A federal appeals court has blocked President Joe Biden's efforts to cancel student loan debt.
The court temporarily blocked President Joe Biden’s student debt transfer just hours after he said that the courts would side with him on the issue.
"The ruling represented a massive setback to the beleaguered White House’s efforts to score victories ahead of November 8’s midterm elections," reported Breitbart.
"Earlier this year, Biden ordered Education Secretary Miguel Cardona to use a routine student loan-adjustment law to transfer perhaps $400 billion of student debt from millions of Americans who knowingly signed for that debt to tens of millions of Americans who did not go to college or already paid off their college loans," reported Breitbart.
"Biden reacted on Friday by telling an audience of students in his home state of Delaware," reported Breitbart.
"You know, they’ve been fighting us in the courts. But just yesterday, a state court and the Supreme Court said, 'No, we’re on Biden’s side,'" Biden said.
"Hours later, however, the U.S. Court of Appeals for the Eighth Circuit took the extraordinary step of issuing an administrative stay to block the program immediately pending further developments," reported Breitbart.
"The normal appellate process takes months, and even expedited appeals typically take a number of weeks. Appeals courts very rarely take actions more quickly than that," according to Breitbart.
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