Student loan document intended as gift to Biden base: Howard Kurtz

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“Media Buzz” host Howard Kurtz said President Biden’s roughly $500 billion student loan was meant to energize Biden’s base as we approach midterm.

HOWARD KURTZ: It clearly fails the fairness test because you’re transferring $500 billion or more to taxpayers who… people who didn’t go to college, people who went to college and repaid their loans and I had Gene Sperling on Media Buzz yesterday I played for him the clip of President Biden last year saying on CNN I don’t want to send money to graduates of Harvard and Yale and Penn and I don’t think I have the power to do so.

HARRIS DODGES QUESTION ABOUT WHO WILL PAY STUDENT LOAN DOCUMENT

He veered off saying well, the president, to his credit, resisted pressure to go even bigger, $50,000 per student from the likes of Elizabeth Warren and others. But, you know, they still don’t want to talk about the fact that Biden agonized over it and had a different stance, and now it’s obviously a giveaway for younger voters who are part of Biden’s base.

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