Stay updated with breaking news from A giant step. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
november? i ll also speak with a florida primary winner trying to become the first member of congress from generation z. and a proposal to tackle homelessness, forcing hotels to offer up empty rooms. but how do hotel guests and owners feel? a contentious debate playing out right now in a major american city. welcome to the lead. i m jake tapper. we start today with our money lead. a monumental announcement out of the white house today affecting tens of millions of americans. president biden laying out his decision to cancel $10,000 in student loan debt for borrowers who make less than $125,000 a year. some americans could see $20,000 in relief, and this move could completely wipe out student debt for one-third of borrowers. president biden is also extending the loan repayment freeze through the rest of the year. leading democratic lawmakers are hailing the president s move today, calling it, quote, a giant step forward in addressing the student debt crisis, but so ....
Year. leading democratic lawmakers are hailing the president s move today, calling it, quote, a giant step forward in addressing the student debt crisis, but some key parts of the president s coalition say the move does not go far enough. and some democrats and many republicans say this is nothing but a handout on the backs of taxpayers at a time the country cannot afford it. c cnn s m.j. lee joins us from the white house. under what authority is the president taking this unilateral action? jake, that is a really good question, with a little bit of a complicated answer. the education department is essentially pointing to the so-called heroes act, which was enacted after the september 11th attacks. and they re saying that essentially gives the education secretary the authority during certain periods to offer people relief from student loans. now, this memo from the department of education says that the certain periods could include periods like a war, during a military operation or a ....
Transformative. bigger than anything we ve done. reporter: a vote, 213, with all but one democrat voting yes, marked an end to months of intraparty democratic warfare, a sweeping $2 trillion measure that would touch every corner of the u.s. economy from paid leave to universal preschool to extension of the tax credit, lower prescription drug costs and historic spending on legislation. biden in a statement calling the vote, quote, a giant step forward and clinching his second major win in a week, signing his $1.2 trillion infrastructure bill into law on monday. with clear hurdles ahead on that second piece of domestic agenda, in the form of two sent terrorist democrats, senators joe manchin and kyrsten sinema. we ve remained in touch, getting to to the house. senior white house officials with senator sinema, senator manchin, other members of the senate. as we know that s the next important step here. ....
Detailed text transcripts for TV channel - MSNBC - 20110203:18:47:15 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.