Below is my column in the Hill on the latest controversy over President Joe Biden’s unilateral use of executive power. Despite an impressive list of court losses, Biden is now asserting such authority as the basis for the single largest debt forgiveness in history.
Here is the column:
In 1987, President Reagan reached a milestone in sending to Congress the first trillion-dollar budget. The size of it caused intense debate in Congress over the debt load, but an eventual “consensus” budget was reached.
What is shocking today is not simply the size of the more than $4 trillion federal budget but that President Biden just wiped out what is estimated to be $1 trillion owed to the country — the size of the Reagan budget — without a single vote, let alone approval, by Congress.
The idea of a president giving away such a fortune with the stroke of a pen should alarm every American. Not only will the massive payout likely fuel inflation but critics have objected to having working-class people subsidize the debts of college-educated citizens. Others object that it is unfair to those who sacrificed to pay off their loans or those of their children. When one such father asked Sen. Elizabeth Warren (D-Mass.) whether he would get a refund after struggling to pay off his daughter’s college education, Warren dismissed him with an “of course not.“
Some Democrats in Congress have joined Republicans in condemning the plan.
Biden knew he could never get Congress to agree to such a massive write-off, so he did not try. Instead, he acted unilaterally, and Democrats like Warren expressed euphoria, although Warren wanted five times more debt forgiveness. The former law professor saw little problem with a president giving away hundreds of billions of dollars.
As was the case under President Obama when he circumvented Congress, Warren and others are celebrating their own constitutional obsolescence.
This is not supposed to happen in a constitutional system based on shared, limited powers: The Constitution gives Congress the power of the purse, but Biden just gave away the store. James Madison described the essence of our system of separation of powers in Federalist 51 as premised on the belief that “Ambition must be made to counteract ambition.” No branch is supposed to have enough power to govern alone. Biden just did, however.
The legal basis for this action is superficial and strikingly cynical. Even House Speaker Nancy Pelosi (D-Calif.) previously stated that Biden could not unilaterally forgive such debt and would need a vote by Congress.
President Biden is using a law designed to help service members and their families deal with debt accrued in fighting for this country. The terms of the Higher Education Relief Opportunities for Students (HEROES) Act of 2003 allows the secretary of education “to waive or modify … financial assistance program requirements … affected by a war, other military operation, or national emergency.” Biden had promised to wipe out tuition debt in the campaign and simply hijacked the Act for that unintended purpose. Putting that aside, the Act ties such relief to an inability to cover such costs due to the war or emergency. The Biden plan would use the law to benefit individuals without such a showing, including many of the 40 million beneficiaries who are relatively wealthy and could pay off the loans.
The Office of Legal Counsel, considered the ultimate authority on legal interpretations in the Executive Branch, looked at this issue during the Trump administration. Its memo concluded that “the Secretary does not have statutory authority to provide blanket or mass cancellation, compromise, discharge, or forgiveness of student loan principal balances, and/or to materially modify the repayment amounts or terms thereof, whether due to the COVID-19 pandemic or for any other reason.”
The Biden Office of Legal Counsel issued a new opinion concluding the opposite, due to the ongoing pandemic — a curious argument, since the Biden administration was just in court arguing that the pandemic was effectively over, in order to allow undocumented individuals to enter the country. Citing the Centers for Disease Control and Prevention, the administration sought to stop the enforcement of Title 42, which allowed the government to turn away migrants at the border.
While the administration might find support from a lower-court judge, its argument likely will receive a chilly response from the Supreme Court.
The Supreme Court has repeatedly found that President Biden has violated the Constitution and overreached in his use of unilateral executive authority. Biden has, arguably, the worst record of court losses in the first two years of any recent presidential administration. This year, the Supreme Court blocked the Occupational Safety and Health Administration’s vaccination mandate for businesses with 100 or more employees. That followed statements by Biden’s chief of staff, Ron Klain, that the administration had found a “workaround” of the Constitution in such executive orders.
One of those losses is likely to come back to haunt the president. In West Virginia v. EPA, the Supreme Court struck down the Environmental Protection Agency’s climate control regulations in curtailing greenhouse gas emissions at coal-fired power plants. The court ruled that the “major questions” doctrine barred Biden from circumventing Congress in taking major action with large economic and political significance — sort of like an up-to-trillion-dollar federal giveaway in the middle of a recession.
Biden is fully aware of the dubious basis for this massive giveaway. However, his administration is rushing to get money out the door in October, a month before the midterm elections.
That has a certain familiarity to it.
Last year, Biden called for the CDC to impose a nationwide moratorium on the eviction of renters, despite being told by his White House counsel and friendly legal experts that the move was likely unconstitutional. It was hardly a difficult question; the Supreme Court previously indicated the claim of such power was unconstitutional. In an amazing admission, Biden recognized the overwhelming view that this was unconstitutional and told the media he hoped his administration could get as much rental assistance money out the door as possible before the eviction moratorium was stopped by the courts.
The federal courts quickly rejected his asserted authority, and the Supreme Court ruled 6-3 that the eviction order was unconstitutional.
It appears Biden is repeating a somewhat similar strategy on student debt, hoping to give billions in debt relief before an injunction stops him.
The reasons for his optimism may have nothing to do with the merits of his legal claim. In order to challenge the program, litigants need to establish standing to seek relief. The court has been hostile to such claims, including rejecting taxpayer standing. In 2007, the Supreme Court ruled in Hein v. Freedom From Religion Foundation that a group opposed to government funding of religious programs under the Faith-Based and Community Initiatives program did not have such standing.
Biden undoubtedly hopes that, despite intense opposition to this giveaway, no one can secure judicial review. If successful, he would make a mockery of the constitutional system. He would first unilaterally give away between $500 million and $1 trillion, then show that no citizen can challenge him, and no court can check his authority.
Then again, standing might be found and the courts just might be able to stop this plan.
However, Biden may still succeed if he is able to get the money out before any injunction. No one in Congress would be keen to pursue students for unconstitutionally forgiven debt.
Ironically, as figures like Warren praise Biden for circumventing Congress, she and others are rallying voters to “defend democracy.” After all, nothing says “democracy” like an exercise of one-man rule.
Jonathan Turley is the Shapiro Professor of Public Interest Law at George Washington University. Follow him on Twitter @JonathanTurley.
Exorbitant tuition costs also have other bad consequences.
Nurses – one of the most vital jobs in America. Young nurses many times have the skill, intelligence and amplitude to become doctors or surgeons but it’s not worth the financial risk so they remain nurses. They literally risk bankruptcy by improving themselves.
By the time the nurses go into extreme debt and the additional years of education, they might become doctors by age 40 or 50. If they can afford the inflated student loan costs, they may go bankrupt if they don’t land the right paying job after getting their doctor’s degree. Insurance costs for doctors are also extremely expensive.
Maybe if colleges stopped paying people like Lizzy Warren over $400,000 to teach 2 classes, college wouldn’t cost an arm and a leg. You don’t need to pay somebody to spew Progressive talking points to you…just go to her Facebook page.
So you’re saying that Turley as a professor is overpaid too. I agree.
Adolf Hitler governed Germany for 12 years pursuant to Article 48 of the Weimar Constitution, which granted extraordinary executive power in case of “emergency”. [https://en.wikipedia.org/wiki/Article_48_(Weimar_Constitution] If the Executive has the power to define “emergency”, there is no legal system left. Is it a coincidence that Mr. Biden has just declared half of Congress and the public to be “semi-fascist”? Isn’t that an emergency?
There is only one response to the German speech last night:
Estovir – very good but try this one.
Seid ihr alle Indoktriniert?
https://m.youtube.com/watch?v=LvtI5zdkzfs
😎
Bluto!! I swear he grew up to be that guy at justthenews.
Some of the arguments for cancellation:
1. Primarily debt is not cancelled; it is transferred from a singular party to the party of the whole, even including the forgiven party.
2. The statement that the cancellation will increase expenditures as a positive makes absolutely no sense. One takes from the whole, and then returns the take to the whole?
3. That there is indisputable constitutional authority given to the Executive to cancel debt.
This folks is tyranny (rule by one who has absolute power without legal right) Bing.
As someone who was receiving Pell Grants during Reagan’s 2nd term, and having him *tax that money, I’ll never look askance at an administration looking to work with people trying to claw their way through college rather than make it as tough as possible.
In regard to Turley’s attempt to equate debt forgiveness with being a ‘giveaway’ I think that’s a good discussion for a harrumphing it up cocktail party in a super high end suburb, but not a topic tethered to reality. No one is giving your money away, Jon.
I outrank you. I attended college penniless. My parents could not contribute one centavo, but my mother did send me care packages with pastelitos de guyaba, cafe cubano & chicharrones. I worked 20 hours per week all 4 years of college, double majored, and my college friends bought me drinks when we went out on weekends. Their reasoning was as follows: “We might be poor because we are on BEOG (Basic Educational Opportunity Grant aka Pell Grant), but Estovir is really poorbecause he is on SEOG (Supplemental Educational Opportunity Grant)!” I did not know anyone else who qualified for SEOG. I also skipped meals, worked full time summer jobs and used Guaranteed Student Loans. I also made Dean’s List during college. I paid every last dime after several years solo.
Biden is pandering and insulting college grads with student loans. Since they have no self-esteem nor integrity, they grovel for the loan assistance. They could always earn an income like you and troll for a living.
“I outrank you. I attended college penniless.”
Estovir, I wonder how that ranking works. I paid for all my children to go to private schools, private colleges, and private graduate schools where the state provided no grants. I declined student loans for the children as I preferred they go to those in need. (I realize now how foolish I was because my wife and I deprived ourselves in our younger years because educational costs were so high.) The public schools had extra money because my kids in higher grades didn’t utilize them. The state schools had extra slots for those in need because my kids didn’t take those slots. I didn’t apply for any assistance or use mechanisms that would have offset costs. That left more for others.
In the end, all of the children excelled in their fields, and all are published and considered experts in their respective fields. None of them take from the system, and all give back.
Pay it forward (I think was part of a movie) is what I am advocating. You became a doctor in part because of some benefits you received, though it was mostly through your own efforts and work. That affords you a higher salary today. Therefore, you should figure out your own* voluntary* way to pay it forward and keep your admirable efforts alive.
My parents did not have much money. The one reason I did not succumb to drugs, alcohol, addiction, etc was because my parents provided love at home in spades. Their love for me sustained, guided, inspired me. I thought I was very rich in the areas that it counted most. My girlfriend in college was also poor, being part Cajun from the bayous of Louisiana, and her mother was disabled. She too had very loving parents, and though she worked all throughout college, neither she nor I thought of ourselves as poor. We were very much loved on campus as well by friends and faculty. I failed to mention I was also on NDSL (National Direct Student Loans). I would not have attended college had it not been for the Federal govt. As you mentioned, I pay it forward in my vocation. Should we not all do likewise, and give as we have been given?
Your children are part of the honorable heritage that this country and Christian and Judaic based cultures instilled: hard work, as you mentioned. There is a great quote in the New Testament that does not get mentioned much but I think should:
In fact, when we were with you, we instructed you that if anyone was unwilling to work, neither should that one eat
– 2 Thessalonians 3:10
The emphasis, to me, is unwilling
I have commented often on the deadly sins of pride, gluttony and sloth.
My favorite is from Proverbs 6. Perhaps you know it:
Go to the ant, O sluggard,
study her ways and learn wisdom;
For though she has no chief,
no commander or ruler,
She procures her food in the summer,
stores up her provisions in the harvest.
How long, O sluggard, will you lie there?
when will you rise from your sleep?
A little sleep, a little slumber, a little folding of the arms to rest—
Then poverty will come upon you like a robber,
and want like a brigand.
– Proverbs 6:6-11
Here are some more great Bible verses on the importance of work
https://www.openbible.info/topics/he_who_will_not_work_shall_not_eat
” neither she nor I thought of ourselves as poor.”
Estovir, my wife never considered herself poor and never got any aid. She came here with nothing but the clothes on her back. I was more fortunate in two ways. (1) My parents were not poor, but (2) they did not treat me like I had money. I sometimes forgo the bus because I didn’t have the money for it. When married we lived in a slum, but still, we never felt deprived.
“I pay it forward in my vocation. Should we not all do likewise, and give as we have been given?”
Those who work and produce ALL pay it forward from their chosen type of work. I don’t look at physicians as a special class unless they are doing charity work that impairs their handsome income. Otherwise, they are well paid, better than if they didn’t have the degree, so they should be voluntarily paying their debt forward as well.
“In fact, when we were with you, we instructed you that if anyone was unwilling to work, neither should that one eat
– 2 Thessalonians 3:10”
Maimonides’ Eight levels of charity [Tzedakah]. It is simplistic and beautiful. Look at the highest level and how that directs one to live his life. Does one need more?
Aha! So you worked your butt off to scrape your way through college. Awesome!
Often, it’s a phenomenon that the last ones through the door are the first to slam it shut on the next group through…
I try to stay very clear from that in my own experience, which I shared a snippet of. Not enough to let you know of what my experiences actually were — but I’m glad it was enough to get your imagination going for you to try to cold read me.
Better yet, I’m honored you think my commentary here is worth getting paid for…, but truthfully I just chime in here in response to the insane levels of idiotic trumpism.
Party on!!
“Often, it’s a phenomenon that the last ones through the door are the first to slam it shut on the next group through…”
Often ? How often ?
Can you give an actual example ?
250+ years ago blacks in the US were mostly slaves, women could not vote, most had very little school and nearly no one went to college.
Today all that has changed. Sure seems like the door did not slam on “the next group”.
If you say something – if you make a factual claim, I expect that you can back it up with facts.
We live in reality.
No one is giving your money away, Jon.
I’ll leave you with one small fact and let you work it out
THE GOVERNMENT HAS NO MONEY. It only has, what it takes from its citzens under the threat of Prison
More concisely then: the government has money.
I get a visual of Curly from the 3 stooges when you speak.
The government has money – that it takes from people who earned it.
called taxes
Will it be just taxes when you are taxed at 100% ?
I seem to recall a bunch of men dressed up as indians dumping tea into boston harbor over claims that “its just taxes”.
I recall tax collectors being tarred and feathered.
I recall the minutemen of lexington and concorde shooting and killing 70 british soldiers over taxes.
You can not confiscate the property of another without justification.
Your wish for that property is not sufficient.
Your ability to use force to compel it is not sufficient.
Taxation is only justified for a legitimate purpose that can only be served by government.
That is the “social contract”
What is legitimate – for what can FORCE be justified ?
As individuals the use of force is justified in self defense. As it is for the nation as a whole.
That allows from national defense as well as criminal law enforcement.
We legitimately expect government to compel(use FORCE) each of us to keep the binding agreements we have made with each other. That is contract law.
We legitimately expect government to compel those who have actually harmed us to make us whole – that is tort law.
I can not see any other legitimate purpose for which the use of FORCE can be justified.
It there are no limits to government use of FORCE against citizens then we are slaves.
“called taxes”
ATS has the ability to provide quick but thin retorts. He is not a thinker.
Government produces very little value, for the money it takes.
The real economy creates about $1.05 in value for every $1 that it “invests” on average – some of us – such as Musk and the super productive people who make up much of the uber rich create much more value than that for every $1 they invest.
Government conversely creates about $0.25-0.35 in value for even $1 that it “invests”.
Government investment litterally makes us poorer.
“Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things. All governments which thwart this natural course, which force things into another channel, or which endeavour to arrest the progress of society at a particular point, are unnatural, and to support themselves are obliged to be oppressive and tyrannical.”
Adam Smith
Any benefit government gives top some ALWAYS comes at the expense of all.
According to the Fed – every $1 of Federal loans issued have increased the cost of college $0.60.
Even the loan you got in the 80’s required the rest of us to subsidize your interest for a while.
And worse drove up the cost of college for those that followed you.
Biden’s current stupidity is more of what is typical of the left.
First it pits people against each other.
Next it has massive moral hazard. There can be nothing stupider or more dangerous than letting people think that they can borrow money and not have to pay it back.
The moral hazard in that is enormous. It distorts values all over the place.
As just one of many bad side effects – it encourages people to borrow money for college degrees, rather than direct themselves towards non-college oportunities that would be better for them.
You can see the distortion by looking at those who are angry about this. People who made wise choices and will now have to pay for people who made poor ones.
This also thwarts and important corrective.
The remedy for increasing college costs is for people – the market to decide that the value of college is less than its cost. That is how the law of supply and demand works.
When you subsidize college loans – you delay or prevent colleges from having to adjust their prices as demand declines.
It’s all about securing the votes of Biden’s base.
Due to careless gambling with customers’ money, taxpayers bailed out the biggest banks in America after 2008. Many of those executives received “Golden Parachute” bonuses for running their companies into the ground.
Years earlier Bush gave the top 1% tax cuts creating a “regressive” tax system. This was worse than the Libertarian proposed “Flat Tax” plan – where poor and rich paid the same rate. Bush created a system where the richest 1% of billionaires paid a lower rate than most people reading this. Warren Buffet noted that he paid a lower tax rate than his secretary did.
If we can help the richest guys, why not help out students?
Why not help the Veterans who fought for our country?? Why not help the Seniors, who worked their asses off for our country. No, instead, lets reward the indoctrinated students who hate America and capitalism, because they want they took gender studies and can’t pay the loans that THEY signed for. It’s a joke. Joe Biden is a joke.
RE:”Why not help the Veterans who fought for our country?? ” Why do you ask when you’ve answered your own question in your last sentence? He, and the others of his ilk who have total contempt for the intelligence of an electorate, dumb enough to raise them to high office. They don’t have to. That’s why not.
Ashcroft’s Zersetzung: Like you, I didn’t like the fact we bailed out big banks in 2008. We should have let them fail. I believe the economy would have survived and we would be stronger today.
However, I don’t agree with you assessment of the Bush tax cuts. Those cuts, as with all others as far as I know, actually ended up increasing government revenue as a result of the increases in employment the tax cuts spurred in the private sector. So yes, I believe when you help the richest guys you help all people and that it results in a much greater net benefit to society than it would be to have them giving more money to our highly inefficient government.
Ashcroft. ALL of that was through legislation. That is the debate. Stop beating your favorite dead horses and get on topic
“. . . bailed out the biggest banks in America after 2008.”
And yet the Left wants a repeat of exactly the same type of “bailout.”
What kind of institutions do you think hold the debt to those student loans? Contrary to what some are asserting here, those loans are not held by colleges and universities. They already got paid. That student debt is currently held by large *financial* institutions.
If bailing out those financial institutions in 2008 was bad, why is it good now?
Thank you.
As an exercise in moral degeneration, it is macabrely interesting to see Biden transform from a non-entity into a demagogue.
Turley uncorked. +1000
He does these things all the while denigrating half the nation as the foremost threat to the Constitution intent on “destroying American democracy”. Hollow Joe truly is lamebrained and uncomprehending.
A background soaked in blood-red, with military standing dutifully at attention.
If that doesn’t give you the chills, nothing will.
He doesn’t have the rank and file USMC.
Sam,
The question I keep coming back to, is who in his admin thought that was a good idea/optic?
Is it supposed to make him look more presidential? If so, epic fail.
As more than a few have noted, looked more like something out of Dante’s Inferno (h/t HullBobby), V For Vendetta, or Germany late 1930s.
It is as if they did it by design?
And declaring MAGA as a threat to democracy? So, everyone who voted for Trump in 2020 is now a threat to democracy? Not exactly the way to win the hearts and minds of some 70 million or more Americans.
If it was to speak to his base Dems, okay?
So much for unity.
“[W]ho in his admin thought that was a good idea/optic?”
The wannabe fascists pulling his strings, e.g., Jarrett, Rice, Klain — and behind them, Obama.
If you were making $20,000 annual gross income in the 1970’s or 1980’s, today you would have to make $80,000 to $100,000 annual income to beat inflation from most college tuitions.
If you made $50,000 annual gross income in that time period, you should be making $200,000 to $250,000 per year in income to stay ahead of inflation from college tuition. The older generation is not facing the same price gouging as kids are these days.
Congressman Rand Paul paid $2,910 per year in 1984 (441% increase today), Congressman Bill Cassidy paid $450 per year in 1979 (526% increase), Joe Manchin paid $232 per year in 1970 (457% increase) and Richard Blumenthal paid $2,900 in 1973 (216% increase).
Since you are a beloved propagandist of last night’s rendition of Mein Kampf by Joe Biden, see if you can pull your strings with the Big Guy and deliver…
Lavern Spicer 🇺🇸
@lavern_spicer
Can we get a copy of Biden’s speech in the original German?
8:43 PM · Sep 1, 2022·Twitter for iPhone
Ashcroft’s Zersetzung: Maybe I missed it one of your posts, but are you totally unaware of the fact that it is in large part these government loans that have created the exaggerated inflation in the cost of college education?
Cancel ALL debt. Why not?
Lovely scene setting for Biden’s speech but Leni Riefenstahl did it much better. She would say you aren’t supposed to drop the mask of sanity so completely.
At least Biden settled who the Fascists really are just by his staging for this in-the-hell-fire chat…the staging and the censorship, and the arbitrary public arrests, and the lawless searches, and the seizures, and the threats, and the lawless power grabs, and the show trials, and much more evil.
The best part was when someone with a bullhorn yelled “F… Joe Biden!”
I think a lot of us feel that way today.
I do.
“Leni Riefenstahl did it much better.”
Great reference!
“On 14 June 1940, the day Paris was declared an open city by the French and occupied by German troops, Riefenstahl wrote to Hitler in a telegram:
“‘With indescribable joy, deeply moved and filled with burning gratitude, we share with you, my Führer, your and Germany’s greatest victory, the entry of German troops into Paris. You exceed anything human imagination has the power to conceive, achieving deeds without parallel in the history of mankind. How can we ever thank you?'”
(https://en.wikipedia.org/wiki/Leni_Riefenstahl)
Liked the Leni Riefenstahl reference. Frightening how much it was similar. And yes she did it much better.
A black conservative American compared Joe Biden to Hitler, to a dictator, to a fascist. He should be very worried that Merrick Garland will send his FBI people after him.
Biden’s speech, laced with a hero FJB heckler audible in the background, was an epic disaster.
“..during this speech a speech that ironically has a backdrop that looks like i don’t know a backdrop that hitler would give a speech to okay or somebody that’s actually really a dictator or a fascist would uh give a speech to okay like it’s eerie red with you know
military the marines behind it um yeah this guy actually looked like a dictator and sounded like a dictator”
Biden and the National Socialist Democrat Party are the greatest threat to the Republic.
“enemies foreign and DOMESTIC”
Careful Biden. Threatening at a minimum 75 million citizens with 700 million guns is reckless.
If you had gone to Vietnam you would understand what a man and a rifle can do.
The remedy for tyrannical government is the 2nd Amendment.
If taxpayers can give away (more) money to those richer than Trump (top 1% income earners), why not help out students from decades of price gouging by colleges? Over 40 years, college tuition has inflated more than worker paychecks. It would be nice to also help out blue collar workers that didn’t attend college, since they pay taxes also.
When Bush inherited the last balanced budget from Bill Clinton, Bush and the GOP-controlled Congress then gave the top 1% a huge tax cut – without paying it! Bush just put the bill it on our children’s and grandchildren’s “national credit card bill”. Bush essentially reduced the nation’s paycheck (tax revenue) then put it on the credit card.
This liberal-spending nearly collapsed the American economy and stock market. Then the U.S. taxpayers bailed out the biggest banks in America that mismanaged their banks.
If we can help the richest 1% of billionaires, why not help college students?
[source: film “Inequality for All” in 2013 starring Conservative Alan Simpson, Warren Buffet and Bill Clinton’s Labor Secretary, Robert Reich.
From the updated HEROES ACT OF 2022.
“ WAIVERS AND MODIFICATIONS.—
(1) IN GENERAL.—Notwithstanding any other provision of
law, unless enacted with specific reference to this section, the Secretary of Education (referred to in this Act as the ‘‘Sec- retary’’) may waive or modify any statutory or regulatory provi- sion applicable to the student financial assistance programs under title IV of the Act as the Secretary deems necessary in connection with a war or other military operation or national emergency to provide the waivers or modifications authorized by paragraph (2).
https://www.congress.gov/108/plaws/publ76/PLAW-108publ76.pdf
It seems congress DID approve of this “executive power”.
Since covid was a national emergency the loan forgiveness qualified.
There is never a shortage of “national emergencies” in the Socialist toolbox.
So where exactly is the emergency with the demographic the President has chosen to help??? Unemployment among of college educated people is one of the lowest, if not the lowest, in the country, and their income is rising.
Additionally, as JT noted, the Biden administration, itself, is arguing that the pandemic is over, as they look to take down Title 42. (After all we don’t want to burden people coming into our country illegally with having to be vaccinated. That is only for law abiding people coming here legally through out ports of entry.)
Given the slow churn of government action the emergency may be over but when they announced the loan forgiveness program there was still an emergency.
Svelaz, the “forgiveness” was announced last week??? Biden anounced there was no emergency vis a vis title 42 months ago. What a tool.
We know by Bidens legal arguments to end rule 42 we are no longer in a covid emergency.
Will this giveaway be followed by cancelling the federal taxes owed on this gift, similar to the federal tax owed on the Wuhan flu handout? Look a gifthorse in the mouth to see its teeth.
“The idea of a president” redistributing wealth from those who make money to those who owe money . . .
Is called socialism. Bernie and The Squad must be smiling.
Sam – did you know this?
Who paid for the PPP loan forgiveness? Us.
The guaranteed by the US Government student loans were promoted by for profit financial institutions. They sought to make money off students seeking an education. Some institutions like chump u tried to facilitate this for profit themselves.
By forgiving these loans the people who have them will be free to spend more, ploughing it back into the economy. Which could use a big shot right now to overcome the natural gas and oil record profits inflation.
The image features text that reads: Republican Members of Congress Whose PPP Loans Were Forgiven Below the headline is a list that reads: Matt Gaetz (R-FL): $476,000 Marjorie Taylor Greene (R-GA): $180,000 Greg Pence (R-IN): $79,441 Vern Buchanan (R-FL): $2.8M Kevin Hern (R-OK): $1,070,000 Roger Williams (R-TX): $1,430,000 Brett Guthrie (R-KY): $4.3M Ralph Norman (R-SC): $306,520 Ralph Abraham (R-LA): $38,000 Mike Kelly (R-PA): $974,100 Vicki Hartzler (R-MO): $451,200 Markwayne Mullin (R-OK): $988,700 Carol Miller (R-WV): $3.1M
White House calls out Republicans who criticized student loan cancellation but had thousands in PPP loans forgiven – CBS News
“Who paid for the PPP loan forgiveness? Us.”
You’re using a looter’s redistribution scheme to justify a more massive, looter’s redistribution scheme.
How about no redistribution schemes? How about stop treating an individual’s paycheck as a means to another’s ends.
You forgot the millions Nancy Pelosi’s own drunk husband got.
Not a single Democrat? I never believe people that lie to make a point.
Just a point of reference,,,the PPP was voted on and passed by Congress. Why do you think President Biden didn’t ask Congress to do this?
Hitler and the National Socialist Germany Workers’ Party would approve.
Fun fact: The word “Nazi” comes from “Nazionalsozialistische Deutsche Arbeiterpartei”
which means: National Socialist German Workers’ Party
Remove the word “German”, insert the only political group in America that embraces National Socialist talking points, and it follows: Joe Biden, in blood soaked red backdrop, screaming, spitting, unintelligible nationalist doublespeak, with military nearby
We are at the point of no return.
FJB
It’s called democratic socialism. Educate yourself. And Trump and Maga are Fascists. Again, read some history.
The stupidity that exists on this blog. You need to learn what you are talking about.