Posted on 08/28/2024 12:43:50 PM PDT by lightman
On Wednesday, the United States Supreme Court handed down a decision to not reinstate President Joe Biden’s federal student loan forgiveness plan.
In a brief order, the High Court denied an emergency request filed by the Biden administration to lift a nationwide injunction on the plan that was put in place by a federal appeals court this year.
BREAKING: The Supreme Court just ruled against Biden on his plan to unilaterally use tax dollars to cancel student loan debt
... Again pic.twitter.com/jzQsjzORZC — Greg Price (@greg_price11) August 28, 2024
According to several outlets, there were no noted dissents.
The Saving on a Valuable Education (SAVE) plan was issued in July 2023. A previous plan by the Biden administration to forgive student loans was blocked by the Supreme Court. Many conservative states, led by Missouri, challenged the Biden administration’s newer effort (via NBC News):
The new proposal has several provisions, including one that would cap the amount people have to repay for undergraduate loans at 5% of their incomes. Previously the cap was 10%.
Challengers say it would require spending up to $475 billion that was not authorized by Congress. They say it should be blocked for the same reason that the Supreme Court blocked Biden’s earlier plan.
“This is a HUGE victory for the working Americans who won't have to foot the bill for the Biden-Harris Ivy League bailout,” Missouri Attorney General Andrew Bailey wrote on X.
🚨BREAKING: The Supreme Court unanimously upheld our court order BLOCKING @KamalaHarris and @JoeBiden' illegal student loan cancellation scheme.
This is a HUGE victory for the working Americans who won't have to foot the bill for the Biden-Harris Ivy League bailout. pic.twitter.com/iK8G1yORHt — Attorney General Andrew Bailey (@AGAndrewBailey) August 28, 2024
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Reportedly, the states sued in April to block the plan. They argued that the Biden administration’s “assertion of unfettered authority to cancel every penny of every loan is staggering.” Additionally, the states noted that federal agencies cannot initiate policies of this nature without having authorization from Congress.
A federal judge in Missouri ruled that one provision of the plan could be put on hold. After, the 8th U.S. Circuit Court of Appeals halted the entire plan.
Reportedly, more than 8 million people are enrolled in the SAVE program.
The Washington Post noted that the case could be appealed to the Supreme Court again this fall, that is, if the appeals court rules quickly.
More winning!
SOCTUS?....................
In the DEM's version of baseball, they get as many strikes as they want until the other side gives up due to fatigue. Pretty much explains the voter mentality in the US.
Yes another stabbing to socialism keep up the good work.
Another swing, another miss. And now kamala is on deck. Hopefully the rino class won’t grant her an intentional walk.
Soctus, soctus. Soctus Dominus Deus Sabbaoth.
Typically ignored by pervocrats.
Duns Scotus?
Fedzilla is such a joke anymore, especially to itself. We all recognize it. Have you ever worked at a large innavigable company too big for its own good? Crushed under enormous debt and the service of that debt outpaces its revenues? It's painful to watch and be part of. Eventually departments become animalistic, full of finger pointing, blame, inflated self assessments, empty promises, and dodging creditors. Now imagine that situation where the departments have guns, tanks, digital attack squads, bombs, snipers, and the only banking system.........
5 gallon pails, ammo, rice, beans, antibiotics, morphine, blood-stop, and observation nests. You're gonna need em.
BIDEN DOESN’T GIVE A RAT’S REAR END WHAT SCOTUS SAYS!
Ah, what a shame. LOL
Go SCOTUS, rub it in, pour salt on it...
Look, it’s important for working class families to pay for deadbeat students working on their PhD’s in gender studies in order to feel the joy of helping their betters, right? /s
“SOCTUS”. could be a slip by the typist.
OR, It is what the 8 million hopeful deadbeats are feeling’
Th court has “Socked us.”
Sock it to me, sock it to me, yeah!
Best news of the day.
They promise this every 4 years, and then OOOPSIE! The court says we can’t!!
And the young skulls full of mush fall for it, every single time.
You would think that would make some republicans out of them right away
Too bad they did not add, BTW, tell Smith he is disbarred for practicing in court without warrant.
Since when did the Dems care about the law? Biden is already announcing another vote grab by issuing a new loan forgiveness.
They Socked it to Bidenskyyyyyyyyyyyyy’s deadbeats.
More empty promises from Biden.
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