So we should pay for everything for everybody? Funeral homes are not a necessary expense. They are mostly a religious ceremony. Whatever happened to separation of church and state? Literally everybody is going to die. If your family wants to have a lavish funeral they can pay for it themselves. In my opinion, they're a complete waste of money. Not one cent of tax dollars should go towards reimbursing them. As for student debt, if they wanted to defer payments for a year I would be fine with it. Canceling debt is a bailout for those who didn't take their job prospects post-education seriously when they majored in art history. What about everybody who went to school, got a good job, and paid their bills?
For the sake of accuracy, the bill provides that cancelled student debt be non-taxable.
This is definitely a step toward cancelling some student debt.
I don’t understand why middle class people feel the need to attack other middle class people on this issue. When Exxon was the biggest company in the world do you know what they did, they lobbied for more tax credits and got them. There are Fortune 500 companies use all of our public goods, established trade relations and imports but pay $0 in taxes yet certain people need to go after these young people with student debt. Try taking a shot at the big guys before picking on the little guys.