Q: no student loan plan B? repayments? A: debt relief a benefit to the economy

#shorts On 6/27/2023, a reporter asked White House Deputy Press Secretary Olivia Dalton, “I know the administration has said over and over that you’re confident in your legal — in your legal argument before the Justices, but does that mean you have no plan B in case this is struck down? What is your alternative if the Justices don’t rule the way that you want a rule?

MS. DALTON: we have been very confident in the legal argument that the Solicitor General put before — argued before the Supreme Court …

Reporter: … the repayments will resume shortly. And I’m wondering if the administration has done any sort of research or has any projections on what kind of a drag that would be on consumer spending and subsequently the economy?

MS. DALTON: … about the idea of Bidenomics — the idea that we grow the economy by growing the middle class, that we grow the economy by empowering and educating workers, by giving low and — you know, growing from the bottom up and the middle out here. And certainly, the student debt relief program fits into that idea … buy a home or save for, you know, their — their kids’ college education. These are the kinds of things that we think will have a significant impact and a benefit to the economy over the long term.

Reporter: Sure, but if on the repayments, when you’re actual- — wouldn’t they have less money to spend? I mean, does that concern the administration at all about the impact that would have on consumer spending?

MS. DALTON: Again, I’m not going to get into hypotheticals about what the potential outcome of the Supreme Court decision might be.

other clips of this published longer video is here: <a href=“https://youtu.be/tjOpcdZWan8\” rel=“nofollow”>https://youtu.be/tjOpcdZWan8

Q: no student loan plan B? repayments? A: debt relief a benefit to the economy