BOOM! Election 'buy your vote' gimmick by Biden GONE! 'Supreme Court Strikes Down Biden’s $430 Billion Student Loan ‘Forgiveness’ Plan'

The Supreme Court struck down President Joe Biden’s student loan forgiveness plan on Friday, ending a $430 billion debt writeoff that critics said had been a Biden midterm election gimmick

‘As Breitbart News reported last fall: “Over the summer, Biden announced his decision to forgive up to $20,000 in student debt for Americans making less than $125,000 a year. The president announced details of his plan on social media, describing it as a “campaign promise” to give “working and middle-class families breathing room” on student loans.”’

‘The plan was criticized for attempting to evade Congress’s power to control spending and debts, for prioritizing elite college graduates over working-class Americans who chose not to go to college, and for punishing those who paid off their loans or chose fields of study more likely to lead to finding good jobs.’

In one noteworthy passage, Roberts quoted then-Speaker of the House Nancy Pelosi (D-CA) herself, who said at the time that Biden did not have the constitutional authority to cancel student loan debts unilaterally (citations omitted):

The sharp debates generated by the Secretary [of Education]’s extraordinary program stand in stark contrast to the unanimity with which Congress passed the HEROES Act. The dissent asks us to “[i]magine asking the enacting Congress: Can the Secretary use his powers to give borrowers more relief when an emergency has inflicted greater harm?” … The dissent “can’t believe” the answer would be no. … But imagine instead asking the enacting Congress a more pertinent question: “Can the Secretary use his powers to abolish $430 billion in student loans, completely canceling loan balances for 20 million borrowers, as a pandemic winds down to its end?” We can’t believe the answer would be yes. Congress did not unanimously pass the HEROES Act with such power in mind. … As then-Speaker of the House Nancy Pelosi explained:

“People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.” Press Conference, Office of the Speaker of the House (July 28, 2021).

All this leads us to conclude that “[t]he basic and consequential tradeoffs” inherent in a mass debt cancellation program “are ones that Congress would likely have intended for itself.” … In such circumstances, we have required the Secretary to “point to ‘clear congressional authorization’” to justify the challenged program. … And as we have already shown, the HEROES Act provides no authorization for the Secretary’s plan even when examined using the ordinary tools of statutory interpretation—let alone “clear congressional authorization” for such a program.

In her dissenting opinion, Justice Elena Kagan — the former dean of Harvard Law School, responsible for provoking hefty student loan debts among graduates — said that the Court had “exceed[ed] its proper, limited role in our Nation’s governance” — though she seemed unconcerned that the president had done exactly that.

Robert addressed Kagan’s strident argument in his own opinion, noting: “It has become a disturbing feature of some recent opinions to criticize the decisions with which they disagree as going beyond the proper role of the judiciary. … Reasonable minds may disagree with our analysis — in fact, at least three do. … We do not mistake this plainly heartfelt disagreement for disparagement. It is important that the public not be misled either. Any such misperception would be harmful to this institution and our country.”’

SOURCE:

https://www.breitbart.com/politics/2023/06/30/supreme-court-strikes-down-bidens-430-billion-student-loan-forgiveness-plan/