U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said.

Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to cancel hundreds of billions of dollars in debt.

The president’s announcement, planned for 1 p.m. EDT at the White House, will bring the total approved debt cancellation by the Biden administration to $127 billion for nearly 3.6 million Americans, the White House said.

  • jeffw@lemmy.worldM
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    1 year ago

    I actually think 50-60 would be ideal. Obama, in his mid-40s, was a relative political newcomer in 2008 (compared to other candidates, at least, not like Trump-style) and he made many missteps as a result. The ACA, for example, could have been far more broad. They didn’t need massive moderate support.

    Of course, some people enter politics pretty young. By the time Maxwell Frost hits 45, for example, he might have 20 years in federal politics. It’s rare that we find people with so much experience at that age though.

    • assassin_aragorn@lemmy.world
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      1 year ago

      I think the level of Republican stonewalling was historic for Obama, so to some degree it would’ve happened anyway, but I think he would’ve wisened up faster if he had more experience. It’s a double edged sword.

    • SCB@lemmy.world
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      1 year ago

      The ACA, for example, could have been far more broad. They didn’t need massive moderate support.

      The ACA passed by one vote after they stripped it down to make it more appealing.

      On December 23, the Senate voted 60–39 to end debate on the bill: a cloture vote to end the filibuster.[182] The bill then passed, also 60–39, on December 24, 2009, with all Democrats and two independents voting for it, and all Republicans against (except Jim Bunning, who did not vote).[

    • thallamabond@lemmy.world
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      1 year ago

      The aca was much more broad, it initially included a single player option, but that was excluded by Joe Lieberman.

      He threatened to kill the whole thing if single payer was included.

      Lieberman then quit the Democratic party and now he’s founding chairman of No Labels