this post was submitted on 30 Jun 2023
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The Supreme Court strikes down Biden's student-loan forgiveness plan, blocking debt relief for millions of borrowers (www.businessinsider.com)
submitted 1 year ago by Girlparts@kbin.social to c/news@kbin.social
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The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.

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[โ€“] Aesculapius@kbin.social 2 points 1 year ago (1 children)

Taxpayers spent over $1 Trillion on the PPP program, of which, $200 billion is thought to be fraudulent. Another case of only corporations get socialism in the US.

[โ€“] Ertebolle@kbin.social 1 points 1 year ago

That's not even all of the fraud, that's just the really obvious stuff - overseas scam artists inventing fake companies. Rich members of Congress getting PPP loans for their "businesses" and using the money to buy yachts doesn't seem to be counted.