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MSNBCW Deadline July 5, 2024

it is topsy-turvy live news event kind of day. case in point, in a matter of about two minutes, we expect to hear from president biden. he will address the nation live on a number of topics, not the least of which is the abrupt stepback our country took today away from fairness and progress toward intolerance and discrimination. the conservative supreme court ruled 6-3 in favor of a colorado web designer, an evangelical named lori smith who refused to work on same sex weddings. the court said that the first amendment protected her from punishment. and it is a turning point decision that will flip the state of equal protections on its head and allow business owners to likewise evade punishment under similar laws in 29 states. and in the longer term, it could again signal a threat to the landmark decision of the 2015 case establishing the case of same sex couples to marry. and if you are wondering of the same sex couple, what they are doing, after being denied basic human ....

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CNNW The July 5, 2024

6-3, the new numbers reshaping american life. the lead starts right now. 40 million americans will not get the student loan forgiveness president biden promised them after the supreme court rejects his plan. and the president says it is unforgivable. then a key ruling on lgbtq rights and freedom of speech involving a wedding website designer and the state of colorado. what it means for anti-discrimination laws across the country. plus as millions of americans plan to take to the roads and skies this holiday weekend, a look at what cities are experiencing turmoil after days of delays. and welcome to the lead. i m abby philip in for jake tapper. today we begin with our law and justice lead. at moment now president joe biden will address the nation after the supreme court today issued two major rulings. one that blocks president biden s student loan forgiveness program rejecting a program that would have delivered debt relief to millions of americans. and the other rul ....

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FOXNEWSW Your July 5, 2024

neil: demand all they want. the supreme court has ruled against the president s loan forgiveness program. a lot of folks not happy about that. there s options to make the payments more affordable or come up with some other solution. we re expecting to hear from the president of the united states on that. welcome. i m neil cavuto. shannon bream has had a busy day. tell us what s going down. let s talk about the student debt relief program that the supreme court 6-3 said cannot move forward. the chief justice had this to say. that s what the court found here. they said essentially they re waiving away $430 billion in executive loans. dissenting justice kagan said the statute does give the secretary broad authority to relieve a national emergency s effect on borrower s ability to relieve. the secretary did that. clearly the two sides saw this differently. the bottom line strawberry that program, which the president had expressed it being illegal, the speaker of the h ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

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 a ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

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 compl ....

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