U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said.

Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to cancel hundreds of billions of dollars in debt.

The president’s announcement, planned for 1 p.m. EDT at the White House, will bring the total approved debt cancellation by the Biden administration to $127 billion for nearly 3.6 million Americans, the White House said.

    • Enigma@sh.itjust.works
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      1 year ago

      That’s not his job, that’s congress’s job. He can propose a bill, but wtf is the point when the house doesn’t even have a speaker and the current majority hasn’t brought a single bill to the floor for a vote.

    • Ghostalmedia@lemmy.world
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      1 year ago

      Fight to put a solid majority of Dems in Congress, and you’ll get that. President can’t constitutionally do that.

    • pimento64@sopuli.xyz
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      1 year ago

      I got fined by the city for violating the ordinance against having my trash bin sitting in the street. THANKS SLEEPY JOE!

      —You

      In case you weren’t aware, the President isn’t allowed to draft and ratify his own legislation.