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this post was submitted on 30 Jun 2023
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United States | News & Politics
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It was authorized by congress, specifically the heroes act. It gave the executive branch the power to "waive or modify loans" in reponse to a national emergency, and cornavirus was declared one. The law passed by congress explicitly gives Biden the power to do this. It'd a terrible ruling by the court. Not to mention the suing parties have no standing to begin with, and the suit never should have even gone forward on that basis in the first place.
There is no national emergency anymore. He should have acted when covid was still a thing, or when he had a democrat congress.
It was launched a year ago. It would have happened long ago if republicans hadn't sued (with absolutely no standing btw, which should have made the case dead on arrival anyways in any legitimate court). It's a part of a comprehensive plan that began with the pausing of student loan payments that started as the economy went into freefall with the pandemic. With a national emergency declared by Trump. If not for the republicans suing to stop this in fact, the forgiveness would have happened, student loan payments would have resumed for remaining loans months ago, and everything would be back to relative normalcy. Now we're trying to restart payments again with constant craziness and uncertainty because of a blatantly partisan court with no coherent judicial reasoning.