By Charlotte Hazard
The Supreme Court of the United States cited former House Speaker Nancy Pelosi in the decision on Friday to strike down President Biden’s student loan forgiveness plan.
“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,'” Roberts wrote
The Supreme Court ruled 6-3 that the Biden administration does not have the authority to unilaterally cancel hundreds of billions in student loan debt.
The ruling was a major rebuke of President Joe Biden’s political efforts to court young voters with large college debts, and sets a fresh battle ahead of the next presidential election.
Student loan forgiveness was a political issue that Biden ran on during his 2020 election campaign. The Supreme Court ruled that the White House does not have the authority to wipe out hundreds of billions of dollars in student loan debt unilaterally and without any congressional involvement.
I think it was pretty stupid to waste the Supreme Court’s time on something so clearly cut and dried. The Office of the President can’t spend money it doesn’t have and the Office of the Presidency can’t just conjure up money to spend. Like most Democrats, it seems, idiot Biden thinks money just appears and commitments disappear on a whim. Idiot Biden never had the authority to forgive $430 billion in loans and should have known this before he made stupid promises.
You want to forgive student loans? Go to the colleges and universities awash in cash and get it from them. THEY are who inflated the costs of useless degrees. Ding THEM, not the over-burdened taxpayers.