{"id":577759,"date":"2023-06-08T01:18:42","date_gmt":"2023-06-07T22:18:42","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/biden-vetoes-measure-overturning-student-loan-forgiveness-plan\/"},"modified":"2023-06-08T01:18:42","modified_gmt":"2023-06-07T22:18:42","slug":"biden-vetoes-measure-overturning-student-loan-forgiveness-plan","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/biden-vetoes-measure-overturning-student-loan-forgiveness-plan\/","title":{"rendered":"#Biden vetoes measure overturning student loan forgiveness plan"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/05\/Biden_053123_AP_Evan-Vucci.jpg?w=900\" \/><\/p>\n<div>\n<p>President Biden has vetoed a measure that would have overturned his student debt relief plan, leaving the fate of the program in the hands of the Supreme Court.<\/p>\n<p>\u201cCongressional Republicans led an effort to pass a bill blocking my Administration\u2019s plan to provide up to $20,000 in student debt relief to working and middle class Americans,\u201d Biden said in a tweet Wednesday. \u201cI won\u2019t back down on helping hardworking folks.\u201d<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>\u201cLet me make something really clear, I\u2019m never going to apologize for helping working- and middle-class Americans as they recover from this pandemic, never,\u201d Biden said.<\/p>\n<p>The president\u2019s proposal, which has been a target of Republicans since he first unveiled it, would impact 40 million borrowers, providing $10,000 in loan forgiveness to those making less than $125,000 annually and $20,000 in forgiveness for Pell Grants recipients.<\/p>\n<p>A two-thirds majority vote in both the House and the Senate would be required to override Biden\u2019s veto, a threshold opponents of Biden\u2019s effort cannot reach. <\/p>\n<p>In a statement Wednesday, Biden said he vetoed the solution because he is \u201ccommitted to continuing to make college affordable and providing this critical relief to borrowers as they work to recover from a once-in-a-century pandemic.\u201d<\/p>\n<p>The measure to block the plan\u00a0passed the Senate\u00a0this month in a 52-46 vote and cleared the GOP-majority House in a party-line vote, with two Democrats joining Republicans.<\/p>\n<p>In the Senate, Democratic Sens. Jon Tester (Mont.) and Joe Manchin (W.Va.) and Independent Sen. Kyrsten Sinema (Ariz.) joined Republicans in voting to nix Biden\u2019s proposal. <\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>The measure was brought up as a joint resolution under the Congressional Review Act (CRA), which allows Congress to nullify newly-placed rules and regulations. Such measures are not subject to the filibuster, so Democrats in the Senate could not block the measure, and a supermajority of 60 votes was not required to advance it.<\/p>\n<p>The Supreme Court is still considering the plan, but the conservative majority is expected to strike it down. Justices displayed skepticism during February oral arguments that the Biden administration has the power to forgive up to $20,000 in student loans.\u00a0<\/p>\n<p>Biden officially\u00a0announced the plan in August,\u00a0after making forgiving student debt a campaign promise and feeling pressure from progressives to act. <\/p>\n<aside class=\"ad-unit ad-unit--mr3_ab\"><\/aside>\n<p>While progressives hailed the plan as a good first step toward forgiveness, moderate Democrats and Republicans voiced concerns over the cost to taxpayers, which is expected to be about $400 billion.<\/p>\n<p>When the president announced his plan, he also announced the upcoming end to the pandemic-era student loan payment pause that was put in place in March 2020 under former President Trump and has since been extended several times.<\/p>\n<p>The resumption of payments\u00a0was locked in\u00a0with the passage of the bipartisan debt ceiling agreement, which included a hard cutoff date of 60 days after June 30. <\/p>\n<aside class=\"ad-unit ad-unit--mr4_ab\"><\/aside>\n<p><em>Updated at 6:18 p.m. EDT.<\/em><\/p>\n<\/div>\n<p>Copyright 2023 Nexstar <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/homenews\/administration\/4031775-biden-vetoes-measure-overturning-student-loan-forgiveness-plan\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Biden has vetoed a measure that would have overturned his student debt relief plan, leaving the fate of the program in the hands of the Supreme Court. \u201cCongressional Republicans led an effort to pass a bill blocking my Administration\u2019s plan to provide up to $20,000 in student debt relief to working and middle class&#8230;<\/p>\n","protected":false},"author":1,"featured_media":577760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/05\/Biden_053123_AP_Evan-Vucci.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[134344,134343,134353,90482,991,89017,137265,112997,23261,12178,71404],"class_list":["post-577759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-administration","tag-campaign","tag-court-battles","tag-house","tag-joe-biden","tag-joe-manchin","tag-jon-tester","tag-kyrsten-sinema","tag-lgbtq","tag-student-loan-forgiveness","tag-supreme-court"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/577759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=577759"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/577759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/577760"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=577759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=577759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=577759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}