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

Future Retirement Success

Politics

Biden says SCOTUS ‘misinterpreted the Constitution’ after blocking student loan handout, hits Republicans

by July 1, 2023
July 1, 2023
Biden says SCOTUS ‘misinterpreted the Constitution’ after blocking student loan handout, hits Republicans

President Biden said that the Supreme Court ‘misinterpreted the Constitution’ after it blocked his student loan handout plan, and also announced changes being made to student loans.

Biden made the comments on Friday afternoon from the White House after the Supreme Court struck down his administration’s student loan plan.

The 6-3 decision held that the secretary of education cannot cancel more than $430 billion in student loan debt under federal law.

During his speech, Biden hit Republicans, who he says blocked his student loan handout plan from being implemented.

‘They said, no, no, literally snatching from the hands of millions of Americans thousands of dollars in debt relief that was about to change their lives. You know, these Republican officials just couldn’t bear the thought of providing relief for working class, middle class Americans. Republican state officials sued my administration attempting to block relief, including millions of their own constituents,’ Biden said.

He also touched on actions that his administration is taking on student loans, such as the creation of a new income-driven repayment plan and the initiation of a rule that would be aimed at ‘opening an alternative path to debt relief for as many borrowers as possible.’

‘The Secretary’s plan canceled roughly $430 billion of federal student loan balances, completely erasing the debts of 20 million borrowers and lowering the median amount owed by the other 23 million from $29,400 to $13,600,’ Chief Justice John Roberts wrote for the majority opinion. ‘Six States sued, arguing that the HEROES Act does not authorize the loan cancelation plan. We agree.’

Biden’s plan aimed to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans.

The Supreme Court on Friday also ruled in favor of web designer Lorie Smith, ruling in a 6-3 decision that she’s not legally required to make websites for gay marriages, with the majority opinion stating that doing so would violate her Christian beliefs and free speech rights.

‘Consistent with the First Amendment, the Nation’s answer is tolerance, not coercion,’ Justice Neil Gorsuch wrote in the majority opinion. ‘The First Amendment envisions the United States as a rich and complex place where all persons are free to think and speak as they wish, not as the government demands. Colorado cannot deny that promise consistent with the First Amendment.’

Fox News’ Anders Hagstrom, Chris Pandolfo, Bill Mears and Shannon Bream contributed to this report.

Adam Sabes is a writer for Fox News Digital. Story tips can be sent to Adam.Sabes@fox.com and on Twitter @asabes10.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
The Supreme Court Strikes Down Biden’s Loan‐​Forgiveness Program
next post
State Department’s Afghanistan withdrawal review blames Trump, Biden administrations: ‘Painful lessons’

You may also like

Deciphering Donald Trump: How his rhetoric sends different...

February 25, 2025

An Insider’s View of the Hell Ukraine’s Military...

November 23, 2022

Look past the tributes, Joe Biden has been...

August 20, 2024

KFC Uses Kristallnacht to Sell “tender cheese on...

November 13, 2022

A Letter and a Request to Elon Musk...

November 23, 2022

Trump says Israel should hit Iran’s nuclear facilities,...

October 5, 2024

Former NY congressman lays out Dems’ years-long escalating...

July 17, 2024

Armed Black Panthers Are Reportedly Roaming Voting Locations...

December 6, 2022

Maui emergency management admin resigns day after questioned...

August 18, 2023

Good Guy With a Gun Stops Brutal Attack...

December 4, 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

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • 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