President vows to use ‘union labor and American steel’ to rebuild, a nod to his administration’s attempts to promote domestic manufacturingThe Biden administration will try again to implement a large-scale student debt relief plan, a year after a previous attempt was blocked by the supreme court’s conservative justices, the Wall Street Journal reports.The plan, which Joe Biden will announce on Monday during a visit to swing state Wisconsin, comes as opinion polls show the president struggling to maintain support among younger voters ahead of his expected November election rematch against Donald Trump.The president’s advisers hope to use the rules to begin canceling waves of student debt in the run-up to the November election, but the exact timing of the effort will depend on how quickly the administration can finalize the regulations. The debt forgiveness push could give Biden a political boost, especially among young people, amid polls that show him trailing former President Donald Trump, his GOP opponent, in several key states. But the proposal, once it is completed, is likely to face legal action from Republican attorneys general, who will again try to convince the courts to block it.Just hours after the Supreme Court in June 2023 killed his first student loan forgiveness plan, Biden pledged to try again using different legal authority. That kicked off a lengthy and bureaucratic process led by the Education Department to craft regulations that define under what circumstances the federal government can “waive,” or eliminate, federal student debt. The administration is basing the regulations on a 1965 law called the Higher Education Act. Continue reading…
Source link : https://www.theguardian.com/us-news/live/2024/apr/05/biden-israel-weapons-baltimore-visit-updates
Author : Chris Stein
Publish date : 2024-04-05 21:34:04
Copyright for syndicated content belongs to the linked Source.