Obama makes White House return, Biden extends student loan moratorium
Shannon Longworth: For the 43 million of you who were gearing up to resume paying off your student loans next month, you have one less thing to worry about for the time being.
That’s President Biden’s hope as he postpones student loan payments yet again.
Now, the extension is through August 31st.
Sen. Chuck Schumer | (D) New York, Senate Majority Leader: “Students are suffering under a huge amount of debt. And to extend the moratorium is a good thing. But of course, I believe the president should go further and forgive $50,000 in student loans permanently. It’s a huge burden on so many people. College should be a ladder up. It is all too often with student debt is an anchor down.”
Shannon Longworth: In other DC news… we saw a familiar face at the White House today.
Former President Barack Obama returned for the first time in 5 years…with a sense of humor.
Former President Barack Obama: “Thank you. Vice President Biden, vice president…(laughter) That was a joke.”
Shannon Longworth: Obama was present to praise his signature Affordable Care Act — as Biden announced a change to the law…what he considers a fix for the “family glitch.” It’d allow thousands more people to get healthcare coverage through Obamacare.
Former President Joe Biden: “It directs federal agencies to continue doing everything in their power, everything in their power to expand quality and affordable health care coverage, making it easier for people to enroll in and keep their coverage, helping people better understand their coverage options and to pick … to be able to pick the best option for that family.”