Financial Insight
Navigating the Economy: Paycheck to Paycheck and Retirement Accounts IntroductionAs we close out 2025, the economy continues to send mixed signals. For many Americans living paycheck to paycheck, rising costs…
The $37 Trillion Wake-Up Call: What the Big Beautiful Bill Isn’t Telling Us
This week, the U.S. Treasury confirmed what many economists feared: the national debt has officially crossed the $37 trillion mark. That’s not just a number—it’s a flashing red light on…
The Big Beautiful Bill: A Blueprint for Economic Devastation
The Big Beautiful Bill is poised to wreak havoc on the American economy — not in subtle ways, but through deep, direct harm that will ripple through generations. From cuts…
The Impact of 7 Percent Mortgage Interest Rates on the Economy
As mortgage interest rates climb above 7 percent, the housing market faces significant challenges. This increase, the highest since May 2024, has created a tough environment for prospective home buyers.…
The External Revenue Service: A New Agency with Potentially Harmful Consequences
President-elect Donald Trump has recently announced plans to create a new agency called the "External Revenue Service" (ERS) to collect tariffs and other revenues from foreign nations. While this proposal…
The Looming Crisis: What Happens if Congress Fails to Pass the Debt Ceiling Bill?
As the debate over the debt ceiling bill intensifies, the possibility of Congress failing to pass it looms large. The consequences of such a failure would be far-reaching, affecting every…
Jamie Dimon says the ‘Buffett Rule’ approach to taxing the wealthy could solve America’s debt problem
Story by fdemott@insider.com (Filip De Mott) On PBS, Jamie Dimon described the Buffett Rule as a good idea for clamping down on US debt. It says richer households shouldn't pay…