Birdwatch Note Rating
2023-07-01 12:48:31 UTC - HELPFUL
Rated by Participant: D3B6F51DF53F7DA49DE1824F7BC80E4FA41E415379BF64B76C2647267C786BE1
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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