Conservative Chief Justice Quotes Pelosi in Game-Changing Supreme Court Ruling That Saves Taxpayers $400 Billion.
The Supreme Court ruled that the administration’s decision to offer student debt forgiveness bypassed Congress’ authority to make spending laws. In a 6-3 decision, the majority of conservative justices effectively ended President Joe Biden’s $400 billion plan, leaving borrowers responsible for repaying their loans. The Committee for a Responsible Federal Budget (CRFB) has reported that the Supreme Court’s decision will lower the U.S. deficit by almost $400 billion, resulting in an estimated annual savings of …