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Judge Strikes Major Blow to Biden Student Loan Bailout

  • by:
  • Source: Bongino
  • 11/11/2022
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Just days after midterm elections where many analysts believe Joe Biden's student loan debt bailout played a role in boosting youth voter turnout (which went overwhelmingly Democrat), a Texas judge has blocked that very bailout. 



According to Breitbart:

President Donald Trump appointee Judge Mark Pittman ruled in favor of the conservative advocacy group Job Creators Network, which brought suit on behalf of two student loan borrowers. One of the borrowers was ineligible for Biden’s loan forgiveness program, and the other did not qualify for the entire $20,000 forgiveness.
 

The plaintiff-borrowers argued Biden’s administration violated federal law by denying borrowers an opportunity to provide public comment before rolling out the program.

Judge Pittman reasoned that “The Constitution vests ‘all legislative powers’ in Congress. This power, however, can be delegated to the executive branch. But if the executive branch seeks to use that delegated power to create a law of vast economic and political significance, it must have clear congressional authorization.”

Just last year there wasn't much question that Biden *did not* have the ability to cancel student debt with the stroke of a pen, with even Speaker Nancy Pelosi explaining to reporters at a news conference in July 2021 that “People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.”

That all raises an obvious question: did Biden know that the courts would block his bailout eventually, but pushed it anyway to "buy votes" ahead of the midterms? As we saw with vaccine mandates (among many other issues) that does seem to be the Biden administration's strategy; to simply break the law knowing that it'll take the courts months to years to catch up, by which point the damage is already done. 

Matt Palumbo is the author of The Man Behind the Curtain: Inside the Secret Network of George Soros


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