Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Congress Repeals Biden Student Loan Debt Cancellation Plan; Tees up Presidential Veto
US News ^ | 6/01/23 | Lauren Camera

Posted on 06/02/2023 2:46:48 AM PDT by Libloather

The Senate dealt a bipartisan blow to President Joe Biden’s student loan debt cancellation plan on Thursday, voting to support a resolution that blocks it from becoming law and also restarts monthly loan payments that have been paused since the onset of the coronavirus pandemic – the most significant rejection to date of the White House signature higher education policy.

House Republicans adopted the resolution last month, but Biden is set to veto it. The White House warned in a statement of administrative policy that he would veto the measure if it makes it to his desk, saying it would "weaken America's middle class" and amount to “an unprecedented attempt to undercut our historic economic recovery.”

Notably, the bill hasn’t garnered enough support in either chamber to reach the two-thirds majority required to override a presidential veto.

In the Senate, the resolution was adopted 52-46, clearing the simple majority threshold with the help of two Democrats, Sen. Joe Manchin of West Virginia and Sen. Jon Tester of Montana, as well as independent Sen. Kyrsten Sinema of Arizona.

“Today I voted to repeal the Biden Administration’s student loan cancellation proposal because we simply cannot afford to add another $400 billion to the national debt,” Manchin said in a statement. “There are already more than 50 existing student loan repayment and forgiveness programs aimed at attracting individuals to vital service jobs, such as teachers, health care workers and public servants. This Biden proposal undermines these programs and forces hard-working taxpayers who already paid off their loans or did not go to college to shoulder the cost.”

“Instead, we should be focusing on bipartisan student debt reforms that reduce the cost of higher education and help all Americans,” he said.

(Excerpt) Read more at usnews.com ...


TOPICS: Business/Economy; Conspiracy; History; Local News
KEYWORDS: congress; loan; student; veto
I hear Brandon received enough chicom bribe loot to cover it all hisself.
1 posted on 06/02/2023 2:46:48 AM PDT by Libloather
[ Post Reply | Private Reply | View Replies]

To: Libloather

I don’t get it. Why is Congress fooling around with Biden’s giveaway if he Constitutionally doesn’t have the authority to do what he did? It seems to me it’s a huge appropriation issue not within the Executive Branch.


2 posted on 06/02/2023 2:58:41 AM PDT by iontheball
[ Post Reply | Private Reply | To 1 | View Replies]

To: iontheball

WTF is congress doing?? There is no law in place to repeal.


3 posted on 06/02/2023 3:04:18 AM PDT by Roklok
[ Post Reply | Private Reply | To 2 | View Replies]

To: Roklok

It’s all theater.


4 posted on 06/02/2023 3:08:02 AM PDT by paulcissa (Politicians want you unarmed so they can control you.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Libloather

Go for it, Joe. You will not face the consequences of your act, either signing this atrocity into law, or vetoing it, either way leads to disaster.

There is no way out for the American citizens, now.

Very real possibility of a broad balkanization of that territory once known as the “United States of America”.


5 posted on 06/02/2023 3:11:58 AM PDT by alloysteel (Fiction has to be at least plausible, while reality obeys no such constraint.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: iontheball

It’s called optics... look, we did something. Why is the border open? Border policy isn’t broken, failing to follow existing laws is what’s broken.

Government chooses what it wants to do rather than follow the Constitution which it is sworn to protect. They lie to the American people daily and the American people keep electing idiots.


6 posted on 06/02/2023 3:17:17 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: paulcissa

Eggs-acktly!


7 posted on 06/02/2023 3:20:27 AM PDT by kinsman redeemer (The real enemy seeks to devour what is good. )
[ Post Reply | Private Reply | To 4 | View Replies]

To: maddog55

Eggs-acktly!
(with even more detail)


8 posted on 06/02/2023 3:21:14 AM PDT by kinsman redeemer (The real enemy seeks to devour what is good. )
[ Post Reply | Private Reply | To 6 | View Replies]

To: Roklok

“WTF is congress doing?? There is no law in place to repeal.” There is no law however, there is this “presidential edict” issued by an idiot who fancies himself a king. The Senate vote highlights the issue. From there it goes to the USSC where it will (should) be struck down.


9 posted on 06/02/2023 3:49:08 AM PDT by Smber (The smallest minority is the individual. Get the government off my back.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Libloather

Message to court.


10 posted on 06/02/2023 4:54:14 AM PDT by Raycpa
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Low IQ deadbeat Xiden zombies need to pay back their loans. Period.


11 posted on 06/02/2023 5:12:54 AM PDT by Newtoidaho (All I ask of living is to have no chains on me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather
For all of the posturing that politicians love to do regarding alleged "price gouging", they are remarkably silent when it comes to college tuition and the rate at which it has dwarfed inflation.

Why aren't the heads of universities called to testify before congress regarding the astronomical tuitions, especially when many of these colleges have multi-billion dollar endowment funds? Why should the taxpayers be placed on the hook for student loans? The colleges are charging way more for a product that obviously is not worth the price if the students who take these loans are unable to get jobs that allow them to pay back the loans.

If you are 6 figures in debt for a degree in humanities with a minor in "gender studies" , you are setting yourself up for some serious financial pain. If there is no demand in the marketplace for your particular field of study, how do you expect to pay back your loan? Good vibes are not going to do it.

12 posted on 06/02/2023 7:11:50 AM PDT by American Infidel (Instead of vilifying success, try to emulate it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

IF CONGRESS SAYS YOU CAN’T SPEND MONEY FOR THAT. HOW CAN THE PRESIDENT BY VETO SAY I WILL SPEND THE MONEY?


13 posted on 06/02/2023 9:20:23 AM PDT by coalminersson
[ Post Reply | Private Reply | To 1 | View Replies]

To: coalminersson

We’re no longer a republic.

Until that changes Deep State can do whatever it thinks it can get away with.

And that’s a lot.


14 posted on 06/02/2023 9:30:36 AM PDT by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
[ Post Reply | Private Reply | To 13 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson