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Home Joe Biden

This 2003 law proves Biden’s student loan giveaway was illegal

September 23, 2022
in Joe Biden
Joe Biden realized his big speech backfired when he saw this one devastating response
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President Joe Biden has proven that he doesn’t care if he has legislative support to shove his agenda down the throats of the American people. 

Biden is more than happy to single-handedly enact his preferred socialist policies. 

But a little-known law from 2003 is proving the President didn’t have legal authority to cancels hundreds of billions of dollars in student loans. 

“I’ve got a pen and I’ve got a phone – and I can use that pen to sign executive orders and take executive actions and administrative actions that move the ball forward.”

Those were the words from Barack Obama when he was tired of a then-Republican controlled legislature not passing the legislation he wanted. 

Obama’s former Vice President, Joe Biden, is actually outpacing his former boss when it comes to executive orders. 

In his first week in the Oval Office, President Biden issued 22 executive orders. 

By comparison, and as a frame of reference, former President Trump issued four his first week. 

In Biden’s first full year in office, he signed 60 executive orders into law. 

You have to go all the way back to the Jimmy Carter administration to find a President with a higher yearly average. 

And even with his party enjoying majorities in both the House of Representatives and the U.S. Senate, Biden shows no signs of slowing down his abuse of executive power. 

One of his biggest usurpations of power came when, with a stroke of the pen, Biden wiped several hundreds of billions of dollars off the book without the consent of Congress. 

Through an executive order, Joe Biden initiated one of the largest transfers of wealth in world history. 

He stole upwards of a trillion dollars from American workers who didn’t go to college, or who had sacrificed and worked hard to pay off their student debt and handed it on a silver platter to college students and grads with no intentions of paying off their obligations. 

To justify this, the Biden administration points to an obscure law from 2003. 

The HEROES Act was intended to “relieve financial burdens on soldiers while they defend our nation.”

Just The Facts News obtained a transcript from the 40-minute floor debate on the HEROES act in the House from 2003. 

During the debate, Rep. Tim Ryan of Ohio – who is now running against JD Vance for the open U.S. Senate seat in the Buckeye State – complained that under the bill, interest still accrued for soldiers while they were away fighting. 

The then-Speaker of the House John Boehner mentioned during debate that the legislation would cost $10-million – a far cry from estimates of more than $800-billion for Biden’s student loan bonanza – and under House GOP rules at the time, they money would have to be cut elsewhere from the budget. 

The bill passed the House with only a lone dissenting vote, and then sailed to unanimous approval in the Senate. 

Under one provision of the HEROES law, it says the Secretary of Education can defer student loan payments of military members while they’re deployed. 

That is the provision the Biden team is citing as their legal case for the President’s authority to cancel nearly a trillion dollars of student loan debt for both soldiers and non-soldiers alike. 

In the text of the law, it clearly spells out the three cases where these payment deferments are allowed. 

The first is for anyone “serving on active duty during a war or other military operation.”

The second is for recent grads living or working in a “disaster area.”

And the final one is meant to borrowers who have “suffered direct economic hardship as a direct result of a war or other military operation or national emergency.”

None of those cases are present in Biden’s executive order – meaning the HEROES Act not only doesn’t give the Biden administration the authority they’re claiming it does, it’s actually proof the President doesn’t have that power. 

Even Democrat Speaker of the House, Nancy Pelosi (D-CA) knows the President doesn’t have the power to do what Biden has proclaimed. 

“People think that the President of the United States has the power for debt forgiveness,” Speaker Pelosi said about a year before Biden’s historic abuse of power. “He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.”

And for once, Pelosi is right. 

But at this point, the order will need to be challenged in court to be overturned. 

Political Animal News will keep you up-to-date on any new developments in this ongoing story. 

 

Tags: CongressJoe Bidenstudent loans
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