Birdwatch Note Rating
2023-07-01 01:22:12 UTC - HELPFUL
Rated by Participant: DA2103334557DCB538CA4B355F15243AABE01E5BAC44865DF18470C5C062E0CF
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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