Supreme Court urged to stop Biden $1T student loan bailout

.

A Wisconsin legal group has filed an emergency appeal with the U.S. Supreme Court to postpone the Biden administration’s plan to begin dishing out up to $1 trillion to student loan deadbeats starting Sunday.

In challenging the president’s plan, the Wisconsin Institute for Law & Liberty said in the filing, “We are witnessing a gargantuan increase in the national debt accomplished by a complete disregard for limitations on the constitutional spending authority.”

DEMOCRATS PUSH IMMEDIATE SIGN-UP FOR COLLEGE DEBT RELIEF

The group, representing Wisconsin’s Brown County Taxpayers Association, added, “The blow to the United States Treasury and taxpayers will be staggering — perhaps costing more than $1 trillion. If this program goes forward as planned on Sunday, then the president will unilaterally spend roughly 4% of the nation’s Gross Domestic Product. There is no legal justification for this presidential usurpation of the constitutional spending power, which is reserved exclusively for Congress.”

The group said that their emergency request, provided to Secrets, is the first to reach the Supreme Court.

Rick Esenberg, current President and General Counsel of WILL, said, “It is critical that the U.S. Supreme Court weighs in on the president’s unconstitutional student loan relief plan before Sunday when the loan forgiveness could start. WILL is proud to represent American taxpayers, and to bring the first claim to be submitted to SCOTUS.”

An earlier challenge is still being weighed by a lower court.

Brown County Taxpayers Association President Rich Heidel, said, “What Constitutional power does Biden have to take John Q. Public’s money and pay Jane Q. Public’s school loans? Why not her mortgage, why not her car loan? How did the college-educated caste become the lucky ones? When and how does this stop? This nonsense not only defies the U.S. Constitution — it defies common sense!”

Since it was offered, Biden has come under fire for favoring wealthy supporters who will be able to get $10,000-$20,000 of student loans wiped away.

SEE THE LATEST POLITICAL NEWS AND BUZZ FROM WASHINGTON SECRETS

However liberal backers want the payoff to be much higher. Fiscal conservatives are fighting the program.

In the request, WILL argued that the president can’t forgive debt without a check from Congress.

“The argument that a president may unilaterally forgive debt owed to the U.S. Treasury through executive fiat, and that no one has standing to challenge him, threatens the very foundations of a constitutional republic. If respondents are correct, a future president could similarly order the IRS to implement a one trillion dollar tax holiday — a program that would be ‘lawful’ because no one would have standing to challenge it. The president could send checks to everyone (or to carefully selected demographic groups) for any amount to achieve any political end,” they said.

Related Content

Related Content