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The GOP proposes utilizing the CRA to reverse about nine months of fascination-totally free forbearance, quickly restart regular expenses, block Biden’s university student debt cancellation program of as many as $20,000 of reduction for every borrower and prevent the Instruction Section from enacting related steps in the future.
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The public coverage nonprofit as a substitute mentioned the administration need to "find a bipartisan path ahead that actually reforms the procedure," CRFB President Maya MacGuineas said in an announcement.
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