HYGO News Biden: The Court 'Striking Down My Student Debt Relief Program Was A Mistake.'
Biden: The Court “Striking Down My Student Debt Relief Program Was A Mistake.”
#shorts Biden said, “For Republicans in Congress, this is not about reducing the deficit, it’s not about fairness and forgiving loans, it’s only about forgiving loans they have to pay. Today, the Supreme Court sided with them. I believe the Court’s decision to strike down my student debt relief program was a mistake, was wrong.”
Even Pelosi Disagreed. Supreme Court Trolls Nancy Pelosi in Decision Striking Down Biden’s $400 Billion Student Loan Scheme Roberts and the majority cited the former House Speaker as a reason why they decided to strike down the student loan program. Slackers looking for someone to blame should just look toward San Francisco (which Pelosi lives). As a reminder, here is video of Pelosi during a July 2021 press conference where she literally says Biden did not have the authority to cancel student loan forgiveness. Wonder how Pelosi feels about being part of the reason why Supreme Court Strikes Down Biden’s student loan bailout scheme? Pelosi said, “People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.”
The US Supreme Court on 6/30/2023 CRUSHED Joe Biden’s student loan bailout program. On 6/30/2023, the Supreme Court put the final nail in the coffin and invalidated Biden’s student loan bailout program.
Joe Biden unilaterally announced a massive forgiveness of student loans last August to buy the Gen Z-Millennial vote in the 2022 midterms. Biden canceled over $400 billion in student loans which turns out to be up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants.
Six Republican state attorneys general sued Joe Biden and argued the student loan bailout violates the separation of powers. Separately, two borrowers who did not qualify for Joe Biden’s student loan forgiveness plan (Department of Education v Brown) sued to stop the program. The Supreme Court ruled 6-3 in Biden v Nebraska that Joe Biden’s student loan forgiveness was unlawful. The 8th US Circuit Court of Appeals in November extended a block on Joe Biden’s student loan bailout plan. The DOJ then asked the Supreme Court to lift the 8th Circuit Court’s block, which they refused to do. The Supreme Court ruled 6-3 that Joe Biden overstepped his authority.
other clips of this published longer video is here: https://youtu.be/k4D8_SYTAJM Biden: The Court “Striking Down My Student Debt Relief Program Was A Mistake.”