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Saturday, November 2, 2024

Johnson Supports SCOTUS Ruling on Student Debt Forgiveness

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Congresman Dusty Johnson | Congresman Dusty Johnson Official U.S. House Headshot

Congresman Dusty Johnson | Congresman Dusty Johnson Official U.S. House Headshot

Washington, D.C. – On June 30 2023, U.S. Representative Dusty Johnson (R-S.D.) issued the following statement responding to the Supreme Court’s Biden v. Nebraskadecision, ruling President Biden’s plan to forgive $500 billion of student debt is unconstitutional:

“Forgiving tens of thousands of dollars in debt for those who haven’t made payments in years is insulting to the millions of Americans who have paid back every penny they borrowed,” said Johnson. “The cost of this debt forgiveness would be a baffling $500 billion or more. Our national debt is skyrocketing, and a policy like President Biden’s would only make it worse.”

Johnson has been opposed to the Administration’s policy to cancel student debt since it was announced. He has supported bills such as the Can’t Cancel Your Own Debt Act and the Stop Reckless Student Loan Actions Act. In May, he voted to restart student debt payments.

Economy Education

Original source can be found here.

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