House Republicans on Wednesday advanced legislation to kill President Biden’s attempt to cancel student loan debt for tens of millions of borrowers, a controversial move that the government has said would cost the government more than $400 billion.
The House Education and the Workforce Committee passed a resolution aimed at terminating Biden’s policy, which was supported by every Republican on the committee and opposed by every Democrat. Committee passage means the resolution, from Rep. Bob Good, R-Va., now has a chance to get a vote on the House floor.
“I am pleased to lead the House effort to overturn President Biden’s student loan transfer scheme that would burden the wallets of hardworking American taxpayers to the tune of hundreds of billions of dollars,” Good told Fox News Digital. “His plan to force American citizens to pay off the debts of others is unfair, unethical, unconstitutional and unlawful.”
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