The White House issued a veto threat against a GOP-backed resolution to scrap the administration's student loan forgiveness plan.

Republicans are seeking to overturn the forgiveness program, which is currently tangled up in court, using the Congressional Review Act, which gives Congress the authority to dismantle certain regulations within a set time frame. If President Joe Biden deploys his veto power, it will mark his fourth time doing so.

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"This resolution is an unprecedented attempt to undercut our historic economic recovery and would deprive more than 40 million hard-working Americans of much-needed student debt relief. If enacted, H.J. Res. 45 would weaken America's middle class," the White House said in a statement of policy.

Under the student loan forgiveness plan announced last year, borrowers with an annual income of $125,000 or less can have up to $10,000 in federal student loans canceled, while those who received Pell Grants during their schooling can have up to $20,000 wiped out.

Liberals celebrated the move with much fanfare. The administration leaned on the 2003 HEROES Act, which bestows executive power to relieve student loan debt in times of national emergency or war — in this case, the COVID-19 pandemic. Biden has been winding down emergency pandemic initiatives.

Last November, a lower court in Texas halted the program amid pending legal challenges. The Supreme Court is expected to rule on its legality within the coming weeks. The White House estimates that over 40 million people can benefit from the program, and the Congressional Budget Office pegged its cost at $400 billion.

"Nearly 90% of the relief provided by the Department of Education would go to Americans earning less than $75,000 per year," the White House added. "Americans should be able to have a little more breathing room as they recover from the economic strains associated with the COVID-19 pandemic."

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Rep. Bob Good (R-VA) and Sen. Bill Cassidy (R-LA) announced the legislation in March. Republicans have had success at passing resolutions under the Congressional Review Act through the House and Senate to Biden's desk.

So far, Biden has been forced to veto legislation to nix a Labor Department rule that would permit retirement plan managers to consider environmental, social, and governance factors, known as ESG, in investment decisions. Then, a rollback in the administration's "Waters of the United States" and, most recently, he vetoed a bill to undo his administration's solar tariff waiver.