(UnitedVoice.com) – Senator Mitt Romney (R-UT) was once one of the most popular Republicans in the country. He ran against former President Barack Obama in 2012. Later, he ran for the Senate and won the seat. In the last few years, he has remained popular in his state but is wildly unpopular with supporters of former President Donald Trump. Recently, he stood up for his party’s beliefs and took a stand against President Joe Biden.
On March 27, Senator Mitt Romney (R-UT) announced he’d joined Senator Bill Cassidy (R-LA) and 35 other Republicans in introducing the Congressional Review Act (CRA). The resolution seeks to overturn Biden’s plan to cancel student loan debt for millions of Americans. The senator explained the policy doesn’t actually cancel anything. Instead, it transfers the debt from the person who borrowed it to the American taxpayer.
Biden announced the plan to cancel either $10,000 or $20,000 in student debt for people who met certain financial qualifications. Romney said the plan “makes no sense.” He claimed it’s “unfair to those who already repaid their loans” or who chose paths that didn’t include taking on debt. Further, the former presidential nominee said the debt cancellation policy is “wildly inflationary at a time of already historic inflation.”
The Administration's student loan cancelation scheme is unfair, wildly inflationary, and will increase our burgeoning national debt. While the President's legal authority in forgiving the debt is dubious at best, our resolution will overturn these actions.https://t.co/ccssXRSRXq
— Senator Mitt Romney (@SenatorRomney) March 27, 2023
Cassidy has also accused Biden of not actually canceling debt. He said the burden would just shift to people who didn’t take on loans. Senator John Cornyn (R-TX) called the president’s policy “unfair” to Americans who worked hard to pay their debt, sometimes by taking on multiple jobs at once.
Biden’s plan to cancel loan debt is currently in the hands of the Supreme Court. The Justices heard a challenge to it recently and will decide sometime in the spring about whether to allow it to stand. In the meantime, Americans who were hoping for the cancelation are waiting to find out how to proceed.
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