Similar Stories to Senate Bill Clears Hurdle To Forgive Student Loans on Bing News

Taegan Goddard, Political Wire
Sat, 03/06/2021 - 5:15am

Wall Street Journal: “The provision, added by Senate Democrats this week, would remove any tax consequences for households whose student debt is forgiven through 2025, saving them thousands of dollars. Federal law typically treats any forgiven debt as taxable income.” “The provision would make it easier for President Biden to forgive student debt through executive action, as congressional Democrats have pressed him to do.”

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