Conservative Supreme Court Justice Clarence Thomas appears to be dissatisfied with the Biden administration’s student loan giveaway, if his questioning on the subject are any indicator. However, the corporate media, who were not following Thomas, assumed that Biden would be successful in pushing through loan forgiveness.
When the Supreme Court hears arguments on Biden’s student loan vote-buying plan, it is important to recall what Nancy Pelosi said: “People think the President of the United States has the power for debt forgiveness. He does not…that has to be an act of Congress.”
Democrats are exempt from the law; this is the reality. According to CNBC reports, Democrats feel they can achieve their goals despite the fact that it is detrimental to their electoral prospects.
FLASH CNBC believes Elizabeth Prelogar’s “preparation, poise, & powerful presentation before the court will sway the justices allowing Biden’s student loan forgiveness go forward. Justices interpret the & cannot be influenced by some snake oil salesman. Good luck Liz. NOT! pic.twitter.com/Tref57aslw
— Amanda Stafford (@RosannaM1970) March 2, 2023
Tuesday, the Supreme Court heard arguments in two lawsuits involving President Biden’s student loan forgiveness program. In the first lawsuit, Biden v. Nebraska, six Republican attorneys general argued that the President’s initiative exceeded his authority.
John Doughtery revealed further facts for Conservative Brief.
US Solicitor General Elizabeth Prelogar, arguing on behalf of the administration, stated that if the pause on payments is allowed to end without some sort of plan in place, “it’s undisputed that defaults and delinquencies will surge above pre-pandemic levels.”
“The states ask this court to deny that vital relief to millions of Americans, but they lacked standing to seek that result,” she also said.
Continuing, Prelogar argued further that “the states say the act doesn’t authorize the [Education] secretary to ever forgive loan principal. But the secretary’s interpretation of this text is not just a plausible reading, it’s the best reading. Congress expressly authorized the secretary to waive or modify any title for provision in emergencies to provide financial relief to borrowers.”
Thomas questioned if a cancellation of student debt might be equivalent to a waiver or adjustment. According to The Post Millennial, in response, Prelogar said that the HEROES Act, which was enacted after 9/11, allows the education secretary to adopt certain steps during a national emergency. Nevertheless, critics like as Thomas assert that the HEROES Act was intended to address situations coming from the terrorist acts of September 11, 2001, and not a pandemic twenty years later.
Thomas requested more clarification from Prelogar regarding the distinction between the cancellation of student loan debt and grants for which Congress is responsible for allocating funds.
“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,” he said.
Prelogar responded that the student loan program “doesn’t require any money be drawn from the Treasury, and so I don’t think that it strictly raises an appropriations issue.”
In the meantime, President Biden stated last week after the arguments section of the case that he was “not confident” that the loan giveaway would pass constitutional scrutiny within the boundaries imposed by a majority of judges.
More on this story via The Republic Brief:
“President Joe Biden told reporters Wednesday he is not confident the Supreme Court will uphold his executive order to cancel up to $20,000 of federal student loan debt for tens of millions of borrowers—a day after the court’s conservative majority seemed skeptical of Biden’s authority to enact debt relief,” Forbes reported. CONTINUE READING…