Rep. Pascrell Praises Historic Student Debt Forgiveness
August 25, 2022
August 25, 2022
PATERSON, New Jersey, Aug. 25 -- Rep. Bill Pascrell Jr., D-New Jersey, issued the following news release on Aug. 24, 2022:
U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), New Jersey's only member of the tax-writing House Ways and Means Committee, today praised President Biden's historic executive action to forgive up to $20,000 of student debt for millions of young Americans. The forgiven loans will not be subject to income tax thanks to the Student Loan Tax Relief Act (H.R. 1546) . . .
U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), New Jersey's only member of the tax-writing House Ways and Means Committee, today praised President Biden's historic executive action to forgive up to $20,000 of student debt for millions of young Americans. The forgiven loans will not be subject to income tax thanks to the Student Loan Tax Relief Act (H.R. 1546) . . .