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$15.7 Billion per month will be removed from US economy as student loan payments resume in October (www.cnbc.com)

submitted 1 year ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] ImFresh3x@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago) (1 children)

What are you talking about? Do you know anything at all about US politics and government? We don’t have a king here. The current president (A democrat named Joe Biden, btw) issued an executive order which forgave student debt. Republicans fought tooth and nail to make sure payments would resume, and took it to the Supreme Court. Based on the oral arguments made by the Supreme Court judges thus far, Republican appointed judges are expected to vote to overturn the Biden debt relief program.

https://en.wikipedia.org/wiki/Biden_v._Nebraska

https://www.scotusblog.com/2023/02/bidens-student-loan-forgiveness-plan-gets-cold-reception-from-conservative-justices/

[–] yogthos@lemmy.ml -1 points 1 year ago (1 children)

Do you know anything about US politics and government? https://en.wikipedia.org/wiki/Executive_order

[–] ImFresh3x@sh.itjust.works 1 points 1 year ago (1 children)

Can you even read?

[–] yogthos@lemmy.ml -2 points 1 year ago (1 children)

One of us can't evidently.

[–] ImFresh3x@sh.itjust.works 1 points 1 year ago

Yes it’s you. Biden made an executive order to forgive student loans. The Supreme Court is overturning that order.