President Biden expressed disappointment on Friday after the Supreme Court ruled against his regime’s student loan plan, claiming that the Court had “misinterpreted the Constitution.”
The 6-3 decision concluded that the secretary of education lacks the authority to cancel over $430 billion in student loan debt under federal law.
US President Joe Biden condemned the Supreme Court’s ruling to block his plan to cancel $430 billion in student loan debt. Biden announced new actions to help borrowers repay loans https://t.co/WP64a3hDue pic.twitter.com/vJdTzEo25d
— Reuters (@Reuters) July 1, 2023
Speaking from the White House, Biden blamed the GOP, accusing the party of obstructing his efforts to provide relief to working-class and middle-class Americans through his student loan handout plan, Fox News Digital reports.
“They said, no, no, literally snatching from the hands of millions of Americans thousands of dollars in debt relief that was about to change their lives. You know, these Republican officials just couldn’t bear the thought of providing relief for working class, middle-class Americans. Republican state officials sued my administration attempting to block relief, including millions of their own constituents,” Biden stated.
REMINDER: Even Nancy Pelosi knows that Joe Biden “does not” have the power to bail out student loans:
“People think that the president of the United States has the power for debt forgiveness. He does not.”pic.twitter.com/mvqOGWy26P
— Tea Party Patriots (@TPPatriots) June 30, 2023
Biden highlighted other measures his administration is taking to address student loans. These include the implementation of a new income-driven repayment plan and the introduction of a rule designed to offer alternative pathways to debt relief for as many borrowers as possible.
In the majority opinion, Chief Justice John Roberts explained, “The Secretary’s plan canceled roughly $430 billion of federal student loan balances, completely erasing the debts of 20 million borrowers and lowering the median amount owed by the other 23 million from $29,400 to $13,600. Six States sued, arguing that the HEROES Act does not authorize the loan cancelation plan. We agree.”
In a 6-3 opinion authored by John Roberts, SCOTUS has nuked Biden's unconstitutional college debt cancellation scheme. https://t.co/BUYZidEpQD pic.twitter.com/iDgK0SJkrQ
— Sean Davis (@seanmdav) June 30, 2023
Biden’s original plan sought to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans.
In a separate ruling on the same day, the Supreme Court delivered a victory for web designer Lorie Smith in a 6-3 decision.
The Court determined that Smith cannot be compelled to create websites for gay marriages, as doing so would violate her Christian beliefs and free speech rights.
