Sandy Hook families who won almost $1.5 billion in their legal battle against Infowars host Alex Jones have offered to settle that debt for less money.
Read More Sandy Hook Families Offer To Settle Alex Jones’ $1.5B Legal Debt For $85MTag: Debt
Biden cancels $9 billion in student loan debt
with Mike Yoder
Read More Biden cancels $9 billion in student loan debtBiden’s new student loan bailout plan would cost $475B over next decade
According to the Penn Wharton Budget Model, President Joe Biden’s new income-driven repayment plan for student loans will cost $475 billion over the next ten years, which is tens of billions more than a previous proposal that the Supreme Court rejected last month.
Read More Biden’s new student loan bailout plan would cost $475B over next decadeHouse clears debt ceiling resolution in a 314-117 vote
The House has passed resolution to raise the debt ceiling.
Read More House clears debt ceiling resolution in a 314-117 voteStudent loan payments resume with debt limit agreement
The Biden administration will reportedly start collecting federal student loan payments and added interest for millions of Americans again by the end of the summer, as a result of the agreement reached by the president and House Speaker Kevin McCarthy to raise the country’s debt ceiling.
Read More Student loan payments resume with debt limit agreementMcCarthy and Biden set to complete debt ceiling agreement on Sunday
President Joe Biden and Speaker Kevin McCarthy will meet this afternoon on May 28th to finalize the debt ceiling agreement, and then Republicans will release the legislative bill, according to House Democrat Leader Hakeem Jeffries who had informed the Democrat caucus of the news in a letter on Sunday.
Read More McCarthy and Biden set to complete debt ceiling agreement on Sunday