On 60 Minutes, President Biden Admits His Student-Loan Order Is Illegal
On 60 Minutes this evening, President admitted aloud that his decision to transfer up to a trillion dollars in student-loan debt to taxpayers without congressional approval is flatly unconstitutional:
Why does Biden’s statement matter so much? I’ll tell you: It matters because the memo that the Biden administration released to justify his order rested entirely upon there being an ongoing emergency, and because, as Biden has just confirmed, there is no ongoing emergency.
Back in August, Biden’s lawyers argued with half-straight faces that the 2003 HEROES Act — which, as Bloomberg Law has noted, was passed not as a generalized...