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Transcripts For CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20240707

desantis, picked charlie crist, a former republican himself, as their nominee this fall. also, new details surrounding former president trump s handling of classified material. cnn learned overnight that the national archives told trump s legal team months ago that it wanted intelligence agencies to conduct a damage assessment on more than 700 pages of documents found at mar-a-lago. we ll get into that. also, a big announcement expected today from the white house, sources say president biden could cancel up to $10,000 in federal student loan debt for some borrowers and extend that moratorium, the pause on loan payments through the midterms. much more on that ahead. we have got our correspondents in florida and new york covering all the angles of tuesday s primary. let s begin this morning in new york with cnn national correspondent jason carroll. jason, you were out there yesterday as voters were going to the polls. you ve got new york s 19th congressional district offeri

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Transcripts For CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell 20240707

so mj, we know the biden administration has been debate thg plan for months. why did they decide to do it? this is an announcement that has been in the works for so many months now, and the white house officially confirming earlier today some key details cnn reported earlier this week. let me walk you through those top headlines you just mentioned. as you said, $10,000 in debt forgive ness for people who make less than $125,000 a year, and then if you are a pell grant recipient, that amount goes up to $20,000. there is also going to be a pause that currently exists for loan payments for people. that was set to expire, remember, on august 31st. that is being extended one final time until the end of this year, and that s how people who are going to be paying back loans, that payment is going to be capped at 5% of their monthly income. now, as with a lot of policy announcements that come out of this white house, this doesn t have everything that some democrats and some advocat

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Transcripts For CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell 20240707

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

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Transcripts For FOXNEWS The Story With Martha MacCallum 20240707

borrower. it s a game-changer. we re also fixing what is called this has been the bane driving me crazy when i was out of office. this program forgives student loans to encourage students with loans if they go into public service. think of the millions that are. public school teachers. local police officers, workers at local charities, members of the military and national guard. think of the folks that work for federal, state, local governments, responding to national disasters. all of the firefighters and cops. the program is designed so that if you serve in one of these jobs you ll be able to actively assist 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. too many people give up. think of a service member, deferring their student loan payment while they re deployed. the system is so restricted t

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Transcripts For MSNBC Hallie Jackson Reports 20240707

we re also fixing what s called this has been the bane of driving me crazy when i was out of office the public service loan forgiveness program. this program forgives student loans to encourage those students who had those loans if they go into public service. think of the millions who are. public school teachers, local police officers, workers at local charities, members of the military and the national guard, and so many more. think of the folks who work for federal, state, local, governments keeping essential services going, responding to natural disasters, firefighters and cops, the program is designed so that if you serve in one of these jobs, you will be able to list those, 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 forgiven. it s a great idea but the program is a mess. so inefficient and complicated too many people give up. think of a service member that defers their

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