President Joe Biden’s controversial $400 billion student loan forgiveness program managed to survive a procedural challenge in the House, leaving Republicans frustrated in their attempts to overturn the president’s veto of a bill aimed at terminating the program.
In May, the House passed a resolution to end what Republicans deem an illegal move by Biden to forgive billions in student loans, transferring the burden onto hardworking taxpayers. The resolution also gained approval in the Senate, but Biden swiftly vetoed it in June.
Yesterday, the House made a final push to override the veto but fell short of the necessary two-thirds majority. Despite two Democrats voting against their party’s stance, Democrats united to protect Biden’s veto, leaving Republicans unable to advance their cause.
Rep. Bobby Scott, a Democrat from Virginia, argued that Biden’s plan would provide “loan relief” to 43 million eligible Americans, particularly those from low-income backgrounds who require such assistance. However, Rep. Virginia Foxx, a Republican from North Carolina, contended that the program unfairly transfers this debt burden to taxpayers.
Foxx stated, “President Biden’s radical plan to cancel up to $20,000 in student debt via executive fiat is deceptive and disingenuous. The American people are not fooled by the talking points on student loans that the left has been force-feeding them.”
While the House vote ended Republicans’ attempt to terminate the loan program, the Supreme Court’s ruling on an upcoming case may have the final say, expected to be delivered soon.
The resolution was drafted under the Congressional Review Act, granting Congress the authority to overturn recent executive branch decisions.
The House passed the resolution in May with a margin of 218-203, and the Senate vote followed with a 52-46 outcome, falling short of the required majority to override Biden’s veto.
In defense of his veto, Biden cited the impact of the COVID-19 pandemic on families and the need to provide relief. He proposed up to $20,000 in debt forgiveness to help more than 40 million hardworking Americans recover from the economic strains caused by the pandemic.
Although the pandemic has waned, Biden and fellow Democrats argue that relief is still necessary. Biden condemned lawmakers who opposed the program, highlighting their own forgiveness of tens of thousands of dollars in business loans from the federal government.
The battle over student loan forgiveness continues, with the Supreme Court potentially influencing the outcome. As the fight for the American taxpayer and the future of higher education rages on, stay tuned for updates on this critical issue.
Source Fox News
