DAY SEVEN: White House refuses to explain who will pay for Biden's $500B student loan handout

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DAY 7: White House refuses to explain who will pay for Biden's $500B student loan handout

Sen. Tom Cotton, R-Ark., reacts to the Biden student loan plan and reflects on one-year since the Kabul attackPresident Biden and White House officials remain silent about how they plan to pay for the cancelation of between $10,000 to $20,000 in student debt for millions of Americans.

"If this ends up being added to the national debt, it's just going to drive up the interest costs needed to not default on that figure," said Brian Riedl, a senior fellow in economics at the center-right Manhattan Institute."All of that is eventually going to drive up taxes because at some point you'll have to figure out a way to pay that debt."

 

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