Biden’s Supreme Student Loan Sto(m)p

A mercurial Jackson or Trump never dreamed of bragging about dissing a Supreme Court ruling but Joe Biden did as he AGAIN wrote off by fiat another $1.2 BILLION in taxpayers’ money to excuse student loan deadbeats …

As the WSJ editorial board wrote in its “Biden’s Student Loan Boast: The Supreme Court ‘Didn’t Stop Me,’” our unique president “ignores the law again as he forgives more student debt” so that the “total is now $138 billion & counting … American Presidents may not like Supreme Court decisions, but most since Andrew Jackson haven’t bragged about defying its rulings. Not even Donald Trump. Then there’s President Biden, who, while canceling more student debt this week, boasted about ignoring the Supreme Court’s landmark 2023 ruling that his previous loan forgiveness plan {writing off $400 billion] was illegal.”

Of course, as the editors note, Joe’s “not really cancelling anything because he’s transferring the debt from the borrowers it benefited to the taxpayers who will finance it with higher taxes or interest on the rising national debt.” Moreover, they add, that while “Mr. Biden’s method of loan forgiveness has changed” a bit, “the same legal principles apply” and “we hope states & other plaintiffs harmed by Mr. Biden’s debt transfer to taxpayers are already looking to sue.” Oh, they are and they will defy Joe’s desperately blatant attempt to "solicit" young voters' votes again.

Davd Soul