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Small business group sues over Biden's $420 billion student loan forgiveness plan
Small business group sues over Biden's $420 billion student loan forgiveness plan
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The Facts Inside Our Reporter’s Notebook The Job Creators Network Foundation (JCNF) Legal Action Fund (LAF) filed a lawsuit on Monday challenging the Biden administration's student loan forgiveness program as an overreach of executive powers.
The lawsuit on behalf of two plaintiffs seeks to block the program from being implemented on the ground that it “violates the Administrative Procedure Act’s notice-and-comment procedures.”
The Committee for a Responsible Federal Budget has projected that the cost of the program will be $420 billion.
The budget watchdog group also estimated that most of the benefits from Biden's student loan forgiveness program will be...
Source: https://justthenews.com/government/white-house/job-creators-network-foundation-sues-over-bidens-420-billion-student-loan?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators
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