Prominent Democrats continue to urge a skeptical President Biden to cancel $50,000 in federally held student loan debt via executive action (as opposed to legislation passed by Congress).
In an interview with Yahoo Finance, Senator Elizabeth Warren (D-MA) explained why she and others believe that cancellation would have a stimulus-like effect on the U.S. economy.
“It’s going to be a huge, huge boost to our economy,” Warren, who chairs the Subcommittee on Economic Policy at the Senate…
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