State AGs weigh legal challenge to Biden's $500B student loan handout
Fox News
GOP state attorneys general are exploring legal challenges against President Biden's unilateral move to cancel between $10,000-and-$20,000 in student debt.
Haris Alic covers Congress and politics for Fox News Digital. You can contact him at haris.alic@fox.com or follow him on Twitter at @realharisalic.
Conservative groups like the Job Creators Network, which is assessing legal and political options to oppose the handout, say the argument for Biden's ability to act unilaterally in canceling student debt for millions of borrowers rests on shaky ground.
"This a bailout enacted by executive overreach akin to the administration’s illegal employer vaccine mandate and eviction moratorium that were struck down by the Supreme Court," said Alfredo Ortiz, the group's president. "Like those examples of Biden's regulatory state, this action should also be challenged in court."
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President Biden is making a last-ditch effort to cancel more student debt before the end of his term, one of his final attempts to erase the loans after facing years of setbacks.