According to a NEWSMAX report, seven more states have stepped up to sue the Biden Administration after President Biden announced another round of student loan debt forgiveness.
Led by Missouri Republican Attorney General Andrew Bailey, the lawsuit is joined by Arkansas, Florida, Georgia, North Dakota, Ohio, and Oklahoma.
“With the stroke of his pen, Joe Biden is attempting to saddle working Missourians with a half trillion dollars in college debt,” Bailey said. “The United States Constitution makes clear that the president lacks the authority to unilaterally ‘cancel’ student loan debt for millions of Americans without express permission from Congress.”
From NEWSMAX:
In a visit to Wisconsin on Monday, Biden detailed a proposal that would cancel at least some debt for more than 30 million Americans. It’s been in the works for months after the Supreme Court rejected Biden’s first try at mass cancellation.
Biden’s first attempt at widespread student loan cancellation would have erased $10,000 for borrowers with yearly incomes of up to $125,000, plus an additional $10,000 if they received federal Pell grants for low-income students. It was estimated to cost $400 billion and cancel at least some student debt for more than 40 million people.
The Supreme Court rejected that plan last year, saying Biden overstepped his authority.
The new plan uses a different legal justification — the Higher Education Act, which allows the secretary of education to waive student loan debt in certain cases. The Education Department has been going through a federal rulemaking process to clarify how the secretary can invoke that authority.
7 More States Sue Biden Over Student Loan Relief Plan https://t.co/t1IYOhCl9A | 🔽 Read More 🔽
— NEWSMAX Money (@NEWSMAXMoney) April 9, 2024
