Mamdani! Hey, why do people like him and Elizabeth Warren claim to be a different ethnicity than they really are? You know about Elizabeth, but now we find out it on his college application. He said he was Asian/black. He was born in Uganda. This would be like two Mexicans moving to Nairobi and having a child, and saying that the child is black. Why can ...[text shortened]... n’t know why it’s in here. It’s in here because I’ve carried it in here. Are you OK now I just Riley

You don't need a PhD in economics to understand $3 trillion in debt. In fact the number is much much higher if you add it to the current deficit levels that existed before the bill was passed.

Republicans cut Medicaid and somehow ended up spending MORE money. You love it.

@wildgrass said
You don't need a PhD in economics to understand $3 trillion in debt. In fact the number is much much higher if you add it to the current deficit levels that existed before the bill was passed.

Republicans cut Medicaid and somehow ended up spending MORE money. You love it.

Right, but Funhouse has an innate knowledge of the $3 trillion debt and all of the ramifications there of, and he knows that it will not work, and is asking us to weigh in on something, with our limited knowledge,, something that we do not know as much about as he does. I hope that makes sense. It is a long sentence.
So I pass on conversations about the nature of the necessity of having this debt, to make it all balance out in the end. That is obviously the plan of administration. Son house has figured out that it will be impossible, but I do not know if it will work or not. Certainly you would not want me without such knowledge to waste the time of everyone commenting on such.