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https://constitution.congress.gov/browse/essay/artI-S9-C7-1/ALDE_00001095/
No money can be paid out of the Treasury unless it is approved by an act of Congress.
That means Uncle Jojo had no authority to forgive student loan debt.
According to the White House's argument, the President can order it himself.
Back in 1965, LBJ signed the Higher Education Act, allowing student loans. In 2003 Dubya signed the HEROES Act, which modified the earlier act to allow the Secretary of Education to waive or modify any student loan agreement for anyone who has "suffered direct economic hardship as a direct result of a ... national emergency." The President is the Secretary of Education's boss, and can direct him to do so.
Naturally, many are opposing it, presumably because they don't think this is a "national emergency" in the manner the lawmakers in 2003 intended, so it will be up to the courts to decide. Just today, a federal court put it on hold pending arguments, which was to be expected. Honestly, it could go either way, but in the meantime, 22 million people have signed up so far for $10K-$20K worth of forgiveness. Each.
Cool story bro. But it’s a Dem President doing this.Contrary to your MAGA beliefs, a President cannot be a King and there are two groups overseeing the President, the Congress and the Courts. That is part of the Republic of the United States. I know you would install your king and only your King would make all the rules in the end but the rest of us depend on the triad of Governance. In this case, the courts are trying to give congress time to react to the wishes of the People. Right now, those wishes are ignored.
Wrong or at the very least, debatable:https://constitution.congress.gov/browse/essay/artI-S9-C7-1/ALDE_00001095/
No money can be paid out of the Treasury unless it is approved by an act of Congress.
That means Uncle Jojo had no authority to forgive student loan debt.
As already statedWrong or at the very least, debatable:
In an opinion dated August 23, 2022, the Department of Justice’s Office of Legal Counsel (OLC) concluded that the Higher Education Relief Opportunities for Students (HEROES) Act of 2003, as amended, authorizes the Secretary of Education (Secretary) to relieve borrowers of the obligation to repay federal student loans.
Isn't it the President who declares a national emergency?As already stated
In 2003 Dubya signed the HEROES Act, which modified the earlier act to allow the Secretary of Education to waive or modify any student loan agreement for anyone who has "suffered direct economic hardship as a direct result of a ... national emergency."
National emergency... people who have suffered a direct economic hardship as a result.
Biden offers post-pandemic blanket forgiveness for virtually everyone who applies.
No wonder its in court.
Yup!Isn't it the President who declares a national emergency?
