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<blockquote data-quote="bacha29" data-source="post: 5538955" data-attributes="member: 58386">Comes back to the same old question that has been put in front of MAGA conservatives....&quot;Ok, where do you want to cut&quot;? You are the one who keeps carping on this and pointlessly brought it up again tonight without ever identifying any individual program aside for student loan forgiveness. I told you what the real danger is regarding student loan debt They are non collateralized loans. Now IRS can withhold income tax refunds just as they can in the case of back child support. But not much else Now if there is a rash of bank failures the FDIC could end up paying out just as much covering lost deposits as student loan forgiveness could cost. One point I made crystal clear to you. I don&#039;t like the proposal which is a long way from becoming finished law. But it is important that the clear and present danger to the US banking system be completely understood. Now again it comes back to the same old question Where do YOU want to start?</blockquote>

[QUOTE="bacha29, post: 5538955, member: 58386"] Comes back to the same old question that has been put in front of MAGA conservatives...."Ok, where do you want to cut"? You are the one who keeps carping on this and pointlessly brought it up again tonight without ever identifying any individual program aside for student loan forgiveness. I told you what the real danger is regarding student loan debt They are non collateralized loans. Now IRS can withhold income tax refunds just as they can in the case of back child support. But not much else Now if there is a rash of bank failures the FDIC could end up paying out just as much covering lost deposits as student loan forgiveness could cost. One point I made crystal clear to you. I don't like the proposal which is a long way from becoming finished law. But it is important that the clear and present danger to the US banking system be completely understood. Now again it comes back to the same old question Where do YOU want to start? [/QUOTE]

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