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Miami Herald
Miami Herald
Business
Tom Hudson

The Week Ahead: How inflation and moral hazard are at stake in the Supreme Court

Inflation is not a constitutional issue, yet it will be on the docket of the U.S. Supreme Court in the week ahead.

Legally speaking, the justices will hear arguments in two cases regarding President Joe Biden’s effort to cancel hundreds of millions of dollars of college student loan debt. The cases focus on executive branch powers.

Financially speaking, the ultimate decisions this summer will reverberate through the broader economy and millions of household budgets.

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