Fox News host Jesse Watters ripped President Joe Biden for his plan to cancel $10,000 in student debt for many borrowers.
Watters discussed the issue with other panelists on the show “The Five." He argued the move is unconstitutional and will only benefit people who have a degree and are raking in six figures.
“I want to congratulate all the rich whites with graduate degrees who are living on the coast making six figures. You really are the forgotten men and women of this country and you finally now have a president who feels your pain,” Watters said in a mocking manner. “Spending most of your 20s in school, now finally making close to $125,000. Man, I mean, what would they do without Joe Biden?”
Watters also wondered why if the economy is booming, like the Democrats suggest, why is there a need to forgive student debt?
“It doesn’t make any sense. You cannot raid the treasury and then cut checks to your favorite voters. Where did Biden give the power as the president to spend half a trillion dollars? That’s Congress’ job. He cannot steal Nancy’s purse and then to start bribing people before an election. That’s an abuse of power and it’s unconstitutional. Nancy even said it was unconstitutional,” Watters continued.
“This is reverse class warfare. It’s like, I don’t know, you rob the poor to pay the rich. You’re going to get a plumber’s family to pay off the loan of a graduate school family that’s making a quarter million dollars a year? Why should I have to pay, or anybody have to pay, for my neighbor’s graduate degree?” Watters questioned. “You look across the street, you see your neighbor’s daughter, she just backed into your mailbox, she’s always been an idiot, and now you have to pay for her to get an advanced degree in Estonian poetry? It doesn’t make any sense at all.”
According to Watters this will be worse next time with it being more than $10,000. He also put an emphasis on this being different than tax cuts.
“This is a lot different than tax cuts. Everybody gets a tax cut. Everybody that pays taxes gets the tax cut when the taxes get cut. It’s not like Donald Trump cut taxes for males in the swing states of Ohio and Florida and North Carolina three months before the midterms,” he said.
Check it out:
"You can't raid the treasury and then cut checks to your favorite voters. Where did Biden get the power ... to spend 1/2 trillion dollars? That’s Congress’ job. He can't steal Nancy’s purse and then just start bribing people before an election." @JesseBWatters #TheFive pic.twitter.com/8pfenLoe2C
— Virginia Kruta (@VAKruta) August 24, 2022