On Friday, Congressman Barry Moore voted in support of H.J. Res 45, a Congressional Review Act (CRA) resolution that would overturn President Joe Biden’s $400 billion student loan debt forgiveness, saying that it is unconstitutional.
“Biden’s $400 billion dollar giveaway takes the burden off student loan borrowers’ and puts it squarely on the backs of American taxpayers to the tune of $1 trillion,” said Moore. “This radical decision to punish hard-working Americans who never took out student loans or worked hard to pay them back was made unilaterally by President Biden, and today House Republicans reminded him that the Constitution requires that he work with us.”
The Congressional Review Act (CRA) resolution to overturn President Biden’s student loan transfer plan was sponsored by Congressman Bob Good (R-Virginia).
“President Biden’s student loan transfer scheme merely shifts the costs from student loan borrowers onto the backs of taxpayers to the tune of hundreds of billions of dollars,” Congressman Good told the Daily Caller. “I am proud to lead the fight against President Biden’s reckless, unilateral, and unauthorized actions on student loans that would unfairly penalize those who worked hard to pay off their loans or who never took them out in the first place.”
“Since his first day in office, President Biden has worked to circumvent the courts and congressional authority to provide backdoor free college through the student loan program,” said Congresswoman Virginia Foxx. “The president is leveraging the nation’s financial future with his radical agenda that, taken together, could end up costing taxpayers nearly $1 trillion. This is why it’s so important for Congress to pass this resolution and remind the president that he cannot act unilaterally like a dictator to get his way.”
“Student loan forgiveness is regressive, inequitable, and it will not stimulate the economy,” the House Republican Policy Committee wrote. “Instead, it will create an incentive for students to accumulate more debt and award as much as $192 billion to the top 20 percent of income earners. Forgiveness is fundamentally unfair because it will ultimately be paid by taxpayers—many who have faithfully paid off their student loans, worked hard to pay for college, or chose not to go to college at all.”
Barry Moore is in his second term representing Alabama’s Second Congressional District. He is a veteran and a small businessman who served two terms in the Alabama House of Representatives from 2010 to 2018.
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