Rep. Scott DesJarlais, R-Tenn., is set to introduce a bill that will aim to block President Biden’s student loan forgiveness plan. DesJarlais’s bill follows a similar measure put forth by Sen. Mitt Romney, R-Utah, and fellow senators Richard Burr, R-N.C.; Tim Scott, R-S.C.; Bill Cassidy, R-La. DesJarlais disagreed that student loan forgiveness can help stimulate the economy since it would merely shift the burden of debt from borrowers to other taxpayers. The bill would only affect direct, blanket loan forgiveness, but it would not affect various incentive programs. CLICK HERE TO READ MORE ON FOX BUSINESSThat number adds to an already robust $25 billion in student loan relief under Biden.
Source: Fox News June 12, 2022 22:23 UTC