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Several top Democrats pushed back on Wednesday against President Joe Biden’s dismissal on Tuesday night of their proposal to forgive up to $50,000 in student loan debt.

Sens. Chuck Schumer of New York and Elizabeth Warren of Massachusetts released a joint statement defending their plan, and said student-loan forgiveness was a step that both of Biden’s predecessors in the White House had taken in the past. 

The pair expressed confidence that the president had the authority to act unilaterally, and argued their proposal would help narrow the racial wealth gap and stimulate the economy. “It’s time to details ⇒

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