CNBC Anchor Presses WH’s Bernstein: Is the Student Loan Bailout ‘Worth It Politically?’
‘Is it just to mollify or appease the far-left progressives and maybe get a few votes?’
EXCERPT:
KERNEN: "I haven't even brought up what the other side has said about all these things. I mean that -- that's just vociferously against almost all these things. But in the IRA and I have a problem with even calling it that, the Inflation Reduction Act, you point to because you raise taxes, you point to some deficit reduction. This eats up all of that deficit reduction, and then it adds another, nobody knows, but probably at least another 300 billion onto it. So it's, like I said, just to mollify or appease the far left progressives and maybe get a few votes. Do you really think that it's worth it politically to -- to have done this?"
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