evidence: Joe Biden stated on January 20, 2023 in a speech at the White House: "One quarter" of today’s $31.4 trillion federal debt "was accumulated in the four years of my predecessor," Donald Trump. Joe Biden stated on September 18, 2022 in an interview with CBS' "60 Minutes": "This year, it's going to be over $1.5 trillion (that we’ve) reduced the debt." Glenn Grothman stated on May 21, 2022 in Newsletter: "Nearly 60% of all student loan debt is held by the rich and upper-middle class," so forgiveness would give the wealthy a "financial windfall" but not really help low-income people. Joe Biden stated on May 10, 2022 in remarks at the White House: "My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor." Abby Finkenauer stated on December 9, 2021 in a tweet: Chuck Grassley was "voting to slash Medicare" when voting against the debt ceiling bill. Joe Biden stated on October 4, 2021 in a speech: "Raising the debt limit is usually a bipartisan undertaking." Nikki Haley stated on June 28, 2021 in a Facebook post: "The national debt is now bigger than our economy. [...] Joe Biden stated on January 20, 2023 in a speech at the White House: "One quarter" of today’s $31.4 trillion federal debt "was accumulated in the four years of my predecessor," Donald Trump.