Biden’s blueprint includes several recently passed laws which are expected to create millions of good-paying jobs in construction, manufacturing, and other sectors.
The Biden administration introduced several new efforts to protect renters, make renting more affordable, and to increase fairness in the rental market.
Under the new plan, borrowers who earn less than roughly $30,600 a year would owe $0 a month on their federal student loans, effectively pausing them. A borrower who’s in a family of four and makes less than roughly $62,400 would also see their payments paused.
Over the past two years, the Biden-Harris administration and the Democratic-run House and Senate acted to lower healthcare and drug costs; fight climate change and reduce energy costs; invest in mental health care; and invest in American manufacturing and infrastructure.
The Democratic National Convention’s Rules and Bylaws Committee last week approved a plan for South Carolina to vote first in the 2024 presidential primary on Feb. 3, followed by Nevada and New Hampshire on Tuesday, Feb. 6. Georgia and Michigan would then follow later in the month, rounding out the first five early states on the calendar.
In the past week, two separate courts controlled by conservative judges have ruled against the Biden administration’s plan to cancel tens of thousands of dollars in federal student loan debt for millions of borrowers, putting that relief in jeopardy.