Q: forgave student debt $400 billion cost A: We are confident in our legal authority


#shorts On 6/26/2023, a reporter asked White House press secretary Karine Jean-Pierre, “When President Biden forgave student debt, the administration booked a $400 billion cost that added to the deficit at the end of last fiscal year. How does the administra- — administration plan to look at this issue, given the pending Court decision? Will you book the deficit reduction and debt forgiveness? Or will it stay in hopes of challenging the ruling?

KJP: So, look, I’m not going to get ahead of the ruling. Right? We — we are — we’re — we are very confident that we are — that the law is on our side here. And — and so certainly not going to get it ahead of what is going to happen and what the Supreme Court is going to — is going to rule. We are confident in our legal authority, as we’ve said over and over again. And as you all know, and I think I’ve said this before, the Soli- — Solicitor General made a compelling argument before the Court, so we’re certainly not going to get ahead of this decision.

other clips of this published longer video is here: https://youtu.be/QxU28PuSfgM
Q: forgave student debt $400 billion cost A: We are confident in our legal authority

,