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U.S. House Speaker Kevin McCarthy (R-Calif.) walks out of his office at the U.S. Capitol in Washington, D.C., on May 22, 2023.
"Should this become law, it will cause irreparable damage to the student loan system and undermine Americans’ trust in their government," warned the head of the Student Borrower Protection Center.
Advocates of student debt relief on Wednesday blasted Republicans in the U.S. House of Representatives for passing a resolution that critics said showcases "their contempt for workers and families" who are burdened by loans taken out to access higher education.
H.J. Res. 45 is a Congressional Review Act (CRA) resolution, which U.S. lawmakers can use to overturn federal regulations. The measure passed the House in a 218-203 vote mostly along party lines; Democratic Reps. Jared Golden (Maine) and Marie Gluesenkamp Perez (Wash.) were the only members of their party to join Republicans in supporting it.
The resolution is unlikely to go anywhere in the Democrat-controlled Senate, and even if it did, the White House has already made clear that President Joe Biden would veto it. The GOP measure—a clear message to voters ahead of the 2024 elections—would block Biden's pending student debt cancellation plan and reverse already-delivered relief.
As Common Dreams reported Tuesday, the American Federation of Teachers and the Student Borrower Protection Center (SBPC) released a report detailing the "ruinous impact" the resolution would have on millions of borrowers.
"The record is clear: The damage caused by this cruel and reckless legislation will hurt working people, including millions of its right-wing supporters' own constituents," SBPC executive director Mike Pierce declared after the vote.
Pierce noted that "right-wing proponents have gone to great lengths to mislead their own colleagues and deny the truth—this effort would push hundreds of thousands of public service workers back into debt and require the government to charge tens of millions [of] borrowers for interest that has already been canceled."
"Should this become law, it will cause irreparable damage to the student loan system and undermine Americans' trust in their government," he warned. "This is exactly what extreme conservative lawmakers want, they are just afraid to say it."
SBPC and 260 other groups also criticized the resolution's supporters in a letter to congressional leaders earlier this month, charging that "policymakers now seeking to reverse such critical relief through the CRA are ignoring the economic needs of their own constituents and threatening our nation's financial security."
"Congress should be acting to improve the circumstances of the American people," the coalition argued, "not attempting to thwart the president's efforts to ease the financial pressure that so many are feeling."
Another letter signatory, the Center for Responsible Lending (CRL), called out the GOP-led effort just ahead of the vote Wednesday.
"This is yet another political stunt from some members of Congress to prevent tens of millions of borrowers, including low-wealth individuals, service members, public service workers, women, and people of color from receiving relief ahead of the Supreme Court's decision regarding the fate of student debt cancellation, said Jaylon Herbin, CRL's director of federal campaigns.
Herbin warned that "resuming the payment pause without student loan forgiveness, let alone requiring students to retroactively pay months' worth of student loan payments, will add thousands of dollars into the average borrower's loan balance, lead millions into forbearance and default, and contribute to a widening racial wealth gap.”
"These actions are not only irresponsible but demonstrate a genuine lack of concern for the nation's overall economic health and the financial well-being of millions of U.S. individuals and families," he added.
The House vote came not only as the U.S. Supreme Court considers a pair of right-wing challenges to Biden's debt relief plan, but also as congressional Republicans threaten to blow up the economy by refusing to raise the debt limit unless Democratic lawmakers and the president agree to spending cuts that would harm working people.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Advocates of student debt relief on Wednesday blasted Republicans in the U.S. House of Representatives for passing a resolution that critics said showcases "their contempt for workers and families" who are burdened by loans taken out to access higher education.
H.J. Res. 45 is a Congressional Review Act (CRA) resolution, which U.S. lawmakers can use to overturn federal regulations. The measure passed the House in a 218-203 vote mostly along party lines; Democratic Reps. Jared Golden (Maine) and Marie Gluesenkamp Perez (Wash.) were the only members of their party to join Republicans in supporting it.
The resolution is unlikely to go anywhere in the Democrat-controlled Senate, and even if it did, the White House has already made clear that President Joe Biden would veto it. The GOP measure—a clear message to voters ahead of the 2024 elections—would block Biden's pending student debt cancellation plan and reverse already-delivered relief.
As Common Dreams reported Tuesday, the American Federation of Teachers and the Student Borrower Protection Center (SBPC) released a report detailing the "ruinous impact" the resolution would have on millions of borrowers.
"The record is clear: The damage caused by this cruel and reckless legislation will hurt working people, including millions of its right-wing supporters' own constituents," SBPC executive director Mike Pierce declared after the vote.
Pierce noted that "right-wing proponents have gone to great lengths to mislead their own colleagues and deny the truth—this effort would push hundreds of thousands of public service workers back into debt and require the government to charge tens of millions [of] borrowers for interest that has already been canceled."
"Should this become law, it will cause irreparable damage to the student loan system and undermine Americans' trust in their government," he warned. "This is exactly what extreme conservative lawmakers want, they are just afraid to say it."
SBPC and 260 other groups also criticized the resolution's supporters in a letter to congressional leaders earlier this month, charging that "policymakers now seeking to reverse such critical relief through the CRA are ignoring the economic needs of their own constituents and threatening our nation's financial security."
"Congress should be acting to improve the circumstances of the American people," the coalition argued, "not attempting to thwart the president's efforts to ease the financial pressure that so many are feeling."
Another letter signatory, the Center for Responsible Lending (CRL), called out the GOP-led effort just ahead of the vote Wednesday.
"This is yet another political stunt from some members of Congress to prevent tens of millions of borrowers, including low-wealth individuals, service members, public service workers, women, and people of color from receiving relief ahead of the Supreme Court's decision regarding the fate of student debt cancellation, said Jaylon Herbin, CRL's director of federal campaigns.
Herbin warned that "resuming the payment pause without student loan forgiveness, let alone requiring students to retroactively pay months' worth of student loan payments, will add thousands of dollars into the average borrower's loan balance, lead millions into forbearance and default, and contribute to a widening racial wealth gap.”
"These actions are not only irresponsible but demonstrate a genuine lack of concern for the nation's overall economic health and the financial well-being of millions of U.S. individuals and families," he added.
The House vote came not only as the U.S. Supreme Court considers a pair of right-wing challenges to Biden's debt relief plan, but also as congressional Republicans threaten to blow up the economy by refusing to raise the debt limit unless Democratic lawmakers and the president agree to spending cuts that would harm working people.
Advocates of student debt relief on Wednesday blasted Republicans in the U.S. House of Representatives for passing a resolution that critics said showcases "their contempt for workers and families" who are burdened by loans taken out to access higher education.
H.J. Res. 45 is a Congressional Review Act (CRA) resolution, which U.S. lawmakers can use to overturn federal regulations. The measure passed the House in a 218-203 vote mostly along party lines; Democratic Reps. Jared Golden (Maine) and Marie Gluesenkamp Perez (Wash.) were the only members of their party to join Republicans in supporting it.
The resolution is unlikely to go anywhere in the Democrat-controlled Senate, and even if it did, the White House has already made clear that President Joe Biden would veto it. The GOP measure—a clear message to voters ahead of the 2024 elections—would block Biden's pending student debt cancellation plan and reverse already-delivered relief.
As Common Dreams reported Tuesday, the American Federation of Teachers and the Student Borrower Protection Center (SBPC) released a report detailing the "ruinous impact" the resolution would have on millions of borrowers.
"The record is clear: The damage caused by this cruel and reckless legislation will hurt working people, including millions of its right-wing supporters' own constituents," SBPC executive director Mike Pierce declared after the vote.
Pierce noted that "right-wing proponents have gone to great lengths to mislead their own colleagues and deny the truth—this effort would push hundreds of thousands of public service workers back into debt and require the government to charge tens of millions [of] borrowers for interest that has already been canceled."
"Should this become law, it will cause irreparable damage to the student loan system and undermine Americans' trust in their government," he warned. "This is exactly what extreme conservative lawmakers want, they are just afraid to say it."
SBPC and 260 other groups also criticized the resolution's supporters in a letter to congressional leaders earlier this month, charging that "policymakers now seeking to reverse such critical relief through the CRA are ignoring the economic needs of their own constituents and threatening our nation's financial security."
"Congress should be acting to improve the circumstances of the American people," the coalition argued, "not attempting to thwart the president's efforts to ease the financial pressure that so many are feeling."
Another letter signatory, the Center for Responsible Lending (CRL), called out the GOP-led effort just ahead of the vote Wednesday.
"This is yet another political stunt from some members of Congress to prevent tens of millions of borrowers, including low-wealth individuals, service members, public service workers, women, and people of color from receiving relief ahead of the Supreme Court's decision regarding the fate of student debt cancellation, said Jaylon Herbin, CRL's director of federal campaigns.
Herbin warned that "resuming the payment pause without student loan forgiveness, let alone requiring students to retroactively pay months' worth of student loan payments, will add thousands of dollars into the average borrower's loan balance, lead millions into forbearance and default, and contribute to a widening racial wealth gap.”
"These actions are not only irresponsible but demonstrate a genuine lack of concern for the nation's overall economic health and the financial well-being of millions of U.S. individuals and families," he added.
The House vote came not only as the U.S. Supreme Court considers a pair of right-wing challenges to Biden's debt relief plan, but also as congressional Republicans threaten to blow up the economy by refusing to raise the debt limit unless Democratic lawmakers and the president agree to spending cuts that would harm working people.