Foxx Celebrates as SCOTUS Puts Final Nail in Biden's Student Loan Bailout Coffin

Press Release

Date: June 30, 2023
Location: Washington, D.C.

"Mr. President, good riddance to your illegal, economically disastrous taxpayer-funded bailout for the wealthy. I had hoped you would have greater respect for taxpayers and the Constitution, but I am pleased the Court stepped in to hold you accountable.

"With today's ruling, hardworking taxpayers, including the 87 percent of Americans who hold no federal student debt, won't be forced to foot the cost for Biden's $315 billion boondoggle.

"This "one-time' "cancellation' of student loan debt was subterfuge for the radical Left's ultimate goal of taxpayer-funded "free' college for all.

"This scheme would have emboldened colleges to continue raising tuition, forcing students to borrow even more.

"With President Biden and Secretary Cardona's vote buying and mass regressive wealth transfer scheme now behind us, it is time for the administration to get to work on returning borrowers to repayment and advancing policies that actually address the root issues of student loan debt -- rising college costs.

"Simply put, it's time for individual responsibility, not more government dependence."


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