GOP senators move to overturn Biden’s student debt relief ‘gambit’
Three Republican senators are moving to overturn President Biden’s “gambit” to have taxpayers forgive around $400 billion in student loans, as the Supreme Court’s conservative majority still weighs a separate ruling on the debt cancellation.
“The Biden administration’s tuition bailout is bad public policy, and it’s unfair to people who’ve paid their college debt off by working multiple jobs or consciously meeting their obligations.”AFP via Getty Images “Where is the relief for the man who skipped college but is paying off his work truck, or the woman who paid off her loans and is now struggling to afford her mortgage? This resolution prevents these Americans, whose debts look different from the favored group the Biden administration has selected, from picking up the bill for this irresponsible and unfair policy.
Roberts and the other five conservative justices appeared to lend more credence to arguments made by six GOP-controlled states, which claimed the White House bypassed congressional approval to make the policy. Sen. Joni Ernst said the loan forgiveness amounts to a wealth transfer from “working families” to the “wealthy.”The student loan forgiveness plan hinges on the national emergency declaration Biden prolonged during the pandemic.Cassidy and 41 other US senators also authored an amicus brief to the High Court that challenged the Biden administration over the debt forgiveness. He and Sen.
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