Rooney Vera: Student Loan Forgiveness Is ‘A Blatant Government Ploy to Buy Votes Ahead of the November Elections’

RUSH TRANSCRIPT CAVUTO yeah ░░░░░░░░ You know he s ░░░░░░░░ right on that Katherine ░░░░░░░░ Trump did do this ░░░░░░░░ lot and his predecessor ░░░░░░░░ we can get into ░░░░░░░░ vagaries of the financing ░░░░░░░░ all of that But ░░░░░░░░ m just wondering going ░░░░░░░░ what the message is ░░░░░░░░ mean there ises the ░░░░░░░░ issue of how you ░░░░░░░░ for all of this ░░░░░░░░ know Given the progress ░░░░░░░░ the deficit I ve ░░░░░░░░ a number of Democrats ░░░░░░░░ said this past week ░░░░░░░░ that savings even though ░░░░░░░░ s sort of a ░░░░░░░░ widened credit line since ░░░░░░░░ pared it by about ░░░░░░░░ 5 trillion that will ░░░░░░░░ for it What did ░░░░░░░░ think of that VERA ░░░░░░░░ think this is another ░░░░░░░░ of distortive government intervention ░░░░░░░░ ends up hurting the ░░░░░░░░ people whose votes they ░░░░░░░░ trying to effectively buy ░░░░░░░░ is a moral hazard ░░░░░░░░ well so somebody s ░░░░░░░░ to pay for it ░░░░░░░░ it s going to ░░░░░░░░ guess who The taxpayers ░░░░░░░░ is free so every ░░░░░░░░ handout or giveaway that ░░░░░░░░ somebody has to pay ░░░░░░░░ it And the moral ░░░░░░░░ aspect neil is that ░░░░░░░░ student who s going ░░░░░░░░ be going to college ░░░░░░░░ get the imlegs that ░░░░░░░░ s a government backstop ░░░░░░░░ he or she is ░░░░░░░░ to indebt himself more ░░░░░░░░ handicap their future even ░░░░░░░░ expecting this to continue ░░░░░░░░ it effectively cannot So ░░░░░░░░ think a major issue ░░░░░░░░ in an inflationary environment ░░░░░░░░ where we have inflation ░░░░░░░░ nearly 8 5 the ░░░░░░░░ in 40 years You ░░░░░░░░ it s very silly ░░░░░░░░ think and I think ░░░░░░░░ s a blatant government ░░░░░░░░ to buy votes ahead ░░░░░░░░ the November elections.”