The U.S. Department of Education has taken aim at the House Republican budget proposal in a recent press release.
House Republicans narrowly passed a bill to raise the debt ceiling; however, the bill included massive cuts, making it highly unlikely to pass the Democrat-controlled Senate. Critics say that the Republican proposal would cut too many crucial programs. Count the U.S. Department of Education among those critics.
“Congressional Republicans are holding the nation’s full faith and credit hostage in an effort to impose devastating cutbacks that would hurt children and undermine education, raise costs for hardworking families, and set back economic growth,” said the department in a statement posted on their website. “And they are demanding these slashes while separately advancing proposals to add over $3 trillion to deficits through tax giveaways skewed to the wealthy and big corporations.”
The release specifically cites low-income students and students with disabilities as the biggest losers in the current Republican proposal. Perhaps most notably, the GOP plan would completely cancel President Biden’s student debt relief plan.
The debt ceiling is a legal limit set by Congress on how much money the government can borrow to fund its activities and pay its obligations. The debt ceiling is set by legislation and must be periodically raised or suspended to allow the government to continue borrowing money. If the U.S. does not raise the debt limit, the U.S. could default on its obligations.