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# Today’s Morning News
### Your Daily Cartoon
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### **Biden's Failing Attempt: SCOTUS Rejects Key Component of Student Loan Forgiveness**
Earlier this week, the United States Supreme Court dealt another blow to President Joe Biden's ill-conceived student loan debt cancellation scheme, refusing to allow the core element of his "Saving On A Valuable Education" (SAVE) proposal to proceed.
Despite the Administration's frantic efforts to revive the failing initiative, the High Court ruled against allowing the embattled SAVE program to continue following lawsuits filed last summer by several Republican-led state governments. This crucial setback questions the fate of tens of thousands of would-be beneficiaries reliant upon government handouts to alleviate their personal financial burdens.
Prior to these recent setbacks, approximately eight million individuals signed onto the SAVE framework, with around four hundred thousand receiving partial or complete erasure of outstanding balances owed. However, yesterday's judgment casts doubt regarding further implementation amid ongoing litigation challenging the constitutionality and fiscal prudence behind Mr. Biden's costly endeavor.
For context, the president initially sought sweeping cancellations totaling upwards of $420 billion, affecting over forty-three million Federal Direct Loans recipients – a staggering figure dismissed outright by our nation's highest bench earlier last year due to executive branch overreach concerns. Subsequently revised plans targeted thirty-million-plus participants yet similarly face mounting judicial scrutiny, exposing both administrative hubris and budgetary recklessness within today's Democratic Party leadership ranks.
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Have a great day!
_Sam Bennett_
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