Senate votes to kill $400 billion student loan handout, sets up fifth Biden veto

The Senate voted Thursday to scrap President Biden’s proposal to forgive more than $400 billion in student loan debt, a vote that is expected to force Biden to issue his fifth presidential veto since taking office.

In a 52-46 vote, the Senate passed a resolution disapproving of the Department of Education rule implementing Biden's plan. The vote was successful thanks to Sens. Joe Manchin, D-W.Va., Jon Tester, D-Mont., and Kyrsten Sinema, I-Ariz., who voted with all 49 Republicans to scrap the loan bailout.

The Senate vote followed last week’s 218-203 vote in the House to kill the program that Republicans have said is unfair to Americans who either never took out student loans or paid them off.