Biden's Order to Forgive Student Loans Is a Regressive and Expensive Mistake

Biden knows no one argued that the 2003 Heroes Act, which was designed as its authors confirmed in an amicus brief file with the Supreme Court to quote, actually represented a broad grant of authority to the president. He knows that every court that has looked at the merits, be it a US district judge in Texas or the Fifth Circuit or the Eighth Circuit, has concluded that the order was unlawful and unlikely to prevail when examined further. The White House is hoping that the merits of the case are never reached. If Biden's order is upheld, it will be because he has found a way to spend hundreds of billions of dollars up to 4% of GDP without congressional approval, while completely evading