U.S. SENATE – U.S. Senator Steve Daines today voted to block the Biden administration’s unconstitutional and irresponsible student loan bailout through a Congressional Review Act (CRA) joint resolution of disapproval.
“President Biden’s student loan plan is unconstitutional and irresponsible—it needs to be stopped. The President’s claim that he has the authority to cancel $400 billion in debt is a complete disregard for the separation of powers laid out in the Constitution and it is anything but ‘forgiveness.’ It drives up inflation and puts everyday working Montanans on the hook for loans they didn’t take out, not to mention it’s a slap in the face to folks who worked hard to repay their loans on time. This is a radical plan to transfer the debt of high-income earners to working-class Montanans. President Biden needs to reverse this abuse of power,” Daines said.
Full text of the resolution can be found HERE.
Background
Senator Daines co-sponsored the resolution in the Senate with 46 of his Republican colleagues.
In February, he joined his colleagues in sending an amicus brief to the Supreme Court objecting the Biden administration’s student loan cancellation policy.