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READ: Joe Biden’s full 2022 State of the Union addressīiden highlighted the bravery of Ukrainian defenders and the commitment of a newly reinvigorated Western alliance that has worked to rearm the Ukrainian military and cripple Russia’s economy through sanctions. He must marshal allied resolve against Russia’s aggression while tending to inflation, COVID-19 fatigue and sagging approval ratings heading into the midterm elections. It was a notable show of unity after a long year of bitter acrimony between Biden’s Democratic coalition and the Republican opposition.īiden’s 62-minute speech, which was split between attention to war abroad and worries at home - reflected the same balancing act he now faces in his presidency. Watch PBS NewsHour’s special programming of Biden’s State of the Union address and Russia’s invasion of Ukraine in the player above.īiden declared that he and all members of Congress, whatever their political differences, are joined “with an unwavering resolve that freedom will always triumph over tyranny.” He asked the lawmakers crowding the House chamber to stand and salute the Ukrainians as he began his speech. inflation and deal with the fading but still dangerous coronavirus. ET: This story has been updated with additional information.WASHINGTON (AP) - Addressing a concerned nation and anxious world, President Joe Biden vowed in his first State of the Union address Tuesday night to check Russian aggression in Ukraine, tame soaring U.S. "With the stroke of a pen, the president could make massive strides to close gender and racial wealth gaps," Warren wrote in April. She noted the majority of Americans support canceling student debt and Biden needs to take action to avoid "big losses in the midterms." In April, Senator Elizabeth Warren, a Democrat who has lobbied Biden to cancel $50,000 in student loans, penned an op-ed suggesting the cancellation could help save Democrats in the midterms.
Johnson added that the president's $10,000 worth of forgiveness via the proposal is "not how you treat Black voters who turned out in record numbers and provided 90 percent of their vote to once again save democracy in 2020." "President Biden's decision on student debt cannot become the latest example of a policy that has left Black people - especially Black women - behind." "If the rumors are true, we've got a problem," Derrick Johnson, the president of the NAACP, said in a statement on Tuesday. Drew Angerer/Getty ImagesĪhead of Biden's remarks, the NAACP criticized the proposal for falling short of what Black voters-a critical voting bloc for Biden-need. Biden will deliver remarks on his proposal to cancel student loans for millions of borrowers, as well as his plan to pause student loan payments for what may be the final time. The loan repayment freeze was put in place in March 2020 during the early days of the COVID-19 pandemic, and has been repeatedly extended since.Ībove, President Joe Biden delivers remarks before signing the Inflation Reduction Act in the State Dining Room of the White House August 16, 2022, in Washington, D.C. Unlike loans, Federal Pell Grants do not have to be repaid except under certain circumstances, it said.īiden's plan also specifies that the debt forgiveness will only apply to borrowers earning less than $125,000 a year, and that the current pause on student loan payments will be extended one final time through December 31.
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kuZNqoMe4I- President Biden August 24, 2022īiden's outline of his cancellation plan explained that $10,000 in debt would be forgiven for those who did not receive Pell Grants, but those who went to college on Pell Grants could have $20,000 forgiven.Īccording to the Federal Student Aid website, Pell Grants are usually awarded to undergraduate students who show "exceptional financial need" and have not obtained a bachelor's, graduate or professional degree. In keeping with my campaign promise, my Administration is announcing a plan to give working and middle class families breathing room as they prepare to resume federal student loan payments in January 2023.
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