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A worrisome report about student loan repayments is allegedly hiding from public view at the U.S. Dept. of Education, and two Republican lawmakers are demanding answers from a party that wants to wipe away billions of student loan debt.
According to The Washington Free Beacon , GOP lawmakers are asking the Government Accountability Office to investigate the Dept. of Education for sitting on a Trump-era report that warns taxpayers may end up footing the bill for billions in unpaid student loans.
Democrats keep pushing for the federal government to wipe out — or “forgive” — thousands of student loans, an idea that predictably found favor with young voters who are making payments or, in many cases, cannot do so.
Jonathan Butcher, an education analyst at The Heritage Foundation , says some Democrats are advocating wiping out school loans for as much as $50,000 as part of the party’s forgiveness push. “I think that before we start saying we’re going to begin turning the responsibility of paying for college costs all over to taxpayers,” he tells One News Now, “we should know what is going on with students right now.”
According to the Beacon, GOP lawmakers Rep. Virginia Foxx and Rep. Greg Murphy sent a letter to the GAO demanding specific answers about the “accurate depiction of the budgetary impact of the federal student loan program,” since more than 40 million borrowers owe more than $1.5 trillion in student loans, the lawmakers said.
Mirroring the Beacon’s story, Butcher warns the true cost to taxpayers will be much higher than government projections.
“Anything that starts in Washington,” he says, “only grows, only ratchets up, only get bigger.”
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker