July 1, 2023

Political update

Guardian - Joe Biden vowed the “fight was not over” on Friday after the US Supreme Court ruled against his landmark student debt forgiveness plan. . . .Biden said 16 million people had already been approved for the program, which would have given them $10,000 to $20,000 in relief. “More homes would’ve been bought, more businesses would’ve been started,” he said. Biden promised to now turn to the Higher Education Act of 1965 to restore student debt relief. He also plans to enact a 12-month repayment program that would help people with student debt avoid defaulting on their loans if they couldn’t pay and avoid years of bad credit ratings.

Daily Beast -  The feds have amassed more than 80,000 pages of evidence in their fraud and money laundering case against truth-averse freshman Rep. George Santos (R-NY), prosecutors said in court on Friday. Santos is accused of a laundry list of misdeeds, from misusing campaign funds for personal expenses to lying on official financial disclosures to fraudulently collecting COVID unemployment benefits while pulling down a $120,000 salary at an investment firm that was later shut down by the Securities and Exchange Commission for running what regulators called a “classic Ponzi scheme.” Santos, who has said the probe into his alleged crimes is a “witch hunt,” is due back in court on Sept. 7. If convicted, he faces up to 20 years in prison.

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