The plan is on hold while the Supreme Court deliberates over legal challenges brought by Republican attorneys general and a conservative group. What’s next: A final vote on the Congressional Review Act resolution in the Senate is set for Thursday. The Biden administration previously said it would keep the payment pause until the end of August at the latest. “This bill does end the payment pause, but very close to the timeframe we were going to end it,” she said. Office of Management and Budget Director Shalanda Young, a lead negotiator, said on Tuesday that Biden’s loan forgiveness was “saved” in the final deal.
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White House officials fended off Republican efforts to include in the deal a full repeal of Biden’s student debt cancellation plan, to the chagrin of many conservative lawmakers. The bill, which the House is expected to take up later on Wednesday, would require the Biden administration to resume collecting student loans and charging interest after Aug.
The bill hasn’t attracted enough support in either the House or Senate to comprise the two-thirds majority that would be needed to override a presidential veto.ĭebt deal: The Senate is taking up the measure as Congress weighs a debt ceiling agreement that would also solidify the end of the pause on federal student loan payments and interest that’s been in place since March 2020 at the beginning of the pandemic. Under the Congressional Review Act, the fast-track procedure that lawmakers are using to try to stop the student debt relief, the Senate could pass the measure later this week on a simple majority vote.īut the White House has promised that Biden would veto the bill if Congress were to pass it. Keegan-Michael Keys first marriage came to an abrupt end in 2017 when the writer, actor, and comedian finalized his divorce from Cynthia Blaise, a Hollywood dialect coach. Key context: The House passed the resolution on a nearly party-line vote last week with the support of most Republicans and a pair of Democratic lawmakers. Kyrsten Sinema (Ariz.) voted in favor of the procedural motion to start debate on the measure.ĭem rebuke: Republicans have nearly uniformly opposed mass student loan forgiveness since Biden last August unveiled his plan to cancel up to $20,000 of debt per borrower.īut the Senate vote on Wednesday was the first formal pushback from centrist Democrats who have previously expressed unease with Biden’s effort to forgive large swaths of student debt. Joe Manchin (W.Va.) and Jon Tester (Mont.) as well as independent Sen.
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