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In an interview released Sunday, President Biden stated that his student-debt forgiveness initiative had already been “passed by a vote or two” although it hasn’t been voted on in Congress.
Biden issued an executive order in late August “forgiving” up to $10,000 in student debt for individuals making less than $125,000 per year and up to $20,000 for Pell Grant recipients in the same income category. According to the nonpartisan Congressional Budget Office, the unilateral move could cost taxpayers as much as $400 billion.
During a panel discussion with the digital media company NowThis, Biden falsely claimed that the executive order was actually legislation that he “got passed by a vote or two.”
Here is the full clip for all you clowns who say it’s out of context. Biden first falsely claims he “signed a law” to cancel student loan debt, then says he “got it passed by a vote or two.”
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— Jake Schneider (@jacobkschneider) October 24, 2022
The 8th Circuit Court of Appeals temporarily blocked Biden’s student-bailout order last Friday in response to a lawsuit filed by a group of Republican-led states.
“Nothing about loan cancellation is lawful or appropriate. In an end-run around Congress, the administration threatens to enact a profound and transformational policy that will have untold economic impacts. The administration’s lawless action should be stopped immediately,” the ...
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