'It is frankly an insult to the American people to support a piece of legislation that continues to put our country's financial future at risk.'
Good has focused on the student loan forgiveness plan, passing legislation in the House on May 24 that would overturn its implementation. A White House source previously told"President Biden's student loan transfer scheme shifts hundreds of billions of dollars of payments from student loan borrowers onto the backs of the American people," Good said last week.
"The national debt is the greatest national security threat we face," tweeted Crane, a congressman from Arizona.Charley Ballard, an economics professor at Michigan State University, questioned the implications of a deal not being reached by this weekend and how both sides deal with it—including Biden potentially invoking the 14th Amendment, which he has shied away from but has been encouraged by some Democrats to utilize.
"It's hard to know exactly what's in their mind, whether they maybe don't believe it's that catastrophic. I don't know."
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