June 30, 2023

Chairman Arrington Lauds SCOTUS Student Loan Ruling

WASHINGTON—Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the U.S. Supreme Court struck down President Biden’s radical student loan cancellation scheme:

“I applaud the Supreme Court for overturning yet another irresponsible and unconstitutional Biden executive action that would have set a horrible precedent, supercharged America’s entitlement culture, and shifted this $400 billion financial burden from a few upper-income students to many middle- and working-class families.
“President Biden’s regressive student loan bailout not only violated the law and Constitution, but it contradicted basic fairness—to the majority of people who couldn’t afford to go to college, to the taxpayers who would have shouldered the burden, and to every student who worked their way through school or responsibly paid back their student loans.”