>> John: PRESIDENT BIDEN KICKING
THE CAN DOWN THE ROAD WHEN IT
COMES TO STUDENT LOAN DEBT.
HE IS EXTENDING THE PAUSE ON
FEDERAL LOAN REPAYMENTS AS HIS
DEBT FORGIVENESS PLAN FACES
LEGAL CHALLENGES AND IS
POTENTIALLY HEADED TO THE
SUPREME COURT.
JOINING US NOW IS MARC THIESSEN,
FORMER SPEECH WRITER FOR GEORGE
W. BUSH AND WASHINGTON POST
COLUMNIST.
AS OF JANUARY 1ST, PEOPLE WERE
SUPPOSED TO START THEIR PAYMENTS
AGAIN ON THE OUTSTANDING STUDENT
LOANS.
PRESIDENT BIDEN CAME OUT AND
SAID NOPE, WE ARE GOING TO KICK
IT BACK NOW TO THE END OF JUNE.
>> BECAUSE THE PANDEMIC IS OVER
EXCEPT IT’S NOT OVER.
I MEAN, HE CAN’T MAKE UP HIS
MIND.
HE’S GIVING THE PEOPLE FALSE
HOPE HE’S GOING TO LOSE THIS
CASE.
HE’S CLAIMING AUTHORITY TO SPEND
UP TO A TRILLION DOLLARS IN U.S.
TAXPAYER MONEY WITHOUT
AUTHORIZATION FROM CONGRESS.
EVEN NANCY PELOSI SAID HE COULD
NOT DO IT BEFORE HE DID IT AND
THEN SHE SORT OF REVERSED
COURSE.
HOW DOES HE CLAIM THE AUTHORITY
TO DO THAT?
USING THE 2003 HEROES ACT, TO
MAKE SURE THE PEOPLE CALLED UP
TO ACTIVE DUTY TO RISK THEIR
LIVES FOR OUR COUNTRY DID NOT
DEFAULT ON THE LOANS AND SAYS IN
A WAR OR NATIONAL EMERGENCY.
AND HE’S SAYING THE PANDEMIC IS
A NATIONAL EMERGENCY, I’M GOING
TO CONDUCT AN ACT OF STOLEN
VALOR, BENEFIT FOR PEOPLE WHO
RISKED THEIR LIVES FOR THE
COUNTRY AND GIVE IT TO PEOPLE
WHO TOOK OUT LOANS THEY CANNOT
AFFORD AND THE COURTS WILL TURN
IT DOWN.
>> John: IT IS CONGRESS, HOUSE
IN PARTICULAR THAT GENERATES
SPENDING AND THE PRESIDENT
CIRCUMVENTED THAT, AND CALL FOR
NUMBER 3 HERE, HE SEEMED TO
INDICATE AT A WHITE HOUSE EVENT
HE HAD GONE TO CONGRESS TO DO
IT.
LISTEN TO THIS.
>> IT’S PASSED, I GOT IT PASSED
BY A VOTE OR TWO, AND IT’S IN
EFFECT.
>> John: PASSED WHAT?
IT WAS AN EXECUTIVE ORDER.
HE DIDN’T PASS ANYTHING.
>> NO, HE DIDN’T PAS ANYTHING.
>> John: PEN PASSED OVER THE
PAPER BUT THAT’S IT.
>> HE’S DRIVING A TRUCK THROUGH
THE NATIONAL EMERGENCY 2003 LAW.
AND THE PROBLEM WITH THAT, HE’S
JUST ARGUED IN THE COURTS HE
SHOULD BE ABLE TO LIFT TITLE 42
BECAUSE THE PANDEMIC EMERGENCY
IS OVER.
SO WE SAID WE ARE GOING TO ALLOW
PEOPLE TO COME ACROSS THE BORDER
AND LIFT THAT BECAUSE THE
PANDEMIC IS OVER BUT HE’S GOING
TO ARGUE IN THE COURTS THE
PANDEMIC IS NOT OVER, WHAT
ALLOWS HIM TO DO THE STUDENT
LOANS.
WHICH ONE IS IT?
APPARENTLY IN THE BIDEN
ADMINISTRATION THE PANDEMIC IS
OVER FOR ILLEGAL IMMIGRANTS
CROSSING OUR BORDER IN RECORD
NUMBERS, THE SIZE OF IRELAND,
BUT FOR AMERICANS, AMERICAN
CITIZENS IT’S NOT.
>> John: THIS IS ALSO COSTING US
MONEY AS WAS POINTED OUT IN THE
WALL STREET JOURNAL.
THE FACT HE HAS DEFERRED STUDENT
LOAN REPAYMENTS, ALSO COST
TAXPAYERS $155 BILLION TO DATE
SINCE INTEREST IS NOT ACCRUING
ON STUDENT DATE THAT UNCLE SAM
IS FINANCING WITH DEBT THAT
CARRIES INCREASING INTEREST
RATES.
SO HE’S PAYING FOR DOLLARS WITH
$10 BILLS.
>> THAT’S RIGHT, AND WHO IS
PAYING IT.
PROOF THE DEMOCRATIC PARTY IS A
PARTY OF COLLEGE EDUCATED
COASTAL ELITES, THIS IS IT.
REVERSE ROBINHOOD POLICY,
STEALING FROM THE POOR AND
GIVING TO THE RICH.
JANITORS AND HOSPITAL CAFETERIA
PAYING FOR THE MEDICAL DEGREES
OF DOCTORS AND NURSES, SCHOOL
JANITOR PAY FOR THE ADVANCED
DEGREES AND THE WELL TO DO
PARENTS.
AUTO MECHANICS PAY FOR THE
GRADUATE SCHOOL LOANS OF THE
PEOPLE, WEALTHY PEOPLE WHO BRING
THEIR CARS IN TO GET FIXED.
THIS IS A WAR ON THE WORKING
CLASS BY THIS ADMINISTRATION
WHICH SHOWS THEY ARE THE
DEMOCRATIC PARTY IS NO LONGER
THE PARTY OF THE WORKING CLASS.
>> John: WE HAD A MEMBER OF
CONGRESS, I CAN’T REMEMBER WHO
IT WAS, SAYING THE PLUMBERS AND
AUTO MECHANICS WHO HAVE CHILDREN
WITH STUDENT LOANS ARE HAPPY
THEY ARE GOING TO GET THE
STUDENT LOAN FORGIVENESS.
>> THE MAJORITY OF THEM DON’T
AND PROBABLY HAVE KIDS GETTING
MEDICAL DEGREES AND ADVANCED
DEGREES AND LAW DEGREES AND THE
REST OF IT.