>SCOTUS has said that the chief executive of the note-holding institution (in this case, the President of the United States) cannot use discretion in deciding who he gets to forgive for loans.
Yes, because the power of the purse rests solely with the House of Representatives.
Despite terms like "the President's budget", the White House has next to no authority in regards to what budget they get and how it will be spent. The legislature (House of Representatives) legislates and the executive (White House) executes; the executor cannot legislate.
This is why the often mentioned PPP loan forgiveness was fine (it was codified by the House) but Biden unilaterally deciding that certain debts to the government are forgiven is not.
Yes, because the power of the purse rests solely with the House of Representatives.
Despite terms like "the President's budget", the White House has next to no authority in regards to what budget they get and how it will be spent. The legislature (House of Representatives) legislates and the executive (White House) executes; the executor cannot legislate.
This is why the often mentioned PPP loan forgiveness was fine (it was codified by the House) but Biden unilaterally deciding that certain debts to the government are forgiven is not.