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Morning Wire

Student Loan Forgiveness & James Biden Testifies | Afternoon Update | 2.21.24

Morning Wire

The Daily Wire

News, Daily News

4.926.4K Ratings

🗓️ 21 February 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

Developing stories you need to know just in time for your drive home. Get the facts first on Morning Wire. Birch Gold: Text "WIRE" to 989898 for your no-cost, no-obligation information kit. GDefy: Get $30 off your order of $150 or more! Use promo code: WIRE at http://www.GDefy.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Birch Gold Group.

0:02.3

Diversify your savings with Birch Gold.

0:04.1

Their experts can help turn your 401k into a 401k in gold.

0:08.0

Just text wire to 989898 today.

0:10.5

I'm Georgia Howe. today.

0:13.0

I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley.

0:18.0

It's Wednesday, February 21st, and this is your Morning Wire Afternoon Update. The Biden administration announced this And this morning wire afternoon update.

0:23.0

The Biden administration announced this morning that it is unilaterally canceling 1.2 billion dollars in student loan debt.

0:31.0

The move is expected to affect at least 150,000 borrowers.

0:35.6

Daily Wire senior editor Cabot Phillips has more.

0:38.9

The White House says these borrowers specifically meet the qualifications of having taken out loans of $12,000 or less

0:44.4

than making regular payments on them for the last decade or more. A White House

0:48.7

fact sheet also says that quote for every $1,000 borrowed above $12,000, a borrower can receive forgiveness after an additional

0:55.6

year of payments.

0:57.5

Recipients of the relief are expected to be emailed a message from President Biden, saying,

1:01.0

quote, I hope this relief gives you a little more breathing room.

1:04.1

According to Education Secretary Miguel Cardona, the plan brings the total amount of

1:08.1

student debt canceled by the Biden administration to nearly $138 billion for nearly 3.9 million borrowers.

1:15.0

Hunter Biden's attorneys have filed nine motions to dismiss tax charges against their client.

1:22.0

The charges were filed by Special Counsel David Weiss in a California federal court last year.

1:27.8

Lawyers representing Hunter also claimed that prosecutors mistook a picture of sawdust

1:32.3

for cocaine, which was used as evidence.

...

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