Biden, a Democrat, then vetoed the legislation, saying in a statement:"It is a shame for working families across the country that lawmakers continue to pursue this unprecedented attempt to deny critical relief to millions of their own constituents, even as several of these same lawmakers have had tens of thousands of dollars of their own business loans forgiven by the Federal Government." The White House has been contacted for comment via email.
Activists and students protest in front of the Supreme Court during a rally for student debt cancellation in Washington, DC, on February 28, 2023. House Republicans on Wednesday failed to undo President Joe Biden's veto of legislation that would have canceled his plan to forgive student debt.would forgive up to $10,000 in federal student loan debt for borrowers making less than $125,000 per year.
Wednesday's vote means Republican efforts to kill Biden's plan under the Congressional Review Act are now over.