President Joe Biden vetoed legislation on Wednesday to block his attempt to grant student debt relief through executive action.
The measure, which the Senate cleared last week, will now go back to Capitol Hill for a possible override attempt, which would be unsuccessful based on the support it received to date. The effort by the president and the Department of Education to cancel up to $20,000 per borrower based on financial circumstances has been blocked pending a decision by the Supreme Court.
“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,” Biden said in his veto message.
