Student loan debt and state budget proposal
The state budget is laden with politics these days, and the 2022 U.S. Senate race is also getting the attention of PolitiFact Wisconsin.
Student loan debt is expected to be an issue in the race for the US Senate next year. Outagamie County executive Tom Nelson, Democratic presidential candidate, tweeted about it while trying to argue the wealth gap.
“He made a claim in a tweet that since 2010 student loan debt has increased 102%. So that has more than doubled,” said Greg Borowski of the Milwaukee Journal Sentinel. “At the same time, real wages, what people are paid and their incomes, have fallen by 8%.”
PolitiFact Wisconsin says Nelson missed the comparison. He’s right about student debt, it has more than doubled over the past decade to a total of $ 1.7 trillion.
“But it’s a long way off on the wages side. Wages haven’t gone down – they’ve actually gone up when you control inflation. They’ve gone up about 11.5% over that 10-year period,” Borowski said.
Rated PolitiFact Wisconsin this tweet deleted since, Half true.
Assembly Republicans are rewriting the budget proposed by Governor Tony Evers.
“We looked at a claim by Assembly Republicans in Madison touting that they had already taken more than $ 8 billion in spending from the budget proposed by Governor Tony Evers,” Borowski said.
PolitiFact Wisconsin says hold on, needs some clarification. The Republicans in the Assembly have withdrawn some expenses from the budget, but also sources of income.
In addition, the state budget is still a work in progress.
“They’re touting it as big savings, but those savings aren’t really there yet because they’re going to put some of their own priorities back into the budget, which will also increase spending,” Borowski said.
PolitiFact Wisconsin rated this rather true statement.
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