Shannon Pettypiece

speaker

192 appearances 3 recordings 1 series first heard Jul 2026 last heard 4d ago

Shannon Pettypiece’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 2.

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Here's the Scoop · President Trump’s Personal Billion-Dollar Boom; “One Big Beautiful Bill” One Year On · 1 Jul 2026 podcast

So student loan borrowers are going to either find themselves having to go out to a

Other private financiers maybe go to a bank where they can't get the same lending terms.

Or in some cases, people are talking, especially on social media, about maybe rethinking what path they want to take or whether it's even viable to get that advanced degree.

Now, the advocates of this have said they need to put some cap on...

borrowing because the universities are just increasing tuition, increasing tuition.

They sort of like have this all-you-can-eat buffet of debt that people can borrow.

Again, time will only tell whether this cap can bring down the cost.

But in the interim, we do know one thing is that tuition is still what it is, and borrowers are only going to be able to take out a certain amount.

And for a number of people, those two numbers aren't going to equal each other.

Right.

Yeah.

I mean, it's just the way they paired these two elements together, these spending cuts that are for programs that serve the poorest Americans and these tax cuts, which include

An extension of these 2017 tax cuts, which were heavily weighted towards wealthier Americans and businesses, as well as adding in some middle class tax cuts.

But when you look at the tax cuts as a whole, they do disproportionately benefit wealthier households.

Even when you include things like no tax on tips, no tax on overtime, no tax on Social Security, the wealthier households,

individuals in America who, you know, are benefiting from everything from a lower tax rate to things like an extension and an expansion of the inheritance tax.

So the tax exemption for multi-million dollar inheritances.

There are a number of advocates out there for lower income households who look at those benefits and see what's happening to the lower income households and characterize that as one of the biggest transfers in wealth we have seen in history.

Yep, they're temporary.

They expire at the end of the president's term.

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