Cato Files Suit to Stop Biden's Student Bailout
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 20 October 2022
⏱️ 10 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Thursday, October 20, 2022. |
| 0:06.7 | I'm Caleb Brown. |
| 0:07.8 | The Cato Institute has filed suit challenging the President's authority to spend without |
| 0:11.8 | congressional approval billions of dollars to cancel student debt. |
| 0:15.6 | Clark Neely is a senior vice president for legal affairs at the Cato Institute we spoke earlier today. |
| 0:22.0 | In response to President Biden's mass debt cancellation for many students, former college students, |
| 0:30.0 | many lawsuits have been filed. |
| 0:34.0 | What makes this suit different and why is it, do you think it's important for many different |
| 0:41.9 | groups to file their own suits when we're talking about many |
| 0:45.8 | billions of dollars. Yeah unfortunately the way things have developed courts are becoming increasingly inclined to turn efforts |
| 0:57.1 | to challenge plausibly unlawful government conduct into a kind of a game of |
| 1:01.6 | whackable where the question about whether the government is in fact |
| 1:07.9 | acting illegally never gets reached because they try to the courts will bend over backwards and try and find some way to find that a given plaintiff doesn't have standing or the suit isn't ripe yet or it's moot or there's some other reason why a particular plaintiff can't even be in court to challenge the program and so a number of organizations including most recently Cato have tried to come up with ways to assert a redressable injury |
| 1:38.0 | that would be sufficient to provide standing. |
| 1:40.4 | And the sort of the new twist in Nikato case is arguing that a pre-existing program called the |
| 1:46.8 | Public Service Loan Forgiveness Program that was designed by Congress to sort of enhance the ability of nonprofits to compete for employees has been |
| 1:58.4 | undercut, completely undercut and undermined by this unilateral executive action on the part of the |
| 2:03.8 | Biden administration and that's our sort of unique angle. So more broadly to hear |
| 2:09.0 | Tommy Berry tell it at the Cato Institute, the fact that the administration chose the Heroes Act as one of its reasons |
| 2:19.7 | for or reasons for claiming the authority to be able to do this without congressional permission is important. |
| 2:28.0 | Well, unfortunately, this is part of the pattern that we've seen through multiple administrations |
| 2:33.7 | that when the president wants to implement some policy but Congress hasn't |
... |
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