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Search resuls for: "CNN’s Nikki Carvajal"


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☆ Nearly 153,000 people will be notified that their student loan debt is canceled
  + stars: | 2024-02-21 | by ( Katie Lobosco | ) edition.cnn.com   time to read: +8 min
Washington CNN —Nearly 153,000 student loan borrowers currently enrolled in a new repayment plan launched by the Biden administration are expected to get an email Wednesday notifying them that their remaining federal student loan debt will be canceled, totaling about $1.2 billion. Biden’s plans to provide student debt relief were dealt a significant blow when the Supreme Court rejected his signature student loan forgiveness program last year. Nearly $138 billion of federal student loan debt has been canceled for almost 3.9 million borrowers since Biden took office. Most of the federal student loan debt cancellations that have taken place under Biden have come through programs that existed before he took office. The PSLF program cancels outstanding federal student loan debt for public-sector workers who have made 120 qualifying monthly student loan payments, or about 10 years’ worth of payments.
Persons: Biden, Joe Biden, Biden’s, “, ” Biden, he’s, Trump, Betsy DeVos, CNN’s Nikki Carvajal, Kevin Liptak Organizations: Washington CNN, Republican, Department of Education, SAVE, of Education, Office, PSLF, Corinthian Colleges, Social Security Administration, Department of Veterans Affairs, Department, Education, Social Security Locations: Culver City , California
☆ Fact check: Biden makes three false claims about his handling of classified information
  + stars: | 2024-02-09 | by ( Daniel Dale | ) edition.cnn.com   time to read: +9 min
Where the classified material was storedBiden sought to contrast his handling of classified material with that of former President Donald Trump, who faces felony charges for willfully retaining classified documents. According to the special counsel, even classified documents Biden was storing elsewhere in his home were insufficiently secure. Hur wrote that Biden notebooks containing classified information from his vice presidency were found by investigators in “unlocked drawers in the office and basement den” of the home. The classification level of the documents Biden had in his possessionBiden claimed of the documents he possessed: “None of it was high classified. Biden shared information, including some classified information, from those notebooks with his ghostwriter.” He elaborated that Biden shared classified information with his ghostwriter by reading “nearly verbatim” from his notebooks “on at least three occasions,” including his “notes from meetings in the Situation Room.”Hur did find, however, that Biden “at times” tried to avoid sharing classified information, by stopping at or skipping over certain material from the notebooks.
Persons: Joe Biden, Robert Hur, Biden, Hur’s, Donald Trump, Hur, Trump, “, Ian Sams, ” Sams, CNN’s MJ Lee, ”, Sams, weren’t, Barack Obama, ” Hur, Obama, Mr, Mark Zwonitzer, Afghanistan –, CNN’s Nikki Carvajal Organizations: CNN, ”, White, National Security, SCI, Mr, FISA, Virginia, National Security Council Locations: Lago, Biden’s Delaware, Afghanistan, Virginia, United States, “, Iraq, Delaware
☆ TSMC ups its Arizona chipmaking investment to $40 billion ahead of Biden’s visit
  + stars: | 2022-12-06 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN Business —Taiwan Semiconductor Manufacturing Company is upping its investment in the United States, announcing Tuesday that it’s building a second semiconductor factory in Arizona and raising its investment there from $12 billion to $40 billion. On Tuesday afternoon, Biden plans to visit the manufacturer’s site in Phoenix and speak about bringing jobs and investment to the state. TSMC previously announced that it was building a $12 billion facility in Arizona that will eventually manufacture 3-nanometer chips, TSMC’s most advanced technology. The White House is touting the new investments as a direct result of Biden’s economic plan, including the $200 billion CHIPS and Science Act. The facility Biden will visit Tuesday in Phoenix is slated to begin producing chips in 2024.
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