President Biden’s Student Loan Cancellation Scheme

In Analysis by Michael Rae

President Joe Biden’s student loan cancellation scheme is a very bad fiscal policy. But now, it may soon be at risk of collapse. The President himself put it in jeopardy, thanks in no small part to his 60 Minutes interview that aired on Sunday, September 18, 2022.

Writing in National Review, Charles C.W. Cooke explains:
On 60 Minutes this evening, President admitted aloud that his decision to transfer up to a trillion dollars in student-loan debt to taxpayers without congressional approval is flatly unconstitutional:

“The pandemic is over. We still have a problem with COVID. We’re still doing a lot of work on it. But the pandemic is

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