Senate Blocks Biden's , Debt Relief Program , Ahead of Crucial Supreme Court Decision.<br />On June 1, the Senate blocked , President Joe Biden's , student loan relief program. .<br />NBC reports that the decision, made mostly along <br />party lines, also ends the Biden administration's <br />pause on federal student loan payments. .<br />NBC reports that the decision, made mostly along <br />party lines, also ends the Biden administration's <br />pause on federal student loan payments. .<br />Last month, the White House <br />warned that the president would veto <br />the resolution if it made it to his desk.<br />This resolution is an unprecedented <br />attempt to undercut our historic economic <br />recovery and would deprive more than <br />40 million hard-working Americans <br />of much-needed student debt relief, White House, via statement.<br />The U.S. Supreme Court is scheduled to make <br />rulings on two cases revolving around Biden's <br />proposed debt relief plan later this month.<br />NBC reports that the highly-anticipated Supreme Court <br />decision represents the debt relief plan's biggest test, <br />as Conservatives control a majority of the highest court.<br />Republican and Conservative opponents of the <br />legislation argue that it is unfair to taxpayers who <br />already paid off their loans or didn't attend college. .<br />Republican and Conservative opponents of the <br />legislation argue that it is unfair to taxpayers who <br />already paid off their loans or didn't attend college. .<br />According to an estimate by the nonpartisan Congressional <br />Budget Office, repealing the program would lower <br />the deficit by nearly $315 billion over the next ten years.<br />The Biden administration has countered that the cost <br />of higher education has become a "lifelong burden" <br />on low- and middle-income families in the U.S.<br />The Biden administration has countered that the cost <br />of higher education has become a "lifelong burden" <br />on low- and middle-income families in the U.S.<br />Biden has argued that his debt relief program would <br />offer borrowers "breathing room" following <br />the pandemic and the resulting economic crisis.
