Most of the recent public discussions of debt cancellation have dealt with Joe Biden’s seemingly endless efforts to “erase” student debt. In Connecticut, Democratic Governor Ted Lamont appears to be taking a page from the Biden playbook and applying it to a different type of debt. He announced this week that the state would be “erasing” medical debt for qualifying residents. Recipients of this relief will not have to apply for any sort of program as the debt would be “automatically” paid by a contracted nonprofit agency. To be eligible, residents would need to earn less than 400% of the federal poverty line or hold debt totaling more than 5% of their annual household income. But who will be funding all of this generosity and why should this specific type of debt be forgiven? (NY Post)
Connecticut will cancel medical debt for all eligible residents, its governor…
