Tag: debt
Among the GOP’s debt ceiling hostages? Social Security payments for oldest...
"The choice facing the executive branch is clear: Act or default; act or increase the suffering of millions; act or go into economic tailspin."
‘MAGA economic sabotage’: 217 House Republicans pass debt ceiling bill with...
"Republicans just passed a bill that would kill jobs, take away federal benefits for millions, and make everyday life for Americans more expensive. This is completely unworkable."
We can do so much more on student loan forgiveness
The administration still has time to take real action on student loan debt, but they need to get moving.
“Debt shaming” has dampened democracy
As crucial steps to reduce income inequality, we need to reject “debt shaming” and insist on cancelation of student debt.
Oil drilling in Greece? This is what the high cost of...
A reprieve from debt – at an excessive price.
Student debt reaches more than $1 trillion – an all-time high
"We are crushing the next generation with debt."
Shouldering more than $1.5 trillion in debt, majority of young Americans...
Sixty-nine percent of young Americans support a single-payer healthcare program like Medicare for All, while 66 percent back government-funded college tuition.
Canceling student debt could be the answer to growing the economy
Overall, if these 44 million Americans were debt free, it would promote consumer spending and grow every sector of the U.S. economy.
Zombie Economy – Living Bubble
“The income and wealth inequality is the worst since the Great Depression. In 2015, the Top 1% earned 22% of all income earned in the U.S.”
Interest on the Debt Is Near a Post-War Low
It is also worth noting that we actually could buy back debt at a discount if interest rates rose.