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Transcripts for FOXNEWS America Reports 20240604 18:42:00

john: the biden team is out with a work-around after the supreme court struck down the student loan handout. the new bail-out is called the save plan. it could cost taxpayers hundreds of billions in total. ed lawrence is live from the white house. ed, how much exactly is this going to cost us? we are talking about a lot of money. so, president joe biden unveiling, unrolling this plan that would help americans who have student loans with those payments. it would cost all taxpayers $475 billion over ten years. now, this is how it breaks down, according to the pen wharton budget model. 200 of that would hit this year s federal debt, and another 275 billion over the ten years for the new loans where payments are reduced. plan called save on a valuable education or save, means people ....

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