{"id":72226,"date":"2023-06-30T17:35:22","date_gmt":"2023-06-30T21:35:22","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/rfk-blames-supreme-court-student-loan-handout-smackdown-on-bidens-failure-72226"},"modified":"2023-06-30T17:35:22","modified_gmt":"2023-06-30T21:35:22","slug":"rfk-blames-supreme-court-student-loan-handout-smackdown-on-bidens-failure","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/rfk-blames-supreme-court-student-loan-handout-smackdown-on-bidens-failure-72226","title":{"rendered":"RFK blames Supreme Court student loan handout smackdown on Biden&#8217;s &#8216;failure&#8217;"},"content":{"rendered":"<div>\n<p>Democratic presidential candidate <a href=\"https:\/\/www.foxnews.com\/politics\/rfk-jr-will-not-back-eventual-dem-nominee-of-course-im-not-gonna-do-that\" target=\"_blank\" rel=\"noopener\">Robert Kennedy, Jr.<\/a> took aim at President Biden Friday over his &#8220;failure&#8221; to unite Congress, insisting it led to the &#8220;predictable&#8221; Supreme Court decision to strike down the president&#8217;s student loan forgiveness plan.<\/p>\n<p>&#8220;The unfortunate SCOTUS ruling striking down President Biden&#8217;s student loan forgiveness program was the predictable result of Biden&#8217;s failure to bring Congress together on this issue of crucial importance to young Americans,&#8221; Kennedy said in a statement shared with Fox News Digital.<\/p>\n<p>&#8220;President Biden knew his plan wouldn&#8217;t survive a legal challenge. His plan gave the appearance of action while accomplishing nothing.\u00a0<\/p>\n<p>&#8220;This is an issue of grave importance to our country. As president, I will galvanize public support to <a href=\"https:\/\/www.foxnews.com\/category\/us\/congress\" target=\"_blank\" rel=\"noopener\">pressure Congress<\/a> to put down their partisan positions and legislate meaningful relief to the tens of millions of Americans who are drowning in student debt.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/gop-presidential-candidates-applaud-supreme-court-striking-down-biden-student-loan-forgiveness-plan\" target=\"_blank\" rel=\"noopener\"><strong>GOP PRESIDENTIAL CANDIDATES APPLAUD SUPREME COURT STRIKING DOWN BIDEN&#8217;S STUDENT LOAN FORGIVENESS PLAN<\/strong><\/a><\/p>\n<p>Kennedy said he would also &#8220;take steps to reduce education costs for students,&#8221; suggesting that college could &#8220;be virtually free&#8221; in the United States if government &#8220;devoted even a fraction of our military budget to higher education.&#8221;<\/p>\n<p>&#8220;When I was their age, a college education cost about one-seventh of what it is today. A young person could work their way through college and graduate debt-free,&#8221; he said. &#8220;If we devoted even a fraction of our military budget to higher education, it could be virtually free to all (as it is in many other countries).<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/supreme-court-rulings-likely-intensify-calls-from-left-pack-court\" target=\"_blank\" rel=\"noopener\"><strong>SUPREME COURT RULINGS LIKELY TO INTENSIFY CALLS FROM THE LEFT TO &#8216;PACK&#8217; THE COURT<\/strong><\/a><\/p>\n<p>&#8220;<a href=\"https:\/\/www.foxnews.com\/category\/us\/education\" target=\"_blank\" rel=\"noopener\">Funding higher education<\/a> is not an entitlement program, it is an investment in America&#8217;s future, just as with infrastructure and environment. Let&#8217;s invest in America&#8217;s young people instead of in the forever wars.&#8221;<\/p>\n<p>Kennedy&#8217;s remarks came a few hours after the high court, in a 6-3 decision, ruled that the White House lacked the legal authority to provide billions in federal loan forgiveness for borrowers, absent\u00a0clear authorization from Congress.<\/p>\n<p>The move by the <a href=\"https:\/\/www.foxnews.com\/category\/politics\/judiciary\/supreme-court\" target=\"_blank\" rel=\"noopener\">Supreme Court<\/a> will prevent more than 40 million low- and middle-income borrowers from receiving $10,000 in federal loan forgiveness under the Biden administration&#8217;s plan and is a major defeat for the president on one of his key 2020 election campaign promises.<\/p>\n<p>Originally announced by Biden from the White House in August, the plan would have canceled $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year and up to $20,000 for Pell Grant recipients.<\/p>\n<p>While Kennedy expressed concern over the Supreme Court&#8217;s ruling, Republican presidential candidates like Sen. Tim Scott, R-S.C., and former Vice President Mike Pence <a href=\"https:\/\/www.foxnews.com\/politics\/gop-presidential-candidates-applaud-supreme-court-striking-down-biden-student-loan-forgiveness-plan\" target=\"_blank\" rel=\"noopener\">applauded the court&#8217;s decision<\/a>.<\/p>\n<p><i>Fox News&#8217; Paul Steinhauser contributed to this report.<\/i><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/rfk-blames-supreme-court-student-loan-handout-smackdown-bidens-failure\">Source &#8211; https:\/\/www.foxnews.com\/politics\/rfk-blames-supreme-court-student-loan-handout-smackdown-bidens-failure <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Democratic presidential candidate Robert Kennedy, Jr. took aim at President Biden Friday over his &#8220;failure&#8221; to unite Congress, insisting it led to the &#8220;predictable&#8221; Supreme [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-72226","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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