Joe Biden tried to circle the wagons just before the 2022 midterms. Weeks before millions of Americans went to the polls, he announced he was forgiving billions of dollars in student loans. Many Americans were outraged. They didn’t want to have to pay off in taxes loans given to privileged students.
Now, some experts are calling out Biden’s scheme, calling it what it really was.
President of Taxpayers Protection Alliance David Williams said Tuesday that President Biden’s student loan forgiveness plan was just a strategy to get votes.
“… It’s using our tax dollars to bribe people to vote for them.” [Source: Just the News]
You’d be hard-pressed to find anyone who doesn’t agree with that. Now, the Supreme Court is hearing arguments from two cases concerning Biden’s student loan scheme. Old Joe’s lawyers are trying to argue they have the legal power to force taxpayers to cover the loans of college students.
Supreme Court Justice Thomas did not agree.
On Tuesday, Supreme Court justices heard arguments in two cases related to Biden’s student loan forgiveness program…
Thomas questioned Prelogar on how the cancellation of student loan debt would differ from grants Congress needs to appropriate, asking, “There’s some discussion in the briefs …. that this is in effect a cancellation of a debt, that’s really what we’re talking about, and that as a cancellation of $400 billion in debt, in effect this is a grant of $400 billion and it runs headlong into Congress’ appropriations authority.” [Source: The Post Millennial]
It doesn’t seem as if Justice Thomas is impressed with Biden’s argument on his student loan forgiveness plan. His lawyers said the HEROES Act gave the president the power to “modify” student loans during times of emergency. They are arguing that the pandemic was an emergency and that his “modification” was just canceling the loans.
That seems to be pretty shady logic. And the justices seemed to think so. Given the massive amount of money Biden is trying to “forgive” Thomas brought up a pretty important point. Congress has the power to appropriate funds. It holds the government’s purse strings, so to speak.
It takes a lot of work for Congress to approve a budget that is half as large as the amount Biden is trying to forgive. Yet he is trying to do it without the approval of Congress. Does the HEROES Act really let him do that? The Supreme Court doesn’t seem to think so.
We don’t know how the court will rule, but it doesn’t look good for Biden’s plan.
Author: Kit Fargo