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Transcripts for CNN At This Hour With Kate Bolduan 20240604 15:03:00

you on top of that list. good to see you. appreciate it. president biden s plan to cancel student loan debt for millions of americans is definitely getting applause today. but it is also running into criticism from both parties right now. cnn s jeremy diamond is live at the white house with more on this. jeremy, how is the white house responding to this criticism? reporter: well, we heard president biden yesterday saying he believes this is a step that is fundamentally fair and responsible, and that he says this is a plan that will help millions of people climb out from what he described as a mountain of debt, that will ultimately benefit the economy by allowing americans to instead of fobbousi focusing of paying loans, think about buying a house, starting a business, starting a family. that s how the president is handling this. there is no question the president is facing criticism from a lot of different corners including from some economists, some democratic-leaning economists

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