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Transcripts For FOXNEWSW America 20240705

hello, mike. michael: taxpayer money to provide up to $20,000 for loan forgiveness for around 40 million americans but the court ruled 6-3, the biden administration overstepped its authority. we are covering this from all angles for you, justin and grace took out student loans. they have very different reactions to this ruling. you will want to hear them. they ll be joining us live in just a moment. begin with jacqui heinrich live from the north lawn. jacqui. hey there, mike. the supreme court said today the white house did not have authority to provide billions in student loan forgiveness absent any authorization from congress. it does not appear that there s any path for that there, and right now it is unclear what back-up plan the white house has. we just got a short statement from the president, we are going to hear more from him later, for now he says the fight is not over i will have more to announce this afternoon. i believe it s wrong, i will stop at nothing t

Transcripts For FOXNEWSW Outnumbered 20240705

ju julie banderas , dr. janet nesheiwat and ian prior. we begin with shannon bream, who is live at the supreme court. shannon. shannon: kayleigh, we had talked about student loans and issue was standing, state of missouri had standing to bring this legal challenge and secretary of education went too far using the heroes act to wipe out student loans. the 6-3 opinion, the heroes act gives authority to cancel money for student loans, it does not. the secretary can modify regulatory provision, with the education acts, not to rewrite the statute from the ground up, which is essentially what he did to wipe out the loans. the judge wrote this, the statute read gives secretary broad authority to remove national emergency effect on ability to repay student loan. that 6-3 split did not see this the same way. this affects billions in student loans. the president and other democrats suggested, i don t think he had authority to do this and supreme court agreed. lori smiths, free speech

Transcripts for FOXNEWS America Reports 20240604 17:00:00

showing respect to the supreme court, the highest court in the land. and i would like to see college prices go down. and i would like to see once again the word accountability here, children are raised and college students are raised to pay their bills. finally, we would like to take a moment to say happy birthday hartley. she is an integral fundamental amazing member of our team at outnumbered. she is incredible, and so are you. here is america reports. sandra: thank you, ladies. kick off a new hour here, a live look at the supreme court. the justices issuing the second blockbuster ruling in as many days as the justices move to block president biden s student loan handout and at any moment now we are expecting to hear from president biden directly. what exactly will his response be? hello, i m sandra smith in new york.

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