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When facing financial challenges, especially debt, securing your family’s future and ensuring that financial obligations are met can feel like an overwhelming task. One of the smartest financial decisions that can offer peace of mind is opting for a term insurance policy. Unlike other life insurance policy, term insurance is often seen as the best…
Speaker Kevin McCarthy (R-Calif.) said on Sunday that a call he had with President Biden about the debt limit and looming default earlier in the day was “productive” and that the pair will meet in-person on Monday upon the president’s return from Japan. “I believe it was a productive phone call,” McCarthy told reporters, noting…
Treasury Department Secretary Janet Yellen warned Tuesday that “time is running out” for Congress to lift the debt ceiling and avert a default on the nation’s debt, which the secretary says would be catastrophic for the economy. “Time is running out. Every single day that Congress does not act, we are experiencing increased economic costs…
“Sherry-Lehmann owners in NYC drank wines while clients waited” Sherry-Lehmann’s owners have allegedly treated New York’s premier wine shop like their own personal booze stash — helping themselves to rare, pricey vintages on the company dime even as angry customers claim that they’re not getting the deliveries they paid for, The Post has learned. As…
How one Ohio city is tackling the ‘uniquely American problem’ of medical debt As lawmakers were being elected and constituents were voting on key ballot measures this month, one Ohio city council passed a measure with the potential to make an enormous financial impact on its community: buying out and relieving the medical debt of its residents. The Toledo City…
“Is Joe trying to destroy US, Britain’s ‘political wasteland’ and other commentary” Economist: Is Joe Trying To Destroy US? President Biden’s policies might not add up to some intentional “Dr. Evil-type plot” to replace “free-market capitalism” with “big-government socialism,” but if he and his team are trying to “burn down the village in order to…
“US national debt surpasses $31 trillion for the first time in history” The US national debt has passed $31 trillion for the first time in history. Treasury Department data released Tuesday showed that the total national debt was $31.123 trillion as of Monday. The new milestone was reached even as the federal government’s insatiable spending has slowed considerably as…
“Biden’s student loan ‘forgiveness’ is just Joe sticking it to the little guy — again” Team Biden’s student-loan “forgiveness” scheme is yet another example of a misguided and dangerous policy initiative masquerading as a public good — no surprise from an administration in which political missteps are the norm. The left is heralding the plan,…
“Why technology is the solution to the student-debt dilemma” No sooner had the White House announced its latest student loan debt forgiveness initiative late last month than critics and supporters began to weigh in. Some argued that saddling Americans with a whopping $1.7 trillion in student debt has made it impossible for many to buy…
“Russia adds $9.5B to emergency fund as sanctions hit, default looms” Russia poured approximately $9.5 billion into an emergency fund as it scrambles to withstand Western sanctions that have severely damaged its economy and placed the country at risk of default. The infusion of cash came from proceeds in the sale of Russian oil and…