Hill July 20, 2024
President Biden’s promise to eliminate medical debt at a rally earlier this month was welcomed by advocates and will likely appeal to plenty of indebted voters — but it won’t be easy given Americans currently owe about a quarter trillion dollars in medical arrears.
Earlier this month in Detroit, Biden issued the campaign promise during a speech in which he laid out his plans for his first 100 days in office if he’s reelected to a second term.
“We’re going to end medical debt. By that I mean we’ve already made sure medical debt can no longer be put on your credit report. You can wipe out medical debt for pennies on the dollar,” Biden said.
Though...