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Because Federal tax revenue is never recycled to fund federal government expenditures, the Federal government can order the Federal Reserve to pay the $1.3 trillion in student loan debt without costing taxpayers a single dime. Bernanke issued by computer key stroke, $13-$29 trillion to bailout banks, auto and other industries. It can do the same for student loan debt.

Submitted by Potomac Oracle in Taxes & Budget Jan. 1, 2015, 3:43 p.m.
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343 votes
Citation: http://www.forgivestudentloandebt.com/content/proposal

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