Biden accused of 'shredding the Constitution' with new student loan bailouts: 'A stunning act of contempt'

Fox News legal analyst Gregg Jarrett joined "Fox & Friends" Monday to discuss Biden's upcoming announcement on student loan forgiveness on the campaign trail.

GREGG JARRETT: They're inventing a different, runaround, the Supreme Court decision. In so doing, Joe Biden is brazenly defying the law, and then he has the audacity, the arrogance to brag about it, admitting recently, yes, the Supreme Court blocked my plan, it's illegal. But then he said, quote, that won't stop me. You know, no amount of lawlessness is beyond Joe Biden by dictate. What he's really doing is shredding the Constitution. He changed his method of loan forgiveness in the latest plan. But the same legal principles that make it unconstitutional, still apply. He's not canceling anything, he's transferring billions of debt from borrowers to taxpayers and under the Constitution, only Congress has the power to do that, as the Supreme Court explained in their decision. So this is a stunning act of contempt. Biden says he doesn't care about the separation of powers, the law or the Constitution. So I sort of ask you here: who's the dictator? Who's the threat to democracy?  This article was written by Fox News staff.

The court has struck down multiple versions of Biden's plans for a student loan bailout, and 11 Republican-led states filed a lawsuit against the version he announced in February. The new Biden plan is expected to affect up to 30 million Americans, who will see sizable portions of their student debt slashed before the November election, according to the Wall Street Journal.

Biden is scheduled to unveil the plan during a public event in Wisconsin on Monday.