{"database": "press", "table": "releases", "rows": [["https://www.mcconnell.senate.gov/public/index.cfm/pressreleases?ID=E15389D5-46B7-4E5E-9469-846CF385BB76", "Biden Admin. Takes Another Run At Student Loan Socialism", "2023-11-15", "2023", "2023-11", "Republican", "Senate", "KY", "Mitch McConnell", "M000355", "www.mcconnell.senate.gov", "mcconnell", "https://www.mcconnell.senate.gov/public/index.cfm/pressreleases", "scraper", "WASHINGTON, D.C. \u2013 U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding student loan socialism:\n\n\u201cToday, the Senate will vote on yet another bipartisan resolution to overturn a harmful Biden Administration regulation.\n\n\u201cIn its latest iteration, the Administration\u2019s bid for student loan socialism \u2013 its so-called \u2018Income Driven Repayment\u2019 scheme \u2013 would likely go down as the most expensive federal regulation in our history.\n\n\u201cLeading estimates predict this policy would heap a $559 billion-dollar bill onto the taxpayers over the next decade. In exchange, a majority of the high-earning borrowers who choose to take on student debt would avoid even paying back the principal they borrowed.\n\n\u201cThe Administration\u2019s plan would actually remove the guardrails that ensure federal loan relief goes to low-income households. Apparently, loyal blue-state doctors and lawyers are the most important beneficiaries of student loan socialism.\n\n\u201cWhichever way you slice it, the President\u2019s policy is a raw deal for working Americans who have made the sacrifices to pay off their student loans, or avoided debt altogether. But with taxpayers footing the bill, it\u2019s also a powerful incentive for schools to raise the cost of college even higher!\n\n\u201cA bipartisan majority of our colleagues has already rejected this socialist fever dream. And President Biden\u2019s first attempt at massive loan cancellation was struck down by the Supreme Court.\n\n\u201cBut today, thanks to the leadership of Chairman Cassidy and Senators Thune and Cornyn, the Senate has another chance to kick student loan socialism to the curb.\n\n\u201cI urge my colleagues to support their resolution later today.\u201d\n\n###", 1, "2026-03-30T01:40:41Z", "2026-04-06T18:49:58Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.mcconnell.senate.gov/public/index.cfm/pressreleases?ID=E15389D5-46B7-4E5E-9469-846CF385BB76"], "units": {}, "query_ms": 1.9437919836491346, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}