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Posts tagged as “Iowa”

GOP Senators Introduce Resolution to Revoke President Biden’s Executive Action on Student Loan Debt Relief

Republican senators have proposed a resolution to revoke President Joe Biden's executive action to forgive some federal student loan debt, arguing that it is unfair to those who have made responsible financial decisions. The resolution, led by Sen. Bill Cassidy of Louisiana, has 35 GOP co-sponsors and is currently under review. Opponents of the resolution argue that forgiving student loan debt will help stimulate the economy and provide much needed relief to those struggling to pay off their loans.