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Transcripts For FOXNEWSW Your 20240705

neil: demand all they want. the supreme court has ruled against the president s loan forgiveness program. a lot of folks not happy about that. there s options to make the payments more affordable or come up with some other solution. we re expecting to hear from the president of the united states on that. welcome. i m neil cavuto. shannon bream has had a busy day. tell us what s going down. let s talk about the student debt relief program that the supreme court 6-3 said cannot move forward. the chief justice had this to say. that s what the court found here. they said essentially they re waiving away $430 billion in executive loans. dissenting justice kagan said the statute does give the secretary broad authority to relieve a national emergency s effect on borrower s ability to relieve. the secretary did that. clearly the two sides saw this differently. the bottom line strawberry that program, which the president had expressed it being illegal, the speaker of the house s

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Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 20:34:00

thanks for being a joy to work with. i hope you are you will enjoy more time at the tee following your last day here. we will truly miss you and thank you for just always being a friendly face. we do, the team, decided to get you something. so here you go. can you step away for a second or do i have to i can come back. [applause] very excited. okay. now i m going to turn it over the secretary cardona who will saw a few words about the plan that the president announced today after the supreme court decision and of course barat is

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Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 20:02:00

secretary broad authority to relieve a national emergency s effect on borrower s ability to relieve. the secretary did that. clearly the two sides saw this differently. the bottom line strawberry that program, which the president had expressed it being illegal, the speaker of the house said it was not legal. the court, the supreme court agrees and it means if you ve been in limbo and waiting, you re not going to get it waived away based on what the president said. neil: let s see what the president is going to do. right now the president of the united states. many people feel discouraged and angry about the court s decision on student debt. i must admit, i do, too. before i tell you the steps we re going to take, i want to talk about what we ve been able to achieve so far on student loan over the past few years. first, we made the largest increase in pell grants in over a decade helping students from

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Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 20:58:00

position eat 17, four years out from buying a beer and away to sign away the down payments on their homes. the next generation doesn t want to repeat history. there s one million fewer kids in college than there were prepandemic. a lot of saying there s more than one pathway to success. neil: tim, the administration is laying out a plan working through the higher education act. i can get in the weeds. i don t understand it. so if you ll forgive me. just seems to be another means of trying to reheat this thing. i don t know how far it s going to go. doesn t seem likely to go far. what do you think of that? yeah, i m not an expert on the legality of this. to me it toes make a big impact on my vote that they re trying something. i think something needs to be done about this situation. so the option of just taking this supreme court decision and not making any progress, dropping this off, biden made a promise to us as voters. i appreciate he s taking it a step further. neil: so you d

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Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 20:31:00

disappointed in the supreme court s decision today in 303 creative which takes our nation back in the fight for equality. this decision undermines the basic truth that no american should face discrimination for who they are or who they love. it s even more disappointing as we close out pride month today, it chips away at a longstanding lous that protect all americans against discrimination and public accommodations including people of color, people with disabilities and people of faith and women. while the court s decision expresses original designs as president biden said, we re concerned the decision could invited more discrimination against the lgbtq + community. we know that when one group s dignity and equality are threatened, the promise of our democracy is threatened. we all suffer. the administration will remain focused on enforcing federal

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