It’s obvious Democratic presidential candidate Elizabeth Warren is desperate to regain her top spot in the crowded field of 19 blue candidates. She’s pulling out all the stops. First, it was reparations, and now it’s free college and debt forgiveness.
But conservative Rep. Dan Crenshaw (R-Tx.) just decimated the free money promise she’s hoping will get her elected. And he did it with one, simple tweet.
On Monday, Warren released her sweeping plan to cancel the student debt that millions of Americans have and guarantee free tuition for any public college or university, according to CNN.
How does she plan to pay for this monstrosity? By soaking the rich, of course.
She outlined her plan to first wipe out up to $50,000 of debt for every American who lives in a household earning less than $100,000 a year. Those earning more can see at least some debt forgiveness as long as their households still make less than $250,000 a year.
On top of that, Warren is promising free college tuition, free preschool, and free child care in a plan that truly puts the “nanny” in “nanny state.”
Warren says taxpayers can easily pay for the whopping $1.25 trillion (estimated) needed to cover it all by adding a 2 percent tax on people who have wealth above $50 million and a 3% tax on wealth above $1 billion.
But she’s also asking every state to chip in to help cover the cost, which apparently means that everyone who pays state taxes will be forced to fund her plan.
Crenshaw pointed out that on Twitter, “Loan forgiveness for people making up to $250k? This plan effectively asks all Americans, many of whom never got a degree, to give their tax dollars to people who CHOSE to take out a student loan so that they COULD get a job paying $250k a year.”
“Terribly clumsy & unfair policy.”
Conservative thinker Ben Stein also pointed out that Warren’s plan is terribly flawed during an interview he did with Trish Regan of FOX Business.
"There is no free college education. Who'll pay the faculty and buildings and heating of the building and textbooks?” he asked. “Any of this, this is an amount tens of billions of dollars every year.”
Stein added: “It's highly irresponsible — and a U.S. Senator, which is a very high ranking position in this country — to go out and tell young people ‘look, kids, hang on a while, it will be free.’”
“That is wildly irresponsible.”
Conservative commentator Ben Shapiro also ripped into the proposal and pointed out that it’s completely unconstitutional. Watch his comments below: