Mike Lee sounds off on US national debt, spending
Republican Sen. Mike Lee of Utah is sounding the alarm about the high interest rates on the national debt. “We’re so fucked up. And we’re glued together. We’re tattooed. We’re going to pay more than $1.1 trillion in interest this year. That’s the result of decades of reckless, hegemonic It’s a result of control,” Lee […]
Bidenomics Sinks Gen Z Even Deeper into Unprecedented Debt
High interest rates and crippling inflation brought about by President Joe Biden’s disastrous economic policies mean young people are carrying more credit card debt than previous generations. “Housing inflation has proven to be one of the most troubling factors driving up the cost of living, with rents exceeding salaries in all but six of the […]
Ron Paul on FOX News with Martha MacCallum taking about his new Ad and the Debt Limit – 07 15 11.flv
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Gen Z has an average of $2,834 in credit card debt
An alarming new report says that inflation-stricken Gen Z faces significantly higher debt burdens than Millennials did when they were their age. The average credit card balance for Zoomers aged 22 to 24 in their prime years was $2,834 in the final quarter of 2023, compared to an inflation-adjusted average balance of $2,248 during the […]
Most borrowers delay major life events because of student loan debt: survey
A recent study shows that student loan debt is the reason many people are delaying important life milestones like graduating from college. (iStock) For most student loan borrowers, borrowing money to attend college closes the door on many important life milestones, including completing a degree program, according to a recent Gallup poll. Said. Overall, 71% […]
What the rising US debt means for Americans
While the nation’s more than $34 trillion debt remains a top concern for some on Capitol Hill, polls show Americans are also becoming increasingly concerned about the nation’s balance sheet. . Opinions are sharply divided in Washington over how to tackle the nation’s budget deficit, but there is momentum within House Republicans to call for […]
Struggling train maker Alstom plans to cut debt with €1bn rights issue | Rail industry
Alstom plans to raise €1bn (£870m) to reduce debt as the world’s second-largest train maker struggles with order delays due to concerns over the future of its Derby factory. The Paris-listed company will seek investors with the aim of raising funds by September. The company also plans to issue 750 million euros in bonds as […]
Black influencer tells Dr. Phil Biden student loan handouts a ‘slap in the face’ to those who didn’t take debt
Multiple guests on Dr. Phil Prime Time blasted President Biden’s student loan benefit program, arguing that colleges, not taxpayers, should be held responsible. Dr. Phil opined that student borrowers are being “targeted by predatory lending.” The host said, “Overall statistics show that you’ll earn about $1 million more over your lifetime if you get a […]
Elon Musk sounds alarm national debt
Wealthy businessman Elon Musk has sounded the alarm about America’s huge national debt, warning that the US dollar will become worthless unless action is taken to address the issue. . Musk: “If we don’t do something about the national debt, the dollar will lose its value.” tweeted. According to the report, the country’s national debt […]
Small businesses are racking up credit card debt, raising some concerns
Joe Germanotta, owner of Joan Trattoria and father of Lady Gaga, talks about the economy and inflation, crime in New York City, and the state of small businesses in a wide-ranging interview on Mornings with Maria. Small businesses are increasingly turning to credit cards as a primary source of funding as they continue to grapple […]