Senate blocks Biden's student debt forgiveness plan in narrow vote.

The Senate passed a measure to overturn President Biden's student debt relief plan, which would have given up to $20,000 in loan forgiveness to 40 million borrowers. The measure passed with the help of moderate Democrats and is expected to be vetoed by the White House. The debt relief is estimated to cost taxpayers $400 billion, and reversing course on the relief would reduce the deficit by $320 billion over 10 years. Republicans claim the measure is an act of fairness to American taxpayers, while liberals argue that overturning it would be disruptive and confusing for borrowers.