intense debates inside the white house, tons of pressure from groups. there s three key elements here. the details are very important. there are income caps to actually qualify for this loan cancellation. if you are an individual who makes under $125,000 a year or a family that makes under $250,000 a year and you have federal loans, the president is going to basically sign the ability to cancel $10,000 of those loans. there s another element that s important. $20,000 could be canceled for any pell grant recipients with federal loans. that s incredibly important as the administration has worked continuously over the course of the last several months to target this relief and target this cancellation towards lower and middle income individuals. the administration officials believe roughly almost all of pell grant recipients make $60,000 or less. they would all qualify. when you look at the loan cancellation, it would affect about 43 million borrowers if they took advantage of w
protecting them. so when it seems like this was willy-nilly, this is inappropriate. i talked about the transparency that the doj needs to provide, president trump needs to provide transparency as well. why did he have this information? what did he plan on using it for? who had access to these boxes? that needs to be clarified as well. this notion that this is executive privilege, this isn t his information. this is the president of united states information. it s a position. claiming executive privilege against another executive doesn t make sense. we re not talking about sharing this with congress or anything like that. so there s a lot of implications here. why do you think we re not hearing the same concern and exactly what you just laid out to me from the majority of members in your party that have spoken out about this? it seems their concern has been at the unprecedented nature of
this transparency fight, will that provide us a situation where the public, trump s team, can learn more about what s happened in this investigation so far? it s possible. we re already learning more from the national archives. and we could always see things play into the public filings on friday as well. a key 48 hours ahead. katelyn, thank you. joining us now is will herd of texas. he was a cia officer also. thank you very much for joining us. you said earlier this week on cnn that justice officials need to show a level of transparency that they have never shown before. as this redaction deadline appears, what do you hope is not blacked out? the why they decided to go in, what evidence they had to suggest that there was more there was additional information that president trump was hiding. understanding the motivation and the reasons behind it.
stuff was erased before there was an investigation. i think we ll have a better understanding of this. i don t think s.a.p. information was included in state department servers. so s.a.p. related information, the special access privilege information is more significant. but the question was about people protecting their own and not being idealogically consistent. if you re outraged by one, you should be outraged by the other rather than talking about a witch hunt and saying that this is the weaponization of the fbi. i also said earlier this week on cnn that saying that the fbi is being weaponized is the equivalent to find the fact that a violation of law happened is equivalent of weaponizing a fire department to put out a fire. the fbi it seems was doing their job. this was a back and forth
a little more history on the back and forth between the executive branch and president trump s folks. i think some of the best transparency so far has been from my friends at the national archives. i also want to see us getting to a point where we talk about the counterintelligence impact of this information. we know there was at least 400 pages of classified information. who all had access to these boxes that was in the president s bedroom and in his hotel? my concern is the ramifications beyond just the legal ramblings that are going back and forth between president trump and the executive branch right now. the information we got that you just noted from the national archives came because we had a trump ally reveal that just this week. we now know thanks to that revelation that in january alone, more than 700 pages of classified information were retrieved from mar-a-lago.