Thank goodness. This action was simply forcing debt from the person who accrued it to somebody else.
Biden using the HEROES act to justify this action was bullshit. And the President can’t just allocate billions of dollars for this - this expenditure needs to go through Congress.
Even former Speaker of the House Nancy Pelosi (D–Calif.) once said, “People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.”
Thank goodness. This action was simply forcing debt from the person who accrued it to somebody else.
Biden using the HEROES act to justify this action was bullshit. And the President can’t just allocate billions of dollars for this - this expenditure needs to go through Congress.
Even former Speaker of the House Nancy Pelosi (D–Calif.) once said, “People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.”