Krishnamoorthi calls Biden’s handouts to the wealthy a “good idea”

Raja Krishnamoorthi says “in principle” the Biden Administration’s student loan handout is a “good idea,” but Democrat economist Larry Summers said it will make inflation worse and former Obama economic advisor Jason Furman called it “inflationary” and “reckless.”

And a local report noted that Illinois’ 8th District has many “blue-collar voters who didn’t go to college and may resent being excluded from the debt relief plan.”

NRCC Comment: “Illinois voters are facing record-high inflation in an economic recession, yet Raja Krishnamoorthi still wants to make blue-collar workers who didn’t go to college pay off the student loans of Harvard grads and white-collar lawyers.” – NRCC Spokeswoman Courtney Parella