{"id":2324924,"date":"2024-08-15T08:54:01","date_gmt":"2024-08-15T12:54:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/votes-sought-at-taxpayers-expense-say-foxx-cassidy-report-washington-examiner\/"},"modified":"2024-08-15T08:57:22","modified_gmt":"2024-08-15T12:57:22","slug":"votes-sought-at-taxpayers-expense-say-foxx-cassidy-report-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/votes-sought-at-taxpayers-expense-say-foxx-cassidy-report-washington-examiner\/","title":{"rendered":"Votes sought at taxpayers\u2019 expense, say Foxx, Cassidy: Report &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fvotes-sought-at-taxpayers-expense-say-foxx-cassidy-report-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2324924&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-campaign-hack-highlights-iranian-threat-to-us-elections-washington-examiner\/\" title=\"Trump campaign hack highlights Iranian threat to US elections - Washington Examiner\">article discusses concerns \u200craised<\/a> by\u2063 U.S. congressional leaders Virginia Foxx\u200c (R-N.C.) and Bill Cassidy (R-La.) regarding the \u200cBiden \u200dadministration&#8217;s handling of \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/heres-what-each-of-bidens-42-executive-orders-will-actually-do\/\" title=\"Here\u2019s What Each Of Biden\u2019s 42 Executive Orders Will Actually Do\">student loan repayments<\/a>. Only\u200d 40% of borrowers are currently making payments following a three-and<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/four-legal-cases-involving-student-loans-as-interest-rates-resume-on-federal-payments\/\" title=\"Four student loan legal cases as federal interest rates resume.\">-a-half-year pause due<\/a> to\u2062 COVID-19. Foxx \u200cand Cassidy argue that \u200cthe administration has failed\u200d to effectively communicate repayment options \u200bto\u200c borrowers and have cited a\u200b Government\u200d Accountability Office \u2064report \u200dto \u2062support their \u200dclaims. They point out that many borrowers are unclear about their repayment responsibilities, leading to a \u2062significant number\u2064 entering forbearance. Foxx \u200ccriticizes the administration for what she perceives as misleading tactics aimed at securing votes while neglecting the issue of \u200drising education costs. Cassidy also contends that the administration is \u2064misleading borrowers about debt cancellation possibilities.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Votes sought at taxpayers&rsquo; expense, say Foxx, Cassidy: Report<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1730913\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>(The Center Square) &ndash; Only 40% of student loan borrowers make payments, and congressional committee leaders from North Carolina and Louisiana said Wednesday the federal report confirms the White House&rsquo;s efforts to win votes at taxpayers&rsquo; expense.<\/p>\n<p>U.S. Reps. Virginia Foxx, R-N.C., and Sen. Dr. Bill Cassidy, R-La., requested the Government Accountability Office analysis because they believed the Biden administration &ldquo;has repeatedly failed to communicate to borrowers on how to transition to repayment,&rdquo; a release says. Payments resumed in October 2023 after a 3&frac12;-year pause due to COVID-19.<\/p>\n<p>The congressional leaders &ndash; Foxx as chairwoman of the House Committee on Education and the Workforce and Cassidy as ranking member of the Senate Committee on Health, Education, Labor and Pensions &ndash; say in&nbsp;<a href=\"https:\/\/www.gao.gov\/assets\/880\/870313.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>addition to the January percentage making repayments<\/strong><\/a>, another 8 million borrowers in July alone have been placed into forbearance by the Biden administration.<\/p>\n<p>&ldquo;The majority of borrowers don&rsquo;t believe they need to pay back the loans they knowingly took on, and who can blame them after years of false hope and illegal schemes from the Biden-Harris administration?&rdquo; Foxx said. &ldquo;It&rsquo;s past time for this administration to quit lying to the American public and focus on real solutions to deal with the cost of postsecondary education, like the&nbsp;<a href=\"https:\/\/www.congress.gov\/bill\/118th-congress\/house-bill\/6951\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>College Cost Reduction Act<\/strong><\/a>&nbsp;that will hold institutions financially responsible for overpriced degrees that leave students with unaffordable debt.&rdquo;<\/p>\n<p>Cassidy said President Joe Biden and Vice President Kamala Harris, the Democrats&rsquo; nominee as his successor this fall, are not being honest on multiple fronts.<\/p>\n<p>&ldquo;The Biden-Harris administration is misleading these borrowers to win their vote while setting them up for failure,&rdquo; he said. &ldquo;These borrowers are racking up interest with missed payments while waiting for the false promise of widespread debt &lsquo;cancellation&rsquo; this administration has no authority to deliver. Let&rsquo;s be clear, the Biden-Harris administration is not canceling debt. They are trying to take the debt from those who willingly took it on and transfer it onto the 87% of Americans who chose to not go to college or already paid off their education.&rdquo;<\/p>\n<p>The federal report said 30% of borrowers, accounting for about $290 billion in loans, were past due on payments. About $254 billion in loans is not expected repaid because of deferment or forbearance.<\/p>\n<p>The report said 13.3 million borrowers, about 40%, were current. Those borrowers account for $706 billion in loans.<\/p>\n<p>A release from Foxx&rsquo;s committee says, &ldquo;To further disincentivize borrowers from paying off their loans after student loan payments resumed last August, the Biden-Harris Department of Education announced that borrowers will not be penalized or considered delinquent if they miss payments for up to a year. This &lsquo;coincidentally&rsquo; pushes any consequences for not making payments to after the November election. Borrowers who choose not to pay will still be charged interest on their unpaid loans and may be unaware that interest is accruing. This policy violates the Fiscal Responsibility Act and misleads borrowers on what their responsibilities are to repay their loans.&rdquo;<\/p>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1730913\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1730913\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>**Votes Requested at Taxpayer Cost, Claim Foxx and Cassidy: Report** (The Center Square) \u2013 A federal report reveals that only 40% of student loan borrowers are making payments, prompting congressional leaders from North Carolina and Louisiana to assert that the White House is attempting to secure votes at taxpayers&#8217; expense. U.S. Representatives Virginia Foxx (R-N.C.) and Senator Dr. Bill Cassidy (R-La.) sought an analysis from the Government Accountability Office because they believe the Biden administration has consistently failed to inform borrowers about transitioning back to repayment. Payments resumed in October 2023 after a 3\u00bd-year hiatus due to COVID-19. As chairwoman of the House Committee on Education and the Workforce, Foxx, along with Cassidy as ranking member of the Senate Committee on Health, Education, Labor and Pensions, noted that in addition to January&#8217;s repayment figures, another 8 million borrowers were placed into forbearance by the Biden administration in July alone. &#8220;Most borrowers don\u2019t feel obligated to repay loans they willingly took out\u2014who can blame them after years of false hope and illegal schemes from this administration?&#8221; Foxx stated. She emphasized it\u2019s time for this administration to stop misleading Americans and focus on genuine solutions for managing postsecondary education costs through measures like the College Cost Reduction Act which would hold institutions accountable for overpriced degrees leading students into unmanageable debt. Cassidy criticized President Joe Biden and Vice President Kamala Harris for being dishonest on several issues: &#8220;The Biden-Harris administration is deceiving these borrowers in order to gain their votes while setting them up for failure,&#8221; he remarked. He pointed out that these borrowers are accumulating interest due to missed payments while waiting for unrealistic promises of widespread debt cancellation that this administration cannot fulfill. The federal report indicated that 30% of borrowers\u2014approximately $290 billion in loans\u2014are overdue on payments; around $254 billion is not expected to be repaid due to deferment or forbearance status; meanwhile, about 13.3 million borrowers (40%) are current with their loans totaling $706 billion. According to a release from Foxx\u2019s committee, \u201cTo further discourage repayments after student loan payments resumed last August, the Biden-Harris Department of Education announced that missing payments will not result in penalties or delinquency status for up to a year\u2014a move conveniently timed just before November&#8217;s election.\u201d Borrowers who opt not to pay will still incur interest charges without realizing it may be accruing during this period\u2014a policy they argue violates fiscal responsibility standards while misleading individuals regarding their repayment obligations<\/p>\n","protected":false},"author":1,"featured_media":2324925,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/03\/AP23110739989111-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[6677,22320,8956,4030,32076],"class_list":["post-2324924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-cassidy","tag-foxx","tag-taxpayers","tag-votes","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/03\/AP23110739989111-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2324924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2324924"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2324924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2324925"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2324924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2324924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2324924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}