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House Debt Plan Would Mean Higher Ed Spending Cuts

Education Secretary Miguel Cardona on Wednesday blasted the House Republicans’ proposed plan to lift the debt ceiling. The plan would block the administration from forgiving student loans and calls for cuts in federal spending.

“Speaker [Kevin] McCarthy declared that he will force a catastrophic default and plunge America into recession unless he can claw back school relief dollars and prevent millions of hardworking Americans—including over 83,000 borrowers in his own district—from getting the student debt relief they need coming out of the pandemic,” Cardona said in a statement.

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