House Democrats and GOP clash over student loan forgiveness vote.

1 min read
Source: Business Insider
House Democrats and GOP clash over student loan forgiveness vote.
Photo: Business Insider
TL;DR Summary

Two House Democrats, Jared Golden and Marie Gluesenkamp Perez, voted with Republicans to pass a bill blocking President Biden's plan to cancel up to $20,000 in student debt for federal borrowers and end the latest extension of the student-loan payment pause. The bill now faces an uncertain path in the Senate, and Biden said he will veto it. The bill was introduced using the Congressional Review Act, which is a fast-track tool lawmakers can use to overturn final rules put in place by federal agencies.

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