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White House vows to veto bill that blocks student debt relief plan, president says bill would hurt economy

The White House is vowing to protect its Student Loan Forgiveness Program.
Student Loan Debt (FILE)
Posted at 11:10 AM, May 23, 2023
and last updated 2023-05-23 14:10:47-04

WASHINGTON, D.C. (KERO) — The White House is vowing to protect its Student Loan Forgiveness Program.

On Monday, the Biden Administration threatened to veto a GOP measure that would block the plan. The White House says the bill would hurt the economy and deprive millions of Americans of debt relief.

House Republicans are expected to vote on the measure sometime this week. It's not expected to have enough support in the Senate.

But if it does, President Biden says he will veto the bill.