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    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    Sep 26, 2023, 06:15 AM
    More Debt Forgiveness .
    If you are cool with the government giving away tax payer's money so students can not pay the debt they have accrued ;you will love the latest insanity coming out of Washington.

    The Consumer Financial Protection Bureau (CFPB) ;the Elizabeth Warren invention to protect us from ourselves ; has a brilliant idea</sarc> .
    Why not make it easy to wave away $$$$ hundreds of billions in medical debt????

    Biden administration to ban medical debt from Americans' credit scores - CBS News

    U.S. Senator Elizabeth Warren’s Statement on Vice President Harris’s Announcement of the Consumer Financial Protection Bureau (CFPB) Taking Action to Eliminate Medical Bills from Credit Reports (goldrushcam.com)

    Debt forgiveness is the Dems new entitlement program.

    St. Paul mayor proposes erasing $100 million in medical debt for residents - Axios Twin Cities

    Pittsburgh to establish $1M medical debt relief plan | TribLIVE.com

    Medical Debt Is Being Erased in Ohio and Illinois. Is Your Town Next? - The New York Times (nytimes.com)

    NYC launches program to wipe out millions of dollars in patients' medical debt (nypost.com)


    This one is easy to propagandize. Just keep telling medical hardship stories . Who could not sympathize ? But just like that student debt forgiveness ;the unintended consequences outweigh the potential benefits.

    As an example. If you are young and healthy . Why would you ever sign up for medical insurance if you know you won't be responsible for paying your medical debts ?
    Obamacare was supposed to fix these problems ......right ? But as we know the REAL goal of Obamacare was for it to fail to be eliminated and replaced by a complete socialist system . Making it easier for people to opt out of insurance will hasten it's collapse.

    hmmm I wonder if Clueless will try to forgive the Federal Debt with the stroke of his pen ?

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