The entire purpose of a credit report is to give lenders some insight into whether or not a person will pay them back based on past history. It doesn’t matter where a person’s debt originated. In yet another election year stupid scheme, Biden is setting up the next debt bubble and market crash as he blinds lenders to the credit worthiness of their potential customers.

In a sweeping change that could improve millions of Americans’ ability to own a home or buy a car, the Biden administration on Tuesday proposed a rule to ban medical debt from credit reports.

The rule, announced by Vice President Kamala Harris and Consumer Financial Protection Bureau Director Rohit Chopra, comes as President Joe Biden beefs up his efforts to persuade Americans his administration is lowering costs, a chief concern for voters in the upcoming election.