In August, President Biden announced a loan cancellation plan that would erase an astonishing $400 billion in student debt — one of the most ambitious and expensive executive actions ever.

Now, in a far-reaching case, the Supreme Court will decide whether the president is authorized to take such a big step.

Guest: Adam Liptak, a Supreme Court correspondent for The New York Times.

Background reading: 

• The student loan case could redefine the limits of presidential power.
• Here’s how the arguments at the Supreme Court played out and what to expect in the coming days.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

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