President Joe Biden vetoed a bill designed to kill the administration’s sweeping student-debt relief plan Wednesday.
The legislation, initiated by congressional Republicans, would have thwarted the president’s executive action to cancel billions of dollars in student debt and eliminate the government’s restructured repayment program.
The bill passed with support from a small contingent of Democrats earlier this month, undermining support for the policy within the president’s own party.
Two moderate Democratic senators, Joe Manchin of West Virgina and Jon Tester of Montana, casted votes in favor of the measure as did Sen. Kyrsten Sinema, a once-Democrat-turned-independent.
The passage of the bill in the Democratic-controlled Senate delivered a blow to the president who made student-debt cancellation a key presidential campaign promise.
— Bloomberg