Small business group files suit over Biden student loan plan

  • 📰 wsfa12news
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The suit, filed Monday by the Job Creators Network Foundation, argues the Biden administration violated federal procedures by failing to seek public input on the program.

, calls the plan an illegal overreach that would increase state tax burdens for some Americans who get their debt forgiven. a local taxpayers group, the Brown County Taxpayers Association, that sought to block the program, ruling that the group didn’t have standing to bring the lawsuit. The group had argued that Biden’s order unlawfully circumvented Congress’ power over spending and said the plan was discriminatory because it sought to give particular help to borrowers of color.

“Behind closed doors, the Department promulgated a new Debt Forgiveness Program that will affect tens of millions of Americans and cost hundreds of billions of dollars,” the lawsuit reads. “Instead of providing notice and seeking comment from the public, the Department hammered out the critical details of the Program in secret and with an eye toward securing debt forgiveness in time for the November election.

The case was assigned to U.S. District Judge Reed O’Connor, who most notably ruled in 2018 that the Affordable Care Act was unconstitutional. The Supreme Court reversed that decision last year. O’Connor, an appointee of former President George W. Bush, also has ruled against other policies pursued by Democratic administrations. Last month, he ruled that an ACA provision that required coverage of an HIV prevention drug violates a Texas employer’s religious beliefs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why Business always fight the weary, the tired, the poor and the forlorn POTUS let’s spread some relief and goodness.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 338. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Conservative Business Group Files Suit Over Biden Student Loan Foregiveness PlanA conservative small-business advocacy group has filed a new lawsuit seeking to block the Biden administration's efforts to forgive student loan debt for tens of millions of Americans — the latest legal challenge to the program. No legal standing. Will get tossed. They also took PPP loans. Massive hypocrites. Small businesses should be the last group opposing this. At least that money will be spent here in the US as opposed to wasting billions in Ukraine or the climate change scam.The govt also needs to stop giving out so much money to students so colleges lower their insane tuitions It doesn't sound like the AP (article source) got anyone to weigh in on whether the plaintiffs have standing.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »