Home Featured Joe Biden Just Said the One Thing That Could Derail His Student Loan Bailout

Joe Biden Just Said the One Thing That Could Derail His Student Loan Bailout

by x82hPEs

The Biden administration usually keeps the President on a tight leash.

He’s rarely allowed to do unscripted interviews – and for good reason.

Because Biden just went on TV and said the one thing that could end his student loan bailout.

Americans were outraged when Joe Biden announced he’d be “cancelling” student loan debt for college graduates.

Even the most die-hard Democrat realized it meant the end to the the claim that Democrats were the party of the blue-collar worker.

They realized that rich college kids would be getting a “free” education on the backs of hard-working men and women around the country.

But Biden’s plan to buy votes from radical college grads ran into a blue collar buzzsaw.

And now the beleaguered President has made things worse for his socialist plan.

Appearing in a recent “60 Minutes” interview, host Scott Pelley asked Biden whether the pandemic is “over” considering he attended the Detroit Auto Show last week – the first time the event’s been held since 2019.

In response, Biden declared – in no uncertain terms – that the pandemic is “over.”

“The pandemic is over. We still have a problem with COVID. We’re still doing a lotta work on it,” Biden said.

“But the pandemic is over. If you notice, no one’s wearing masks. Everybody seems to be in pretty good shape,” he continued.

“And so I think it’s changing. And I think this is a perfect example of it.”

But this admission puts the entire justification for his student loan bailout plan at risk and here’s why.

Last month, Biden announced his student loan forgiveness plan.

On the same day, the Biden administration released the legal justifications for this plan.

A memo released by the Department of Education referenced a post-9/11 law, known as the HEROES Act of 2003, which authorized broad and sweeping debt cancelation.

That memo read in part:

“The HEROES Act, first enacted in the wake of the September 11 attacks, provides the Secretary broad authority to grant relief from student loan requirements during specific periods (a war, other military operation, or national emergency, such as the present COVID-19 pandemic) and for specific purposes (including to address the financial harms of such a war, other military operation, or emergency). The Secretary of Education has used this authority, under both this and every prior administration since the Act’s passage, to provide relief to borrowers in connection with a war, other military operation, or national emergency, including the ongoing moratorium on student loan payments and interest.”

Charles Cooke at National Review explained the implications of Biden’s 60 Minutes admission that the COVID-19 pandemic is over.

“But, even if one were to ignore all [of the questions of legality], one could still not get past the fact that the powers to which Biden laid claim can be applied only when there is an active emergency, and that the active emergency Biden is citing has now passed,” Cooke wrote.

Cooke nailed it. Biden’s own words state that the COVID pandemic is over.

Yet, despite Biden’s own words, his administration is expected to formally extend the COVID national emergency in mid-October.

Because true to socialist dogma, truth and facts simply do not matter when it comes to seizing more power.