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Transcripts For CNNW The 20240705

tapper. wolf blitzer is over in the situation room. have a great day. happening now, president biden just announced new action aimed at easing student debt after the u.s. supreme court blocked his loan forgiveness program. he s slamming the ruling as wrong and accusing republicans of hypocrisy. we re also following the fallout from the high court s other major decision today putting limits on lgbtq protections. the senators warn the ruling may open the door to discrimination of all sorts of protected minority groups. and growing questions right now about the fate of the russian mutiny leader yevgeny prigozhin. are kremlin spies plotting to kill him as ukraine s intelligence chief claims? i ll ask top white house official john kirby about that and much more. welcome to our viewers here in the united states and around the world. i m wolf blitzer, and you re in the situation room. we begin with today s one-two punch by the u.s. supreme court, decisions limiting lgbtq protect

Transcripts for CNN The Situation Room With Wolf Blitzer 20240604 21:06:00

ppp loan forgiveness program in congress but opposed this student debt relief program, and that ultimately is going to be the way forward. beyond this student loan repayment pathway that the president is going to pursue, he made clear that s going to take a long time. so in the meantime this is going to become a political battle and something the president is going to use as a rallying cry in particular to try and motivate young voters ahead of the 2024 election. jeremy, standby. joan, get back to this other case, the case out of colorado also a 6-3 decision. what was the majority s rationale for what was clearly a roll back for lgbtq rights? the majority rule for a website designer who does not want to serve same-sex couples and cast the entire dispute as a pure free speech one but arose against the backdrop of colorado s public accommodations law that says that businesses cannot discriminate against someone on the basis of sexual orientation. but neil gorsuch writing for the

Transcripts for CNN The Situation Room With Wolf Blitzer 20240604 21:04:00

the president saying he s going to pursue student loan forgiveness through another means, through the higher education act of 1965. this is a pathway that progressives have been calling for the president to pursue should the supreme court invalidate this. and the president also laying out other steps in response to this ruling including a 12-month repayment off-ramp on-ramp rather where interests will continue to accrue on student loans but buyers will face no impact on their credit or face default if they miss payment in 12 months. and finally the department finalalizing the income based student repayment program which will lower that repayment from 10% of income to 5% of income for individuals who apply. the president s advisers say it s too early to say whether this new student loan repayment pathway will impact as many americans, up to 40 million americans that could have seen their loans forgiven under this new plan. but the president making clear even as he has previously

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