I was talking to my conservative parents today and they were saying "don't count your chickens before they hatch" because there would be many lawsuits against this and they're hoping to get the forgiveness reversed. Of course this is a massively ghoulish position to hold, but after looking into it it does seem like they may be able to do this on the basis that the president can't really allocate money under the :constitution-cool:.

I don't think they actually will do this though because it would be wildly unpopular and diminish the ordinary populace's faith in the government even more. That may be a goal for Republicans though, but at some point the bourgeois must make concessions in order to placate the masses and I think this is probably one of those times.

What do yall think? Is this "illegal" and could it be overturned? Kinda worried about this because this eliminated my SO's student debt

  • fuckmyphonefuckingsu [comrade/them]
    ·
    2 years ago

    Lol. The Fed owns the loans, they can forgive them with the stroke of a pen. There's nothing even a snied piece of shit conservative lawyer could do about it.

    Edit: partner is a litigator. If you hear about any lawsuit against loan forgiveness in the future, rest assured its a bullshit publicity stunt for some ghoulish firm