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Transcripts For FOXNEWSW The 20240705

in for harris today on the faulkner focus. john roberts writing in the majority opinion, this court has never drawn the line the secretary suggests and for good reason. among congress s most important authorities is its control of the purse. justice kagan with dissent writing the majority overrides the combined judgment of the legislative and executive branches with the consequence of eliminating loan forgiveness for 43 million americans. i respectfully dissent from that decision. white house says we ll hear from the president directly on this ruling later today. in the meantime let s bring in shannon bream, fox news chief legal correspondent. a lot of political back and forthing now in washington responding to this decision but at the end of the day as you pointed out last hour, the court was not ruling on whether this was a good policy or fair policy. the court was ruling on whether the president had the constitutional authority to issue this directive in the first place.

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Transcripts For FOXNEWSW Outnumbered 20240705

ju julie banderas , dr. janet nesheiwat and ian prior. we begin with shannon bream, who is live at the supreme court. shannon. shannon: kayleigh, we had talked about student loans and issue was standing, state of missouri had standing to bring this legal challenge and secretary of education went too far using the heroes act to wipe out student loans. the 6-3 opinion, the heroes act gives authority to cancel money for student loans, it does not. the secretary can modify regulatory provision, with the education acts, not to rewrite the statute from the ground up, which is essentially what he did to wipe out the loans. the judge wrote this, the statute read gives secretary broad authority to remove national emergency effect on ability to repay student loan. that 6-3 split did not see this the same way. this affects billions in student loans. the president and other democrats suggested, i don t think he had authority to do this and supreme court agreed. lori smiths, free speech

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Transcripts for FOXNEWS Outnumbered 20240604 16:00:00

g to get a second opinion. with innovation refunds, there s no upfront cost to find out. so why not check like i did for my small business? take the first step to see if your small business qualifies for the erc. kayleigh: supreme court dealing severe blow to the biden administration, the highest court striking down the $400 billion student loan bailout derailing a campaign promise. it comes with the 2024 election season around the corner. hello, this is outnumbered, i m kayleigh mcenany, here with co-host emily compagno. joining us is fox news anchor

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