U.S. to avoid default following 63-36 vote

    • wicked82 [ Ohio ]@midwest.socialOP
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      1 year ago

      I believe the student loan forgiveness is on hold while the supreme court reviews some challenges to it… However, in the debt limit bill i believe one of the concessions Biden allowed was that he would not continue the payment pause on those loans. So once this current pause expires, payments will resume. Heres hoping the supreme court doesn’t rule against Biden on the forgiveness but I’m not going to hold my breath.

    • peachykeen@midwest.social
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      1 year ago

      If memory serves, what ended up happening is the senate passed a version of the bill that had a clause nuking that in it, but that went nowhere, and it got passed without it a bit later leading to this