CNN Admits Canceling Student Debt Is Legally Dubious, Increase Inflation

Nicholas Fondacaro | August 25, 2022
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***The complete post is on NewsBusters***

While many in the liberal media were lauding President Biden for announcing he plans to cancel between $10,000 and $20,000 in student debt per borrower, CNN’s At This Hour swallowed the hard pill and admitted that not only was the move legally questionable but also could cause inflation to spike yet again. But whatever goodwill that reporting may have garnered was squandered immediately by them parroting the Big Lie that we’re not in a recession.

As they were discussing the justifiable outrage among those who didn’t take out student loans and those who paid theirs off, CNN host Chris Wallace recalled that “in 2021, both Joe Biden and Nancy Pelosi said that the president didn't have the unilateral power to forgive student loans.”

“So, you know, there’s a big jump from that to what the President ended up doing yesterday. And as a result, you're going to definitely see court challenges to this sooner rather than later,” he added.