Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Politics

Trump takes aim at ‘crooked’ Biden student loan plan after Supreme Court decision: ‘Trying to buy votes’

by July 1, 2023
July 1, 2023
Trump takes aim at ‘crooked’ Biden student loan plan after Supreme Court decision: ‘Trying to buy votes’

Former President Trump blasted President Biden’s failed student loan forgiveness plan Friday, calling him ‘crooked’ while celebrating a favorable Supreme Court decision in Biden v. Arkansas.

Trump addressed an enthusiastic crowd at the Moms for Liberty Joyful Warriors National Summit in Philadelphia. During his speech, he vilified Biden’s student loan forgiveness plan, which would have forgiven upwards of $10,000 per federal loan borrower.

Earlier Friday, the Supreme Court ruled that Biden’s student loan forgiveness plan was unconstitutional.

The plan would have canceled debt for borrowers making less than $125,000 a year. Pell Grant recipients would have been granted up to $20,000 in forgiveness.

‘[It] would have been very unfair to the millions and millions of people who paid their debt through hard work and diligence,’ Trump said during his speech. ‘Very unfair.’

‘We have a corrupt president. Very corrupt,’ the former president added. ‘But this was a way of trying to buy votes.’

The Supreme Court’s majority opinion discredited the notion that the HEROES Act would authorize loan forgiveness, dealing a significant blow to the Biden administration.

‘The Secretary’s plan canceled roughly $430 billion of federal student loan balances, completely erasing the debts of 20 million borrowers and lowering the median amount owed by the other 23 million from $29,400 to $13,600,’ Chief Justice John Roberts wrote for the 6-3 majority. 

‘Six States sued, arguing that the HEROES Act does not authorize the loan cancelation plan. We agree,’ the justice added.

Trump also alluded to the 303 Creative LLC. v. Elenis decision, which gave a Christian web designer the right to deny services to same-sex couples.

‘They also gave religious liberty, as you know…a tremendous win. Religious liberty got a tremendous win today,’ the former president said.

Fox News Digital reached out to the White House for a statement, but did not receive a response.

<!–>

This post appeared first on FOX NEWS

–>

0
FacebookTwitterGoogle +Pinterest
previous post
Week Ahead: NIFTY Makes A Strong Attempt To Breakout; Extending The Move Is Crucial
next post
A Glimpse at the Next 6 Months in the Markets

Related Posts

Mayor’s rebuke could signal end of ‘Democratic Socialist,...

June 16, 2023

Jordan holdouts get death threats over gavel fight,...

October 19, 2023

Sen Graham touts Trump plan for Ukraine loan...

March 20, 2024

RFK, Jr reveals path to presidency as Biden,...

April 30, 2024

5 reasons Democrats are in the lead in...

January 17, 2024

‘Spreading lies’: The government should regulate AI-powered political...

August 18, 2023

Tlaib accuses Biden of ‘complicity’ in children’s deaths...

November 7, 2023

House GOP fires back at ‘smear merchant’ Dem...

September 14, 2023

Former North Dakota governor has car stolen while...

August 26, 2023

Israeli intelligence confirms dozens of hostages thought to...

February 7, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Graphite Market Forecast: Top Trends for Graphite in 2026

    • Cobalt Market Forecast: Top Trends for Cobalt in 2026

    • Jim Wiederhold: Will Industrial Metals Outshine Gold, Silver in 2026?

    • LAURION Provides Strategic Update for 2026: Advancing Ishkoday through Disciplined Execution

    • FORTUNE BAY MOVES INTO 2026 FOCUSED ON EXPEDITED ADVANCEMENT OF GOLDFIELDS

    Categories

    • Business (1,426)
    • Investing (3,406)
    • Politics (3,699)
    • Stocks (1,917)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 moneycontrolplace.com | All Rights Reserved