American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
Published: Sunday, May 28th, 2023 @ 12:32 am
By: Daily Wire
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While Dave Ramsey purists have long touted the importance of following his strict budgeting plan as written, one Southern California family has taken an innovative approach: calling it "Dave Ramsey Lite," where they just avoid budgeting altogether and spend well beyond their means.
Published: Friday, March 31st, 2023 @ 11:38 pm
By: Babylon Bee
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Vice President Kamala Harris claimed on Wednesday that the Biden administration has decreased electricity prices for American families even as data indicate the exact opposite.
Published: Friday, March 3rd, 2023 @ 2:02 am
By: Daily Wire
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American household debt rose $320 billion in 2022, marking one of the highest increases over the past two decades and reaching the highest level since the 2008 financial crisis.
Published: Tuesday, February 28th, 2023 @ 8:36 am
By: Daily Wire
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Record spending during the holiday season coincided with many American households making expenditures using record amounts of debt.
Published: Sunday, January 15th, 2023 @ 9:21 am
By: Daily Wire
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Wells Fargo will pay $1.7 billion in civil penalties and $2 billion in redress after the bank carried out a number of abuses concerning mortgages and consumer accounts.
Published: Monday, January 9th, 2023 @ 9:25 am
By: Daily Wire
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In a harsh indictment of how inflation under President Joe Biden is crippling Americans, credit card debt is soaring as consumers are faced with skyrocketing prices.
Published: Wednesday, October 19th, 2022 @ 6:53 am
By: Daily Wire
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This week, Courtney Lindeen presented her husband Aaron with a bold and innovative plan to solve the family's consumer debt burden.
Published: Friday, August 12th, 2022 @ 4:47 pm
By: Babylon Bee
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The North Carolina State Health Plan and the National Academy of State Health Policy find that nonprofit hospitals have billed millions of dollars to disadvantaged patients.
Published: Thursday, January 27th, 2022 @ 10:09 am
By: Stan Deatherage
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While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
Published: Monday, September 3rd, 2018 @ 8:01 pm
By: John Locke Foundation
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Since the onset of the Great Recession in 2007, many American households and businesses have substantially reduced their indebtedness. That was a rational decision. A key cause of the boom that led to the bust was excessive leverage, itself a product of the Federal Reserve Board's easy-money..
Published: Tuesday, January 28th, 2014 @ 1:59 pm
By: John Locke Foundation
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A brief look at forty years of irresponsible fiscal policy
Published: Tuesday, February 16th, 2010 @ 4:13 pm
By: BCN
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