Rep. Smith Column: President Biden Should Not Transfer Student Debt to Taxpayers
June 01, 2024
June 01, 2024
WASHINGTON, June 1 -- Rep. Adrian Smith, R-Nebraska, issued the following column on May 31, 2024:
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President Biden Should not Transfer Student Debt to Taxpayers
In June 2023, the U.S. Supreme Court ruled President Biden did not have the constitutional authority to mass transfer up to $400 billion in student loan debt from borrowers to American taxpayers. Rather than properly acknowledge the ruling of the court, earlier this year, the president unveiled . . .
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President Biden Should not Transfer Student Debt to Taxpayers
In June 2023, the U.S. Supreme Court ruled President Biden did not have the constitutional authority to mass transfer up to $400 billion in student loan debt from borrowers to American taxpayers. Rather than properly acknowledge the ruling of the court, earlier this year, the president unveiled . . .