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Debt Ceiling Theater

(American Institute for Economic Research) It’s time again for Debt Ceiling Theater. Since 1940, Americans have typically caught this show just about every eight...

Nancy Pelosi’s Other Legacy: A Mountain of Debt for Our Children

(Jon Miltimore, Foundation for Economic Education) House Speaker Nancy Pelosi officially stepped away from leadership last week after two decades directing the political agenda of House...

US to Max Out on Debt Soon, Setting Up Political Fight

(AP) The federal government is on track to max out on its $31.4 trillion borrowing authority as soon as this month, starting the clock...

After Years of “Stimulus” Come Surging Debt and Falling Wages

(Ryan McMaken, Mises Institute) As interest rates rise on everything from mortgages to car loans to Treasurys, that also means interest is rising on...

Will Global Rate Hikes Set Off a Global Debt Bomb?

(Daniel Lacalle, Mises Institute) Raising interest rates is a necessary but insufficient measure to combat inflation. To reduce inflation to 2 percent, central banks...

3 Steps to Lower the Cost of Your Debt

(NerdWallet) Does the thought of dealing with your debt make you want to go back to bed? More than 1 in 5 Americans (22%)...

At $249 Per Day, Prison Stays Leave Ex-Inmates Deep in Debt

(AP) Two decades after her release from prison, Teresa Beatty feels she is still being punished. When her mother died two years ago, the state...

Who Will Forgive the Government’s Debt?

(Stefan Gleason, Money Metals News Service) So much for “inflation reduction.” Just a few days after signing Green New Deal legislation, rebranded as the Inflation...

CBO: Debt to Surpass GDP at Record Level over Next Decade

(The Center Square) The Congressional Budget Office released its economic outlook for the next decade and projected record high debt levels compared to the nation’s Gross...

How Your Parents’ Debt Could Outlive Them

(Liz Weston, NerdWallet) Many people believe one of two common myths when a parent dies in debt, says Chicago estate planning attorney Michael Whitty....