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FOXNEWS America Reports July 7, 2024

first major announcement since then, forgiving student loan debt for millions of americans up to $20,000 per borrower. and it s angering republicans and some democrats. hello, welcome, everyone. i m sandra smith. another busy news day. john: i m john roberts in washington. this is america reports. we ll have the president s remarks as they happen during the next hour. republicans say the move will cost taxpayers billions of dollars and worsen an already historic inflation crisis. democrats say, though, that the plan does not go nearly far enough. calling for thousands more in loan forgiveness. reaction already mixed. the government shouldn t pay for it. if you go to school, you pay for it yourself. if you can t, get a scholarship. i think we can live with it. why not give the students a break, that s our future. if you go to school, you should probably pay for it. sandra: a california congressman will react in just moments. john: peter doocy on the north l ....

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FOXNEWS America Reports June 4, 2024 18:46:00

As we go into the final eight weeks of the campaign here, can you really make a lot of political hay out of this loan forgiveness deal and could it ever measure up to the galvanizing energy that the dobbs decision has given the democrats? well, i think the idea is more to specifically target some democratic groups that they would like to fire up. remember, they are talking about trying to fire up their own base, not bringing in converts, trying to fire up their own base and there are two overlapping groups which is the progressive wing of the democratic party and young people. a lot of the same people there. but the thing is, yes, this is going to anger a lot of people, but it will also help a lot of people. i mean, there are millions and millions of people who have college debt and those who have debt of 10,000 or below or if they have a pell grant of 20,000 or below, they are going to get ....

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FOXNEWS America Reports June 4, 2024 18:45:00

Inflation reduction act, on board for that, and now as far as student loans are concerned he is warning that again, that it is going to be inflationary. and you know, a lot of democrats say to republicans well, what s your plan for dealing with inflation? well, the first thing is to do no harmmean, don t make it wors. so i think you are going to see this be a big, big campaigning point for republicans in a couple months ahead. john: i wanted to ask you about that, byron. i mean, clearly this is going to tick a lot of people off. if you talk about the taxi driver who never went to even community college and is trying to make a living for themselves and their family or you talk about the welder in middle america who went to two years of community college to learn a trade, and is making nowhere near the $125,000 that s the cap for debt forgiveness here. but not the galvanizing issue the dobbs decision was. as you look at those two things ....

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