“The Biden administration’s tuition bailout is bad public policy, and it’s unfair to people who’ve paid their college debt off by working multiple jobs or consciously meeting their obligations,” said Cornyn in a March 17 statement.

The resolution was introduced following a report from the Government Accountability Office stating that student loan relief and payment pauses are subject to the CRA. John Cornyn (R-Texas) and Joni Ernst (R-Iowa.).

Bill Cassidy (R-La.), ranking member for the Health, Education, Labor and Pensions Committee, along with Sens. The effort to use the CRA to stop Biden’s plan is led by Sen. The CRA lets Congress examine new regulations made by government agencies and overturn them with a majority vote, The Hill reported. That initiative comes on top of several lawsuits that aim to foil the plan, which was unveiled last summer with the intention of forgiving up to $20,000 in federal student loan debt per borrower. Last week, a group of GOP senators announced plans to introduce a Congressional Review Act (CRA) resolution in yet another attempt to stop the forgiveness plan from being implemented. See: With Student Loan Forgiveness At Risk, Is a ‘Forever’ Payment Pause Possible?ĭiscover: How To Avoid Paying Taxes Legally - and the 11 Craziest Ways People Have Done It Supreme Court to make its ruling on the issue. Some Republican lawmakers are so antsy to block the Biden administration’s federal student loan forgiveness plan that they don’t even want to wait for the U.S.

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