President Trump signed an executive order that helps disabled veterans in a major way.
The action cancels the student debt burden of approximately 25,000 disabled veterans in America.
The President tweeted, “It was my honor to sign a Presidential Memorandum facilitating the cancellation of student loan debt for 25K of our most severely disabled Veterans. With today’s order, we express the everlasting love & loyalty of a truly grateful Nation. God bless our Vets, & God Bless America!”
It was my honor to sign a Presidential Memorandum facilitating the cancellation of student loan debt for 25K of our most severely disabled Veterans. With today’s order, we express the everlasting love & loyalty of a truly grateful Nation. God bless our Vets, & God Bless America! pic.twitter.com/MMMsX3RDQM
— Donald J. Trump (@realDonaldTrump) August 22, 2019
President Trump has been a long-time advocate of taking care of our troops and it shows. He’s done so much for them over the past couple years and is still fighting for them now since they fought for him and for us.
Fox News reported, the order, which Trump signed following a speech at the American Veterans National Convention in Louisville, Ky., also clears those eligible veterans from having to pay any federal income tax on the loans. Trump added that he is pressuring individual states to follow suit.
“The debt of these disabled veterans will be completely erased,” Trump said. “That’s hundreds of millions of dollars of student loans debt for our disabled veterans that will be completely erased.”
This will actually eliminate $30,000 in debt per person on average for more than 25,000 eligible veterans. Trump called them incredible people who have made the ultimate sacrifice, in many ways, for our nation, and that’s exactly what they are.
According to Yahoo,
“It’s gone forever,” Trump said.
Trump also used his appearance to highlight steps the administration has taken to bolster the military, including increased spending and new equipment. He also discussed the administration’s commitment to veterans, including helping them access health care, reducing opioid addiction and minimizing suicide among those no longer in uniform.
Trump said the administration is “determined to do everything in our power” to end suicide among veterans. About 20 veterans end their lives every day.
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