under the biden administration s plan, 43 million american borrowers would have been eligible for student loan forgiveness. 26 million had already applied. they each would have had up to 20 thousand dollars worth of loans forgiven. the plan would cost over 400 billion dollars. the court ruled that the president doesn t have the authority to simply sign off on such funds. later in the day, biden announced new actions to provide debt relief, including a 12 month on ramp payment plan. which runs from october 2023 to the end of september 2024. the white house says the plan will protect the most vulnerable borrowers from the worst consequences of missed payments. borrowers who miss monthly payments during this period will not be considered delinquent, reported to credit bureaus, placed in default, or referred to debt collection agencies for 12 months. biden condemned the court s ruling, saying it mis interpreted the constitution . here s more of what he had to say.
president biden has been listening to these calls but is in no way trying to be the tip of the spear and advocate some kind of wholesale change to the supreme court and they want to protect the integrity of the nine and the number ofjustices on the court while biting us to listen to other voices in his party on this front, he doesn t necessarily want to move in that direction. the president possible top advisers told me behind the scenes that they believe these decisions will be a lot like the abortion decision in 2022 in that it could galvanise democrats out of the 2024 presidential election and make sure the and vote for democrats next year. this was a term unveiled next past this was a term unveiled next past week and why do you think. past week and why do you think. if past week and why do you think, if you look at the potting think, if you look at the polling numbers, that s not a whole polling numbers, that s not a whole tot polling numbers, that s not a whole lo
i believe the courts decision to strike down my student belief programme was a mistake, it was wrong. i am not going to stop fighting to give them what they need especially those of they need especially those of the bottom of the economic scale. we need to find a new way and we are moving as fast as we can and i am announcing today a new path consistent with today s willing to provide student debt relief to his many borrowers as possible as quickly as possible. earlier, i spoke with bob costa, chief election and campaign correspondent at cbs news. a pleasure deftly with us and a flurry of supreme court rulings this week we saw from the faction struck down, tearing back of lgbt rights. biden student month forgiveness programme struck down so, how big of a setback to think this is been for a biden s agenda.
including house majority leader kevin mccarthy who called the student loan initiative unlawful, said today s decision would mean that americans without student loans, are no longer forced to pay for those who do. and nikki haley, one of the 2024 republican presidential candidates, applauded the court during a summit on friday. and cani and can i just and can ijust say god placed the supreme court? they are making a lot of wrongs right. we have seen it, they have made, they have corrected things on religious liberty, we are sitting there connecting things on student loans by the affirmative action is really important. the reason why it is important. the reason why it is important is because the liberals continue to try and put minorities down. around the world and across the uk. this is bbc news. bringing you different stories from across the uk. during lockdown, tamara ward, who lives in middle barton, couldn t visit her nephew dominic. it inspired her to organise the run five k ev
notjust this but is been for a biden s agenda. not just this but the trip is been for a biden s agenda. notjust this but the trip to not just this but the trip to the supreme court, 6 3,673. all of these the supreme court, 6 3,673. all of these momentous decisions under of these momentous decisions under score the majority on this under score the majority on this court under score the majority on this court and while president biden this court and while president biden has control of the white house biden has control of the white house and the democratic party has control of the us in it, it s has control of the us in it, it s the has control of the us in it, it s the republican appointed justices it s the republican appointed justices on this court, three of them justices on this court, three of them appointed by donald trump of them appointed by donald trump who will now wield real significant influence of these key aspects of american life. 673 decisions. 673 decis