A double paper piece absorbing and releasing mechanism for a pasted handle type paper cup forming machine comprises an absorbing and releasing structure and a stacking structure. A cam rocker drive mechanism is connected with a connecting rod to form the absorbing and releasing structure, the connecting rod is movably connected upwards with a sliding plate, rollers and pins, the sliding plate is sequentially connected upwards with a pipe seat, suction pipes and suction nozzles, and a paper frame plate is arranged above the suction nozzles. The stacking structure mainly comprises the paper frame plate, a paper frame strip, a support leg, a blowing seat, a blowing pipe, a horizontal shaft, a support rod, a frame leg, paper stoppers, paper blocking rods and the like. The paper blocking rods are arranged on the peripheries of a front opening and a rear opening of the paper frame plate, and each paper blocking rod is used for blocking double paper pieces. The double paper piece absorbing and releasing mechanism has the advantages that the double paper pieces are stacked by the aid of a single paper frame, a single cam rocker drives two groups of suction nozzles to move, a paper cup with a handle can be produced once, the problem that the paper cup is too hot to handle is solved, and the cost burden of secondary manufacture is relieved.