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Fox News contributor Molly Hemingway reportedly upset by Biden’s student loan handout, president’s January press conference that couldn’t be stopped by First Lady Dr. Jill Biden , and discussing the Democratic Party’s agenda.
The U.S. Court of Appeals for the Eighth Circuit on Friday granted a motion to temporarily block President Biden’s plans to distribute student loans.
An appeals court ruled in favor of six Republican-led states, asking them to halt Biden’s distribution plans while the courts proceed with the injunction.
Biden’s plan aims to cancel up to $20,000 in student loan debt for college Pell grantees and up to $10,000 for other students who borrowed using federal student loans.
Eligibility for distribution includes adjusted gross income of less than $125,000 for individuals and less than $250,000 for married individuals.
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President Biden speaks about Hurricane Ian during a visit to FEMA headquarters in Washington, Sept. 29, 2022. (AP Photo/Evan Vucci, Files/AP Newsroom)
The decision by the Court of Appeals came just days after the White House released an online application for handouts.
President Biden said the application portal successfully retrieved more than 8 million applications during testing last weekend.
BIDEN Admins Release First Student Loan Handout Applications Weeks Before Midterm Elections
US President Joe Biden tours a Volvo Group powertrain in Hagerstown, Maryland, October 7, 2022. (Chip Somodevilla/Getty Images/Getty Images)
“With millions of people filling out applications, we want the system to continue to function as smoothly as possible, helping millions of Americans get student loan relief as quickly and efficiently as possible,” Biden said. so that it can be provided to
President Biden spoke Friday about distributing student loans at Delaware State University.
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President Biden speaking at the Volvo Group’s Powertrain Operations Facility in Hagerstown, Maryland, Friday, October 7, 2022. (AP Photo/Julio Cortez/AP Newsroom)
“Our student loan plan will reduce the cost of helping Americans recover from the pandemic and allow everyone to take a little breather. Who will benefit the most working people, the middle class. We want to be clear about whether or not,” Biden said. “More than 40 million Americans stand to benefit from this relief.
This is a developing story. Her Aislinn Murphy of Fox Business and her Reuters contributed to this report.
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