• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy RFK blames Supreme Court student loan handout smackdown on Biden’s ‘failure’
Economy

RFK blames Supreme Court student loan handout smackdown on Biden’s ‘failure’

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

Democratic presidential candidate Robert Kennedy, Jr. took aim at President Biden Friday over his ‘failure’ to unite Congress, insisting it led to the ‘predictable’ Supreme Court decision to strike down the president’s student loan forgiveness plan.

‘The unfortunate SCOTUS ruling striking down President Biden’s student loan forgiveness program was the predictable result of Biden’s failure to bring Congress together on this issue of crucial importance to young Americans,’ Kennedy said in a statement shared with Fox News Digital.

‘President Biden knew his plan wouldn’t survive a legal challenge. His plan gave the appearance of action while accomplishing nothing. 

‘This is an issue of grave importance to our country. As president, I will galvanize public support to pressure Congress to put down their partisan positions and legislate meaningful relief to the tens of millions of Americans who are drowning in student debt.’

Kennedy said he would also ‘take steps to reduce education costs for students,’ suggesting that college could ‘be virtually free’ in the United States if government ‘devoted even a fraction of our military budget to higher education.’

‘When I was their age, a college education cost about one-seventh of what it is today. A young person could work their way through college and graduate debt-free,’ he said. ‘If we devoted even a fraction of our military budget to higher education, it could be virtually free to all (as it is in many other countries).

SUPREME COURT RULINGS LIKELY TO INTENSIFY CALLS FROM THE LEFT TO ‘PACK’ THE COURT

‘Funding higher education is not an entitlement program, it is an investment in America’s future, just as with infrastructure and environment. Let’s invest in America’s young people instead of in the forever wars.’

Kennedy’s remarks came a few hours after the high court, in a 6-3 decision, ruled that the White House lacked the legal authority to provide billions in federal loan forgiveness for borrowers, absent clear authorization from Congress.

The move by the Supreme Court will prevent more than 40 million low- and middle-income borrowers from receiving $10,000 in federal loan forgiveness under the Biden administration’s plan and is a major defeat for the president on one of his key 2020 election campaign promises.

Originally announced by Biden from the White House in August, the plan would have canceled $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year and up to $20,000 for Pell Grant recipients.

While Kennedy expressed concern over the Supreme Court’s ruling, Republican presidential candidates like Sen. Tim Scott, R-S.C., and former Vice President Mike Pence applauded the court’s decision.

Fox News’ Paul Steinhauser contributed to this report.

Kyle Morris covers politics for Fox News. Story tips can be sent to kyle.morris@fox.com and on Twitter: @RealKyleMorris.

This post appeared first on FOX NEWS
You Might Also Like
  • GOP pushes for stripping Columbia’s accreditation status after campus unrest
  • Biden says Republicans are ‘undermining’ the US military
  • Federal judge deals another blow to Minnesota copper-nickel mine proposal
  • New presidential rankings place Obama in top 10, Reagan and Trump below Biden
Share
0
FacebookTwitterPinterestWhatsapp

previous post
GOP presidential candidates spar over calls to impeach Biden for alleged meddling in Hunter investigation
next post
What to expect for your travels this Fourth of July weekend

You may also like

IDF troops raid Hamas compound, seize weapons cache from hidden...

May 21, 2024

The Case for Bringing Back Neckties (and Classical Liberalism)

November 29, 2022

Hunter Biden paid Joe Biden from account for biz that...

December 5, 2023

‘Radical feminist’ groups break with Biden, join GOP in support...

April 20, 2023

Biden appears to mix up Ukraine and Gaza in meeting...

March 2, 2024

The dollar index is close to testing the September low

September 16, 2024

Luna’s bid to force Garland to hand over Biden-Hur tapes...

July 11, 2024

5 reasons Democrats are in the lead in 2024 elections

January 17, 2024

House Dems defend Jeffries as Left’s disarray over Biden grows

July 10, 2024

Republican Senators bash Biden’s $6B Iran deal in push to...

October 9, 2023

    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

    • The V Reversal is Impressive, but is it Enough?

      May 9, 2025
    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025

    Popular Posts

    • 1

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

      June 27, 2024 2,633 views
    • 2

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

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,321 views
    • 4

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

      July 10, 2024 2,303 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,531)

    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

    • The V Reversal is Impressive, but is it Enough?

      May 9, 2025
    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,531)

    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

    Johnson bucks GOP privacy hawks in...

    April 11, 2024

    Ramaswamy calls Hunter Biden gun charges...

    September 15, 2023

    10 Democrats Vice President Kamala Harris...

    July 22, 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