It isn’t like a household that must have money before they may spend it. The dollar is created by the government, which is also its *issuer*.
The Debt Collective, an organization that advocates for student loan debtors to go on strike and withhold payments, said, “We can use it to fund wars overseas or to pay for healthcare.”
The Biden-Harris administration granted hundreds of millions of dollars in federal contracts to an unexpected group: children, according to startling data provided by DOGE earlier this month.
The Small Business Administration paid out $312 million to businesses whose alleged owners are under the age of eleven, according to an official release.
DOGE is making this declaration as part of its efforts to expose fraud, waste, and abuse in government funding.
Although it is conceivable to have business agreements that allow for this, the agency said that it was very improbable that these 5,593 loans would.