This week, Elizabeth Warren unveiled a plan to “cancel” billions of dollars worth of student loans without involving Congress. She believes a legal loophole may allow her to erase the debt with the stroke of her pen, no questions asked.
The most obvious problem with exploiting this loophole is that it probably doesn’t actually exist. The next most obvious problem is that this would represent a seismic expansion of executive power, which would be ironic given all of the concern among Democrats that Trump wants to be a dictator.
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