For all that the president’s promoters have pretended that Joe Biden is on the brink of a comeback, the octogenarian certainly isn’t acting like he’s winning his reelection. As members of the Federal Reserve openly contemplate whether worsening inflation means the central bank will pass any interest rate cuts before Election Day, Biden has attempted […]
After months of hearings and negotiations, the Biden administration announced its latest plans Monday for student debt relief, proposing changes that would save about 30 million borrowers billions of dollars in total. The plans aren't as sweeping as the across-the-board loan forgiveness of up to $20,000 per borrower that Biden ordered in 2022, a measure the Supreme Court threw out last year. But they go further than what the administration proposed in the wake of the justices' ruling, offering...
President Joe Biden said Monday that the United States backs Israel‘s right to security while warning against a broader war breaking out with Iran in the Middle East. The “United States is committed to Israel’s security,” Biden said during an Oval Office bilateral meeting with Iraq’s Prime Minister Mohammed Shia al Sudani after Iran attacked […]
The Biden administration will cancel $US7.4 billion ($A11.4 billion) in student debt for 277,000 borrowers, the White House says. President Joe Biden announced plans to ease student debt earlier this month that would benefit at least 23 million Americans, addressing a key issue for young voters whose support he needs as he seeks re-election in […]
Biden administration hopes funding will spur enduring cuts to planet-heating emissions no matter who is in White HouseAmid rising global temperatures and a looming election against an opponent who has indicated he will gut his climate policies, Joe Biden’s administration is shoveling billions of dollars into efforts it hopes will spur enduring cuts to planet-heating emissions, no matter the occupant of the White House.In recent weeks, large tracts of funding has been announced by the...
President Joe Biden announced a new bid on Monday to provide federal student loan debt relief to millions of Americans, part of a patchwork of debt relief plans the administration has been stitching together since the Supreme Court struck down Biden’s biggest swing last summer. The new plan offered up on Monday won’t affect nearly as many people as the original plan — but it’s definitely the best workaround that the White House has come up with yet. This time around, rather than canceling the...
Twelve news organizations on Sunday urged presumptive presidential nominees Joe Biden and Donald Trump to agree to debates, saying they were a “rich tradition” that have been part of every general election campaign since 1976. While Trump, who did not participate in debates for the Republican nomination, has indicated a willingness to take on his […]
The Supreme Court slapped down President Biden’s $430 billion mega-sellout in June 2023 over its absurd use of a post-9/11 law meant to help active-duty military avoid loan troubles.
Michael RaineyApril 12, 2024President Joe Biden on Friday announced another round of student loan forgiveness, part of a piecemeal effort that
Here's everything you need to know about the Biden administration's new
WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers. The White House said the latest round of relief helps borrowers enrolled in the Saving on a Valuable Education (SAVE) repayment plan as well as those in Income-Driven Repayment or Public Service Loan Forgiveness plans. On the SAVE plan, an income-driven repayment plan that took effect last summer, the new policy will allow those who took out smaller loans...
The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness.