Rep. Troy Nehls: 85% of Americans will be paying for 15% of people that have student loans

Congressman Troy Nehls (R-Tx) discusses how Biden "cancelling" student debt will impact everyday Americans in terms of taxation

Updated: August 25, 2022 - 9:07pm

The Facts Inside Our Reporter’s Notebook

Rep. Troy Nehls (R-Tx) said that "85% of the American people are going to be paying for 15% of the people that have the student loans." Nehls discussed President Biden's student loan forgiveness plan and how it will impact everyday Americans on Just the News, Not Noise

"I think it would be interesting for a media outlet to go out there and talk to those 15% and say, 'Hey, listen, this debt that they want to pay off, whether it's $10,000, or whether it's $20,000 you've probably been paying back on your loans, because you probably feel it's your responsibility to pay your own loans off,'" Nehls suggested. "Do you agree with the President doing this? Do you want this free handout?"

"It would be interesting to see the 15% of the people that are going to benefit off the backs of the 85% of the American people respond," Nehls continued. "I wonder how they truly feel about that. I bet you you're gonna find some that will say, 'Hell no, I'll pay my own bills.'"

Rep. Nehls also said that a majority of Americans do not support this loan forgiveness plan. 

"These handouts are getting ridiculous," Nehls stated. "Whether it's $300 billion or $600 billion or more, I am telling you, the American people right now do not support this. And I think we need to challenge his (Biden's) ability to do so because you can't put this debt upon the American people. Enough is enough."

Nehls also called out the hypocrisy of House Speaker Nancy Pelosi, who said about a year ago that President Biden lacks the authority to cancel student debt.

"Several months ago, she (Pelosi) said, 'I don't think the President has the authority to do this,'" Nehls recalled. "And now all of a sudden, she's in bed with him."

"The American people aren't being fooled on this one," Nehls later concluded. "I think this is going to hurt them even more in the midterms."