While speaking on the John Solomon Reports podcast, Senator Marsha Blackburn (R-TN) blasted President Biden’s proposed student loan forgiveness plan; the Supreme Court justices are hearing a pair of challenges to Biden’s plan on Tuesday.
“Fewer than 15% of Americans hold student loan debt,” Blackburn said on the John Solomon Reports podcast. “And out of that number, 40% of those loans are held by high-income earners such as PhDs, doctors, different physicians and lawyers. 10% of that is held by individuals that are lower-income earners. So this really is what you would call a gift to the rich.”
From Just The News:
The two cases before the high court challenge whether Biden has the executive authority to forgive the debt – worth hundreds of billions of dollars – unilaterally and without congressional approval.
Blackburn and over 40 of her GOP Senate colleagues pushed back on Biden’s student loan forgiveness plan in an amicus brief to the Supreme Court.
Today, the Supreme Court will hear arguments about Biden’s unconstitutional student loan forgiveness plan. I led over 40 of my colleagues in an amicus brief challenging Biden’s gift to the rich.https://t.co/NZmJ9kFojF
— Sen. Marsha Blackburn (@MarshaBlackburn) February 28, 2023
“What we are doing is pushing to make certain that the court remembers that there is a separation of powers and the executive branch does not have the authority to move forward in this manner,” she said.
“We are hopeful that the court will look at this and say that the executive branch does not have that authority to appropriate those funds and then designate these funds in that manner,” Blackburn also said. “So the separation of power is the bigger overriding argument on this.”
More over at Just The News:
Sen. Marsha Blackburn says forgiving all student loans would be a 'gift to the rich' https://t.co/wsqBle4gZ0
— Just the News (@JustTheNews) February 28, 2023
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