WASHINGTON — Republicans are employing a new strategy to thwart President Joe Biden’s student loan forgiveness plan.
Republican Sens. Bill Cassidy of Louisiana, John Cornyn of Texas and Joni Ernst of Iowa said Friday they will introduce a resolution under the Congressional Review Act to overturn Biden’s proposal, which would eliminate up to $20,000 in student loan debt per borrower.
Republicans say the plan, which the Congressional Budget Office estimates will cost $400 billion, is unconstitutional and outside the scope of the administration’s authority.
