Missouri Attorney General Andrew Bailey announced that the U.S. District Court for the Eastern District of Missouri granted his motion to block what he called President Biden’s latest illegal student loan handout scheme. Bailey said that Congress never gave Biden the authority to saddle working Americans with half-a-trillion dollars in other people's debt and that this is a huge win for the Constitution. Bailey told FOX Business exclusively that it's a huge win for the rule of law.
The United States Supreme Court ruled in favor of Bailey’s previous challenge to what the AG called Biden's unilateral and unlawful wealth transfer of hundreds of billions of dollars in student loan debt. In a 6-3 decision, Bailey said the Court struck down Biden’s plan as unconstitutional, citing the massive $430 billion-plus impact on the federal budget without express authority from Congress.
During my time in the United States Army, I swore an oath to protect the Constitution against enemies both foreign and domestic. I took a similar oath to uphold the Constitution when I was sworn in as Attorney General," Bailey said. "Only Congress has the power of the purse, not the President. Today’s ruling was a huge win for the rule of law, and for every American who Joe Biden was about to force to pay off someone else’s debt.