Don’t Expect Another Trump Rally Here…yet
Rallies since February -per Axios:
Trump: 20 cities in 13 states
Ron DeSantis: 52 cities in 19 states
Nikki Haley: 39 cities in 8 states
Tim Scott: 24 cities in 7 states
Vivek Ramaswamy: 73 cities in 10 states
Why this matters: DeSantis will spend more time on the road campaigning as he tries to convince his age will make him a better president than Trump.
- Who will govern Florida while he’s traveling?
Dig Deeper: Read Axios.
(Photo credit: Ron Adar/Shutterstock.com)
Student Loan Relief 2.0
Details: President Biden announced a one-year easing into for loan repayments, during which borrowers who miss payments won’t be reported to credit bureaus, placed in default, or referred to debt collection agencies.
The 12-month “on-ramp” to repayment, running from October 1, 2023 to September 30, 2024, protects financially vulnerable borrowers who miss monthly payments during this period are not considered delinquent, reported to credit bureaus, placed in default, or referred to debt collection agencies.
The Education Department finalized a new income-driven loan repayment plan. Borrowers above a certain income threshold would be required to pay a smaller portion of their disposable income — 5 percent for undergraduates, instead of the current 10 percent — toward the loan.
Specifically, the plan will:
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- For undergraduate loans, cut in half the amount that borrowers have to pay each month from 10% to 5% of discretionary income.
- Raise the amount of income that is considered non-discretionary income and therefore is protected from repayment, guaranteeing that no borrower earning under 225% of the federal poverty level—about the annual equivalent of a $15 minimum wage for a single borrower—will have to make a monthly payment under this plan.
- Forgive loan balances after 10 years of payments, instead of 20 years, for borrowers with original loan balances of $12,000 or less. The Department estimates that this reform will allow nearly all community college borrowers to be debt-free within 10 years.
- Not charge borrowers with unpaid monthly interest, so that unlike other existing income-driven repayment plans, no borrower’s loan balance will grow as long as they make their monthly payments—even when that monthly payment is $0 because their income is low.
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Dig Deeper: Read White House Fact Sheet.
First Rule of ECSO Operation Brownsville
- The First Rule of Operation Brownsville is don’t talk about Operation Brownsville.
- The Second Rule is read first rule.
When is the next gun violence roundtable? Maybe it will include a car show.