President Biden isn’t backing down on his $400 billion dollar student loan handout; he vetoed a bill Wednesday that would have put an end to the spend.
“Folks, Republican in Congress led an effort to pass a bill blocking my administration’s plan to provide up to $10,000 in student debt relief and up to $20,000 for borrowers that received a Pell Grant. Nearly 90% of those relief dollars go to people making less than $75,000 a year,” Biden said in a video posted on Twitter.
“I’m not going to back down on my efforts to help tens of millions of working and middle-class families. That’s why I’m going to veto this bill,” he said.
Watch the clip below:
Congressional Republicans led an effort to pass a bill blocking my Administration’s plan to provide up to $20,000 in student debt relief to working and middle class Americans.
I won’t back down on helping hardworking folks.
That’s why I’m vetoing this bill. pic.twitter.com/ZeYEm4LOjz
— President Biden (@POTUS) June 7, 2023
From Fox News:
Amid his railing against Republicans, Biden made no mention of the two Democratic senators, Joe Manchin, D-W.Va., and Jon Tester, D-Mont., who joined all Republicans in voting to advance the bill last week. Independent Arizona Sen. Kyrsten Sinema also voted in favor with the final tally coming to 52-46.
Biden also made no mention of Rep. Jared Golden, D-Maine, and Rep. Marie Gluesenkamp Perez, D-Wash., who joined Republicans in voting for the bill in the House of Representatives. The final House vote tally was 218-203.
The president went on to say that some of the members who voted for the bill had “personally received loans to keep their small business afloat during the pandemic,” and supported “huge tax cuts for corporations and the wealthy.”
More over at Fox News:
'NOT GOING TO BACK DOWN': @POTUS vetoes bill that would have canceled admin's $400B student loan handout. https://t.co/docAHdQ42A pic.twitter.com/wOjyJ2e79B
— Fox News (@FoxNews) June 8, 2023