Congressional Republicans oppose President Joe Biden’s dubious use of executive action to “forgive” hundreds of billions of dollars worth of taxpayer-backed federal student loan debt, a move that they assert can only be authorized by an act of Congress.
Ironically, in advocating for Congress to have a say in student loan debt relief, a top Republican senator cited remarks last year from House Speaker Nancy Pelosi (D-CA), who rightly insisted that Congress must vote for any such relief, The Free Press reported.
That top Republican would be Sen. Rick Scott (R-FL), and his citation of the so-called “Pelosi Rule” came in support of legislation he has proposed that is known as the Debt Cancellation Accountability Act.
Pelosi in 2021: President lacks authority for “debt forgiveness”
It was in July 2021 that Speaker Pelosi, in response to a question about pressure on President Biden to fulfill his campaign promise to cancel a portion of student loan debt, asserted that the president lacked the proper authority to make such a decision.
“People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress,” Pelosi said during a press briefing, and added a moment later, “Not everybody realizes that. But the President can only postpone, delay, but not forgive.”
However, just 13 months later, Biden’s White House announced his plans to proceed with unilateral executive action to cancel upwards of $10,000-20,000 of outstanding federally-backed student loan debt for certain borrowers.
GOP legislation would force Biden to ask permission to cancel student loan debt
Enter Sen. Scott and his Debt Cancellation Accountability Act that, if passed, would prohibit broad class-based student loan debt forgiveness unless such relief was explicitly authorized by Congress for that specific purpose.
“President Biden and Democrats in Washington have turned their backs on hardworking American families,” Scott said in a press release. “First, Biden and the Democrats used a totally partisan process to give the IRS $80 BILLION to hire more than 87,000 new agents, an unknown number of which will be armed, to go after families and small businesses.”
“Now, President Biden is doubling down on his abandonment of working Americans by issuing an illegal order to use hundreds of billions of YOUR tax dollars to ‘forgive’ the loans of college-educated individuals who voluntarily took on debt to finance their education,” he continued. “The American people, who are already struggling to keep up with Biden’s raging inflation crisis, are disgusted with the Democrats’ dangerous, socialist agenda and demanding action.”
“Republicans must stand united to repeal the IRS supersizing and pass my bill to force every member of Congress to go on the record for student loan forgiveness,” the Florida senator added. “I will be fighting tooth and nail to get these votes. Families in Florida and across the country will not tolerate more radical government overreach, and I will do whatever it takes to deliver the accountability they deserve.”
Pelosi is being held to her own standard
The Free Press noted that nearly 100 House Republicans recently signed on to a letter to Speaker Pelosi that highlighted her own words from last year and demanded that she hold true to them now by forcing President Biden to seek the approval of Congress for his student loan debt relief plans.
This is great, as it is nothing short of hilarious to see Democrats confronted with their own prior statements on certain issues and be forced to either maintain those positions or hypocritically alter their stance for overtly partisan purposes.