Birdwatch Note Rating
2023-07-01 13:47:46 UTC - HELPFUL
Rated by Participant: 31BC293E909B69FEA1CABFB4E9741453FEA06E5909D74350C5545ECC92EBED86
Participant Details
Original Note:
The President alone does not have the authority to forgive student loan debt; it takes an act of Congress to take funds from the US Treasury. https://www.law.cornell.edu/constitution-conan/article-1/section-9/clause-7/appropriations-clause By the same token, the CARES act (overseeing PPP Loans and their forgiveness) was passed by Congress. https://crsreports.congress.gov/product/pdf/R/R46397
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