REPORT: Republicans Planning Legal Strategy To Stop Biden’s Student Loan Bailout

Joe Biden’s plan to wave away billions of dollars in student loan debt is an insult to the American people.

Why should taxpayers who did not go to college pay the debts of people who did?

It’s obvious that Biden is just using this as a sort of vote buying scheme. He is trying to motivate young voters and his many supporters in higher education.

Republicans are already planning to fight it, possibly all the way to the Supreme Court.

From the Washington Post:

Republicans are readying lawsuits to block Biden’s student debt plan

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In recent days, a number of GOP attorneys general from states including Arizona, Missouri and Texas have met privately to discuss a strategy that could see multiple cases filed in different courts around the country, according to a person familiar with their thinking who spoke on the condition of anonymity to describe the confidential talks.

Other influential conservatives — including Sen. Ted Cruz (R-Tex.) and allies of the Heritage Foundation, a conservative think tank — are mulling their own options as they ratchet up criticism of Biden’s debt-relief plan, two additional people familiar with the matter said. And a conservative advocacy group founded by a major Trump donor said it would file a lawsuit against the policy. …

All of the sources cautioned that no decisions have been made — and as of Thursday morning, no lawsuits appeared to have been filed. But a legal battle could carry stark financial consequences for millions of student borrowers, who rejoiced last week after Democrats delivered on a long-standing promise to erase some of their debt.

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The possible litigation also raises the prospect of a broader, precedent-setting courtroom tussle over the scope of the president’s economic authority. Such a lawsuit could reach the Supreme Court, thrusting it back into the spotlight after it infuriated Democrats by stripping abortion protections and limiting the Environmental Protection Agency’s power to respond to climate change.

This is a battle worth fighting.

It’s even another reason for Republicans to impeach Biden if they win back the majority.

Biden has no authority to do this.

 

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