• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Trump takes aim at ‘crooked’ Biden student loan plan after Supreme Court decision: ‘Trying to buy votes’
Economy

Trump takes aim at ‘crooked’ Biden student loan plan after Supreme Court decision: ‘Trying to buy votes’

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

Former President Trump blasted President Biden’s failed student loan forgiveness plan Friday, calling him ‘crooked’ while celebrating a favorable Supreme Court decision in Biden v. Arkansas.

Trump addressed an enthusiastic crowd at the Moms for Liberty Joyful Warriors National Summit in Philadelphia. During his speech, he vilified Biden’s student loan forgiveness plan, which would have forgiven upwards of $10,000 per federal loan borrower.

Earlier Friday, the Supreme Court ruled that Biden’s student loan forgiveness plan was unconstitutional.

The plan would have canceled debt for borrowers making less than $125,000 a year. Pell Grant recipients would have been granted up to $20,000 in forgiveness.

‘[It] would have been very unfair to the millions and millions of people who paid their debt through hard work and diligence,’ Trump said during his speech. ‘Very unfair.’

‘We have a corrupt president. Very corrupt,’ the former president added. ‘But this was a way of trying to buy votes.’

The Supreme Court’s majority opinion discredited the notion that the HEROES Act would authorize loan forgiveness, dealing a significant blow to the Biden administration.

‘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 6-3 majority. 

‘Six States sued, arguing that the HEROES Act does not authorize the loan cancelation plan. We agree,’ the justice added.

Trump also alluded to the 303 Creative LLC. v. Elenis decision, which gave a Christian web designer the right to deny services to same-sex couples.

‘They also gave religious liberty, as you know…a tremendous win. Religious liberty got a tremendous win today,’ the former president said.

Fox News Digital reached out to the White House for a statement, but did not receive a response.

<!–>

This post appeared first on FOX NEWS

–>

You Might Also Like
  • China says NATO poses ‘enormous danger’ after alliance labels it an ‘enabler’ of Russia’s war
  • Biden slammed after report reveals number of grandchildren his aides instructed to say publicly: ‘Monsters’
  • White House denies secret plot to oust Karine Jean-Pierre as Biden faces more bad news
  • 5 reasons Democrats are in the lead in 2024 elections
Share
0
FacebookTwitterPinterestWhatsapp

previous post
The Second Half Equities Super Bowl
next post
A Glimpse at the Next 6 Months in the Markets

You may also like

Former Arkansas Gov. Asa Hutchinson ends Republican campaign for president...

January 17, 2024

US launches Middle East airstrikes after soldiers’ deaths: ‘This is...

February 3, 2024

Missouri AG subpoenas St. Louis mayor amid quest to remove...

March 4, 2023

Supreme Court prepares for new term by looking back, with...

October 1, 2023

Rashida Tlaib votes ‘present’ on nearly unanimous vote to condemn...

February 15, 2024

Supreme Court sharply divided over enforcing municipal homeless camping ban

April 23, 2024

Pentagon identifies US soldiers killed in Iran-backed militia attack in...

January 30, 2024

Former President Jimmy Carter to spend ‘remaining time’ at home...

February 19, 2023

Top GOP senators slam Biden admin for ‘hidden’ plans on...

November 30, 2023

Wisconsin Gov. Evers’ budget could lead to tuition hike at...

February 17, 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

    • 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
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

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

      June 27, 2024 2,632 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 2,320 views
    • 4

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

      July 10, 2024 2,302 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 (2,530)

    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

    • 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
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    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

    Bitcoin and Ethereum: Positive Week for...

    September 13, 2024

    YouTube says it removed Jordan Peterson...

    June 20, 2023

    White House staff ‘relocated’ after pro-Palestinian...

    January 14, 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