Kennedy, Cassidy demand Biden admin withdraw rule that would transfer $147 billion in student debt to Louisiana taxpayers
May 20, 2024
May 20, 2024
WASHINGTON, May 20 -- Sen. John Kennedy, R-Louisiana, issued the following news release:
Sen. John Kennedy (R-La.) joined Sen. Bill Cassidy (R-La.), Rep. Virginia Foxx (R-N.C.) and colleagues in urging the Biden administration's Department of Education (DOE) to withdraw its proposed rule that would transfer an additional $147 billion in student loan debt to American taxpayers. If implemented, the rule would bring the total debt transferred to Americans to as much as $1 trillion . . .
Sen. John Kennedy (R-La.) joined Sen. Bill Cassidy (R-La.), Rep. Virginia Foxx (R-N.C.) and colleagues in urging the Biden administration's Department of Education (DOE) to withdraw its proposed rule that would transfer an additional $147 billion in student loan debt to American taxpayers. If implemented, the rule would bring the total debt transferred to Americans to as much as $1 trillion . . .