President Joe Biden officially vetoed legislation Wednesday that would block his student loan forgiveness program, blasting lawmakers who supported the bill for what he called an “unprecedented attempt to deny critical relief to millions of their own constituents.”
The bill – which passed Congress earlier this month with support from some moderate Democrats – sought to block the student loan forgiveness program, which promises to cancel up to $20,000 of debt for millions of borrowers. No debt has been canceled yet while the program faces legal challenges.
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