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Biden vetoes bill to cancel student debt relief
2023-06-08 00:00:00.0     ABC新闻-商业新闻     原网页

       WASHINGTON -- President Joe Biden on Wednesday vetoed legislation that would have canceled his plan to forgive student debt.

       The measure had been pushed by Republicans, but it garnered a handful of Democratic votes in the Senate as well.

       “It is a shame for working families across the country that lawmakers continue to pursue this unprecedented attempt to deny critical relief to millions of their own constituents,” Biden said in a statement when announcing his veto.

       Despite the veto, Biden's plan still isn't secure. The U.S. Supreme Court, which is dominated by a conservative majority, is reviewing a legal challenge that could eliminate the program. A decision is expected this summer.

       If enacted, Biden's plan would forgive up to $20,000 in federal student loan debt for borrowers making less than $125,000 per year.

       Student loan payments were paused at the beginning of the COVID-19 pandemic. However, they will resume in August for anyone whose debt is not wiped out by Biden's plan.

       


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关键词: COVID     President Joe Biden     Biden's plan     forgive     vetoed     student debt    
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