House Speaker Nancy Pelosi disputed the notion that President Biden has the authority to unilaterally cancel students’ federal loans.
“People think that the president of the United States has the power for debt forgiveness,” Pelosi said during her weekly news conference on Wednesday.
“He does not. He can postpone, he can delay, but he does not have that power. That has to be an act of Congress.”
Pelosi said the subject should be taken up by Congress as a matter of policy.
“That’s a policy discussion,” she said. “But the president can’t do it, so that’s not even a discussion. Not everybody realizes that, but the president can only postpone, delay and not forgive.”
The California Democrat also said she doesn’t think all Americans would be on board for forgiving the debt.
CONTINUE READING ON THE NEW YORK POST
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
- The Florida candidate laser-focused on eradicating horrific animal crimes - March 22, 2024
- Sabo: ‘Rush was our GOAT, there was no equal and he made it look easy’ - February 18, 2024
- Dana Bash appears to want to crawl out of her own skin when Ramaswamy ‘goes there’ on J6 - December 7, 2023
Comment
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.
BPR INSIDER COMMENTS
Scroll down for non-member comments or join our insider conversations by becoming a member. We'd love to have you!
