{"id":142636,"date":"2020-03-15T22:40:40","date_gmt":"2020-03-15T22:40:40","guid":{"rendered":"https:\/\/www.bnreport.com\/joe-biden-makes-u-turn-endorses-elizabeth-warrens-bankruptcy-plan\/"},"modified":"2020-03-15T22:40:40","modified_gmt":"2020-03-15T22:40:40","slug":"joe-biden-makes-u-turn-endorses-elizabeth-warrens-bankruptcy-plan","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/joe-biden-makes-u-turn-endorses-elizabeth-warrens-bankruptcy-plan\/","title":{"rendered":"Joe Biden Makes U-Turn, Endorses Elizabeth Warrens Bankruptcy Plan"},"content":{"rendered":"

Former Vice President Joe Biden is endorsing former Democratic rival Sen. Elizabeth Warrens (D-Mass.) plan to reform consumer bankruptcy laws<\/a>, including allowing relief of student loan debt, 15 years after they publicly clashed over it.<\/p>\n

Biden revealed his surprise endorsement during a digital town hall for Illinois voters on Friday night after cancelling public events due to growing fears over the coronavirus outbreak.<\/p>\n

When questioned over what steps he would take to appeal to supporters of his current rival, Vermont Sen. Bernie Sanders, if he were to win the Democratic nomination, Biden noted a portion of Warrens plan would allow student loan debt to be eliminated in bankruptcy just like other debts, and said it was \u201cone of the things that I think Bernie and I will agree on.\u201d<\/p>\n

\u201cIm going to endorse, Ive endorsed, Elizabeth Warrens bankruptcy proposal, which in fact goes further, allows for student debt to be relieved in bankruptcy, provides for a whole range of other issues that allows us to in fact impact on how people are dealing with their circumstances,\u201d Biden said<\/a>. \u201cSo theres a whole range of things we agree on.\u201d<\/p>\n

Biden reviewed Warrens bankruptcy plan and supports the proposal, ABC<\/a> reported. He is expected to speak more on the topic during Sunday nights Democratic debate.<\/p>\n

Warrens plan<\/a>, announced in January, would undo much of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 which made it more difficult to file for bankruptcy, and \u201cgive Americans a better chance of getting back on their feet.\u201d<\/p>\n

Biden had previously been a leading proponent of the 2005 bill, which was largely backed by Republicans, banking and credit card industries and passed by a GOP-controlled Congress, during his time as a Delware senator. At the time, Read More \u2013 Source<\/a>
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The Epoch Times<\/a><\/h5>\n

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Former Vice President Joe Biden is endorsing former Democratic rival Sen. Elizabeth Warrens (D-Mass…<\/p>\n","protected":false},"author":1,"featured_media":142637,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-142636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nJoe Biden Makes U-Turn, Endorses Elizabeth Warrens Bankruptcy Plan - Business News Report<\/title>\n<meta name=\"description\" content=\"Former Vice President Joe Biden is endorsing former Democratic rival Sen. 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