For some on Capitol Hill, the debt accumulated by the federal government is a back-burner issue, especially as COVID-19 wreaks havoc on the American economy, and members of Congress seek ways for government intervention. However, it is not for Sen. Rand Paul (R-KY), who during an appearance on Fox News Channel’s “Your World” on Wednesday warned of the dangers of out-of-control spending and borrowing.
(Third column, 11th story, link)
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A new poll reveals that 40 percent of Americans would prefer student debt forgiveness to universal health care. Student loan debt in America topped $1.7 trillion last week.
The LendEDU website conducted a survey with student loan borrowers to gauge the popularity of having their debt forgiven.
As Americans usher in 2020, millions say they are making a New Year’s resolution to improve their finances.
NEW YORK (AP) — Prosecutors say California attorney Michael Avenatti was over $15 million in debt when he tried to extort up to $25 million from Nike, while Avenatti’s lawyers say the money he legally requested to conduct an internal probe of the sportswear giant was a bargain.
(Third column, 7th story, link)
A Florida man paid off the school lunch debt for more than 400 children at nine different schools after learning that students were not being served a full meal in their school cafeterias.
(Second column, 7th story, link)
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A veteran battling Huntington’s disease told Sen. Bernie Sanders (I-VT) – who held a town hall in Carson City, Nevada, on Friday – that he is considering suicide due to the crippling amount of medical debt he has accumulated.
