DIVE BRIEF 6 states sue to block Biden administration’s debt forgiveness

Six states sued the Biden administration Thursday in a Missouri federal court in an attempt to stop a wide-ranging student loan cancellation plan the president announced last month.
President Joe Biden’s plan infringes on powers the Constitution gives Congress and skirts proper regulatory procedures, the lawsuit argues. It was filed by Republican attorneys general from Arkansas, Kansas, Missouri, Nebraska and South Carolina, as well as Iowa’s solicitor general.
The states are asking the court for an immediate restraining order to stop debt forgiveness from going forward. That’s necessary because the Biden administration signaled it could start forgiving debt as soon as next week, the lawsuit says.