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February 28, 2023
Concerns are being raised by the Supreme Court over whether Joe Biden can actually forgive student loan debt as he has promised.
The CBO has warned that interest payments on national debt will exceed defense spending during this current decade.
February 17, 2023
The CBO is warning that the federal debt is growing faster than expected, adding that deficits will average $2 trillion.
January 11, 2023
The feds borrowed $4 billion per day last year in a grand total of $10K per household. This came as federal debt soared by $1.4 trillion.
illinois recession
December 7, 2022
A major U.S. credit rating agency sees a mild recession ahead and while Illinois’ public finances are expected to remain stable, the state will perform poorer than other states.
bident student loan debt
August 30, 2022
All demand begins with supply. Government isn’t some other. For government to hand out “demand,” someone must have less of it.
Biden Still Looking Into Student Loan Forgiveness As Midterms Get Closer
May 27, 2022
President Joe Biden is reportedly getting closer to a decision that could cancel roughly $10,000 worth of federal student loans per borrower.
identity theft scams
March 24, 2022
With the average American owing an estimated $90,000 – it’s not surprising that “phantom debts” are one of the hottest scams.
new york city debt
February 22, 2022
A new report by Truth In Accounting shows that New York City has $204.4 billion in debt—$71,400 per taxpayer.
biden spending debt
The national debt hit another milestone and experts are warning that continuing to increase federal spending will have dangerous consequences.
federal debt interest
According to the United States Treasury, the United States spent $52.4 billion in Fiscal Year 2021 on interest payments alone.
Representative Alexandria Ocasio-Cortez (AOC) cited her own $17,000 in student loan balances in a speech arguing in favor of canceling education debts.
December 9, 2021
Representative Alexandria Ocasio-Cortez (AOC) cited her own $17,000 in student loan balances in a speech arguing in favor of canceling education debts.