Democrats reveal strategy to cancel $50,000 in federal trainee loans

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Flower


A number of Democrats are advising President Biden to forgive $50,000 in federal trainee loans. The step would cost about $650 billion, and legislators state it would assist the country’s having a hard time economy. CBS News press reporter Kate Smith signs up with CBSN’s Lana Zak to go over the proposition, and how the White Home is responding to it.

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