Nancy Pelosi is suddenly praising President Joe Biden for dropping $300 billion in tax payer dollars on his plan to cancel student loan debt – a strange shift from her tone on the subject just last year.
In July of 2021, Pelosi vehemently stated that the president of the United States DOES NOT have the power to singlehandedly wipe out student loan debt, and therefore doing so was out of the question.
Now, the House Speaker is saying she has no problem with Biden’s abuse of power used to cancel the debt.
She has even called the move “a strong step in Democrats’ fight to expand access to higher education and empower every American to reach fulfillment,” adding the move will help “more working families as they continued to recover from the challenges of the pandemic,” despite numerous warnings by economists that this will only raise inflation and make life more expensive for the average American.
But the reality remains that this could turn out to be one of the biggest vote buying operations the Democrats have ever done.
According to the White House, the cancelation could benefit 43 million loan borrowers – which they hope will translate to some goodwill with those 43 million voters at a time when the party is desperately looking to avoid a red wave come midterms.
To fully understand the play the Democrats are running here, and why Nancy so easily flip-flopped on the issue, watch the video here.