House Fails to Override Biden’s Veto on Resolution to Stop the Cancellation of Student Debt
The U.S. House of Representatives failed to override President Biden’s veto of
H.J. Res. 45, Providing for Congressional Disapproval Under Chapter
8 of Title 5, United States Code, of the Rule Submitted by the Department of Education
Relating to ‘‘Waivers and Modifications of Federal Student Loans.’’ In
May, the House passed the resolution by a vote of 218 to 203. All House Republicans
and two Democrats, U.S. Reps. Jared Golden (D-Maine) and Marie Gluesenkamp Perez
(D-Wash.), voted in favor of the resolution. In the Senate, the resolution passed
52 to 46. All Senate Republicans, two Democrats, U.S. Sens. Jon Tester (D-Mont.)
and Joe Manchin (D-W.Va.), and one Independent, Sen. Kyrsten Sinema (I-Ariz.),
voted in favor of the resolution. The resolution was subsequently vetoed by President Biden.
Overriding the veto would have required two-thirds of support in both the House and Senate.
The resolution would have overturned the Department of Education’s
(ED) rule that extended the pause for student loan payments, interest accrual,
and collection until Dec. 31, 2022 and outlined the Biden administration’s plan
to cancel up to $10,000 for borrowers or up to $20,000 for borrowers who were
Pell Grant recipients whose income is under $125,000 or couples whose joint income
is less than $250,000. Additionally, it would have also required both current
borrowers and former borrowers, who have had their loans either forgiven under
one of the student loan forgiveness plans or paid off during the student loan
payment pause, pay back a certain amount of accrued interest and payments. It
would have also stopped ED’s implementation of a revised income-drive repayment plan.