White House announces the presidential approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers. https://www.whitehouse.gov/briefing-room/statements-releases/2024/02/21/fact-sheet-president-biden-cancels-student-debt-for-more-than-150000-student-loan-borrowers-ahead-of-schedule/
@w7voa
Despite obstacles from the #GOP and #SCOTUS , #Biden is still making real progress to #CancelStudentDebt in the worst cases.
See above for another 150k people helped 👆
#ThankYouMrPresident
#DemsGovernRepsPlunder
@TCatInReality That's not how the government works, though.
Biden didn't run into obstacles from the GOP and SCOTUS. He ran into the obstacle that the president is restrained by law, and he was trying to do illegal things.
The president cannot legally cut government funding by forgiving loans the way Biden wanted to. It would have been akin to a president just deciding not to collect income taxes. He doesn't have that authority by law.
Biden screwed up. We need to emphasize that and hold him accountable for it.
@TCatInReality again, that's not how the US government works.
If the people that we elect to Congress aren't interested in doing something, that's not an obstacle, that's just representative government representing a population as not being interested in moving.
And right, presidents frequently attempt to exceed their authority. We need more impeachments, and we need more presidents removed from power when they do that.
That doesn't mean Biden didn't exceed his authority. It means we are way too accepting of presidents doing that, and without repercussions they will continue to do it.