Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

NEW: Court Extends Block on Joe Biden’s Student Loan Forgiveness Plan

by November 14, 2022
November 14, 2022
NEW: Court Extends Block on Joe Biden’s Student Loan Forgiveness Plan

Another blow to Joe Biden’s midterm vote buying scheme…

Joe Biden unilaterally announced a massive forgiveness of student loans in August to buy the Gen Z-Millennial vote in the 2022 midterms.

Biden canceled up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants, NBC News reported.

The 8th US Circuit Court of Appeals on Monday extended a block on Joe Biden’s student loan bailout plan.

Reuters reported:

A U.S. appeals court has extended a block on President Joe Biden’s administration from fulfilling his plan to cancel hundreds of billions of dollars in student loan debt at the urging of six Republican-led states, a court filing on Monday showed.

The St. Louis-based 8th U.S. Circuit Court of Appeals issued an injunction barring the U.S. Department of Education from erasing student loan debt as part of Biden’s plan to deliver “life-changing relief” to tens of millions of borrowers.

The court on Oct. 21 temporarily barred Biden’s administration from discharging student loans while it considered an emergency request by the six states for an injunction. The states’ case was dismissed, though they are appealing that decision.

Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina claim Biden’s plan skirted congressional authority and threatens the states’ future tax revenues and money earned by state entities that invest in or service student loans.

Separately, a federal judge in Texas last Thursday struck down Joe Biden’s student loan forgiveness plan.

United States District Judge Mark Pittman, a Trump appointee, scolded Joe Biden in a blistering opinion.

The student loan bailout plan did not pass through Congress as Joe Biden falsely claimed – and Judge Pittman BLASTED Biden for ruling with a ‘pen and phone.’

“In this country, we are not ruled by an all-powerful executive with a pen and a phone. Instead, we are ruled by a Constitution that provides for three distinct and independent branches of government…The Court is not blind to the current political division in our country,” the judge wrote.

“But it is fundamental to the survival of our Republic that the separation of powers as outlined in our Constitution be preserved. And having interpreted the HEROES Act, the Court holds that it does not provide ‘clear congressional authorization’ for the Program proposed by the Secretary,” Judge Pittman wrote.

The post NEW: Court Extends Block on Joe Biden’s Student Loan Forgiveness Plan appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
Jeff Bezos to Give Away Most of his $124 Billion Fortune to Charities Fighting Against Climate Change (VIDEO)
next post
ARIZONA VOTERS: Check Your Ballot Status Now In Case It Needs To Be CURED – Deadline Is Wednesday

You may also like

GOP senators demand the FBI ‘repair the damage’...

February 2, 2024

Democrats DON’T CARE: “Single Largest Fentanyl Seizure In...

September 25, 2022

South Carolina becomes latest southern state to move...

May 18, 2023

RNC confirms 8 candidates to participate in first...

August 22, 2023

North Dakota bill letting teachers ignore pronouns becomes...

May 9, 2023

Moderate House Dem Jared Golden says Trump was...

June 23, 2025

Yale Law professor outlines potential Trump legal strategy...

June 8, 2024

Hezbollah is the ‘X-factor’ in looming Israel, Iran...

August 10, 2024

Judicial pushback against Trump’s agenda will likely lead...

February 13, 2025

Daily Recap Podcast 10-25-22: The Establishment is All-in...

October 25, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • A Disappointing Supreme Court Decision Weakens Online First Amendment Protections

      June 27, 2025
    • Brazil’s Supreme Court Rewrites the Rules to Censor Online Speech

      June 27, 2025
    • Trump secures record-shattering $1.4B for political war chest; will be ‘dominant force’ for GOP in midterms

      June 27, 2025
    • Trump says ‘big, beautiful’ bill ‘must’ meet deadline as some Republicans waver

      June 27, 2025
    • Friday Feature: Savannah Legacy Academy

      June 27, 2025
    • The Supreme Court Is Right on Reading Opt-Outs, But That’s Not Enough

      June 27, 2025

    Categories

    • Business (8,329)
    • Investing (2,081)
    • Politics (15,837)
    • Stocks (3,174)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved