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U.S. House Speaker Kevin McCarthy, R-Calif., said Monday Republicans will vote to cut federal spending when it agrees to raise…
Concerns are being raised by the Supreme Court over whether Joe Biden can actually forgive student loan debt as he…
The CBO has warned that interest payments on national debt will exceed defense spending during this current decade.
The CBO is warning that the federal debt is growing faster than expected, adding that deficits will average $2 trillion.
The feds borrowed $4 billion per day last year in a grand total of $10K per household. This came as…
A major U.S. credit rating agency sees a mild recession ahead and while Illinois’ public finances are expected to remain…
All demand begins with supply. Government isn’t some other. For government to hand out “demand,” someone must have less of it.
President Joe Biden is reportedly getting closer to a decision that could cancel roughly $10,000 worth of federal student loans…
With the average American owing an estimated $90,000 – it’s not surprising that “phantom debts” are one of the hottest scams.
A new report by Truth In Accounting shows that New York City has $204.4 billion in debt—$71,400 per taxpayer.
The national debt hit another milestone and experts are warning that continuing to increase federal spending will have dangerous consequences.
According to the United States Treasury, the United States spent $52.4 billion in Fiscal Year 2021 on interest payments alone.