In answer to the question posed in the headline, obviously the U.S. Supreme Court majority doesn’t think the president has the authority to spend that much taxpayer money, as laid out in a ruling made official by the court last week.Spending does indeed rest solely with the U.S. Congress. Namely, the House and the Senate.In his campaign, Joe Biden promised to cancel $10,000 in student loan debt for all borrowers. However, after taking office, he faced pressure from both Democrats and Republicans to scale back his proposal. So, in August 2022, he announced a plan to cancel up to $20,000 ...