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

Future Retirement Success

Politics

Justice Department Asks Supreme Court to Intervene and Lift Block on Biden’s Student Loan Bailout Plan

by November 18, 2022
November 18, 2022
Justice Department Asks Supreme Court to Intervene and Lift Block on Biden’s Student Loan Bailout Plan

The Justice Department on Friday asked the Supreme Court to intervene and lift the block on Joe Biden’s student loan bailout plan.

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.

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

The DOJ is asking the Supreme Court to lift the 8th Circuit Court’s block.

Reuters reported:

President Joe Biden’s administration on Friday asked the Supreme Court to lift a lower court’s order blocking his plan to cancel billions of dollars in student debt in a challenge brought by six Republican-led states.

Biden’s plan was contested by six states who argued it skirted congressional authority and threatened future state revenues. A federal judge dismissed their case for lacking legal standing, though St. Louis, Missouri-based 8th Circuit’s Nov. 14 ruling blocked the program while the states appeal the judge’s decision.

The Justice Department in a filing has now asked the high court to vacate that decision, saying it leaves millions of economically vulnerable borrowers in limbo.

The department also suggested the high court could bypass the appeals court and hear the dispute itself on an expedited basis, with a decision by the end of June.

The government is also contesting a separate ruling by a federal judge in Fort Worth, Texas, that also threatens the debt-relief program. U.S. Judge Mark Pittman on Nov. 10 found the program unlawful as he sided with two borrowers who sued because they are ineligible for the program and believe their debt “should be forgiven too.”

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 Justice Department Asks Supreme Court to Intervene and Lift Block on Biden’s Student Loan Bailout Plan appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
Trend-Followers Get the Whip, while Swing Traders Catch the Ride (Free)
next post
Welcome to Reality: Sad Liberal Twitter Employee Who Smarted Off to Elon Musk Is Fired

You may also like

“I Vote “Aye” Under Duress” – Arizona Mohave...

November 29, 2022

Papadopoulos speaks out after Durham report, slams FBI’s...

May 24, 2023

Johnny Cash monument unveiled on Capitol Hill: ‘Embodies...

September 24, 2024

Greek man convicted for sneaking onto neighbors’ properties...

October 20, 2024

Pardons, Israel, domestic terrorism and more: Biden’s plans...

January 7, 2025

Battle Brewing Between Nancy Pelosi’s Daughter And State...

November 5, 2022

Rep. Bowman says AIPAC will see ‘power of...

June 23, 2024

AOC claims Republicans will ‘trick’ Americans into identity...

April 15, 2025

Trump lawyer says he expects to make motion...

April 3, 2023

Is DC Judge Amit Mehta Purposely Rushing the...

October 12, 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

    • Jill Biden’s ‘work husband’ runs for cover as privilege protection crumbles

      June 26, 2025
    • Poll: Majority of Republicans back Trump’s strikes on Iran; most Americans fear getting dragged into war

      June 25, 2025
    • Senate Republicans look to sweeten Medicaid pot to silence dissent on Trump’s ‘big, beautiful bill’

      June 25, 2025
    • Judicial nominee shuts down ‘wildly inaccurate’ claims that he’s Trump’s ‘henchman’

      June 25, 2025
    • Tesla’s European sales fall for a fifth month in a row

      June 25, 2025
    • World leaders flock to meet with Trump at NATO Summit

      June 25, 2025

    Categories

    • Business (8,314)
    • Investing (2,072)
    • Politics (15,806)
    • Stocks (3,168)
    • 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