Funny how the Democrat voters forget everything so quickly.
Not long before the 2022 midterm elections, President Biden made a massive promise to forgive anywhere from $10,000 to $20,000 dollars in student loan debt for millions of Americans. Now it appears that plan is dying but for Biden that’s okay because he already got the votes he needed in 2022.
On Thursday, the Democrat controlled Senate made a decision to reject President Biden’s plan to eliminate over $400 billion in student loan debt.
According to Fox, by a vote of 52-46, the Senate approved a resolution expressing disapproval of the Department of Education’s regulation that implements President Biden’s plan. This successful vote was made possible by the support of Senators Joe Manchin (D-W.Va.), Jon Tester (D-Mont.), and Kyrsten Sinema (I-Ariz.), who joined all 49 Republicans in their decision to discard the student loan bailout.
Following a vote of 218-203 in the House last week, the Senate proceeded with their vote. Republicans argue that the program is unjust towards individuals who either never borrowed student loans or have already repaid them.
Senator John Thune, a Republican from South Dakota, expressed his viewpoint on the Senate floor prior to the vote, stating that President Biden’s plan could be perceived as a disheartening gesture towards those Americans who made the decision to pursue more affordable college alternatives, worked their way through school to avoid student loans, or whose parents made sacrifices to fund their education.
“It’s deeply unfair to ask the many Americans who worked hard to pay off their loans or who never pursued college in the first place to take on the burden of student debt for individuals who took out loans for college or graduate school and agreed to pay them back,” Thune added.
The resolution faced strong opposition from Democrats, who voted against it in large numbers. They contended that the Republican endeavors to terminate the program would negatively impact millions of Americans who have already met the eligibility criteria for debt relief.
Senator Patty Murray, a Democrat from Washington, conveyed the sentiments she received from numerous individuals in her state who expressed gratitude and relief upon seeing a ray of hope and a potential resolution to their student loan burdens. She criticized the Republicans’ intention to extinguish this hope, describing it as an effort to dash the aspirations of those seeking relief.
In a program unveiled last year, President Biden outlined his proposal to provide relief for student loan borrowers. The plan aimed to cancel a maximum of $10,000 in student loans for individuals with incomes below $125,000, and up to $20,000 for students who received Pell Grants. However, the implementation of this program was halted following a court injunction, and it was projected to incur a cost of over $400 billion in forgiven debt repayments for the government.
Some political experts believe that Biden will continue to play this game of acting like he wants to forgive the debt but will never actually make it happen. Don’t be surprised if this same issue makes its way all the way to the 2024 election where he sells the fake promise of student loan debt forgiveness once again to get votes and delivers nothing again.