borrower. it s a game-changer. we re also fixing what is called this has been the bane driving me crazy when i was out of office. this program forgives student loans to encourage students with loans if they go into public service. think of the millions that are. public school teachers. local police officers, workers at local charities, members of the military and national guard. think of the folks that work for federal, state, local governments, responding to national disasters. all of the firefighters and cops. the program is designed so that if you serve in one of these jobs you ll be able to actively assist whether you do and make your loan payments for ten years even if it s not consecutive years. your remaining balance will be completely forgiven. it s a great idea, but the program is a mess. it s so inefficient and complicated. too many people give up. think of a service member, deferring their student loan payment while they re deployed. the system is so restricted t
that is tonight for the last word. the 11th hour with stephanie ruhle starts right now. at this hour, breaking news. the supreme court strikes down a trump era ban on bump stocks. if you see a person firing one of these next to someone firing a submachine gun, you cannot tell the difference. president biden releasing a statement calling on congress to ban bump stocks. president biden at the g7 summit in italy today. much of the attention focused on what he said about his son, hunter s, federal gun conviction. coming from the proud of my son, hunter, he is over, could addiction. the president has previously said he would not pardon his son, but tonight he went even further on commutation. a congressional pep rally, of sorts, for the congressional nominee speaking to lawmakers behind closed doors. a show of hands for anyone in the room who hung out with a felon today. i am with them 1000%, they are with me 1000%. i think it must be so humiliating for them.
fair. reporter: is this unfair to people who pay their student loans? is it fair to people who families do not own multimillion dollar businesses? is that fair? what do you think? brian: does that make any sense to anybody? the president getting a little feisty. he s always angry. i m not sure why. the cato institute, my favorite institute says there s several reasons federal student debt cancellation is a bad idea. first it helps the winners, those who made the decision to go outrageously to go out to outrageously overpriced colleges and get a degree. the higher the degree they earned, the more money they will make. it supposed to pay off their debts. wouldn t you think that? it s not like those doctors will give you a rebate when your colonoscopy pays for their mercedes?
to say about this. there s a lot of material that s going to be put out as to how this is being implemented and i want to thank you all and god bless you all. thank you, thank you, thank you. mr. president, how much advanced notice did you have of the fbi s plan to search mar-a-lago? i didn t have any advanced notice, none, zero, not one single bit. thank you. mr. president, is it unfair to people who paid their student loans or chose not to take out loans? there you have it, president biden laying out his case, let s listen to his answer here. do not own multibillion dollar businesses, see why these guys get all the tax breaks, is that fair? what do you think? what about people who paid their loans, struggled to pay their loans and now others don t have to . that was a little harder to hear in what he said in laying out his case about why he is today announcing some student loan debt forgiveness, something that he says he has been wanting to do, and he told i thought a
it s about providing possibilities. we re going to have more to say about this. there s a lot of material that is put out as to how this is being implemented. i want to thank you all and god bless you all. thank you, thank you. mr. president, how much advance notice did you have of the fbi s plan to search mar-a-largo? i didn t have any advanced notice. none, zero. not one single bit. thank you. is it unfair to people that paid their student loans or chose not to take out loans. is it fair to people that in fact do not own multibillion dollar businesses? see why these guys get the tax credits? is that fair? what do you think? what about people that paid their loans, struggled to pay their loans and now others don t have to? martha: okay. couple of interesting questions fired there. one from peter doocy on the way out the door about when the president was made aware of the