Good news. As I keep saying whenever this topic comes up, even Nancy Pelosi said that Biden doesn’t have the power to do this.
FOX Business reports:
Biden’s student loan handout struck down by federal judge in TexasA federal judge in Texas struck down President Biden’s student loan handout in a Thursday night ruling.Biden’s plan, which aims 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.”Whether the Program constitutes good public policy is not the role of this Court to determine. Still, no one can plausibly deny that it is either one of the largest delegations of legislative power to the executive branch, or one of the largest exercises of legislative power without congressional authority in the history of theUnited States,” United States District Judge Mark Pittman wrote.”In this country, we are not ruled by an all-powerful executive with a pen and a phone. Instead, we are ruled by a Constitution that provides for three distinct and independent branches of government…The Court is not blind to the current political division in our country. But it is fundamental to the survival of our Republic that the separation of powers as outlined in our Constitution be preserved. And having interpreted the HEROES Act, the Court holds that it does not provide ‘clear congressional authorization’ for the Program proposed by the Secretary,”
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