WASHINGTON, D.C. – On May 10, the Education and the Workforce Committee favorably reported Congressman Bob Good’s (VA-05) Congressional Review Act (CRA) resolution to overturn President Biden’s unlawful student loan transfer scheme by a vote of 24 to 18. The legislation is now eligible for a vote on the House floor.
Read more about the legislation exclusively on The Daily Caller.
“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,” said Congressman Good. “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. The president is leveraging the nation’s financial future with his radical agenda that, taken together, could end up costing taxpayers nearly $1 trillion,” said Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC). “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.”
Good continued, “I thank my Republican committee colleagues for unanimously supporting this effort, and I hope House leaders will schedule it for a floor vote soon.”
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