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The Latest Breaking News from Joe Biden

Forgiving Student Debt Without Abolishing the Federal Loan Program Is Morally Wrong

Biden's debt forgiveness will do absolutely nothing to change the incentive system that created this doom spiral in the first place.

Reason

Student loan forgiveness – experts on banking, public spending and education policy look at the impact of Biden's plan

President Joe Biden announced a program to provide student debt relief to millions of borrowers of federal loans. The plan would offer up to US$10,000 in forgiveness for people who earn less than $125,000 – $250,000 for couples – and up to $20,000 for Pell Grant recipients. Biden also extended…

The Conversation

Utah sues Biden over move to restore 2 national monuments

Utah state and county officials have sued the Biden administration over the president’s decision last year to restore two sprawling national monuments on rugged lands sacred to Native Americans that President Donald Trump had downsized

The Independent UK

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Smog-Free Los Angeles Coming Soon? California Set To Ban The Sale Of Gas-Powered Vehicles By 2035

The state of California is slated to put into effect on Thursday Gov. Gavin Newsom's 2020 plan to prohibit the sale of new gasoline-powered cars and pickup trucks by 2035.

Benzinga

Biden rule regulating ‘ghost guns’ sold online survives lawsuit for now

WASHINGTON — The Biden administration’s new rule regulating untraceable build-at-home “ghost guns” in the U.S. for the first time can take effect while a group of Republican-led states sues to vacate the policy, a judge ruled.

Tribune News Service

The Loop: Paul Newman's daughters sue his charity foundation, Joe Biden forgives student loans, and a weird Facebook glitch — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

ABC News

Biden’s $2.98 billion weapons package for Ukraine is aimed at the long term

WASHINGTON — A $2.98 billion package of arms for Ukraine announced Wednesday by President Joe Biden sends a signal of future support for the nation, with some of the key weapons yet to be put under contract and produced.

Tribune News Service

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At least 22 killed in Russian strike on rail station on Ukraine’s independence day

Rocket attack in Chaplyne wounds 50 people as country marks six months since Moscow’s invasion

The Guardian - US

Biden's New Student Loan Forgiveness Plan Helps Mostly People Who Don't Need It

Biden's plan to forgive nearly $300 billion in student loan debt will disproportionately help affluent Americans.

Reason

Student loan forgiveness: Biden hails plan for ‘generation saddled with unsustainable debt’ – as it happened

President had campaigned on promise of loan forgiveness of up to $10,000 for those struggling with student debt

The Guardian - US

A damning review of Cook County juvenile jail, Biden’s student debt cancellation plan and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

Biden will cancel $10,000 of student debt for many borrowers

WASHINGTON — President Joe Biden announced Wednesday that he is canceling $10,000 in student debt for individuals earning less than $125,000 annually and extending a pause on loan repayments for all borrowers through the end of the year.

Los Angeles Times

Is Florida still a swing state? The next 11 weeks will determine the answer

The close of polls Tuesday evening marked the end of Florida’s primary election and the start of an 11-week scramble in which the fate of a U.S. Senate seat, the governor’s mansion and Florida’s status as a political battleground all hang in the balance.

McClatchy Washington Bureau

US, Iran and Europe inch toward a nuclear deal. But is anyone happy?

WASHINGTON — Coaxed by European allies, the Biden administration and Iran are crawling toward reviving the landmark nuclear accord that would delay Tehran's building of a bomb, but obstacles still threaten to send everyone home empty-handed.

Los Angeles Times

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The Independent UK

Biden says he had ‘not one single bit’ of advance notice of FBI’s Mar-a-Lago raid

‘None. Zero. Not one single bit,’ Biden says

Benzinga

Biden Lays Out Student Loan Relief Plan: Do You Qualify For Forgiveness?

President Joe Biden on Wednesday announced plans to forgive a portion of federal student debt for qualified borrowers and to extend the loan payment freeze until the end of the year.

The Hindu

Strangling Tunisia’s democracy

Kais Saied is a populist zealot who promises El Dorado even as he leads his country into a quagmire

Roll Call

Biden administration issues final rule on protections for 'Dreamers' - Roll Call

The Biden administration finalized a rule Wednesday to fortify the Obama-era DACA program as it faces legal challenges.

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The Texas Tribune

Biden’s student loan forgiveness plan could lower debt for more than half of Texas college graduates

People earning $125,000 or less will see $10,000 eliminated from their student loan debt. People in that group who received federal Pell Grants will see $20,000 in debt eliminated, a move intended to help low-income borrowers.

The Texas Tribune

Gov. Greg Abbott sends five more buses of migrants to New York, escalating feud with Mayor Eric Adams

The policy is an expansion of the governor’s plan to antagonize President Joe Biden over border security by busing migrants entering Texas to Washington, D.C., but research suggests the policy could allow more migrants to stay in the country even longer.

Chicago Sun-Times

12 things to know about Biden’s new student debt cancellation plan

Biden’s plan will wipe out $20,000 in federal student debt for Pell Grant recipients and eliminate $10,000 in federal student loan debt for other borrowers.

Roll Call

Judge blocks HHS guidance on abortions as emergency care - Roll Call

The ruling argues that HHS guidance ignores provisions in a 1986 law stating the health of the fetus must be considered.

Reason

Biden's Student Debt Relief Plan Will Worsen Inflation

"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman

The Independent UK

How common is Paxlovid rebound as Jill Biden tests positive again for Covid?

Paxlovid good at stopping hospitalisation for high-risk groups, despite occasional rebound

The Independent UK

‘Socialism’ or ‘giant step forward’: Liberals and conservatives clash over Biden student loan cuts

Mitch McConnell calls Biden move ‘student loan socialism’ as progressives and activists see decision as a victory

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