News for hackers. Stuff that matters.

A comment on President Trump says that he’s waiving interest on federal student loans. Parent comment

Re:President Trump says that he’s waiving interest on federa... by jhauris on Saturday March 14, 2020 @12:13AM (#22573132)
The federal government does have to at least make it seem like they are using a constitutional basis for law. Otherwise it could be nullified by a legal challenge, as it seems is happening with the ACA.
[ Parent | on HN ]
Re:President Trump says that he’s waiving interest on federa... by kube-system on Saturday March 14, 2020 @01:09AM (#22573332)
There's always a workaround. Use the 16th amendment: charge a stupidly huge tax for every eviction during the emergency period. Done.
[ Parent | on HN ]
Re:President Trump says that he’s waiving interest on federa... by allovernow on Saturday March 14, 2020 @02:29AM (#22573596)
That's a hard call to make. IIRC income and land taxes were each supposed to be temporary funding solutions for wars and such.

On the other hand Trump had the right idea eliminating bloat but he went about it in the worst way. That way we'd be less likely to end up with more permanent taxes if this drags on.

[ Parent | on HN ]
Re:President Trump says that he’s waiving interest on federa... by Aeolun on Saturday March 14, 2020 @12:16AM (#22573140)
It seems to me that if the federal government requests this, states will follow. Hell, who wants to be the governor that said no if Trump suggests you suspend evictions.
[ Parent | on HN ]