Arkansas Attorney General Leslie Rutledge issued a statement following a federal District Courts decision to dismiss a suit against the Biden Administration for illegally cancelling student loan debt. The decision comes after Arkansas co-led a coalition of states in filing a lawsuit in September against President Joe Biden, Secretary of Education Miguel Cardona and the U.S. Department of Education for violating federal law, the constitutional principle of separation of powers and the Administrative Procedure Act.
Attorney General Leslie Rutledge says “I’m disappointed in the court’s decision to dismiss our lawsuit. The state coalition will immediately appeal this decision.”
The lawsuit, which was filed in September, highlights that President Biden knew he did not have the proper authority to authorize this type of executive action, as evidenced by his attempt to work with Congress to find a legitimate and legal solution to the student loan crisis. After Congress routinely failed to pass legislation addressing the issue, Biden attempted to unilaterally act far beyond the authority granted to him by the Constitution. This action will result in approximately half a trillion dollars in losses to the federal treasury and contribute the already rampant inflation the nation is experiencing.
The Democrat Speaker of the House, Nancy Pelosi, summarized it best when she said, “people think the President of the United States has the power for debt forgiveness. He does not.”
Joining Arkansas in the suit are the states of: Iowa, Kansas, Missouri, Nebraska and South Carolina.
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