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Biden vetoes bill cancelling his $400 billion student loan handout, vows he’s ‘not going to back down’

June 8, 2023

Via: Fox News

President Biden on Wednesday vetoed the bill that would have scrapped his $400 billion student loan handout and vowed he wasn’t “going to back down” when it came to forgiving the college debt of millions across the country.

“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.

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