National debt reaches $40 trillion for the first time ever
Representative Jody Arrington (R-Texas) discussed on “The Bottom Line” the urgent need for fiscal reforms, emphasizing the importance of controlling spending and reducing waste in government. The national debt of the United States reached a staggering $40 trillion for the first time on Wednesday, indicating ongoing fiscal challenges as the federal budget deficit persists and […]
Major Tech Disrupts Government’s Strategy to Manage Massive Debt
The bond market in Washington is encountering significant hurdles as investors seek higher returns for lending to the federal government, while major artificial intelligence firms increase their borrowing to support infrastructure projects. The yield on the 30-year U.S. Treasury has climbed to its highest point since 2007 as of Monday, and the yield on the […]
Rising national debt in the US pushes Treasury yields to all-time highs
The Big Money Show Discusses Economic Trends The Big Money Show recently examined the decline in retail sales for July, decreasing inflation rates, and the escalating U.S. national debt, which is nearing the $40 trillion mark. The panel also touched on record stock market figures and the possibility of easing capital gains taxes. Investors are […]
Nolan’s Odyssey highlights the $40 trillion national debt crisis facing America
Reflections on The Odyssey and Today’s Challenges The most unsettling moment in Christopher Nolan’s adaptation of The Odyssey isn’t really about the mythical creatures or sea disasters. It’s something much closer to home—literally. Picture this: a crowd invades Odysseus’ palace in Ithaca. They butcher livestock, drink all the wine, and lounge around, pressuring his wife […]
AOC has not paid off her student debt while starting an expensive egg freezing process.
WASHINGTON — Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) has been earning a salary of at least $174,000 annually for almost eight years, yet, like several members of her “Squad,” she still struggles with student loan debt, according to financial disclosures from the House. The Democratic representative from the Bronx and Queens has debts ranging from $15,001 to […]
Five years after leaving, we still owe a debt to our Afghan allies.
Support for Afghan Refugees Needs Renewed Commitment Nearly 20 years after the U.S. invasion of Afghanistan, the abrupt withdrawal of troops in 2021 left the country under Taliban control again. Many images from that chaotic moment—people clinging to planes in desperation—still linger in our minds. Following this turmoil, various groups, particularly conservative evangelicals and veterans’ […]
French Leftist Presidential Hopeful Mélenchon Proposes Abolishing National Debt
Debt Erasure Proposal Stirs Controversy in France Jean-Luc Mélenchon has put forth an idea that one-fifth of France’s debt held by the Banque de France could be wiped clean. This has led to concerns that such an economically naive suggestion could lower Paris’ credit rating, ultimately jeopardizing the national economy. France’s financial woes have been […]
Credit card debt increased by $21 billion. Here are ways to have your debt forgiven now.
Credit card debt is rising again, and it’s quite a hefty figure. According to the latest Household Debt and Credit report from the New York Fed, total balances have reached $1.26 trillion, which is an increase of $21 billion in just the second quarter of 2026. If you’ve been struggling with high-interest credit card debt, […]
LA Rams quarterback Matthew Stafford faces a $534K tax debt before the 2026 NFL season.
Matthew Stafford and Wife Face Significant Tax Debt Matthew Stafford, the MVP of the NFL, and his wife Kelly are dealing with over $500,000 in tax debt as the football season approaches. The couple, who play for the Los Angeles Rams and previously won the Super Bowl, have received state tax liens amounting to $534,453.67 […]
NY Democratic Socialist Claire Valdez Labels Puerto Rico a ‘Colony,’ Urges Debt Cancellation
Claire Valdez, a socialist, stated in an interview that Puerto Rico deserves representation in Congress “until it is no longer a colony” and advocated for the cancellation of the island’s debt as well as the dissolution of the federal oversight board. Valdez, who is running for New York’s 7th Congressional District, shared her views during […]