Fox News contributor Mollie Hemingway discusses Biden’s student loan handout, First Lady Dr. Jill Biden reportedly being angry over a January press conference of the president’s that wasn’t stopped, and the Democrats’ agenda.
The 8th U.S. Circuit Court of Appeals granted a motion on Friday to temporarily block President Biden’s student loan handout plan.
The appeals court ruled in favor of six Republican-led states who requested that Biden’s handout plan is halted while the court works through its request for an injunction.
Biden’s plan, which aims to cancel up to $20,000 in student loan debt for Pell Grant recipients in college and up to $10,000 for others who borrowed using federal student loans.
Qualifications for the handout include having an adjusted gross income of less than $125,000 individually, and less than $250,000 if married.
President Biden speaks about Hurricane Ian during a visit to FEMA headquarters, Sept. 29, 2022, in Washington. (AP Photo/Evan Vucci, File / AP Newsroom)
The decision by the appeals court comes just days after the White House released the online application for the handout.
President Biden said that the application portal took over 8 million applications without any problems during its testing period, which was last weekend.
BIDEN ADMIN RELEASES INITIAL STUDENT LOAN HANDOUT APPLICATION WEEKS BEFORE MIDTERMS
U.S. President Joe Biden delivers remarks after touring Volvo Group Powertrain on October 07, 2022 in Hagerstown, Maryland. (Chip Somodevilla/Getty Images / Getty Images)
“As millions of people fill out the application, we’re going to make sure the system continues to work as smoothly as possible so that we can deliver student loan relief for millions of Americans as quickly and as efficiently as possible,” Biden said.
President Biden spoke about the student loan handout at Delaware State University on Friday.
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President Biden speaks at the Volvo Group Powertrain Operations facility in Hagerstown, Md., Friday, Oct. 7, 2022. (AP Photo/Julio Cortez / AP Newsroom)
“Our student loan plan lowers costs for Americans as they recover from the pandemic to give everybody a little more breathing room. I want to be clear who’s going to benefit most Working people. Middle class folks,” Biden said. “More than 40 million Americans stand to benefit from this relief.
This is a developing story. Fox Buisiness’ Aislinn Murphy and Reuters contributed to this report.
