Arizona AG sues Biden to stop ‘illegal’ student loan handout

Arizona Attorney General Mark Brnovich on Thursday filed a lawsuit to block the Biden administration’s decision to cancel hundreds of billions of dollars in student loans.

Brnovich, a Republican, said Biden acted without congressional approval and his action conflicts with U. S. Supreme Court decisions that have reined in federal agencies from taking actions not authorized by Congress. His lawsuit targets President Biden and Education Secretary Miguel Cardona.

"This mass debt forgiveness program is fundamentally unfair, unconstitutional, and unwise," Brnovich said. "The question Americans need to be asking is why college costs so much in the first place."

President Biden announced his administration would cancel $10,000 to $20,000 in student loan debt for people making less than $125,000 each year individually or $250,000 as a family. The Congressional Budget Office estimated Biden’s plan would cost the government $400 billion, but Brnovich and others have said the costs could soar even higher.

Republicans have stressed that Biden’s move doesn’t cancel the debt but rather moves that debt onto the government’s books and puts taxpayers on the hook for that amount. The GOP more broadly has argued that high rates of federal spending and taking on new debt are actions that have contributed to high levels of inflation that have plagued consumers over the last year.... (Read more)

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