The law that would have eliminated President Biden’s $400 billion student loan bailout was vetoed on Wednesday, and he declared he wasn’t “going to back down” when it came to wiping out the college debt of millions of Americans.
“People, Republicans in Congress spearheaded a drive to enact a law that thwarts my administration’s plan to reduce student debt by up to $10,000 and by up to $20,000 for borrowers who received Pell Grants. According to Biden, who spoke in a video uploaded on Twitter, “almost 90% of those relief money go to people making less than $75,000 a year.
“I won’t give up on my mission to assist tens of millions of middle-class and working-class families. I’m going to veto this bill because of that,” he stated.
Biden did not name the two Democratic senators Joe Manchin of West Virginia and Jon Tester of Montana, who joined all Republicans in voting to advance the bill last week, during his tirade against Republicans. Sen. Kyrsten Sinema, an independent from Arizona, joined the majority with a vote of 52-46.
Additionally, Biden failed to name the Democratic representatives Jared Golden of Maine and Marie Gluesenkamp Perez of Washington, who joined Republicans in supporting the legislation in the House of Representatives. The final vote count in the House was 218–203.