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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublicans introduce bill that would stop Biden from canceling student loan debt
Business Insider via Yahoo NewsStudent loan borrowers eager for broad debt forgiveness will be out of luck if Sen. Mitt Romney has anything to say about it.
The lawmaker from Utah along with several of his Republican colleagues on Wednesday introduced a new bill that would bar the Biden administration from broadly canceling student loan debt a political move the president has been considering since he took office last year.
The Student Loan Accountability Act would prohibit Biden's Education, Justice, and Treasury Departments from taking any action that would cancel or forgive student loan borrowers' outstanding balances or even portions of those balances, according to a Wednesday press release.
The bill would include exemptions for student loan forgiveness, cancelation, and repayment programs that are already in effect, such as the Public Service Loan Forgiveness and Teacher Loan Forgiveness programs.
Republican Sens. Richard Burr of North Carolina, Tim Scott of South Carolina, Bill Cassidy of Louisiana, and Thom Tillis of North Carolina joined Romney in introducing the bill in Congress this week.
The lawmaker from Utah along with several of his Republican colleagues on Wednesday introduced a new bill that would bar the Biden administration from broadly canceling student loan debt a political move the president has been considering since he took office last year.
The Student Loan Accountability Act would prohibit Biden's Education, Justice, and Treasury Departments from taking any action that would cancel or forgive student loan borrowers' outstanding balances or even portions of those balances, according to a Wednesday press release.
The bill would include exemptions for student loan forgiveness, cancelation, and repayment programs that are already in effect, such as the Public Service Loan Forgiveness and Teacher Loan Forgiveness programs.
Republican Sens. Richard Burr of North Carolina, Tim Scott of South Carolina, Bill Cassidy of Louisiana, and Thom Tillis of North Carolina joined Romney in introducing the bill in Congress this week.
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Republicans introduce bill that would stop Biden from canceling student loan debt (Original Post)
In It to Win It
May 2022
OP
dlk
(11,578 posts)1. If it helps regular Americans and it's popular, Republicans can't kill it fast enough
They are pathological.
onecaliberal
(32,916 posts)2. It's not reported so they get away with it.
Recursion
(56,582 posts)4. You're underestimating American meanness
They're doing this because blanket forgiveness polls negative.
dlk
(11,578 posts)9. I'm not surprised
n/t
Grins
(7,239 posts)3. Sweet, Mittens! Good luck overriding the veto.
Still an empty suit.
milestogo
(16,829 posts)5. Romney: I'm rich, fuck everyone who isn't.
Wounded Bear
(58,728 posts)6. Of course they did...nt
JoanofArgh
(14,971 posts)7. Biden's not going to cancel student loan debt so I don't
know why theyre bothering . I think he wants to pay off 10, 000 dollars of it but only if colleges reduce tuition fees, which should be a requirement before paying off anything.
smirkymonkey
(63,221 posts)8. Of course they did.
They are hateful, cruel assholes. Don't get me started.