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

Future Retirement Success

Politics

RFK blames Supreme Court student loan handout smackdown on Biden’s ‘failure’

by July 1, 2023
July 1, 2023
RFK blames Supreme Court student loan handout smackdown on Biden’s ‘failure’

Democratic presidential candidate Robert Kennedy, Jr. took aim at President Biden Friday over his ‘failure’ to unite Congress, insisting it led to the ‘predictable’ Supreme Court decision to strike down the president’s student loan forgiveness plan.

‘The unfortunate SCOTUS ruling striking down President Biden’s student loan forgiveness program was the predictable result of Biden’s failure to bring Congress together on this issue of crucial importance to young Americans,’ Kennedy said in a statement shared with Fox News Digital.

‘President Biden knew his plan wouldn’t survive a legal challenge. His plan gave the appearance of action while accomplishing nothing. 

‘This is an issue of grave importance to our country. As president, I will galvanize public support to pressure Congress to put down their partisan positions and legislate meaningful relief to the tens of millions of Americans who are drowning in student debt.’

Kennedy said he would also ‘take steps to reduce education costs for students,’ suggesting that college could ‘be virtually free’ in the United States if government ‘devoted even a fraction of our military budget to higher education.’

‘When I was their age, a college education cost about one-seventh of what it is today. A young person could work their way through college and graduate debt-free,’ he said. ‘If we devoted even a fraction of our military budget to higher education, it could be virtually free to all (as it is in many other countries).

SUPREME COURT RULINGS LIKELY TO INTENSIFY CALLS FROM THE LEFT TO ‘PACK’ THE COURT

‘Funding higher education is not an entitlement program, it is an investment in America’s future, just as with infrastructure and environment. Let’s invest in America’s young people instead of in the forever wars.’

Kennedy’s remarks came a few hours after the high court, in a 6-3 decision, ruled that the White House lacked the legal authority to provide billions in federal loan forgiveness for borrowers, absent clear authorization from Congress.

The move by the Supreme Court will prevent more than 40 million low- and middle-income borrowers from receiving $10,000 in federal loan forgiveness under the Biden administration’s plan and is a major defeat for the president on one of his key 2020 election campaign promises.

Originally announced by Biden from the White House in August, the plan would have canceled $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year and up to $20,000 for Pell Grant recipients.

While Kennedy expressed concern over the Supreme Court’s ruling, Republican presidential candidates like Sen. Tim Scott, R-S.C., and former Vice President Mike Pence applauded the court’s decision.

Fox News’ Paul Steinhauser contributed to this report.

Kyle Morris covers politics for Fox News. Story tips can be sent to kyle.morris@fox.com and on Twitter: @RealKyleMorris.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
GOP presidential candidates spar over calls to impeach Biden for alleged meddling in Hunter investigation
next post
MEM TV: Three Key Signals That This Market Will Go Higher

You may also like

Top 5 moments from Kamala Harris’ first interview...

August 30, 2024

JUST IN: Senate Votes 62-37 to Advance Bill...

November 16, 2022

GOP lawmaker rips Biden’s ‘weak’ foreign policy record...

July 17, 2024

Israel launches massive airstrikes on downtown Gaza City,...

October 10, 2023

NY prosecutor eyeing Trump has faced repeated criticism...

March 20, 2023

The Impeachment Bistro: Republicans continue to keep impeachment...

September 4, 2023

Revealed: FTX Was Funding Biological Weapons Shelters While...

November 26, 2022

EXCLUSIVE: Trump warns major Dem against move that...

February 25, 2025

Get Woke, Go Broke: Disney to Begin Mass...

November 12, 2022

‘Not a conspiracy theorist’: Harris fundraiser floats idea...

September 5, 2024

    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

    • Padel club boom sees 3,200 venues built in 2024 as global popularity accelerates

      June 27, 2025
    • Sweet or taxable? M&S strawberry sandwich sparks new VAT debate

      June 27, 2025
    • Starmer thanks business for footing tax bill

      June 27, 2025
    • UK SMEs must strengthen cybersecurity as geopolitical threats escalate, warns Espria

      June 27, 2025
    • Jeremy Hunt ‘made a mistake’ targeting non-doms, says shadow business secretary

      June 27, 2025
    • Small firms raise alarm over Companies House rule change forcing profit disclosure

      June 27, 2025

    Categories

    • Business (8,326)
    • Investing (2,074)
    • Politics (15,824)
    • Stocks (3,172)
    • 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