Birdwatch Note Rating
2023-07-01 22:42:42 UTC - HELPFUL
Rated by Participant: 60CF8AD8A987DB32A89EBA454C8363388A73991B15D9CCD1039CD3D69CCBA37D
Participant Details
Original Note:
The PPP loan forgiveness program was instituted by an act of Congress in the CARES Act - the body tasked with allocating funding. https://www.congress.gov/bill/116th-congress/house-bill/748 The Constitution grants the "power of the purse" to the House. https://history.house.gov/Institution/Origins-Development/Power-of-the-Purse/ Biden's Student Debt Relief Plan was not passed by Congress or signed into law. https://www.nbcnews.com/politics/supreme-court/supreme-court-rule-bidens-student-loan-forgiveness-plan-friday-rcna76874
All Note Details