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Why the law Biden is using to cancel student debt is 'highly strained,' according to a group formed by Obama lawyers aimed at protecting American democracy

Business Insider LogoBusiness Insider1 mo ago

Why the law Biden is using to cancel student debt is 'highly strained,' according to a group formed by Obama lawyers aimed at protecting American democracy - Business Insider

Quick Summary:

Watchdog group Protect Democracy told SCOTUS that Biden is overusing emergency powers with student-debt relief, but there might be another legal path.

And in this regard, Protect Democracy notes that it appears there may be other lawful ways the Biden administration could use executive action to achieve the goal of relieving student debt".

As Protect Democracy noted in its brief, though, it "expresses no view" on the issue of standing — its "sole purpose" is urging the Court to consider the extent to which emergency powers can be used.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-08 @ 10:00:00 (1 months ago)

News Timezone: GMT -5:00

News Source URL: businessinsider.com

Language: English

Article Length: 1008 words

Reading Time: 6 minutes read

Sentences: 53 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Insider

News ID: 5314961

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Official Website: businessinsider.com

Update Frequency: 13 posts per day

Year Established: 2007

Headquarters: United States

News Last Updated: 8 hours ago

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Publisher ID: #64

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