August 24, 2022
Barrasso: “Today’s announcement is an insult to every American who played by the rules and worked hard to responsibly pay off their own debt.”
WASHINGTON, D.C. – Today, U.S. Senator John Barrasso (R-Wyo.), chairman of the Senate Republican Conference, issued the following statement regarding President Joe Biden’s student loan debt announcement, his latest plan to raise costs for all Americans.
“Cancelling millions of dollars in student loan debt will make the pain of high prices even worse for Wyoming families. Today’s announcement is an insult to every American who played by the rules and worked hard to responsibly pay off their own debt. This decision is also a boon for Biden’s wealthy supporters. Once again, the Biden administration is selling out working families to appease the far-left wing of the Democrat party.”
Background: Senator Barrasso is an original cosponsor of the Debt Cancellation Accountability Act, requiring the U.S. Department of Education to obtain an express appropriation from Congress to pay for any federal student loan debts. This legislation would hold the administration accountable and ensure taxpayers are not paying for other people’s student loan debts.