On March 17, 2023, the Government Accountability Office issued a legal decision finding that President Biden’s student loan bailout plan should have been submitted to Congress as a ‘rule.’ This decision reaffirmed Congress’ authority to conduct oversight over the president’s reckless proposal.   

“Since his first day in office, President Biden has worked to circumvent the courts and congressional authority to provide backdoor free college through the student loan program. The president is leveraging the nation’s financial future with his radical agenda that, taken together, could end up costing taxpayers nearly $1 trillion,” said Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC). “This is why it’s so important for Congress to pass this resolution and remind the president that he cannot act unilaterally like a dictator to get his way.” 

What:
Markup of H.J. Res. 45, a resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Waivers and Modifications of Federal Student Loans" 

When:
10:15 a.m. on Wednesday, May 10, 2023

Where:
2175 Rayburn House Office Building 

Original source can be found here