{"id":517593,"date":"2021-05-17T11:21:13","date_gmt":"2021-05-17T15:21:13","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=517593"},"modified":"2021-05-17T11:21:15","modified_gmt":"2021-05-17T15:21:15","slug":"sen-schumer-pressures-biden-to-cancel-1-7t-student-debt","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-schumer-pressures-biden-to-cancel-1-7t-student-debt\/","title":{"rendered":"Sen. Schumer pressures Biden to cancel $1.7T student debt"},"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\">18<\/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%2Fsen-schumer-pressures-biden-to-cancel-1-7t-student-debt%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=517593&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 id=\"attachment_2407596\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2407596\" class=\"wp-caption-text\">Senate Majority Leader Chuck Schumer of N.Y., attends a meeting with President Joe Biden and congressional leaders in the Oval Office of the White House, Wednesday, May 12, 2021, in Washington. (AP Photo\/Evan Vucci)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 8:20 AM PT \u2013 Monday, May 17, 2021<\/h5>\n<p>Sen. Chuck Schumer (R-N.Y.) recenyly claimed Joe Biden can quickly cancel all student debt. During a <a href=\"https:\/\/twitter.com\/thehill\/status\/1393921928834977794\">virtual conference<\/a> on Sunday, the New York Democrat asserted a flick of Biden\u2019s pen could erase at least $1.7 trillion of loans.<\/p>\n<p>This comes amid critics saying this unprecedented move would wreak havoc on the American economy and leave taxpayers on the hook for unprecedented levels of government debt.<\/p>\n<p>While Biden recently admitted he does not have authority to cancel all loans, Schumer says otherwise.<\/p>\n<p>\u201cOur president, who we elected, and I love him, but he could [cancel student loans] with the flick of a pen,\u201d stated the senator. \u201cThis doesn\u2019t need a lot of legislation or anything else, all he has to do is sign something.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">President Biden can <a href=\"https:\/\/twitter.com\/hashtag\/CancelStudentDebt?src=hash&amp;ref_src=twsrc%5Etfw\">#CancelStudentDebt<\/a> to help provide much-needed relief to millions of Americans.<a href=\"https:\/\/twitter.com\/hashtag\/CancelStudentDebtNY?src=hash&amp;ref_src=twsrc%5Etfw\">#CancelStudentDebtNY<\/a> <a href=\"https:\/\/t.co\/eaGU4gdaG0\">pic.twitter.com\/eaGU4gdaG0<\/a><\/p>\n<p>\u2014 Chuck Schumer (@SenSchumer) <a href=\"https:\/\/twitter.com\/SenSchumer\/status\/1394042426600394755?ref_src=twsrc%5Etfw\">May 16, 2021<\/a><\/p>\n<\/blockquote>\n<p>In the meantime, Biden is pledging to erase at least $10,000 of debt per borrower. This proposal comes instead of President Trump\u2019s move to implement income-based payment plans for struggling students while also protecting taxpayers.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/casey-wardynski-im-running-to-continue-the-work-of-president-donald-trump\/\">Casey Wardynski: I\u2019m Running To Continue The Work Of President Donald Trump<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Senate Majority Leader Chuck Schumer of N.Y., attends a meeting with President Joe Biden and congressional leaders in the Oval Office of the White House, Wednesday, May 12, 2021, in &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2278302,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-517593","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\/517593","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=517593"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/517593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2278302"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=517593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=517593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=517593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}