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Month of September - Top Items (yes, you can make a difference with only 20 minutes per month)
Read the summary below, then take the poll. Results will be communicated to media and politicians.
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Summary - Assault Weapons Ban
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On July 29, the House passed H.R.1808, the Assault Weapons Ban of 2022, which would make it a crime to knowingly “import, sell, manufacture, transfer, or possess a semiautomatic assault weapon (SAW) or large capacity ammunition feeding device (LCAFD)” — with some exemptions.
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- “The bill permits continued possession, sale, or transfer of a grandfathered SAW, which must be securely stored. A licensed gun dealer must conduct a background check prior to the sale or transfer of a grandfathered SAW between private parties.”
- “The bill permits continued possession of, but prohibits sale or transfer of, a grandfathered LCAFD.”
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The bill above that was passed in the House, is expected to fail in the Senate. Recall, a law must be passed in the House and Senate and be signed by the President. The President has made it clear that he would sign this bill.
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Summary - Biden forgiving billions in student loan debt
"The U.S. government will run a $1 trillion deficit this year (US government will spend $1 trillion more than it receives from taxes) and still thinks it prudent to forgive $1 /2 trillion in student loan debt. He is doing it without Congressional approval - he claims he can do it via Executive Order. What message is that sending to young Americans - you can run up debt, and somebody will bail you out someday. It would be like one of us hard working Americans, charging more debt on our credit card than we make each year and then borrowing even more to forgive a friend's loan. You cannot be more irresponsible. V. Couch"
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In one of the most audacious acts of his presidency, President Biden recently issued a fact sheet offering “Student Loan Relief for Borrowers Who Need It Most.” To Biden, that group consists of all individuals who have received student loans but have not yet paid them off, with an exception for loan payments made during the pandemic. The president wants to give this group “breathing room as they prepare to start repaying loans after the economic crisis brought on by the pandemic.” The terms of the proposed loan forgiveness program are clear: the Department of Education will allow for $20,000 in debt relief to Pell Grant recipients—undergraduates with exceptional financial needs—and $10,000 for other students, so long as their individual income is under $125,000 per year (or $250,000 for a married couple). The plan also makes a number of technical adjustments that cut repayment rates for future loans.
The equity of this program has been under fierce attack for forcing the impending financial shortfall on the shoulders of individuals who have already repaid their loans, blue-collar workers who never took out loans, and the general taxpayer who already faces heavy rates. And the burden is no small thing: the Wharton financial model projects that the cancellation program will cost over $500 billion, and could jump to over a trillion dollars depending on future regulations and practices on both existing and new loans.
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Vote now.
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