GOP senators push bill to block Biden's 'reckless' student loan bailout, prevent taxpayers from covering costs
Fox News
The Stop Reckless Student Loan Actions Act of 2023 aims to prevent President Biden from canceling student debt and protect taxpayers from covering the costs.
The bill being reintroduced Thursday would prohibit the president from canceling "the outstanding balances, or a portion of the balances, on covered [student] loans due to the COVID-19 national emergency or any other national emergency." Kyle Morris covers politics for Fox News. Story tips can be sent to kyle.morris@fox.com and on Twitter: @RealKyleMorris.
"Taxpayers, especially working families, should not be responsible for bearing the costs associated with President Biden’s federal student loan suspension," Thune told Fox News Digital. "It’s incredibly unfair to those who never incurred student debt because they didn’t attend college in the first place or because they either worked their way through school or their family pinched pennies and planned for higher education."
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