The Supreme Court should disallow President Joe Biden’s sweeping plan to partially forgive student loans, former House Speaker John Boehner and former Reps. Howard “Buck” McKeon (R-Calif.) and John Kline (R-Minn.) told the court.
Biden introduced the plan in August 2022 in a move that critics decried as a constitutionally dubious attempt to shore up Democrats’ fortunes ahead of the November 2022 congressional elections. While the Congressional Budget Office said the plan could cost about $400 billion, the Wharton School at the University of Pennsylvania estimates the price tag could exceed $1 trillion.
