New Bill Could Pave the Way Toward Banning Student Debt Cancellation
New Bill Could Pave the Way Toward Banning Student Debt Cancellation
Forty-five million student debtors need to see this and get very, very loud," the Debt Collective said.
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The Debt Collective named Sen. Chuck Schumer (D-N.Y.), Rep. Hakeem Jeffries (D-N.Y.), Sen. Maria Cantwell (D-Wash.), Sen. Tammy Duckworth (D-Ill.), and Rep. Rick Larsen (D-Wash.) as particularly responsible for the language.
I'd sure like to know how they decided on this list, because at least Schumer and Duckworth were both actively calling on Biden to cancel debt via executive action.
You're telling me these people might be procorporate trash in disguise?? No. No I won't believe it. /s
I mean, that's one interpretation, but Biden's initial stab at cancellation probably wouldn't have happened without Schumer getting on board and making it less just "Warren calling for stuff she wants". Harder to dismiss it as progressive fringe when the majority leader keeps calling for it.
My interpretation is that them being "responsible" is just a list of the Democratic leaders in each chamber and the expected sponsors rather than them actually making the edit. Flood their phone lines for sure, because they're the ones who can shut it down (and arguably should have noticed and shut down without needing outside watchdogs), but I think it's pretty obvious this was a Republican insertion. Even if they didn't believe in debt cancellation, it's still a good campaign issue for them and they could just rely the courts and filibuster to block their performative efforts.
Super easy to dismiss when it was shot down. Procorporate Democrats are champions at fighting for lost causes and accidentally fumbling easy wins.
44 Democrat senators voted to block the rail strike. Fuck that procorporate trash.