|This is some wild revisionist history (special interests?) that attempts to obscure the unconstitutionality of his actions. The Supreme Court ruled that Biden’s attempt to push student loan forgiveness through via the HEROES Act—which gave the Education Department the power to modify repayments of loans for people who “suffered direct economic hardship as a direct result of a war or other military operation or national emergency”—was not legal; citing COVID-19 as the qualifying “national emergency” did not fly, and such loan forgiveness would need to be passed through Congress, not unilaterally carried out by the executive.
“While higher education—and particularly graduate school—is too expensive for many students, loan forgiveness does nothing to address the root cause of inflated college tuition,” wrote Reason‘s Emma Camp at the time. “Instead, Biden’s plan would have primarily benefited wealthier Americans, and it would have resulted in outstanding student loan debt returning to current levels by 2028.” Any additional plans Biden attempts to pass continue to disregard the root of the problem and serve as a blatant ploy to curry favor with voters, fiscal consequences be damned.
Trump goes for Jordan: After this week’s historic ouster of House Speaker Kevin McCarthy, some House Republicans looked like they were jockeying to possibly get former President Donald Trump on board with a speaker run, noting that you do not technically have to be a member of Congress in order to seek election. Trump came to Washington, and speculation ensued.
Early this morning, Trump disabused them of that notion. “Congressman Jim Jordan has been a STAR long before making his very successful journey to Washington, D.C.,” Trump wrote via Truth Social at 12:13 a.m. on Friday. “He will be a GREAT Speaker of the House, & has my Complete & Total Endorsement!”
Jim Jordan, who represents Ohio’s 4th district, “also picked up an important G.O.P. backer and cleared a potential challenger from the field with the endorsement of Representative Byron Donalds of Florida,” reports The New York Times.