3 ms·

We literally just had the Surpreme Court strike down loan forgiveness on the basis that the pandemic was not a national emergency. https://www.scotusblog.com/2

• thrill 3y ago
  The majority did not address whether the pandemic was a national emergency but that the Act as passed by Congress did not delegate the ability to forgive the loans to the Administration.
• jstarfish 3y ago
  Someone should tell that to the SBA. Maybe we can claw back some of that PPP money issued to businesses on account of the national emergency that wasn't.
• paulddraper 3y ago
  That is an incorrect understanding, even according to the article you linked. It was struck down because not because the circumstances (emergency) was not met, but rather because the action itself was not allowed. > The HEROES Act, Roberts emphasized, gives the secretary of education the power to “waive or modify”...“modify” means that the Biden administration can make “modest adjustments and additions to existing provisions...Roberts stressed, instead “created a novel and fundamentally different loan forgiveness program.”...Roberts suggested, “only in the same sense that the French Revolution ‘modified’ the status of the French nobility — it has abolished them and supplanted them with a new regime entirely.”