• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Biden says SCOTUS ‘misinterpreted the Constitution’ after blocking student loan handout, hits Republicans
Economy

Biden says SCOTUS ‘misinterpreted the Constitution’ after blocking student loan handout, hits Republicans

by July 1, 2023
by July 1, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

President Biden said that the Supreme Court ‘misinterpreted the Constitution’ after it blocked his student loan handout plan, and also announced changes being made to student loans.

Biden made the comments on Friday afternoon from the White House after the Supreme Court struck down his administration’s student loan plan.

The 6-3 decision held that the secretary of education cannot cancel more than $430 billion in student loan debt under federal law.

During his speech, Biden hit Republicans, who he says blocked his student loan handout plan from being implemented.

‘They said, no, no, literally snatching from the hands of millions of Americans thousands of dollars in debt relief that was about to change their lives. You know, these Republican officials just couldn’t bear the thought of providing relief for working class, middle class Americans. Republican state officials sued my administration attempting to block relief, including millions of their own constituents,’ Biden said.

He also touched on actions that his administration is taking on student loans, such as the creation of a new income-driven repayment plan and the initiation of a rule that would be aimed at ‘opening an alternative path to debt relief for as many borrowers as possible.’

‘The Secretary’s plan canceled roughly $430 billion of federal student loan balances, completely erasing the debts of 20 million borrowers and lowering the median amount owed by the other 23 million from $29,400 to $13,600,’ Chief Justice John Roberts wrote for the majority opinion. ‘Six States sued, arguing that the HEROES Act does not authorize the loan cancelation plan. We agree.’

Biden’s plan aimed to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans.

The Supreme Court on Friday also ruled in favor of web designer Lorie Smith, ruling in a 6-3 decision that she’s not legally required to make websites for gay marriages, with the majority opinion stating that doing so would violate her Christian beliefs and free speech rights.

‘Consistent with the First Amendment, the Nation’s answer is tolerance, not coercion,’ Justice Neil Gorsuch wrote in the majority opinion. ‘The First Amendment envisions the United States as a rich and complex place where all persons are free to think and speak as they wish, not as the government demands. Colorado cannot deny that promise consistent with the First Amendment.’

Fox News’ Anders Hagstrom, Chris Pandolfo, Bill Mears and Shannon Bream contributed to this report.

Adam Sabes is a writer for Fox News Digital. Story tips can be sent to Adam.Sabes@fox.com and on Twitter @asabes10.

This post appeared first on FOX NEWS
You Might Also Like
  • Biden repeatedly claimed Hunter did ‘nothing wrong’ prior to special counsel appointment
  • Trump says guilty verdict is a ‘scar’ on New York justice system, vows to ‘keep fighting’
  • GOP senators raise concerns over ‘suddenly’ reassigned director at the Department of Energy
  • Venezuela’s Maduro faces political meltdown: Rivals claim election ‘fraud’ proof, police crackdown on protests
Share
0
FacebookTwitterPinterestWhatsapp

previous post
UN’s global ammunition framework worries Second Amendment advocates: ‘It is never going away’
next post
State Department’s Afghanistan withdrawal review blames Trump, Biden administrations: ‘Painful lessons’

You may also like

Vermont Senate passes bill protecting providers of abortions, trans procedures...

March 18, 2023

San Francisco supervisor Hillary Ronen begs for more police in...

March 20, 2023

White House wants Congress to spend six times more on...

August 11, 2023

Biden says Dems, GOP ‘remain committed’ to bipartisan solutions following...

October 5, 2023

Cotton probes DOD on security risks of Chinese-owned tutoring company...

February 16, 2024

Most global leaders at UN General Assembly find common trend...

September 22, 2023

Matt Gaetz allegations of ‘sexual misconduct,’ ‘improper gifts’ probed by...

June 18, 2024

Pro-life group urges GOP to avoid ‘ostrich strategy,’ target Dems...

June 3, 2024

DNC policy platform slammed over ‘explicit’ Title IX protections for...

August 20, 2024

House Speaker Johnson launches fundraising hub to grow GOP House...

March 7, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,309 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    House Dem warns AI could be...

    August 12, 2023

    300 miles of Hamas subterranean terror...

    November 2, 2023

    Kirby unsure of ‘dollar figure’ of...

    January 27, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here