The White House has called out Rep. Marjorie Taylor Greene (R-Ga.) over the recent criticisms of President Biden’s student loan forgiveness program. Specifically, the White House noted that Greene herself had Paycheck Protection Program loans forgiven.
The Biden administration took to Twitter to post a video of Greece calling the announcement of debt forgiveness unfair. They also wrote that she had $183,504 in PPP loans forgiven. The Paycheck Protection Program (PPP) was a loan program designed to help small businesses stay in business amid the COVID-19 pandemic.
Data also shows how much interest Greene’s company, Taylor Commercial, Inc., has had forgiven under this program.
The Biden administration has now announced that up to $10,000 in federal student loan debt forgiveness is available for Americans with a salary of less than $125,000 per year. Pell Grant recipients are also allowed up to $20,000 if they earn less than $125,000 per year.
A further pause in the repayment of student federal loans was announced. This COVID-19 policy was set to expire on Aug.21 but has now been extended one final time until Dec. 31.
Greene during a Newsmax interview said that it was unfair for the government to be forgiving debt and that Taxpayers should not have to be responsible for paying off the student loans accrued by some college students who got massive debt for choosing to attend an Ivy League university.
Others have also asked whether such a program would be fair to those who have worked towards repaying their loans which he addressed on Wednesday.
Democrats across the board have been supporting the debt relief move, but Republicans have been critical of the economics of this move.