Posted on 08/24/2022 1:55:22 PM PDT by 11th_VA
In July of 2021, House Speaker Nancy Pelosi said President Joe Biden does not have the executive authority to issue “debt forgiveness,” arguing that such action would be illegal and that it has “to be an act of Congress.”
“People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress,” Pelosi said July 28 at a press conference.
“The President can’t do it. So that’s not even a discussion. Not everybody realizes that. But the President can only postpone, delay, but not forgive,” she added.
She also mentioned how voters would be mad about student loan “forgiveness,”appearing to question whether such a policy would be “fair.”
Pelosi mentioned a scenario where “your child just decided they want to – at this time, not want to go to college, but you’re paying taxes to forgive somebody else’s obligations.”
(Excerpt) Read more at nationalreview.com ...
Spending is supposed to originate from the congress. She is right.
Classic case of “taxation without representation!” Neither we, nor our representatives voted on this.
How did this work out for the King of England (Boston tea party, anyone??)
It doesn’t seem that this free money should have been a Congress decision. I guess it would have been if it wasn’t for the upcoming midterm elections. President Trump couldn’t have gotten away with the crap Jo Jo the Pedophile Clown is pulling. But, when the country doesn’t have a serious unbiased media, this is the kind of commie crap you get.
In all the articles I have seen regarding Biden’s student loan forgiveness, I have not seen a single comment about the legality. Maybe I have missed it, but none of the Republican politicians asked to comment in the articles I saw even raise the point.
The Democrat Party has gone from being merely lawless to believing that its interests are the very metes and bounds in which all law must operate.
Thank you, Nancy. If only senile Sleepy Joe's handlers also understood that obvious "scenario" you described.
Instead, senile Sleepy Joe's handlers have concocted a fantastic winning election strategy for Nov 2022, comprised of two main messages for American voters:
Those are exactly the two messages that all Democrat/RINO politicians (and the MSM) will constantly spout 24/7 all the way through the November elections.
Nancy Pelosi Said President Lacks Authority to ‘Forgive’ Student DebtBut shut down pipelines, drilling etc...No problem.
This is a true statement.
Who did byedone consult with on this?
Probably no one- this came from the back
office of Susan Rice and that guy Dave
something or other and all the rest
of those progs in The White Hut.
Look at how dumb and ignorant
they are and dont even know the fact-
You gotta’ go to Congress
Jimmy Carter is the happiest man alive.
so are the lenders out the money or are the taxpayers gonna pay the loans?
“so are the lenders out the money or are the taxpayers gonna pay the loans?”
You are via your IRS taxes, and the 87,000 enforcers will make sure you pay every dime, plus some more when they audit you.
It is a purely political stunt. Nothing has changed since Nancy’s statement last year other than the chances of her keeping her job have greatly diminished. The claim of a free money handout months before the ‘22 election is supposed to entice the younger voters. The courts will then overturn the order after the election and the Democrats will run on it as a platform again in ‘24. They control the House, Senate and the White House but haven’t tried to pass it through the legislative process because they know that enough of their own party won’t go along with it. Rather than look like they failed again, they’ll do the blatantly unconstitutional Executive Order and blame the courts when it gets overturned.
I see I’m back on your ping list.
Leni told me you thought I was cute.
You do know I’m married?
5.56mm
The big boobed bimbo is right. The Resident cannot forgive because that means payment is still made, just not by the debtor. ALL spending bills must originate in the House, not the whitehut.

Who cares about a few pissed off lenders when I can generate THOUSANDS of Democratic voters!!
You know the answer: the usual suspects.
We must always remember that Rat Party Headquarters sees the Constitution as "a living document". That,of course,means that they believe that it says whatever they want it to say.
“Leni told me you thought I was cute.
You do know I’m married?”
Aw shucks, you’re off the market, lol. Cute is good.
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