Free Republic

President Joe Biden touted his historic student loan forgiveness order despite significantly scaling it back just two days earlier — and bashed Republicans who opposed it. Biden called the cancellations a “game changer” before slamming members of the GOP during remarks at the Congressional Black Caucus Foundation Phoenix Awards.

If Joe Biden’s unconstitutional appropriation of hundreds of billions of dollars for his bailout of Academia ever gets to trial, it cannot stand. Standing, however, has been the big question. In order to challenge this, a plaintiff has to show real damages. Congress could easily challenge this, but Biden’s party controls both chambers and is far more interested in ceding authoritarian power than defending Congress’ institutional authority.Pacific Legal Foundation thinks they have unlocked the key to standing, however. They filed a lawsuit this morning on behalf of one Frank Garrison, arguing that Biden’s student-loan debt forgiveness plan will create a...

Rolling out a new student loan forgiveness program surely was a better thing for President Joe Biden to be talking about than the anniversary of the Kabul airport bombing that same week, but it hasn’t gone as swimmingly as the White House might have hoped. One of former President Barack Obama’s top economists was scathing in his assessment of the plan, as Jason Furman blasted it as “reckless” and “[p]ouring roughly half trillion dollars of gasoline on the inflationary fire that is already burning. Economists are still debating its inflationary impact a week later.