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Transcripts for CNN CNN News Central 20240604 13:55:00

million american, and amounts to the price tag of $400 billion. this is put on hold by the lower court so it has not been in effect, and if they rule in favor of the biden administration, they could put this program back into effect. they have approved $26 million applications, and more than 40 million people are eligible here, but the big sticking point is whether the administration has the power under federal law to do this. the conservative justices at argument were skeptical about whether the biden administration could enact this program especially with such a big price tag. there was question about the fairness. justice gorsuch said why fair if millions of americans have paid off the loans, and why certain people get student loan forgiveness, and that is the big case affecting millions of people than the second one. the second one is about a wedding website designer in colorado who is suing saying

Transcripts for CNN CNN News Central 20240604 13:09:00

because she s my favorite an sor an anchor on cnn news central. she has to sue you. the problem in this matter is it s not clear who has sitting. the supreme court grappled with this in oral argument. a bunch of states sued the bilden admbiden administration, but the loan service providers didn t. they could make this going away saying the wrong party is suing here. missouri is suing saying there are loan servicers in our state are wronged here. but they re not in it, it s state doing it on their behalf. the justices could decide to do their case. if there is standing there s a separation of powers argument. there s a straightforward congressional statute that says in the time of a national emergency, the secretary of education has the authority to amend loan spending or student loan programs, right, so the question was, president trump declared covid an emergency, and then president biden years later

Transcripts for CNN CNN News Central 20240604 13:02:00

news central. decision day, round two, two consequential cases standing before the supreme court breaks for the summer, and next hour, the final rulings, the fate of student loans right now is uncertain as the justices soon decide whether or not president biden s debt forgiveness program can take effect. the plan would erase up to $20,000 in loan payments for borrowers. and with more than 40 million eligible borrowers in limbo, $400 billion of taxpayer money is on the line. will the court block biden s plan? plus, was a web site designer s free speech violated by a law in colorado? the designer opposes same-sex marriage, and if the court rules in her favor, civil rights groups are worried it could leave the door open for business owners to deny services, not just as same-sex couples, but even along racial and religious

Transcripts for CNN CNN News Central 20240604 13:22:00

president biden is weighing in to say the supreme court decision on affirmative action cannot be the last w word. for freeee. that s w what i m talking abou. order in the subway app totoda. bug spray works best. when your family actually wears it. get odor-free ght hour protection from mosquitoes and ticks without the ick. zevo on-body rellent. people love it. bugs hate it. you got this. let s go. gobble gobble. i ve seen bigger legs on a turkey! rude. who are you? i m an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i m also mr. leg day.1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com.

Transcripts for CNN CNN News Central 20240604 13:54:00

says that the state of colorado is violating her free speech rights. she says she does not want to enter a website business, because she does not want to work with same sex couples, because she shouldn t be forced to over her objection to work with same sex couples, and if so, it could open up the door to refuse working with other groups based on race and religion and other groups. and so for more we bring in our special correspondent jessica schneider, and the supreme court is ruling again, and bring us up to speed on all of the key rulings. yes, in a moment, sara, get the last opinions of the term, and the biggest being the student loan forgiveness program, and the supreme court is going to decide if the biden administration has the authority to cancel student debt for 40

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