Calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.
Summary
This resolution calls on the President to take executive action to cancel up to $50,000 in federal student loan debt for borrowers. Further, it encourages the President to (1) ensure that borrowers have no tax liability from the debt cancellation, (2) ensure that the debt cancellation helps close racial wealth gaps, and (3) pause student loan payments and interest accumulation on federal student loans for the duration of the COVID-19 (i.e., coronavirus disease 2019) pandemic.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
President
Introduced Feb 4, 2021
Last action Feb 4, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 4, 2021
Committee
Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Feb 4, 2021
Introduced
Introduced in House
lower
1 primary · 67 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ayanna Pressley
DDemocratic
Co
Adam B. Schiff
DDemocratic
Co
Adriano Espaillat
DDemocratic
Co
Al Lawson, Jr.
DDemocratic
Co
Alan S. Lowenthal
DDemocratic
Co
Albio Sires
DDemocratic
Co
Alcee L. Hastings
DDemocratic
Co
Alexandria Ocasio-Cortez
DDemocratic
Co
Alma S. Adams
DDemocratic
Co
André Carson
DDemocratic
Co
Andy Levin
DDemocratic
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