it s a game changer. we re also fixing what s called, and this has been the bane of driving me crazy when i was out of office. the public service loan forgiveness program. now, this program forgives student loans to encourage those students who have those loans if they go in to public service. think of the millions who are. public school teachers, local police officers, workers at local charities, members of the military and national guard, and so many more, think of the folks who work for federal, state, local, travel governments, keeping essentially services going, respond to go natural disaster, all of those firefighters and cops. the program is designed so if you serve in one of these jobs and be able to list those and be able to accurately assess whether you do, and make your loan payments for ten years, even if it s not consecutive years, your remaining balance will be completely forgiven. it s a great idea but the program is a mess. it s so inefficient, and complicated
november? i ll also speak with a florida primary winner trying to become the first member of congress from generation z. and a proposal to tackle homelessness, forcing hotels to offer up empty rooms. but how do hotel guests and owners feel? a contentious debate playing out right now in a major american city. welcome to the lead. i m jake tapper. we start today with our money lead. a monumental announcement out of the white house today affecting tens of millions of americans. president biden laying out his decision to cancel $10,000 in student loan debt for borrowers who make less than $125,000 a year. some americans could see $20,000 in relief, and this move could completely wipe out student debt for one-third of borrowers. president biden is also extending the loan repayment freeze through the rest of the year. leading democratic lawmakers are hailing the president s move today, calling it, quote, a giant step forward in addressing the student debt crisis, but some key
you don t like a hotdog? foe. why haven t you ever revealed this to me? i m a pescatarian. i don t eat hotdogs. you don t make exceptions for hotdogs. especially hotdogs. i had hotdogs. we didn t know this was where the segment was going, but no, i m not going to make an exception. i had them as a kid. all right. i m sure you all have a lot of comments. we were friends before that, apparently. the lead with jake tapper starts now. president biden finally makes his move on student loan debt. the lead starts right now. the president coming through on a campaign promise, forgiving $t $10,000 in student loans for millions of borrowers. a response from the white house as critics say it could make inflation worse and call it an insult to those who have already paid their loans. plus, bellwether races, the democrat pulling out a win in a battleground district. could this set the tone for