Senate passes GOP-led resolution to block Biden’s student loan relief plan – Gist It

Senate passes GOP-led resolution to block Biden’s student loan relief plan

The Senate passes GOP-led resolution to block Biden’s student loan relief plan, setting up a pledged veto by the president.

Taking action: Republicans introduced the bill invoking the Congressional Review Act to reverse executive orders.
* The resolution passed the House with a 218-203 vote and the Senate with a 52-46 vote.
* Two moderate Democrats and an independent senator sided with Republicans.

Vote details: Nonpartisan Congressional Budget Office estimated the relief plan would cost taxpayers $400 billion.
* Sens. Michael Bennet (D-Colo.) and Mark Warner (D-Va.) did not cast votes, having been vocal critics of the plan.

Student loan repayment: The Senate also passed a bipartisan bill to lift the national debt ceiling, setting the date for resuming federal student loan repayments after August 29.
* Education Secretary is prohibited from making extensions without congressional approval.

Supreme Court decision: The fate of the federal student loan debt relief lies in the hands of the Supreme Court, with a ruling expected in June or early July.

View original article on NPR

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June 2, 2023

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