Bernie Sanders proposes forgiving the student debt of 45 million Americans

CNBC | 6/24/2019 | Staff
MysticHeart (Posted by) Level 3
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Sanders is introducing the legislation with Rep. Ilhan Omar, D-Minn., and Rep. Pramila Jayapal, D-Wash., the co-chairwomen of the Congressional Progressive Caucus.

The $2.2 trillion plan would be paid for by a new tax on financial transactions, including a 0.5 percent tax on stock transactions and a 0.1 percent tax on bonds. That levy would raise up to $2.4 trillion over the next decade, according to the senator’s office.

Critics - Sanders - Warren - Plan - Borrowers

Critics say Sanders and Warren’s plan is too expensive and fails to target borrowers who most need relief. The top quarter of American...
(Excerpt) Read more at: CNBC
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