Moderate Democrats are rebuking the president’s signature loan forgiveness effort.
voted in favor of the procedural motion to start debate on the measure.Republicans have nearly uniformly opposed mass student loan forgiveness since Biden last August unveiled his plan to cancel up to $20,000 of debt per borrower.
Under the Congressional Review Act, the fast-track procedure that lawmakers are using to try to stop the student debt relief, the Senate could pass the measure later this week on a simple majority vote.The bill hasn’t attracted enough support in either the House or Senate to comprise the two-thirds majority that would be needed to override a presidential veto.
White House officials fended off Republican efforts to include in the deal a full repeal of Biden’s student debt cancellation plan, to the chagrin of many conservative lawmakers.
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