Senate OKs Resolution to Block Loan Forgiveness
June 2, 2023
President Biden has said he would veto the resolution, while some said it would cause “irreparable damage” to the federal student loan system.
The Senate voted Thursday to block President Biden’s plan to forgive up to $20,000 in federal student loans for eligible Americans.
The resolution, proposed by Louisiana Republican senator Bill Cassidy, also would restart student loan payments. Biden has said he would veto the measure. The resolution didn’t pass either chamber with enough votes to override a presidential veto.
Two Democratic senators joined with Republicans to support the resolution, which passed with 52 votes. Forty-six senators voted against it.