Biden Brags About Defying Supreme Court on Student Debt Cancellation, Claims No Cost to Taxpayers

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President Joe Biden has boasted about defying the Supreme Court ruling that blocked his debt forgiveness scheme while falsely claiming no cost to taxpayers.

During a speech in Las Vegas on Sunday, President Joe Biden boasted that he has continued canceling student debt thanks to workarounds in defiance of a U.S. Supreme Court ruling that blocked his debt relief planโ€”while claiming that the forgiveness wonโ€™t burden taxpayers.

โ€œI promised we’d help eliminate accumulated student debt that millions of Americans carried during the economic pandemic and beyond,โ€ President Biden said in the speech, recalling one of his key campaign promises.

โ€œThe Supreme Court of the United States blocked me, but they didnโ€™t stop me,โ€ he continued, saying he โ€œfound another wayโ€ to continue canceling student debt, while falsely claiming that the various forgiveness schemes were โ€œnot costing peopleโ€ anything.

In a 6-3 decision in the summer of 2023, the Supreme Court blocked President Bidenโ€™s plan to cancel $430 billion in student loan debt for some 43 million Americans, protecting taxpayers from having to fund the forgiveness scheme but delivering a blow to one of the presidentโ€™s campaign promises.

At the time, President Biden denounced the decision, saying in a June 30, 2023, speech at the White House that the Supreme Court decision โ€œclosed one pathโ€ but that his administration would โ€œpursue another,โ€ including by way of a student debt forbearance scheme under the Higher Education Act.

Since then, the Biden administration has continued to cancel debt for specific groups of federal student loan borrowers by tweaking and expanding rules under existing relief programs.

For example, in his Las Vegas speech, President Biden said he โ€œfixedโ€ one of the existing programs to allow public servants to get student debt relief, adding that members of this group would be getting notices in the mail soon.

โ€œThis time, theyโ€™re not going to have any doubt about who sent it to you. Itโ€™s going to have my name on itโ€”Biden,โ€ he declared.

Byย Tom Ozimek

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