that little should be read into legislative inaction because there are countless reasons why a bill may not end up becoming a law.But to the extent this logic applies, these failed legislative efforts are surely significant. Consider House Republicans’ first proposal for raising the debt limit, thewhich took aim at multiple Biden administration student loan policies.
” If enacted, the bill would have also prohibited the secretary of education from using regulations or executive actions that were “economically significant” and “would result in the increase in a subsidy cost resulting from a loan modification” to implement the student assistance title of the Higher Education Act. While that bill passed the House, its attempts to limit the preexisting authority of the secretary of education went no further.
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