{"id":1905309,"date":"2023-03-27T09:12:07","date_gmt":"2023-03-27T13:12:07","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-senate-republicans-could-tank-bidens-student-loan-forgiveness-program-this-week\/"},"modified":"2023-03-27T09:14:01","modified_gmt":"2023-03-27T13:14:01","slug":"how-senate-republicans-could-tank-bidens-student-loan-forgiveness-program-this-week","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-senate-republicans-could-tank-bidens-student-loan-forgiveness-program-this-week\/","title":{"rendered":"How Senate Republicans could tank Biden&#8217;s student loan forgiveness program this week"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><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%2Fhow-senate-republicans-could-tank-bidens-student-loan-forgiveness-program-this-week%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=1905309&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--><div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78203728\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"Biden administration found to have silently forgiven billions in student debt\">               <meta itemprop=\"description\" content=\"While public attention has swirled around Supreme Court holdups over the Biden administration's ambitious student debt forgiveness plan, billions of dollars in debt have already been forgiven quietly. Over 770,000 students have applied for debt forgiveness through an Education Department program that allows borrowers to assert a defense to repayment if it can be proven that their school misled them or broke state law, according to the Los Angeles Times. The program began toward the end of the Obama administration but has gained significant traction in the Biden administration.\">               <meta itemprop=\"duration\" content=\"PT1M43S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-07 15:41:05\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/snapshot\/1256916_th_1678203719.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1256916.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp = _bp||[]; _bp.push({ \"div\": \"Brid_78203728\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1256916\"} }); <\/script>               <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/div>\n<\/p><\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">A<\/span> crew of <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/republicans\" target=\"_blank\" rel=\"noopener\">Republicans<\/a> is gearing up for a bid to dismantle President <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\" target=\"_blank\" rel=\"noopener\">Joe Biden<\/a>&#8216;s <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/student-loans\" target=\"_blank\" rel=\"noopener\">student loan<\/a> forgiveness program, possibly as early as this week. <\/p>\n<p>Sens. Bill Cassidy (R-LA), Joni Ernst (R-IA), and John Cornyn (R-TX) are preparing to bring forth a resolution that would overturn the student loan forgiveness program, which is tangled up in the courts. Biden is widely expected to veto the measure if it makes it to his desk, but the bill would put <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/democrats\" target=\"_blank\" rel=\"noopener\">Democrats<\/a> on the spot. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/gop-plan-overturn-biden-student-loan-forgiveness-attract-democrats\" target=\"_blank\" rel=\"noopener\">GOP PLAN TO OVERTURN BIDEN STUDENT LOAN FORGIVENESS COULD ATTRACT DEMOCRATIC SUPPORT<\/a><\/b> <\/p>\n<p>&#8220;President Biden\u2019s student loan scheme does not \u2018forgive\u2019 debt, it just transfers the burden from those who willingly took out loans to those who never went to college, or sacrificed to pay their loans off,&#8221; Cassidy said in a statement about the program. <\/p>\n<p>The GOP trio is <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/faith-freedom-self-reliance\/senate-republicans-overturn-biden-student-loan-forgiveness\" target=\"_blank\" rel=\"noopener\">seeking<\/a> to tap into powers under the Congressional Review Act, which permits Congress to nix regulations within a set time frame. Earlier this month, the Government Accountability Office determined the program qualifies as a procedure subject to the Congressional Review Act, laying the groundwork for the bill. <\/p>\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<figure class=\"Figure mb-1 mb-sm-3 mb-md-1 article-lead-photo data_invisible\" data-align=\"center\" data-image-size=\"fixed\" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\">\n<div class=\"Figure-container\"> <picture><source media=\"(max-width: 768px)\" type=\"image\/webp\" width=\"767\" height=\"511\" data-image-size=\"1060x600_md\" ><source media=\"(max-width: 768px)\" width=\"767\" height=\"511\" data-image-size=\"1060x600_md\" ><source media=\"(max-width: 1440px)\" type=\"image\/webp\" width=\"645\" height=\"430\" data-image-size=\"1060x600_xl\" ><source media=\"(max-width: 1440px)\" width=\"645\" height=\"430\" data-image-size=\"1060x600_xl\" ><source type=\"image\/webp\" width=\"1060\" height=\"707\" data-image-size=\"1060x600\" ><source width=\"1060\" height=\"707\" data-image-size=\"1060x600\" ><\/picture><figcaption class=\"Figure-caption\" itemprop=\"caption\">                 Sen. Joni Ernst, R-Iowa, flanked by Sen. Rob Portman, R-Ohio, and John Cornyn, R-Texas, speaks during a news conference about Ukraine on Capitol Hill in Washington, Wednesday, March 16, 2022.                 <\/figcaption><div class=\"Figure-credit\" itemprop=\"author\">                 (Jose Luis Magana\/AP)                <\/div>\n<\/p><\/div>\n<\/figure><\/div>\n<\/p><\/div>\n<p>On the heels of that GAO finding, the three <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/faith-freedom-self-reliance\/senate-republicans-overturn-biden-student-loan-forgiveness\" target=\"_blank\" rel=\"noopener\">announced<\/a> plans to bring forth a resolution tapping into those powers to undercut the forgiveness plan. Biden unveiled the sweeping student loan cancellation program last August. <\/p>\n<p>Under his plan, borrowers with an annual income of $125,000 or less will see up to $10,000 in federal student loans wiped out, while those who received Pell Grants during their schooling can have up to $20,000 erased. The plan utilizes the 2003 HEROES Act, which grants the executive power to relieve student loan debt in times of national emergency or war. <\/p>\n<p>Republicans appear keen on exposing fractures within the Democratic coalition on student loans. Progressives, such as Sens. Elizabeth Warren (D-MA) and Bernie Sanders (I-VT), have roundly applauded the measure, but more centrist members, such as Sens. Joe Manchin (D-WV) and Catherine Cortez Masto (D-NV), have been apprehensive. <\/p>\n<p>\u201cI\u2019ll review the full text of the CRA when it is released, but like I said before, I disagree with President Biden\u2019s executive action on student loans because it doesn\u2019t address the root problems that make college unaffordable,\u201d Cortez Masto <a class=\"Link\" href=\"https:\/\/www.wsj.com\/articles\/student-loan-forgiveness-plan-faces-fresh-gop-resistance-6d7bd945\" target=\"_blank\" rel=\"noopener\">told<\/a> the <i>Wall Street Journal<\/i>. <\/p>\n<p>A lower court in Texas halted the program last November. The White House revealed it garnered roughly 26 million applications and approved 16 million for relief, but cancellation has not yet taken place amid the legal squabbling. The Supreme Court is expected to make a determination on the program&#8217;s legitimacy by June or July. <\/p>\n<p>Critics have pointed to the fact that Biden declared the COVID-19 pandemic was &#8220;over&#8221; in a <i>60 Minutes<\/i> interview last year but the pandemic was <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/biden-covid-both-ways\" target=\"_blank\" rel=\"noopener\">thought to be an underpinning<\/a> of the use of the HEROES Act for the forgiveness program. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/b> <\/p>\n<p>Should the high court strike down the initiative, the Biden administration may be able to bring forward a new iteration of the student loan forgiveness plan in hopes that a new framework could muster court challenges. <\/p>\n<div id=\"dsk-banner-ad-g\"><\/div>\n<p>Biden <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/house-votes-override-biden-veto-esg\" target=\"_blank\" rel=\"noopener\">used his veto power<\/a> for the first time last week to reject a resolution that would&#8217;ve scrapped a Labor Department rule allowing for retirement plans to consider environmental, social, and governance, or ESG, considerations in investment decisions.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A crew of Republicans is gearing up for a bid to dismantle President Joe Biden&#8217;s student loan forgiveness program, possibly as early as this week. Sens. Bill Cassidy (R-LA), Joni Ernst (R-IA), and John Cornyn (R-TX) are preparing to bring forth a resolution that would overturn the student loan forgiveness program, which is tangled up<\/p>\n","protected":false},"author":1,"featured_media":1905310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[3706,5490,8248,6644,3756,3740,5135,5907,3912],"class_list":["post-1905309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-bidens","tag-forgiveness","tag-loan","tag-program","tag-republicans","tag-senate","tag-student","tag-tank","tag-week"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1905309","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1905309"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1905309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1905310"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1905309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1905309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1905309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}