In a lawsuit that argues that President Joe Biden’s horrifying student loan debt forgiveness proposal is both illegal and seriously hurtful to working-class Americans, six red states have put on their figurative armor and are now waging a counteroffensive. The nation as a whole will suffer from this strategy much more than the people it is meant to help.
According to the case filed in the United States, Arkansas, Iowa, Kansas, Missouri, Nebraska, and South Carolina. The District Court in Missouri determined that since Congress had not approved such a debt cancellation, Biden lacked the legal power to implement the change he had previously stated.
The states continued by citing a recent Supreme Court decision in West Virginia v. Environmental Protection Agency, which found that the executive branch cannot enact laws in cases where Congress has not passed legislation. Which is very obvious given that the three departments of government and the division of powers were established for precisely that purpose. No legislation may be passed by the president. Congress has that responsibility since its members are closest to the American public, and as a result, the laws it passes are meant to reflect public opinion.
President Biden is not authorized by any law to unilaterally exclude millions of people from their duty to repay loans they freely took.
Just a few months ago, the Supreme Court issued a warning to federal agencies cautioning them against claiming extremely important jurisdiction that is not clearly conferred by Congress.
The states also argued that the U.S. economy is in terrible shape and that canceling student loans, which are presently anticipated to cost at least $400 billion, will simply boost inflationary pressures and damage the country’s middle class, working class, and impoverished citizens further.
Leslie Rutledge, the attorney general for Arkansas, used the occasion to discuss the rationale for the states’ decision to file this case as a group.