Chalmers, economists slam Coalition’s debt reduction fund – AFR
Chalmers, economists slam Coalition’s debt reduction fund AFR Read the original article here
Undoing Debt
As residents stress over unpaid medical bills, Illinois pilot programs pledge to abolish $1 billion of medical debt Fact checked by Jim Lacy Gloria Austin knew she had a problem when a red rash, a line around her stomach, appeared, as pain ramped up. The East Garfield Park resident was 62 at the time. After…
Millions of dollars in medical debt relief headed to NH residents
An estimated $72 million in medical debt is set to be relieved for New Hampshire residents. Undue Medical Debt, a New York based nonprofit, recently paid off over $30 billion in national debt from the former debt collection agency Pendrick Capital Partners. A small portion of the debt being retired affects Granite Staters. Daniel Lempert,…
Survey reveals broad support for shrinking federal government amid rising debt concerns
(TNND) — As Congress hashes out spending and tax cuts, a new survey from the Cato Institute shows widespread public support for shrinking the scope of the federal government. Americans estimate that the government wastes 59 cents of every dollar it spends, according to the survey published Thursday by the libertarian-leaning think tank. And over…
More cardholders are paying the bare minimum: How to lower your credit card debt now
There are better ways to handle your credit card debt than making just the minimum payment on the account. Getty Images/iStockphoto A large number of Americans have been struggling to make ends meet right now — and that’s especially true for those carrying credit card debt. Case in point? The latest Large Bank Credit Card…
China’s economic management under cloud as debt & real estate crisis mount
China’s economic policies and management have received a blow with Fitch Ratings downgrading its long-term foreign currency issuer default rating to ‘A’ from ‘A+’. The downgrade reflects the deterioration of China’s public finances under the Chinese Communist Party (CCP) leadership, with government debt projected to reach a staggering 80% of GDP by 2029, more than…
U.S. bishops and Jubilee USA urge Trump to pursue debt relief during 2025 Jubilee Year
By Tessa Gervasini Washington, D.C. Newsroom, Apr 11, 2025 / 15:52 pm The U.S. Conference of Catholic Bishops (USCCB) and Jubilee USA Network this week sent a letter to President Donald Trump urging him to pursue global debt relief initiatives that will economically serve both developing countries and the United States. In the letter, Bishop…
6 Key Signs You Would Benefit Financially From Declaring Bankruptcy
Filing for bankruptcy can inspire shame and discomfort, but it’s really just a legal, and sometimes necessary, debt-relief tool to help people get back on firmer financial footing. Find Out: Suze Orman Says If You’re Doing This, You’re ‘Making the Biggest Mistake in Life’ Read Next: Here’s the Minimum Salary Required To Be Considered Upper…
3 reasons you still need credit card debt forgiveness with inflation falling
If you’re hoping that the drop in inflation will drive down your credit card debt, you may need to look for other solutions. Getty Images The latest inflation report, released this week, showed that inflation fell to 2.4% in March, offering some relief for Americans who have been struggling under the weight of today’s high consumer…
Pa. lawmakers end pursuit of medical debt relief, seek to boost access to existing charity care | Local News
HARRISBURG — An effort to spend a fraction of Pennsylvania’s annual budget to pay off medical debt for thousands of residents ended Wednesday in the state House. Democrats and Republicans on the House Health Committee voted in unison to eliminate the Medical Debt Relief Program initiative from a proposed bill that, when first introduced in…