'He's not canceling anything, he's transferring billions of debt from borrowers to taxpayers and under the Constitution, only Congress has the power to do that, as the Supreme Court explained in their decision.'
“He’s not canceling anything, he’s transferring billions of debt from borrowers to taxpayers and under the Constitution, only Congress has the power to do that, as the Supreme Court explained in their decision.” Joe Biden just announced that he is pushing even further on ‘forgiving’ student loan debt to the tune of billions. When talking about the issue, Biden even acknowledges that the U.S. Supreme Court told him that he didn’t have the power to do this but that he is doing it anyway.
Biden’s first attempt at widespread student loan cancellation would have erased $10,000 for borrowers with yearly incomes of up to $125,000, plus an additional $10,000 if they received federal Pell grants for low-income students. It was estimated to cost $400 billion and cancel at least some student debt for more than 40 million people…
Recent speeches by Tennessee Republican Sen. Lamar Alexander highlight a connection that has yet to be reported in the media and is yet to be understood by the young people struggling with high interest rates in the hopes of financing their college education. The Bidens are criminals. They committed many serious crimes, abusing Traitor Joe’s authority in America, in dealing with, and colluding with, the Ukraine and that needed to be looked into. Period. It would be a crime NOT to have inquired with the Ukrainians about their knowledge of the Bidens’ criminal and treasonous adventures there.But there is no doubt it would have had that effect, so his motivation can be surmised.
But that is an outright lie. Biden never claimed such authority, so the Court had no opportunity to tell him he didn’t have it. Biden’s original plan relied on a specific. The Court said he was misreading it, and it didn’t authorize him to do what he was planning. So heAs the AP story says, he “ordered the Education Department to craft a new plan using a different legal authority.
Sometimes I think you are Hunter’s unclaimed half-sister or something … I would have loved to hear you argue that Benedict Arnold was just exercising his policy preferences as regards West Point back in the Revolutionary War … Sheesh.If you think there are flaws in his interpretations of the statutes he’s relying on, feel free to point them out. Until you do, you have no right to claim they are misinterpretations.
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