back. president biden getting heat from the right and left over report he plans to pause student loan repayment. carley: cheryl casone is here. cheryl: good morning, the president going to extend student loan moratorium to allow 43 million borrowers to not make payments on student loan debt. this was supposed to end may 1, republicans say the nation cannot afford to allow nonpayment of $1.6 trillion in debt, it is unfair tax boarden on taxpayers. aoc tweeted, i think the extension is savvy politics, i don t think those folk understand the panic and disorder it causes folks to get close to deadline to extend the uncertainty. we should cancel them. cheryl: let s just cancel the
U.S. Sen. Michael Bennet is pressing President Joe Biden to extend the moratorium on federal student loan payments through the end of the year as other Democrats do the same.