this post was submitted on 02 Jun 2023
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United States | News & Politics

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Senate passes debt limit bill with 63-36 vote, allowing U.S. to avoid default - UPI.com (www.upi.com)
submitted 1 year ago by wicked82@midwest.social to c/usa@midwest.social
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U.S. to avoid default following 63-36 vote

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[–] FactsToGrind@sopuli.xyz 4 points 1 year ago (2 children)

So what's up with student loan forgiveness? Is that still on the table or not?

[–] wicked82@midwest.social 5 points 1 year ago

I believe the student loan forgiveness is on hold while the supreme court reviews some challenges to it.... However, in the debt limit bill i believe one of the concessions Biden allowed was that he would not continue the payment pause on those loans. So once this current pause expires, payments will resume. Heres hoping the supreme court doesn't rule against Biden on the forgiveness but I'm not going to hold my breath.

[–] peachykeen@midwest.social 1 points 1 year ago

If memory serves, what ended up happening is the senate passed a version of the bill that had a clause nuking that in it, but that went nowhere, and it got passed without it a bit later leading to this