A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.
Latest action · Feb 8, 2021 Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S582-583)
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried. A simple resolution is the business of one chamber alone: it is not sent to the other chamber or to the President, and does not become law.
- IntroducedFeb 8, 2021
- Agreed to in SenateNot reached
Summary
This resolution calls on the President to take executive action to cancel up to $50,000 in federal student loan debt for borrowers. Further, it encourages the President to (1) ensure that borrowers have no tax liability from the debt cancellation, (2) ensure that the debt cancellation helps close racial wealth gaps, and (3) pause student loan payments and interest accumulation on federal student loans for the duration of the COVID-19 (i.e., coronavirus disease 2019) pandemic.
Cosponsors 19
Members who signed on, in the order they did. Signatures ran from Feb 8, 2021 to Apr 27, 2021, with 15 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NM | Ben Ray Luján | Original | Feb 8, 2021 |
| I-VT | Bernard Sanders | Original | Feb 8, 2021 |
| D-HI | Brian Schatz | Original | Feb 8, 2021 |
| D-MD | Chris Van Hollen | Original | Feb 8, 2021 |
| D-NJ | Cory A. Booker | Original | Feb 8, 2021 |
| D-MA | Edward J. Markey | Original | Feb 8, 2021 |
| D-MA | Elizabeth Warren | Original | Feb 8, 2021 |
| D-OR | Jeff Merkley | Original | Feb 8, 2021 |
| D-GA | Jon Ossoff | Original | Feb 8, 2021 |
| D-CT | Richard Blumenthal | Original | Feb 8, 2021 |
| D-IL | Richard J. Durbin | Original | Feb 8, 2021 |
| D-NJ | Robert Menendez | Original | Feb 8, 2021 |
| D-OR | Ron Wyden | Original | Feb 8, 2021 |
| D-OH | Sherrod Brown | Original | Feb 8, 2021 |
| D-IL | Tammy Duckworth | Original | Feb 8, 2021 |
Actions 2
Everything that happened, newest first.
- Feb 8, 2021Introduced in Senate
- Feb 8, 2021Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S582-583)
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HRES 100 | Calling on the President of the United States to take executive action to broadly cancel Federal student loan debt. | Identical bill | Feb 4, 2021 |
Subjects
Assigned by the Library of Congress. Policy area: Education.
- Cardiovascular and respiratory health
- Debt collection
- Education
- Education programs funding
- Emergency medical services and trauma care
- Government lending and loan guarantees
- Higher education
- Income tax exclusion
- Infectious and parasitic diseases
- Interest, dividends, interest rates
- Presidents and presidential powers, Vice Presidents
- Racial and ethnic relations
- Student aid and college costs
Text 1
Each version as it was printed, newest first.
- Feb 8, 2021Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov.