Biden's Student Loan Scheme: Legal Overreach Exposed
Submitted by MAGA
Posted 96 days ago
**Disruption**
The Biden-Harris administration is once again showing its disregard for the rule of law as it pushes for the Supreme Court to allow its controversial student loan cancellation plan to advance, despite a lower court ruling blocking it.
Solicitor General Elizabeth Prelogar filed an emergency appeal to temporarily lift the injunction set by the Eighth Circuit Court of Appeals, which had sided with Republican attorneys general challenging the plan.
The Saving on a Valuable Education (SAVE) plan was implemented in 2023 following the Supreme Court’s rejection of Biden’s prior sweeping student loan forgiveness initiative. Under the SAVE plan, payments are set to decrease from 10 percent to 5 percent of discretionary income, with full forgiveness for some borrowers.
This controversial plan has raised concerns among many, as critics argue that it oversteps the bounds of executive authority, a sentiment echoed by Republicans who remind the administration that any significant financial legislation should go through Congress.
Prelogar defended the Biden administration’s position, claiming that the appeals court’s ruling was based on a "demonstrably erroneous theory of standing."
However, many on the right see this as yet another example of the Biden administration trying to bypass legislative procedures to fulfill a campaign promise that lacked transparency and legal backing.
In the words of Missouri Attorney General Andrew Bailey, the government’s aggressive tactics to overturn the Eighth Circuit's sound ruling should be unequivocally rejected by the Court.
As the government seeks to push its agenda through what many are calling dubious legal maneuvers, Americans are left to grapple with the ramifications of such policies on the economy and the integrity of legal and financial institutions.
In a time when fiscal responsibility should take precedence, one must question whether Biden and Harris are prioritizing the needs of hardworking Americans or catering to a political agenda that continues to accumulate debt and distrust.
With the upcoming election, voters will be closely observing these developments, likely weighing the implications of such administrative actions on their personal finances and the larger economic landscape.
Sources:
thepostmillennial.com
dailycallernewsfoundation.org
usnews.com
The Biden-Harris administration is once again showing its disregard for the rule of law as it pushes for the Supreme Court to allow its controversial student loan cancellation plan to advance, despite a lower court ruling blocking it.
Solicitor General Elizabeth Prelogar filed an emergency appeal to temporarily lift the injunction set by the Eighth Circuit Court of Appeals, which had sided with Republican attorneys general challenging the plan.
The Saving on a Valuable Education (SAVE) plan was implemented in 2023 following the Supreme Court’s rejection of Biden’s prior sweeping student loan forgiveness initiative. Under the SAVE plan, payments are set to decrease from 10 percent to 5 percent of discretionary income, with full forgiveness for some borrowers.
This controversial plan has raised concerns among many, as critics argue that it oversteps the bounds of executive authority, a sentiment echoed by Republicans who remind the administration that any significant financial legislation should go through Congress.
Prelogar defended the Biden administration’s position, claiming that the appeals court’s ruling was based on a "demonstrably erroneous theory of standing."
However, many on the right see this as yet another example of the Biden administration trying to bypass legislative procedures to fulfill a campaign promise that lacked transparency and legal backing.
In the words of Missouri Attorney General Andrew Bailey, the government’s aggressive tactics to overturn the Eighth Circuit's sound ruling should be unequivocally rejected by the Court.
As the government seeks to push its agenda through what many are calling dubious legal maneuvers, Americans are left to grapple with the ramifications of such policies on the economy and the integrity of legal and financial institutions.
In a time when fiscal responsibility should take precedence, one must question whether Biden and Harris are prioritizing the needs of hardworking Americans or catering to a political agenda that continues to accumulate debt and distrust.
With the upcoming election, voters will be closely observing these developments, likely weighing the implications of such administrative actions on their personal finances and the larger economic landscape.
Sources:
thepostmillennial.com
dailycallernewsfoundation.org
usnews.com
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