69 Republican lawmakers call for Biden's student-loan repayment and forgiveness proposals to be 'rescinded,' blasting them as 'blatantly illegal' and 'a smack in the face of taxpayers'
It's no secret Republican lawmakers aren't a fan of President Joe Biden's student-loan forgiveness proposals. Now, they're calling on him to throw those proposals out.
The proposed reforms would cut undergraduate student-loan payments in half and shorten the timeline to receive forgiveness, among other things, and the lawmakers wrote in the letter that Biden's"go it alone attitude on student loan repayment and forgiveness flies in the face of the Constitution, which vests all legislative power in Congress."
"Policy experts agree that the vast majority of students will never fully repay their loans under this proposal," they continued."Borrowing for college will become the default for every household, including for those who can afford to pay and otherwise would have paid out-of-pocket. This proposal is reckless, fiscally irresponsible, and blatantly illegal and, as such, it should be rescinded.
."If the Biden plan is implemented as proposed, fully repaying a student loan will be the exception rather than the rule."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Biden hosts GOP, Dem governors at White House for dinnerFor the first time in his administration, President Joe Biden hosted the dinner for members of the National Governors Association at the White House.
Leer más »
Biden hosts GOP, Dem governors at White House for dinnerFor the first time in his administration, President Joe Biden hosted the dinner for members of the National Governors Association at the White House.
Leer más »
Biden hosts GOP, Dem governors at White House for dinnerFor the first time in his administration, President Joe Biden hosted the dinner for members of the National Governors Association at the White House
Leer más »
Biden hosts GOP, Dem governors at White House for dinnerFor the first time in his administration, President Joe Biden hosted the dinner for members of the National Governors Association at the White House
Leer más »
GOP senator dings Biden for ‘dog calls’ on Social Security: ‘Trying to scare people’Sen. Mike Rounds condemned President Biden on Sunday for deploying 'dog calls' on Social Security, accusing the Democrat of intentionally 'trying to scare people' by saying the GOP seeks to slash the federal retirement benefits.
Leer más »
James Comer suggests GOP may have evidence Joe Biden knew of Hunter's business dealingsHouse Oversight Chair James Comer (R-KY) suggested that there is evidence that President Joe Biden may have been privy to his son Hunter Biden's business dealings.
Leer más »