News

Supreme Court Quoted Pelosi In Decision That Killed Biden’s Student Debt Cancellation

   DailyWire.com
Representative Nancy Pelosi, a Democrat from California, speaks during the League of Conservation Voters (LCV) Capital Dinner in Washington, DC, US, on Wednesday, June 14, 2023. The US Secretary of State will travel to Beijing later this week, becoming the most-senior US official to visit the country in five years as the US looks to ease tensions that have provoked fears of open conflict between the world's two biggest economies. Photographer: Bonnie Cash/UPI/Bloomberg via Getty Images
Bonnie Cash/UPI/Bloomberg via Getty Images

Chief Justice John Roberts quoted former House Speaker Nancy Pelosi (D-CA) in the majority opinion — released on Friday — that struck down President Joe Biden’s student debt cancellation program.

The program, which was designed to forgive up to $10,000 in federal student loans for borrowers whose incomes were below a certain threshold — up to $20,000 if they had been Pell Grant recipients — was ruled unconstitutional by a 6-3 margin, with Roberts saying that the COVID-era HEROES Act did not give Joe Biden the authority to act unilaterally on the issue.

“The Secretary asserts that the HEROES Act grants him the authority to cancel $430 billion of student loan principal. It does not. We hold today that the Act allows the Secretary to ‘waive or modify’ existing statutory or regulatory provisions applicable to financial assistance programs under the Education Act, not to rewrite that statute from the ground up,” Roberts wrote in the majority opinion.

The Chief Justice went on to use a statement made by Pelosi to bolster his point, noting that she had agreed Biden had the authority to make some changes in the time or manner that payments were made, but not to waive them altogether.

“People think that the President of the United States has the power for debt forgiveness. He does not,” she said in July of 2021. “He can postpone. He can delay. But he does not have that power. That has to be an act of Congress.”

Despite her apparent misgivings at the time, Pelosi later appeared to support the plan. In August of 2022, just over a year later, she cheered Biden’s efforts in a tweet, saying, “@POTUS’ bold action is a strong step in Democrats’ fight to expand access to higher education. By delivering historic targeted student debt relief to millions of borrowers, more working families will be able to meet their kitchen table needs as they recover from the pandemic.”

Pelosi has not yet commented on the Court’s decision to strike the program in its entirety.

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip
Download Daily Wire Plus

Don't miss anything

Download our App

Stay up-to-date on the latest
news, podcasts, and more.

Download on the app storeGet it on Google Play
The Daily Wire   >  Read   >  Supreme Court Quoted Pelosi In Decision That Killed Biden’s Student Debt Cancellation