09 Apr '24 11:54>
Mr. Biden’s new loan forgiveness is still illegal. The High Court stressed that student loan forgiveness is a major question that requires clear authorization from Congress. But Mr. Biden seems to believe he can jam the courts by automatically forgiving debt before a judge has time to stop him.
The Supreme Court ruled last year that Mr. Biden’s cancelation of $10,000 to $20,000 per borrower exceeded his authority under the 2003 Heroes Act, which allows the executive to “modify” loan terms in an emergency. The Administration “modified” loans, Chief Justice John Roberts wrote, in the “same sense that ‘the French Revolution “modified” the status of the French nobility.’”
Mr. Biden is setting an awful precedent that Donald Trump will no doubt exploit. If courts say he can’t re-purpose defense money to build a wall on the southern border, he could simply use another means to do so. The right will cheer him on as the left is Mr. Biden. The rule of law and taxpayers are the losers.
I pulled these 3 paragraphs from WSJ article. Is the author wrong?
And note that Trump will be able to build the wall. It is like my saying all the time..."Who will stop these liberals, in their liberal quests to socialism?!?" Who will stop Trump.
https://www.wsj.com/articles/joe-biden-student-loan-forgiveness-karine-jean-pierre-supreme-court-7e74383f?mod=hp_opin_pos_1
The Supreme Court ruled last year that Mr. Biden’s cancelation of $10,000 to $20,000 per borrower exceeded his authority under the 2003 Heroes Act, which allows the executive to “modify” loan terms in an emergency. The Administration “modified” loans, Chief Justice John Roberts wrote, in the “same sense that ‘the French Revolution “modified” the status of the French nobility.’”
Mr. Biden is setting an awful precedent that Donald Trump will no doubt exploit. If courts say he can’t re-purpose defense money to build a wall on the southern border, he could simply use another means to do so. The right will cheer him on as the left is Mr. Biden. The rule of law and taxpayers are the losers.
I pulled these 3 paragraphs from WSJ article. Is the author wrong?
And note that Trump will be able to build the wall. It is like my saying all the time..."Who will stop these liberals, in their liberal quests to socialism?!?" Who will stop Trump.
https://www.wsj.com/articles/joe-biden-student-loan-forgiveness-karine-jean-pierre-supreme-court-7e74383f?mod=hp_opin_pos_1