{"id":1143021,"date":"2021-12-22T17:19:09","date_gmt":"2021-12-22T22:19:09","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1143021"},"modified":"2021-12-22T17:19:12","modified_gmt":"2021-12-22T22:19:12","slug":"joe-biden-reverses-on-student-loan-repayment-after-pressure-from-the-squad","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-reverses-on-student-loan-repayment-after-pressure-from-the-squad\/","title":{"rendered":"Joe Biden Reverses on Student Loan Repayment After Pressure from the Squad"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjoe-biden-reverses-on-student-loan-repayment-after-pressure-from-the-squad%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1143021&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">President Joe Biden on Wednesday reversed last week\u2019s <a href=\"https:\/\/www.breitbart.com\/economy\/2021\/12\/13\/joe-biden-denies-student-loan-payment-extension-payments-to-restart-in-february\/\">reported<\/a> decision to resume student loan payments on February 1 after receiving overwhelming pressure from the far-left.<\/p>\n<p>Despite Biden\u2019s promise to shut down the coronavirus, Biden <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/12\/22\/statement-by-president-joe-biden-extending-the-pause-on-student-loan-repayment-an-additional-90-days\/\">cited<\/a> the chaotic omicron variant as the reason for extending the repayment pause for 90 days.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>\u201cWe know that millions of student loan borrowers are still coping with the impacts of the pandemic and need some more time before resuming payments,\u201d the White House\u2019s statement read.<\/p>\n<p>\u201cGiven these considerations, today my Administration is extending the pause on federal student loan repayments for an additional 90 days \u2014 through May 1, 2022 \u2014 as we manage the ongoing pandemic and further strengthen our economic recovery,\u201d Biden said, admitting omicron has defied his ability to \u201cshut down the virus.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/JoeBiden?ref_src=twsrc%5Etfw\">@JoeBiden<\/a> promised to &#8220;shut down the virus.&#8221;<\/p>\n<p>He FAILED. <a href=\"https:\/\/t.co\/GNd7lzMdDX\">pic.twitter.com\/GNd7lzMdDX<\/a><\/p>\n<p>\u2014 NRCC (@NRCC) <a href=\"https:\/\/twitter.com\/NRCC\/status\/1473304907805515783?ref_src=twsrc%5Etfw\">December 21, 2021<\/a><\/p>\n<\/blockquote>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Breitbart News reported Monday Biden came under heavy fire from members of its own party to extend the debt payments.<\/p>\n<p>Congressional members such as Elizabeth Warren (D-MA)&nbsp;<a href=\"https:\/\/www.breitbart.com\/politics\/2021\/12\/20\/democrats-blast-joe-biden-for-ignoring-student-loan-debt\/\">slammed<\/a> the president for not giving \u201crelief to people who are getting crushed.\u201d<\/p>\n<p>Rep. Alexandria Ocasio-Cortez (D-NY) claimed that Biden could do more with his executive authority.<\/p>\n<p>\u201cHe has been delaying and underutilizing it so far. There is an enormous amount he can do on climate, student debt, immigration, cannabis, health care, and more,\u201d she said.<\/p>\n<div id=\"attachment_13566297\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-13566297\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/Getty-Images_Win-McNamee.jpg\" alt=\"AOC\" width=\"640\" height=\"480\" \/><\/p>\n<p class=\"wp-caption-text\">AOC (Getty Images\/Win McNamee)<\/p>\n<\/div>\n<p>Chair of the Congressional Progressive Caucus Rep. Pramila Jayapal (D-WA) also demanded Biden to just use his pen to cancel student loan debt.<\/p>\n<p>\u201cToday would be a perfect day for @POTUS to cancel at least $50,000 of student loan debt per borrower \u2013 before crushing payments restart in 44 days. All it takes is a signature,\u201d Jayapal said.<\/p>\n<p>As of last week, an estimated 41 million borrowers&nbsp;have <a href=\"https:\/\/www.forbes.com\/sites\/zackfriedman\/2021\/12\/13\/biden-administration-wont-extend-student-loan-relief-confirms-student-loan-payments-restart-february-1\/?sh=439accff290c\">benefitted<\/a> from student loan debt suspension.<\/p>\n<p>In total, \u201cstudent loan borrowers will have received $110 billion of student loan cancellation from 22 months of temporary student loan forbearance,\u201d&nbsp;<em>Forbes<\/em>&nbsp;reported.<\/p>\n<p><em>Follow Wendell Huseb\u00f8 on Twitter&nbsp;<\/em><a href=\"https:\/\/twitter.com\/WendellHusebo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\"><em>@WendellHuseb\u00f8<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden on Wednesday reversed last week\u2019s reported decision to resume student loan payments on February 1 after receiving overwhelming pressure from the far-left. Despite Biden\u2019s promise to shut &#8230;<\/p>\n","protected":false},"author":21,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1143021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1143021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1143021"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1143021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1143021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1143021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1143021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}