g5000
Diamond Member
- Nov 26, 2011
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Obama to sign executive order capping student loan payments
The action is aimed at people who took out loans before October 2007 or stopped borrowing in October 2011. The majority of students with loans already have the option to limit payments to 10 percent of their income because of student loan legislation Obama signed in 2010 and regulations the administration adopted in 2012.
So Congress already approved legislation giving Obama this authority. I would strongly suggest reading that legislation before hauling out the tired old "bypassing Congress" meme once again.
If the dunces ever took the time to actually read some Executive Orders, they would find that a great many of them are directions by a President to the Executive branch to carry out the laws passed by Congress.
Congress will pass a law, and that law will contain instructions for the Executive to write the regulations which flesh out the law.
So how about proving Obama is "bypassing Congress" before making fools of yourselves?
"Ah, **** that! I heard one of my favorite piss pourers say it, and I drank it. My masters said it, I believe it, that settles it."
uh....that was already pointed out in the op.....
And yet you said he is "bypassing Congress". I bet the workings of all this didn't even sink into your head until I pointed it out.
Hack.
why didn't Congress make this change if it makes things so much "simpler".....?
I was right. You don't understand how our system works at all. It isn't Congress's job to make that change. It is the Executive's.

