The White House issued a veto threat against a GOP-backed resolution to scrap the administration's student loan forgiveness plan.
Republicans are seeking to overturn the forgiveness program, which is currently tangled up in court, using the Congressional Review Act, which gives Congress the authority to dismantle certain regulations within a set time frame. If President Joe Biden deploys his veto power, it will mark his fourth time doing so.
Liberals celebrated the move with much fanfare. The administration leaned on the 2003 HEROES Act, which bestows executive power to relieve student loan debt in times of national emergency or war — in this case, the COVID-19 pandemic. Biden has been winding down emergency pandemic initiatives.
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