2024-04-09 10:00:47
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.
It’s past time to call this what it is. Joe Biden is trying to buy the votes of college students with our tax dollars.
The media is going along gleefully.
The Associated Press reports:
In a visit to Wisconsin on Monday, Biden detailed a proposal that would cancel at least some debt for more than 30 million Americans. It’s been in the works for months after the Supreme Court rejected Biden’s first try at mass cancellation.
Biden called the court’s decision a “mistake” but ordered the Education Department to craft a new plan using a different legal authority. The latest proposal is more targeted than his original plan, focusing on those for whom student debt is a major obstacle…
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…
The widest-reaching provision aims to reset student loan balances for borrowers who have seen their debt grow because of unpaid interest. It would cancel up to $20,000 in interest for Americans who now owe more than they originally borrowed. That cap wouldn’t apply for individuals who make less than $120,000 a year or couples who earn less than $240,000 and also are enrolled in an income-driven repayment plan.
Watch Biden brag about going around the Supreme Court:
Biden brags about ignoring the Supreme Court on his scheme to unilaterally cancel student loan debt: “That didn’t stop us” pic.twitter.com/JfWolVGiC0
— RNC Research (@RNCResearch) April 8, 2024
FOX News legal analyst Gregg Jarrett called this out:
GREGG JARRETT: They’re inventing a different, runaround, the Supreme Court decision. In so doing, Joe Biden is brazenly defying the law, and then he has the audacity, the arrogance to brag about it, admitting recently, yes, the Supreme Court blocked my plan, it’s illegal. But then he said, quote, that won’t stop me. You know, no amount of lawlessness is beyond Joe Biden by dictate. What he’s really doing is shredding the Constitution. He changed his method of loan forgiveness in the latest plan. But the same legal principles that make it unconstitutional, still apply. 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. So this is a stunning act of contempt. Biden says he doesn’t care about the separation of powers, the law or the Constitution. So I sort of ask you here: who’s the dictator? Who’s the threat to democracy?
Here’s what this is all about:
NBC: Biden is hemorrhaging votes among Americans under 30 pic.twitter.com/vRO4bSUwdb
— RNC Research (@RNCResearch) April 9, 2024
Joe Biden’s 2024 campaign is quickly devolving into simply pandering to various groups he needs in order to win. That’s his choice, but he shouldn’t be allowed to use our tax dollars to do it.
Featured image via YouTube.
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