House Republicans pass resolution to overturn student loan forgiveness, Biden vows veto

House Republicans passed a resolution to overturn President Joe Biden's student loan cancellation plan, which would cancel up to $20,000 in federal student loans for 43 million Americans. The White House has vowed to veto it, and the Supreme Court is currently considering the plan's fate. The GOP's latest challenge employs the Congressional Review Act, which allows Congress to undo recently enacted executive branch regulations. Passing a resolution requires a simple majority in both chambers, but overriding a presidential veto requires two-thirds majorities in the House and Senate.