
Biden again rejects $50,000 student loan debt forgiveness plan pushed by other top Democrats
CNN
President Joe Biden made it clear during Tuesday night's CNN town hall that he disagrees with other members of his party who want to cancel $50,000 of student debt per borrower.
"I will not make that happen," Biden said after a member of the audience said his proposal to cancel $10,000 per borrower doesn't go far enough. But top Democratic congressional leaders, including Senate Majority Leader Chuck Schumer and Massachusetts Sen. Elizabeth Warren, are calling on Biden to cancel $50,000 per borrower. Dozens of Democrats reintroduced a bicameral resolution earlier this month urging Biden to take action, arguing that he has the executive power to do so.More Related News

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The retirement of Illinois Sen. Dick Durbin after nearly 30 years in office sparked an expensive three-way Democratic primary that has showcased the party’s divisions over how to confront President Donald Trump’s immigration crackdown and introduced pro-crypto forces as an influence seeking to shape the midterm elections. The contest is also setting up a test of Gov. JB Pritzker’s political clout in the state as he eyes a potential 2028 presidential bid.











