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

South Dakota Gov. Noem breaks longstanding tradition, foregoes...

January 28, 2023

Montana Republicans condemn ‘hate-filled’ remarks by transgender Rep....

April 23, 2023

Post Stroke Medical Report Clears Senate Candidate Fetterman...

October 19, 2022

Israel knows location of Hamas chief Yahya Sinwar,...

January 9, 2024

‘There’s always consequences’: GOP rebels plot mutiny against...

December 17, 2024

Trump, Harris neck and neck as Dems lose...

October 21, 2024

Elon Musk poised to occupy White House office...

January 14, 2025

US officials see fall of Assad as opportunity...

December 12, 2024

Top House Dems say they’ll join GOP to...

May 14, 2025

Maricopa County Dumps More Ballots And Will Continue...

November 16, 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

    • Poundland faces stock shortages as big brands tighten terms following £1 sale

      July 11, 2025
    • Sandbanks bubble bursts as buyers flee Labour’s ‘tax bombs’ for sunnier shores

      July 11, 2025
    • State Department to begin mass layoffs of about 1,800 employees in coming days

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration, and he’s not the only one wearing multiple hats

      July 11, 2025
    • ‘It will happen quickly’: State Dept poised to act after Supreme Court green-lights agency layoffs

      July 10, 2025
    • Hegseth tears up red tape, orders Pentagon to begin drone surge at Trump’s command

      July 10, 2025

    Categories

    • Business (8,446)
    • Investing (2,115)
    • Politics (16,003)
    • Stocks (3,199)
    • 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