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Transcripts For FOXNEWSW Special 20240705



beliefs. another day of decisions split 6-3 showing deep divisions at the nation s highest court in an opinion by chief justice john roberts the majority struck down the biden administration s plan to wipe out $430 billion until student loan debt. quote, we hold today that the act allows the education secretary to wave or modify existing statutory or regulatory provisions applicable to financial assistance programs under the education act. not to rewrite that statute from the ground up. the dissenters led by justice kagan argued the secretary did have that power. quote the statute read as written gives the secretary broad authority to relieve a national emergency s effect on borrowers abilities to repay their student loans. president biden who has repeatedly vowed to wipe out student loan debt while conceding he may not have authority blasted the court and promised to find other ways to benefit borrowers. i think the court misinterpreted the constitution. in today ....

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Transcripts For FOXNEWSW Jesse 20240705



biden isn t a king. but don t take that from me. people think that the president of the united states has the power for debt forgiveness. he does not. he can postpone, he can delay. but he does not have that power. that has to be an act of congress. so catch this. the court citeded that exact line from pelosi when they slapped down biden s bailout. one of the very few times nancy and i agree on anything. but that hasn t stopped the media from losing it. if you think about all the grievances that are brought about the trump election, what you re seeing is severe backlash in the sense that people do not want to see black and brown people excel in this country. do you think it s a setback for gender equality? well, it s definitely a setback for social mobility through education. these decisions over the last 24 hours are essentially making it harder for a range of communities to go to college and seek a higher education. this represents an extremist minority ....

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