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attorney willis who has been investigating trump to overturn the results of the 2020 election in georgia. last week you may remember, she impaneled two grand juries. one of those is expected to consider the historic question of whether to indict anyone in this case, including whether to indict trump himself. willis is all but made and police that it she anticipates announcing the indictment decision sometime between the last day of this month, july 31st, and august 18th. these would be possible state level charges, possibly serious ones. but coming in from the southbound on-ramp could be federal special counsel jack smith with list own charges along the same lines. because in addition to bringing criminal charges against trump in the classified documents case, a case for which we might get a trial scheduled tomorrow, jack smith has been running this other federal investigation into trump's role in the january 6th attack and overturning the election and the whole fake
willis has all but made explicitthy she anticipates announcing the grand jury's indictment decision some time between the last day of this month, july 31st, and august 18thch these would be possible state level charges, potentially serious ones. but coming in from the southbound on-ramp, could be federal special counsel jack smith with his own charges along the same lines. because in addition to bringing criminal charges against trump in the classified documents case, the case for which we might get a trial scheduled tomorrow, jack smith has also been running this other federal investigation into trump's role in the january 6th attack and overturning the results of the election and the whole fake electors scheme, potentially even his fund-raising off the fake stolen auction claims. that seems it might overlap and crisscross with the state level
Now that the Supreme Court has left President Joe Biden’s plans for sweeping student debt forgiveness in tatters, the Biden administration is plotting new ways forward for the effort.
their entire student loans starting october 1st. >> i planned on saving for my home, possibly starting a family. >> 30-year-old elliott has $20,000 in loans, just married he and his wife must now put their plans on hold. >> my wife also has $53,000 in student loans as well, so we will both beset back. >> interest rates at nearly 5%, they urge borrowers to make more than the minimum payment. the average student loan is $30,000, and now the biden administration is developing a slow repayment on-ramp. borrowers that can't make a payment for the first 12 months cannot be penalized, and the minimum monthly payments could be cut in half from 10% to discretionary income to 5%.
basic and fundamental changes in the scheme designed by congress. >> i was really hoping they were going to do the right thing in the name of democracy and all the millions that would have benefitted from this. >> reporter: the last week of supreme court decisions dealt back-to-back blows to biden's agenda. also on flriday the court ruled 6-3 in favor of colorado website designer who wanted to refuse creating wedding websites for same-sex couples. >> nobody should be forced to create a message that goes against his or her convictions. >> this is not a normal court. >> reporter: chief justice roberts said the student must be treated based on his or her experience as an individual, not on the basis of race. >> i think the idea that our society, like, can be color blind is a silly one. >> reporter: while the biden administration tries to hammer out that new rule, adriana, it's also initiating what it's called a ten-month on-ramp. during that time, if you miss a payment or are late, you won't automatically default on your loan and it won't impact your credit rating. >> christina ruffini, thank you.
a shipment of sinks. the estimated value more than $2.5 million. this morning the biden administration is pursuing new action to ease student debt after the supreme court struck down the president's student loan forgiveness program. the decision blocks millions of bo borrowers receiving up to $20,000 in federal debt relief months before payments are restart in october. after a three-year payment freeze, a lot of people are not prepared to add another bill into the budget. here is some recommendations on handling those student loans. the president and founder of the institute of student loan advisors. so let's start here with what the president announced on friday. first, good morning to you. thank you for being with us. i want to start with this 12-month on-ramp program and as described by the white house, financially vulnerable borrowers who miss monthly payments are not considered delink wink,
it's going to be an era of the supreme court really being run by the american political right. >> friends, thank you very much. really great to get all of your perspectives. i want to turn now to former secretary of education arne duncan. secretary duncan, thanks for being here. as you heard us talking, president biden today explained that he has a new plan to help students who now feel left in the lurch. here's what he said about that. >> creating a temporary 12-month, what we're calling on-ramp repayment program. now, this is not the same as the student loan pause. if you miss payments this on-ramp temporarily removes the threat of default or having your credit harmed. >> okay, so help us understand how this will work. >> well, it's not easy, and president biden is a fighter. he'll leave no stone unturned and look at his authority under
says that law violates the first amendment. the court also rejected president biden�*s plan to forgive hundreds of billions of dollars in student loans. under the biden administration's plan, 43 million american borrowers would have been eligible for student loan forgiveness. 26 million had already applied. they each would have had up to $20,000 worth of loans forgiven. the plan would cost over $400 billion. the court ruled that the president doesn't have the authority to simply sign off on such funds. later in the day biden announced new actions to provide debt relief, including a i2—month on—ramp payment plan which runs from october 2023 to the end of september 2024. the white house says the plan will protect the most vulnerable borrowers from the worst consequences of missed payments. borrowers who miss monthly payments during this period will not be considered delinquent, reported to credit bureaus, placed in default, or referred to debt collection agencies for 12 months. biden condemned the court's ruling, saying it �*mis—interpreted the constitution.�* here's more of
routes, which he was calling an on-ramp for payments, but essentially trying to pursue what's going to be a rule making process. and officials acknowledged yet this is going to take time. what do people who have to start paying in october take away from that? do they wait to see if something comes to fruition, or do they begin making their payments on october 1? >> i think the message to borrowers should be, do not count on a plan b here. it looks like the administration is going to try to pursue some other regulatory means for wiping out or at least reducing people's debt beyond the kinds of expansion of income-driven repayment program, for example, that they have already put in place. but if that had been the solution to this problem that had the firmest legal footing, i think it would have been their plan a. so, it may very well work. i don't know. i'm not a lawyer.