President Joe Biden’s student loan forgiveness plan that would cancel hundreds of billions of dollars in student loan debt for Americans was struck down by a federal judge in Texas on Wednesday. U.S. District Judge Mark Pittman, a Trump appointee, said in a 26-page ruling (pdf) that the plan is “an unconstitutional exercise of Congress’s legislative power…
Texas Judge Strikes Down Biden’s ‘Unconstitutional’ Student Loan Forgiveness Plan
Federal Monthly Deficit Jumps 562 Percent as Biden’s Student Relief Costs Hit
The Treasury Department said Friday that the monthly federal deficit in September was over 500 percent higher than in the comparable month last year, with the unusually large jump due to President Joe Biden’s student debt relief costs being booked in one fell swoop. The federal agency said in a statement (pdf) that the monthly…
Biden’s Attempt to Save Student Debt Bailout From Court Challenges Won’t Work: Legal Scholar
The Biden administration’s abrupt change of course in its federal student loan debt “forgiveness” scheme is not going to help keep challengers out of court, said legal scholar GianCarlo Canaparo. “It went wrong from the very start,” Canaparo, a senior legal fellow at conservative think tank Heritage Foundation, said in an interview with NTD News….
Most Americans Support Biden’s Student Loan Handout Until They Realize It Raises Taxes: Poll
September 27, 2022
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A majority of Americans would oppose President Joe Biden’s plan to “forgive” billions of dollars of federal student loan debt if it led to higher taxes, according to a recent poll. The survey (pdf), conducted by British data company YouGov on behalf of the libertarian Cato Institute, found that 64 percent of American adults said…
22 Republican Governors Call on Biden to Withdraw Student Loan Forgiveness Plan
A group of Republican governors, led by Gov. Kim Reynolds, penned a letter to President Joe Biden on Sept. 12, saying his student loan forgiveness plan shifts the burden from the rich to “working Americans.” The letter (pdf), signed by 22 governors, notes Biden’s unprecedented debt cancellation plan means every single American taxpayer will bear…
Kids and Money: Scammers Gear up for Student Loan Cancellations
By Steve Rosen Like it or not, millions of federal student loan borrowers now have a life-changing opportunity to escape the burden of heavy debt, thanks to President Joe Biden’s debt cancelation plan. But for scammers, crooks, and other near-do-wells, the debt relief plan presents opportunities of a different kind. The same with the federal student…
White House’s Offensive Against GOP Critics of Student Debt Cancellation Could Backfire: Analysts
News Analysis The White House’s attack on Republicans for their alleged hypocrisy in taking advantage of the loan forgiveness provisions of the Paycheck Protection Program (PPP) while opposing President Joe Biden’s student loan forgiveness for to up to 43 million Americans is highly misguided, according to a GOP lawmaker and experts. PPP was an emergency…
White House Reveals How Biden’s Massive Student Loan Handout Will Be Paid For
White House officials have suggested that President Joe Biden’s student loan debt cancellation program will be fully funded by a reduction in the federal deficit, potentially further exacerbating the government’s spending revenue. Biden announced last month that he would cancel as much as $20,000 in federal student debt for Pell Grant recipients and $10,000 for other borrowers making less than…
Ep. 55: The Mar-a-Lago Affidavit: Even WSJ Doesn’t Think It Justifies the Raid | The Larry Elder Show
August 30, 2022
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According to The Wall Street Journal’s editorial on Aug. 26, the heavily redacted version of the FBI affidavit doesn’t justify the raid of Donald Trump’s Mar-a-Lago home. “It’s possible the redactions in the 38-page document release contain some undisclosed bombshell. But given the contours of what the affidavit and attachments reveal, this really does seem…
LIVE 12 PM ET: NTD News Today Full Broadcast (August 30)
A hearing coming up, on former President Trump’s request for a neutral person to review materials the FBI took from his home. But does news from the Justice Department undercut his request? The Biden administration wants to forgive billions of dollars of student loan debt. But it’s not clear yet who exactly is going to…
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