#A growing number of Americans face potentially crippling credit-card debt

#A growing number of Americans face potentially crippling credit-card debt

A growing number of Americans face potentially crippling credit-card debt Americans are piling on credit-card debt just as interest rates are reaching historic highs.  Multiple polls show American consumers sinking deeper into credit-card debt. A new survey from Bankrate, the consumer finance company, found 46 percent of cardholders carrying credit-card balances from month to month,…

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#McConnell: US ‘never will’ default on its debt

#McConnell: US ‘never will’ default on its debt

McConnell: US ‘never will’ default on its debt Senate Minority Leader Mitch McConnell (R-Ky.) said Thursday he is confident that the U.S. will never default on its debt and that he is not concerned a financial crisis could be on the horizon.  McConnell told reporters in his home state that while the push to raise…

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#Treasury resorts to ‘extraordinary measures’ after US hits debt limit

#Treasury resorts to ‘extraordinary measures’ after US hits debt limit

Treasury resorts to ‘extraordinary measures’ after US hits debt limit Treasury Secretary Janet Yellen on Thursday notified congressional leaders that her office will begin to implement “extraordinary measures” to keep the U.S. government from defaulting on its debt. The nation’s debt climbed to more than $31.4 trillion this week, federal financial data shows, crossing the threshold set by…

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#Marjorie Taylor Greene, Paul Gosar get committee assignments back after they were removed by Democrats

#Marjorie Taylor Greene, Paul Gosar get committee assignments back after they were removed by Democrats

Marjorie Taylor Greene, Paul Gosar get committee assignments back after they were removed by Democrats Reps. Marjorie Taylor Green (R-Ga.) and Paul Gosar (R-Ariz.) are set to get committee assignments back after being stripped from their assignments in the Democratic-controlled Congress in 2021. The House GOP Steering Committee on Tuesday selected Greene to sit on…

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