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Old 08-21-2019, 09:20 PM   #1 (permalink)
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So... this deserves some props.

I may not give the guy a lot of credit, but this definitely deserves some credit.

Trump waives all student debt to disabled vets, no federal tax due either.

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https://www.yahoo.com/finance/news/t...165535103.html

Trump signs student debt forgiveness for disabled veterans
DARLENE SUPERVILLE,Associated Press 6 hours ago

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President Donald Trump greets AMVETS national commander Rege Riley at the American Veterans (AMVETS) 75th National Convention in Louisville, Ky., Wednesday, Aug. 21, 2019. (AP Photo/Susan Walsh)
LOUISVILLE, Ky. (AP) ó Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday.
Trump ordered the Education Department to "eliminate every penny of federal student loan debt" owed by American veterans who are completely and permanently disabled.
Trump said they won't have to pay federal income tax on the forgiven debt and called on states to waive their taxes on the loans, too.
America, he said, owes its heroes "a supreme debt of gratitude."
Trump's announcement at the AMVETS national convention in Louisville elicited a loud round of applause from the crowd of more than 2,500 veterans. He signed the directive after addressing the gathering.
Only about half of the roughly 50,000 disabled veterans who qualify to have their federal student loan debt forgiven have received the benefit, and the administration blames a "burdensome" application process.
The document directs the government to develop an expedited process so veterans can have the debt discharged "with minimal burdens."
The action will wipe out an average of $30,000 in debt owed by more than 25,000 eligible veterans, Trump said, calling them "incredible people" who have made "the ultimate sacrifice, in many ways, for our nation."
"It's gone forever," Trump said.
Trump also used his appearance to highlight steps the administration has taken to bolster the military, including increased spending and new equipment. He also discussed the administration's commitment to veterans, including helping them access health care, reducing opioid addiction and minimizing suicide among those no longer in uniform.
Trump said the administration is "determined to do everything in our power" to end suicide among veterans. About 20 veterans end their lives every day.
Trump promoted the drug Spravato, a new Johnson & Johnson nasal spray approved for treatment-resistant depression. He said he had instructed his administration to get as much of the drug as possible from the New Jersey-based consumer products company.
Trump said Johnson & Johnson has done so well and "made so much money" that they "should give it to us for free."
Johnson & Johnson said in a statement that it is having discussions with the Department of Veterans Affairs and other payers to ensure "affordable access" to Spravato for its use in patients with treatment-resistant depression. The drug is sold to the federal government at discounted prices, the company said.
After the speech, Trump went to a nearby hotel to headline a fundraiser for Republican Gov. Matt Bevin, who is seeking reelection against Democratic state Attorney General Andy Beshear in what's shaping up to be a close November election.
Bevin, who plays up his ties to Trump in pitching for a second term, quickly boarded Air Force One after it landed in Louisville so he could be photographed accompanying Trump off the presidential aircraft.
Trump recently promised to hold a campaign rally for Bevin and said Wednesday that Bevin "has been a truly great governor." Trump's reelection campaign has not announced a date for a Kentucky rally.
Trump also spoke glowingly of Senate Majority Leader Mitch McConnell, praising "exceptional work" by the Kentucky Republican in getting the GOP-controlled Senate to confirm scores of Trump's conservative nominees to federal judgeships.
McConnell is seeking reelection next year to a seventh Senate term and is facing a stiff challenge from Democrat Amy McGrath.
Trump said he'd return to Kentucky to bolster both candidates.
"I'll be here campaigning for Mitch and I'll be here campaigning for Matt, and we're going to get them both back in," Trump said.
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Old 08-21-2019, 09:29 PM   #2 (permalink)
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I am conflicted on this. He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt. They were veterans/citizens that suffered for their country and thatís with the conflict comes in. If you take out a loan, you should pay it back.
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Old 08-21-2019, 09:31 PM   #3 (permalink)
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In the big picture this is a drop in the bucket as far as money goes, but the skeptic in me sees this as grandstanding by Trump and wrapping himself in the flag. I doubt this was his idea, but once he figured out that it was OPM he was all in.
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Old 08-21-2019, 09:35 PM   #4 (permalink)
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He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt. If you take out a loan, you should pay it back.
Yes

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In the big picture this is a drop in the bucket as far as money goes, but the skeptic in me sees this as grandstanding by Trump and wrapping himself in the flag.
and yes
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Old 08-21-2019, 09:37 PM   #5 (permalink)
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If it was genuine or not, I guess doesn't really matter to me... If it aids disabled vets in any way, I am for it. They gave much so we could enjoy the freedoms we still have. It's a concept I don't mind some tax dollars going towards. And it's far better than what much of our tax revenue funds.
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Old 08-21-2019, 09:46 PM   #6 (permalink)
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If it was genuine or not, I guess doesn't really matter to me... If it aids disabled vets in any way, I am for it. They gave much so we could enjoy the freedoms we still have. It's a concept I don't mind some tax dollars going towards. And it's far better than what much of our tax revenue funds.
Agree with that. A good use of public funds is VA, but an even better use is to not get involved with those protracted wars. Go in kick some ass, and leave a business card behind that says, "You do this shit again and we'll be back".
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Old 08-21-2019, 09:58 PM   #7 (permalink)
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I am conflicted on this. He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt. They were veterans/citizens that suffered for their country and thatís with the conflict comes in. If you take out a loan, you should pay it back.

i agree with you 100%

this article or another one that i read earlier, said that these were all loans that were already eligible for forgiveness under existing policy. trump basically just cut through all the red tape to get these done. the majority of them had not applied for forgiveness or relief.

basically, working public service or whatever for x number of years can result in forgiveness and is well known.

so while i agree fully that the perception it sets that "the government will forgive your loans on a whim" is terrible, the reality that "the government will sometimes follow through with what it says" isn't as bad.

i'm still negative on it overall though. i don't think teachers should get forgiveness either
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Old 08-21-2019, 10:03 PM   #8 (permalink)
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My Take... It's a win in my book.
I am not going to split hairs on this; but I could have been classified as a disabled vet due to hearing loss. Yeah I worked in and around helicopters (SH3-D) for my Navy carrier. But I personally attributed most of my hearing loss to loud rock music (Fuck you Led Zeppelin) If I was classified disabled; I could have taken advantage of the VA's prescription plan (fucking free drugs) vs. Medicare's doughnut holes.
But I do remember tons of predators willing to take advantage of the G.I bill. Shit schooling and tons of debt.
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Old 08-21-2019, 10:26 PM   #9 (permalink)
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$750,000,000 is a drop in the bucket. I think the VA or defense department should have it pulled from their budget. Maybe Bezos can write a check.
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Old 08-21-2019, 10:29 PM   #10 (permalink)
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Agree with that. A good use of public funds is VA, but an even better use is to not get involved with those protracted wars. Go in kick some ass, and leave a business card behind that says, "You do this shit again and we'll be back".
Also agree with that.
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Old 08-21-2019, 10:33 PM   #11 (permalink)
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If you are disabled, cant you get the loan forgiven anyways? I know it's a process but he just cut to the chase and did it. Then again, look at all the support States are giving to illegals, including free education. I worked my ass off and still have student loan debt I'm paying, even though it's not much. Illegals, just give it to them.
I'm much more concerned with Chase Bank forgiving the credit debt of the syrup suckers and not Americans. WTF!
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Old 08-21-2019, 11:44 PM   #12 (permalink)
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Old 08-22-2019, 04:06 AM   #13 (permalink)
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I think the disabled vet deserves this more than the purple haired liberal arts major who makes my coffee (incorrectly)each morning.

Hopefully this just pisses off the liberals.
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Old 08-22-2019, 04:52 AM   #14 (permalink)
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It’s a way better use of $ than food stamps for free healthcare for lazy deadbeats.

I don’t have a problem with it.
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Old 08-22-2019, 05:09 AM   #15 (permalink)
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Originally Posted by Roc Doc View Post
Agree with that. A good use of public funds is VA, but an even better use is to not get involved with those protracted wars. Go in kick some ass, and leave a business card behind that says, "You do this shit again and we'll be back".
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$750,000,000 is a drop in the bucket. I think the VA or defense department should have it pulled from their budget. Maybe Bezos can write a check.
Yes and yes.

Order 3 fewer airplanes next year and we're good to go.
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Old 08-22-2019, 05:09 AM   #16 (permalink)
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I am conflicted on this. He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt. They were veterans/citizens that suffered for their country and thatís with the conflict comes in. If you take out a loan, you should pay it back.
All trump is doing is cutting the red tape for disabled vets to get their student loans paid for. Thereís already a program in place for this but itís full of typical gooberment red tape to get it done and a lot of vets donít do it or give up trying.
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Old 08-22-2019, 05:14 AM   #17 (permalink)
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Federal government should not be in the student loan business at all.

That said, I have no problem with education subsidies as a job benefit for veterans.

Forgiving student loans for veterans opens the door to expanding "forgiveness" across the board. Fawk that.
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Old 08-22-2019, 05:33 AM   #18 (permalink)
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Federal government should not be in the student loan business at all.

That said, I have no problem with education subsidies as a job benefit for veterans.

Forgiving student loans for veterans opens the door to expanding "forgiveness" across the board. Fawk that.
Iíve no problem what so ever about forgiving disabled vets student loans. Imo they paid for their loan via being permanently injured for life doing what they were assigned to do in the military. 180* from some clown living in their parents basement still expecting a hand out for the rest of their lives. These disabled vets are limited on what jobs they can hold also and given the chance to go to work and earn a living instead of living on the gooberment tit rest of their life, Iím for it.
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Old 08-22-2019, 08:21 AM   #19 (permalink)
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Federal government should not be in the student loan business at all.

That said, I have no problem with education subsidies as a job benefit for veterans.

Forgiving student loans for veterans opens the door to expanding "forgiveness" across the board. Fawk that.
This. I think the universities themselves should be financing the loans for the students. Once loans are paid, degrees are awarded. This no-collateral BS is paving the way for millions of deadbeats to default on their loans. Companies should require applicants to take some sort of aptitude test to prove they know the material rather than requiring a degree. At least this way they can get jobs and start paying back the loans.
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Old 08-22-2019, 08:58 AM   #20 (permalink)
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I am conflicted on this. He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt. They were veterans/citizens that suffered for their country and thatís with the conflict comes in. If you take out a loan, you should pay it back.
He's creating his own kind of identity politics... Question this, and you're now anti-veteran, pro-veteran-death, etc...

It's $1B, roughly. Drop in the bucket, for sure... but drops add up. And we're already $22T in debt... so who's paying for this?
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Old 08-22-2019, 09:45 AM   #21 (permalink)
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He's creating his own kind of identity politics... Question this, and you're now anti-veteran, pro-veteran-death, etc...

It's $1B, roughly. Drop in the bucket, for sure... but drops add up. And we're already $22T in debt... so who's paying for this?

yup, again this is funded through whatever backwoods route the government uses when it budgets pots of money. this pot of money was very likely being under utilized, so they identified a bunch of folks and cut out the process for them.

that said, there is a serious debt problem that nobody wants to even think about and it is astonishing. doing this, and the follow on publicity, blows the door well open to "if he did it for them, we should do it for us" type of nonsense.
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Old 08-22-2019, 10:01 AM   #22 (permalink)
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I am conflicted on this. He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt. They were veterans/citizens that suffered for their country and thatís with the conflict comes in. If you take out a loan, you should pay it back.
They are the ones that ARE willing to pay it back. Its the loafers and leftists with liberal Arts degrees that have no job, and not paying anything.

Maybe a incentive to those that are paying. A kind of make all 12 payments (yearly( we would cover the 13th. Its not much, but after the life time of the loan it might be a big chunk. Just and idea, and might make paying it abetter option.
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Old 08-22-2019, 10:54 AM   #23 (permalink)
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I am conflicted on this. He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt. They were veterans/citizens that suffered for their country and thatís with the conflict comes in. If you take out a loan, you should pay it back.
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In the big picture this is a drop in the bucket as far as money goes, but the skeptic in me sees this as grandstanding by Trump and wrapping himself in the flag. I doubt this was his idea, but once he figured out that it was OPM he was all in.
Can you imagine hating trump so much you hate when he helps disabled veterans?
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Old 08-22-2019, 12:52 PM   #24 (permalink)
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It sets a precedence that you can wipe out debt with a pen.

The next Democrat who is moved towards "reparations" will do the same thing to any minority with a claim to "40 acres and a mule."

I have witnessed people get student loan money and head straight to Best Buy to use it to purchase the latest gaming system and the biggest TV.

The fact they have the GI bill and took on this other debt, I'm not as onboard.
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Old 08-22-2019, 01:43 PM   #25 (permalink)
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He is waving a bunch of debt and putting it on the taxpayers, for people who willingly took on that debt.
They are the reasons that there is Americans to pay taxes. without their service, there would be no American taxpayers. we would probably be speaking German, or Japanese, or bomb wire.
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