House Republicans Will Try to Rescind I.R.S. Funding Their first legislative move will seek to cut billions in funding that Democrats passed last year to help the agency crack down on tax cheats.
Supreme Court to Hear Case on Biden’s Student Loan Debt Forgiveness The justices left in place an injunction blocking the Biden administration’s authority to forgive up to $20,000 in debt per borrower.
Justice Barrett Rejects Plea to Stop Biden’s Student Loan Debt Plan Though the justice’s brief order gave no reasons, it was most likely based on the challenger’s seeming failure to show that it had standing to sue.
Biden Opens Applications for Student Debt Cancellation The government hopes to help tens of millions of borrowers before federal student loan payments are due again in January.
White House Student Loan Forgiveness Could Cost About $400 Billion The estimate by the nonpartisan Congressional Budget Office renewed the debate between supporters of debt forgiveness and those who say the initiative amounts to reckless spending.