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Offloading Student Loan Debt to Taxpayers

Nothing Terrifying About This Situation

| Posted in Blog

Do you see how NBC is covering this topic? It’s not just NBC; it’s every other left-leaning news outlet as well. Payments for federal student loans have been on hold for more than three years. Now that Covid is in the rear-view mirror, it’s obviously time for these payments to resume. Yet liberal journalists and Democrat politicians want you to believe that’s akin to "forcing" people…

U.S. Creditworthiness Downgrade

| Posted in Blog

The creditworthiness of the United States was downgraded by Fitch Ratings earlier this week. Everyone from the White House and Janet Yellen to financial analysts and journalists were losing their minds over this news. But why on earth does this surprise anyone?! Our nation is over $32 trillion in debt. Our deficit spending is out of control; we are spending trillions of dollars more…

Supreme Court Strikes Down "Canceling" Student Loan

| Posted in Blog

Another huge blow to Biden from the Supreme Court this morning, who just struck down his unconstitutional effort to "cancel" student loans. It was a 6-3 ruling just moments ago.  If you recall, the President was trying to “cancel” up to $10,000 of debt for those who had federal student loans. Friends, debt isn’t just "canceled." Whether it’s the federal government or a private…

June 1st Tele-Town Hall Replay

| Posted in Blog

With thousands of constituents on the phone, I covered a wide variety of topics yesterday during my telephone town hall. This include a long discussion on the the debt ceiling "deal" and our nation's massive debt problem. For those who missed it, you can catch a full reply here...

Monday Afternoon Update

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2.27 Winter Session

Over the next seven weeks, the House is scheduled to be in session a whopping… 14 days. Oh, not to mention we’re just now heading back to D.C. today after being home for the last two weeks. *** This further illustrates how utterly ridiculous it was for some Republicans to have been angry at me and 19 others for negotiating during the House Speaker’s vote back in January. They literally…

Update on Biden's Student Loan "Forgiveness" Program

| Posted in Blog

As promised, here’s a brief update on President Biden’s effort to transfer other people’s student loan debts to you, the taxpayers. Remember I was all over this issue last spring and summer, calling it unfair, unethical, and illegal. I’m not unsympathetic to those who have student loans. But for those who borrowed money from the federal government and spent it on an education – which…

More Thoughts on This Week’s Unconstitutional Overreach by the President

| Posted in Blog

With the stroke of a pen earlier this week, Biden saddled you and other taxpayers with more than $500 billion worth of other people's student loan debt. First of all, isn’t it funny how Democrats are trying to compare that to the Paycheck Protection Program (PPP)? For those of you who don’t remember, the PPP enabled people to remain employed when the pandemic literally shut down much of…

Path Forward to Address Biden's Overreach on Student Loans

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pelosi-statement-on-student-loan-debt

Friends, I’m as outraged as I can be over Biden making YOU responsible for other people’s student loan debts. Of all the things we’ve had to put up with under this administration – skyrocketing inflation, rising violent crime, record levels of illegal immigration, failed foreign policy, on and on – this is just par for the course. So many constituents have called and written into my…

It's unfair. It's unethical. And it's and probably not legal.

| Posted in Blog
student-loan-debt

I know I’ve covered this multiple times, but we need to cover it again. Today, President Biden is expected to announce a plan to “cancel” up to $10,000 in federal student debt for those earning under $125K. Friends, debt isn’t just "canceled." Whether it’s the federal government or a private lender, you don’t just erase loans off the books. What’s really happening here is the…

Letter to Speaker Pelosi re: Offloading Student Loan Debt to Taxpayers

| Posted in Press Releases

On Wednesday, Rep. Ralph Norman (SC-5) co-signed a congressional letter to House Speaker Nancy Pelosi concerning President Biden's recent efforts to offload up to $10,000 from each student loan to taxpayers. "Noticeably absent from the President’s plan is any plausible legal authority to implement such a policy," wrote the lawmakers. "The legislative and executive branches each possess…