While many have come to see the Biden regime as a thinly veiled puppet show managed by Democratic Party elites, it’s become clear that in reality, there are a number of factions competing for control.
In just the latest sign of cracks in the edifice, Vice President Kamala Harris is coming under fire for promoting student loan relief — from a former economic adviser to Barack Obama.
Harris under fire
According to The Daily Wire, Harris was pressed on Biden’s campaign pledge to wipe student loan debt during a wide-ranging interview with CBS’s Face the Nation.
The vice president agreed with Alexandria Ocasio-Cortez (D-NY) that Democrats must do more to “creatively” relieve the “pressure” of student loan debt.
“Well, I think that we have to continue to do what we’re doing and figure out how we can creatively relieve the pressure that students are feeling because of their student loan debt. Yes,” she said, as The Daily Wire reported.
Harris’ comments come as former Obama adviser Larry Summers described Biden’s decision to extend a moratorium on loan payments until May as “highly regressive” policy that will likely benefit wealthier families and credit card companies while driving up inflation, which is already at decade highs.
“The student debt relief is highly regressive as higher income families are more likely to borrow and to borrow more than lower income families,” he wrote in a series of tweets. “Relief also promotes spending in the near term when the economy is clearly supply constrained thereby contrbuting to inflation pressures.”
White House remains non-committal
Summers’ assessment is at odds with that of Harris, who portrayed the debt burden as overwhelmingly affecting young people struggling to buy homes.
“Students across — well graduates and former students across our country are literally making decisions about whether they can have a family, whether they can buy a home,” she said, according to The Daily Wire. “And it’s no small matter, and we need to figure out a way to relieve debt.”
Biden’s failure to keep his promise to forgive $10,000 in student loan debt has been received by his base as a critical betrayal.
And Harris’ non-committal response on the question, while sympathetic, is in keeping with the general hands-off tone from Biden.
Meanwhile, the vice president has been said to be on the outs with Biden, whose advanced age has prompted speculation of an early retirement before 2024, as Harris’ own deep unpopularity has left many Democrats uncertain of who may lead the party in the future.