The federal government isn’t just borrowing trillions — it’s also lending trillions. And it isn’t very good at either.
The Biden Administration is intent on “forgiving” student loan debt, and it’s a good bet that ballooning federal green energy loans guarantees — will explode in taxpayers’ laps (remember the Solyndra debacle under Obama).
Green subsidies to the tune of some $350 billion are stuffed inside the new “Inflation Reduction Act.” The loans won’t get paid back anytime soon – if ever.