The rules were unfinished. He had tried to do earlier wide scale debt relief that was struck down by the courts. This was another attempt at it and trying to write around their BS rulings. Republicans were already threatening that second version
He’s been focusing on more narrow areas to provide relief because those have been harder to sue about
Biden is still pursuing other avenues for debt relief before his term is up. On Friday, his administration announced an additional $4.28 billion in debt relief for 54,900 borrowers in Public Service Loan Forgiveness — a result of ongoing improvements to the program. Despite not being able to pass broad relief, Biden, over the course of his term, has provided relief to nearly 5 million borrowers through changes to various programs.
The withdrawal notices were for two of the department’s unfinished debt-relief rules. The first rule was Biden’s Plan B for broader debt relief after the Supreme Court struck his first plan down in summer 2023. The second rule was a proposal to provide relief to borrowers facing financial hardship.
Unfinished and a proposal. This is basically just acknowledging it won’t be finished in time.
Of course he is. Take some of your most popular, and arguably most effective, policies and just stop doing them.
Oh wait, those help normal Americans. That’s right, we don’t do that here.
Depose.
The rules were unfinished. He had tried to do earlier wide scale debt relief that was struck down by the courts. This was another attempt at it and trying to write around their BS rulings. Republicans were already threatening that second version
He’s been focusing on more narrow areas to provide relief because those have been harder to sue about
Unfinished and a proposal. This is basically just acknowledging it won’t be finished in time.
Don’t dampen people’s ability to grouse here. It’s all they have left.