Federal Court Ruling Rocks Biden
Two judges sided against the student loan forgiveness plan pushed by President Joe Biden based on a challenge from Republican-led states on Monday.
Biden promised during his 2020 campaign to transfer student loan debt from those who borrowed money to all taxpayers, but eleven states filed a lawsuit accusing Biden of usurping the power of Congress.
U.S. District Judge Daniel Crabtree in Wichita, Kansas, blocked parts of the plan moments before U.S. District Judge John Ross in St. Louis, Missouri, issued a preliminary injunction against the plan. Biden’s plot was scheduled to go into effect on July 1.
Not one, but two federal judges shut down Biden’s student loan scheme. The Supreme Court shut down Biden’s previous program, stating that only Congress has the authority to authorize such a move. Biden’s original scheme would have cost taxpayers hundreds of billions of dollars.
The desperate president tried to find a loophole, issuing another order to help certain loaners under specific circumstances. But it seemed he wanted to expand that loophole and bribe as many voters as possible.
But it was still an attempt to spend billions of dollars without Congress’s approval. That is a violation of the Constitution, according to the Supreme Court. So, lower courts were able to shut down Biden’s latest scheme.
Without this move, Biden won’t be able to win back many young voters. They turned on him over the Israel-Hamas war. His only chance to get them back appeared to involve canceling their student loans, at the cost of the taxpayer.
Biden promised during his 2020 campaign to transfer student loan debt from those who borrowed money to all taxpayers, but eleven states filed a lawsuit accusing Biden of usurping the power of Congress.
U.S. District Judge Daniel Crabtree in Wichita, Kansas, blocked parts of the plan moments before U.S. District Judge John Ross in St. Louis, Missouri, issued a preliminary injunction against the plan. Biden’s plot was scheduled to go into effect on July 1.
Not one, but two federal judges shut down Biden’s student loan scheme. The Supreme Court shut down Biden’s previous program, stating that only Congress has the authority to authorize such a move. Biden’s original scheme would have cost taxpayers hundreds of billions of dollars.
The desperate president tried to find a loophole, issuing another order to help certain loaners under specific circumstances. But it seemed he wanted to expand that loophole and bribe as many voters as possible.
But it was still an attempt to spend billions of dollars without Congress’s approval. That is a violation of the Constitution, according to the Supreme Court. So, lower courts were able to shut down Biden’s latest scheme.
Without this move, Biden won’t be able to win back many young voters. They turned on him over the Israel-Hamas war. His only chance to get them back appeared to involve canceling their student loans, at the cost of the taxpayer.
70-79, M
