White House Press Briefing On Wednesday, Karine Jean-Pierre held a White House press briefing after President Biden announced his plan to cancel student loan debt for millions of Americans. Many Republicans are dismayed by this announcement. Fox News correspondent Peter Doocy continuously asked Jean Pierre how the country could afford such a massive handout and who would pay for it. Jean-Pierre shot down Doocy's line of questioning, reaffirming that the binding administration is forgiving loans responsibly. The press secretary defended the relief plan by claiming Biden has already reduced the deficit by 1.7 trillion dollars and that the inflation production act will add another 300 billion. Peter Doocy: How can the country afford such a massive handout? Karine Jean-Pierre said: I'm happy to have this discussion, If you look at what this president has done if you look at the end of this coming and the end of the fiscal year, 1.7 trillion dollars that we have deduced to bring
United States Hub: Bringing you news breaks & exclusive political content.