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Where in the Constitution is the presidential power to pay off huge personal debts with our money?
Biden is about to commit an impeachable offense
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Aug 23, 2022
.....President Joe Biden is about to blatantly break the law to “cancel” thousands of dollars of student loan debt accrued by some of the most privileged members of society. Of course, nothing will actually be canceled. Instead, the government will simply be out that money, and the burden of those debts will be transferred from those who accrued them to hundreds of millions of taxpayers who didn’t.
It’s a disgusting, immoral move to tell a janitor making $40,000 a year that he must now foot the bill for college-educated Americans with far brighter employment prospects while receiving absolutely nothing in return. Past that, there are the overall economic concerns. What do you think is going to happen to inflation if millions of people are suddenly relieved of $10,000 in debt for no other reason than it existing?
But as I said in the first sentence of this article, the biggest issue here is that what Biden is set to do is illegal. There is no federal provision that allows him to “forgive” student loan debt on the backs of taxpayers via the stroke of his pen. Nancy Pelosi is on record saying Biden doesn’t have that power. The Department of Education has said Biden doesn’t have that power. For the president to still attempt this move wouldn’t just be a pushing of the envelope. Rather, it would be a conscious, deliberate decision to commit an impeachable offense.....
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.
Where in the Constitution is the presidential power to pay off huge personal debts with our money?
Biden is about to commit an impeachable offense
--------------------------------------------------------------------------------
Aug 23, 2022
.....President Joe Biden is about to blatantly break the law to “cancel” thousands of dollars of student loan debt accrued by some of the most privileged members of society. Of course, nothing will actually be canceled. Instead, the government will simply be out that money, and the burden of those debts will be transferred from those who accrued them to hundreds of millions of taxpayers who didn’t.
The White House will announce on Wednesday the cancellation of up to $10,000 in student loan debt for for borrowers who make less than $125,000, a source familiar with the plans confirms to CNN https://t.co/rhtbhEefrI
— CNN Politics (@CNNPolitics) August 23, 2022
It’s a disgusting, immoral move to tell a janitor making $40,000 a year that he must now foot the bill for college-educated Americans with far brighter employment prospects while receiving absolutely nothing in return. Past that, there are the overall economic concerns. What do you think is going to happen to inflation if millions of people are suddenly relieved of $10,000 in debt for no other reason than it existing?
But as I said in the first sentence of this article, the biggest issue here is that what Biden is set to do is illegal. There is no federal provision that allows him to “forgive” student loan debt on the backs of taxpayers via the stroke of his pen. Nancy Pelosi is on record saying Biden doesn’t have that power. The Department of Education has said Biden doesn’t have that power. For the president to still attempt this move wouldn’t just be a pushing of the envelope. Rather, it would be a conscious, deliberate decision to commit an impeachable offense.....
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