Did Biden abuse power … again?
Do you recall when President Obama – a former constitutional professor at the University of Chicago – said that he (the President) does not have the power to change the status of the so-called “Dreamers” by Executive order – and then he later did?
Weeell … we may be at it again. President Biden has put his pen to paper to write off $500 billion of money owed to Uncle Sam by millions of former college students. I have covered in the recent past just how God-awful that action is for the nation. What has not been sufficiently covered in the news – especially the left-leaning news – is the question of Biden’s authority to do so. Was it an abuse of power?
The Constitution gives Congress – and especially the House – most of the powers over taxing and spending. That includes borrowing and lending. And that would logically include writing off repayments of loans that were structured and authorized by Congress. The Student Loan Program is not the creature of the Executive Branch.
When this subject came up in the past, even Biden was not sure the President could write off money owed to the federal government. He seemed to understand his limitations in this area – until he needed another election year goodie to elicit votes. Make no mistake. That is the only rational – albeit corrupt – reason for the loan forgiveness gambit.
One person who should be complaining is House Speaker Nancy Pelosi since it is her chamber’s powers that are being usurped by the President. In fact, she had strongly expressed her opinion on the subject in July of 2021. With great emphasis, Pelosi said that the President “does not have the power to cancel student debt.” “That is the responsibility of Congress,” she said. And she should know.
According to Pelosi, a President can postpone or delay payments, but he cannot… cannot … cannot cancel one penny of student debt. Others – politicians, lawyers, and constitutional scholars – have offered that same opinion.
Not only is Pelosi NOT pounding her desk demanding that Biden respect the powers of Congress, but she is saying nothing. One would think that responsible and professional journalists would be camped outside her door to see if she restates her previous opinion or avoids answering rather than calling out Biden on an abuse of power.
Ironically, Pelosi’s previous statement was designed to give Biden cover for NOT writing off tons of student debt. She assumed he was not going to do it. Her obvious strategy was to protect Biden … claiming only Congress can write off student debt … and blame Republicans for not getting on board.
Biden threw the Speaker under the bus on that one. Now her strategy is to pretend she never said what she said.
In terms of abusing power, Biden is more of an autocrat. Several times in his first year and a half in office, the Supreme Court has had to slap him down for exceeding his authority. They had to do it regarding the Environmental Protection Agency and the Covid-related immigration restrictions.
Biden’s student loan write-off is VERY bad policy in every way. And the fact that he usurped congressional powers to do it makes it worse.
Based on his legislative programs, Democrats praise Biden as the most successful President in history – even outdoing Franklin Roosevelt. What he and congressional Democrats have been successful at is producing the most expensive and dangerous legislative agenda and counterproductive policy decisions in history. His unilateral decision to write off federal income is one more example.
So, there ‘tis.