Date: March 11, 2020

Subject: Repealing Safeguards on Taxpayer Student Loan Forgiveness Implemented by the Trump Administration

Description: This resolution, sponsored by Sen. Durbin (D-IL), would invoke the Congressional Review Act (CRA) in an attempt to repeal the strong policies of the Trump administration relating to student loans. The CRA properly allows Congress to repeal rules and regulations of the executive branch. However, the Durbin resolution would improperly allow thousands of ineligible individuals to abuse a government program which socializes the cost of select individuals' student debt. The Trump administration's reform reduces abuse of the program by clarifying definitions such as "financial harm" and "misrepresentation." The Trump administration's reform is expected to save taxpayers over $11 billion over the next 10 years. ACU supports the Trump administration's effort to combat abuse of government programs and opposes the left's quest to socialize all student loan debt.

Result: Joint Resolution Passed, 53-42

Democrat: 42 Yeas, 0 Nays, 3 Not voting
Republican: 10 Yeas, 42 Nays, 1 Not voting
Independent: 1 Yeas, 0 Nays, 1 Not voting

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