As we’ve noted before: The Left’s plan is to buy the youth and millennial vote by forgiving millions and millions of student loan debts.
But that plan is stalling out. The 8th Circuit just stayed the Biden administration’s Plan B half-trillion-dollar student loan bailout pending a decision on an injunction. This blocks Biden from discharging any more loans or cutting payments in half as contemplated by this rule – at least until the 8th Circuit decides on an injunction.
This may all be headed to the Supreme Court – and we hope it is. Biden keeps defying Congress and the Supreme Court in his vote-buying scheme. In other words, he has no legal authority to unilaterally forgive loans. If this scheme isn’t unconstitutional, what is?