Pres. Biden To Detail New Steps on Debt Relief After Supreme Court Ruling

[bigtree]

June 30, 2023 at 11:05 AM

President Joe Biden will announce new steps to protect student-loan borrowers, a White House official said, after the Supreme Court threw out his plan to forgive billions of dollars in debt, undoing one of his signature initiatives.

Biden will speak on the court’s ruling and detail the actions his administration is taking in remarks Friday, according to the official, who was familiar with the president’s plans.

https://www.bloomberg.com/news/articles/2023-06-30/democrats-borrowers-decry-supreme-court-student-loan-relief-decision

The Hill @thehill 32m
#BREAKING: President Biden will announce new actions to protect student loan borrowers following the Supreme Court ruling that struck down his student debt relief plan, according to a source within the White House.

“While we strongly disagree with the court, we prepared for this scenario. The president will have more to say today,” the source told The Hill. “The president will make clear he’s not done fighting yet and will announce new actions to protect student loan borrowers.”

The president will also make “crystal clear” to student loan borrowers that. “Republicans are responsible for denying them the relief that President Biden has been fighting to get to them,” according to the source.
https://thehill.com/homenews/administration/4075762-biden-to-announce-new-actions-on-student-loans-after-supreme-court-ruling/

[Beautiful Disaster]

1. Biden better unveil actual relief or it's all irrelevant.

The blame game isn't going to work since he had the power to pause payments indefinitely and he gave that up in the debt ceiling negotiations.

[AkFemDem]

4. Where is this nonsense coming from?

No, Biden did not have the authority or practical ability to pause student loan debt repayment forever. It was tied directly into the declared national emergency for Covid- there is no practical way to keep the United States under a declared national emergency into perpetuity.

[Beautiful Disaster]

7. Biden specifically linked the restart date to coincide with the ruling.

https://www.forbes.com/sites/adamminsky/2022/11/22/biden-extends-student-loan-pause-into-2023---key-details/

Biden’s most recent extension of the student loan pause was set to end on December 31. But as Biden’s one-time student loan forgiveness program has been blocked by federal courts, the administration faced pressure to extend the pause again.

It wasn't tied to the COVID emergency, which ended in May.

[AkFemDem]

9. The entire foundation is about the national emergency

That is why we had a pause, that is why the HEROES act was even invoked. This kind of bitter revision has no bearing on the legal, constitutional and practical realities Biden and the department of Ed have been faced with.

[Beautiful Disaster]

12. And yet, he can still extend the pause.

[Hortensis]

17. Confidence in committed Democratic goals seems somewhat lacking.

When I'm in a bad mood it's hard to feel sympathy and blow this stuff off. Just fwiw, assumptions that Biden could have accomplished debt relief but refused without acceptable reason are personally offensive because if true that'd mean I was an idiot. And this ruling. even if expected, has put me in a bad mood.

Here's an idea: 40M Americans just LOST debt relief Democrats arranged for them and President Biden signed into law. We have a big election coming up. Wouldn't it be helpful if NONE of them took the notion that somehow their continued debt was Biden's fault?

[Beautiful Disaster]

18. He's human.

I don't think Biden intentionally set things up to be sabotaged. I'm not even subscribing to the idea that Biden did all this knowing it was going to likely be struck down by the Courts and he could still get a political win and not have to own a controversial decision (there are those who believe this).

I do think Biden gambled that the court would uphold the order and that's why he allowed for the freeze to be used in negotiation tactics to avoid default.

But now he's in a tough spot. He can try to blame the GOP and the Supreme Court, and rightfully so, but when payments resume in August, he'll have to explain that too and it's not going to be satisfactory to a lot of people who trusted that they would get their loans forgiven.

[Hortensis]

20. No "trying" necessary. The GOP and SCOTUS extremists are 100% at fault.

Democrats are NOT to blame for what they do.

Those who support student debt relief need to spread THIS word: We're for. They're against.

[mcar]

30. And those on the far left

who seem to think the president is a dictator who can do anything he wants.

[Hortensis]

35. Lol, Democrats in office always fail to do the impossible,

as defined by those wiser than us, but we keep electing them -- 81 million of us last election and WE. NEVER. LEARN!

[Cha]

25. Mahlao, Hortensis.. I can't

believe it's Pres Biden's "fault".

I know he wants this for Students.

[Hortensis]

32. :) Mahalo for voice of good sense. Biden's announcing his next

actions on the student loan front later today.

[Cha]

33. I saw that.. I bet he's

livid but will be the voice of reason.

[PAMod]

5. "The Blame Game"? WTF

Elections matter. Blame is 100% relevant. Otherwise, morons who vomit shit about the two parties being the same help ruin any chance for progress.

No.

[W_HAMILTON]

8. You are giving very much this:

But go on, blame good Democrats for the decisions of bad Republicans! It's not like THAT'S HOW WE FUCKING ENDED UP HERE TO BEGIN WITH.

How many more rights and freedoms are the far left gonna watch get stripped away by right-wingers while they lay the blame at the feet of people like Hillary and Biden, hmm?

[Sogo]

14. That was why he/she was sent here....

Every time there's a major ruling that goes against the Dems, posters with very low posting history show up here to sow discontent and discouragement....

[Beautiful Disaster]

16. This is the first time I've ever said anything critical of Biden.

Check my post history.

[Beautiful Disaster]

15. I'm not blaming Biden at all for the ruling.

I'm saying his taking the extension of the freeze off the table is problematic because that was an action within his control.

[Kingofalldems]

22. And all over GD now.

[mcar]

31. This +1000!

[Elessar Zappa]

13. Uh huh.

[Takket]

21. What do you mean "unveil actual relief"?

He did unveil actual relief, and SCOTUS just said he can’t do it without Congress. What actual relief do you think he should unveil?

[Beautiful Disaster]

23. Someone floated 0 interest. That would be something.

Or if he could find a way to extend the pause. But that's the whole point: he should not have given away the ability to extend the payment pause. That would have been relief too.

[Hekate]

26. Do you want him to sign a bunch of populist crap with a big Sharpie & hold it up like a toddler...

…showing off his crayon drawing?

Biden is a mature adult who knows very well what he can and cannot do, and he has a backup plan for everything. If it turns out something cannot be accomplished, he’ll tell us why. Do you want him jumping up and down throwing ketchup at the walls? Would that make you feel better?

[mcar]

29. Maybe Congress could pass a law or something

Maybe all the people on social media blaming the President for this should vote for people who will pass these laws instead of voting "their conscience" so Republicans get elected.

[blm]

2. Easy. Make ALL student loans interest-free.

[Beautiful Disaster]

3. He needs something bold like that.

He can't afford to just play the blame game, not with him agreeing to start student loan payments in August.

[Hekate]

27. How is Biden playing the blame game? That role appears to be for those who think the POTUS job

… comes with a magic wand and a crown, and then blame Biden for not accomplishing all our desires.

[Hortensis]

34. Biden's announcing his plan for further action today.

There'll be more material to "play the blame game" with.

[blm]

36. He's not playing the blame game. Why

would you press that inaccuracy on a political forum?

[zuul]

11. That would be fantastic. The interest rates are ridiculous.

[W_HAMILTON]

6. I hope he just delays student loan repayments even further.

[liberal_mama]

10. Yeah, that's the only thing that's going to help until he figures out another plan

Just extend the pause longer until the details are worked out for student loan forgiveness.

[Beautiful Disaster]

24. Yup.

[gratuitous]

19. Someone on another message board observed

Their student loan debt was forgiven under the previous program, and the effect was "it was remarkably empowering to finally feel very nearly debt free."

Now you see the problem that the Court had to fix with this ruling. People getting out from under the grinding heel of never-ending debt, when they've paid back the principle yet still owe more than they ever borrowed, is a condition that simply must not be allowed to continue.

[Hekate]

28. The SCOTUS half-dozen is telling us one thing with their many rulings: "Peons! Know your place!"

The dirty half-dozen.