Abbotsfordcycles.com - The Latest Debt News and Information

Trump, 'King of Debt,' makes GOP fret
CNN
Trump's statements have also raised questions about his understanding of the national debt. In a recent interview with Fox News' Sean Hannity, Trump suggested that gains in the stock market have led to a reduction in the national debt. "We picked up $5 ...

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USA TODAY

Student debt forgiven, but wounded vet gets $62K tax bill - USA Today
USA TODAY
BATH TOWNSHIP, Mich. — The federal government forgave wounded veteran Will Milzarski's sizable student debt but, in an ironic twist, the IRS wants him to ...
Wounded Michigan vet gets student loan debt forgiven, but now IRS ...Chicago Tribune
Wounded Veteran Sees Student Debt Forgiven but $62K Tax BillU.S. News & World Report

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New York Post

Hedge funder says Puerto Rico is better off with massive debt | New ...
New York Post
Expunging Puerto Rico's massive debt load is “impractical” and will harm the island more than help it, according to one hedge fund investor. Erasing the...
Despite Puerto Rico Disaster, Vulture Firms Relentlessly Seeking Billions in Debt PaymentsCommon Dreams
Debt restructuring must be part of hurricane aid to Puerto Rico | OpinionPhilly.com

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CNBC

Venezuela is blowing debt payments ahead of a huge, make-or-break bill
CNBC
Venezuela's state oil giant has two massive bond payments coming due in the next two weeks. The oil-dependent nation missed several debt payments totaling nearly $350 million last week. Analysts don't expect Venezuela to default in the coming weeks ...

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Daily Signal

We Hear You: Debt, Democrats, Deductions, Deficit-Spending, and the Tax Code
Daily Signal
House Minority Leader Nancy Pelosi criticizes Republicans' tax plan during a press conference at the Capitol, as Senate Minority Leader Charles Schumer peers over her shoulder. (Photo: Alex Edelman/ZumaPress/Newscom) ...



Forbes

The Impact Of Student Loan Debt On Millennial Happiness
Forbes
Maybe it's not surprising that scientists have spent time studying the impact of various kinds of debt on the human psyche. Buying, selling and managing debt is, after all, a multi-billion-dollar-a-year industry. It's a huge cornerstone of the world ...



CNBC

5 ways to get smart and avoid drowning in dumb debt - CNBC.com
CNBC
A look at five ideas and strategies that financial advisors use to help clients with large amounts of debt improve their financial outlook.

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CNBC

Hedge-fund billionaire Klarman says Puerto Rico should pay its debts
CNBC
Baupost owned $911 million of the island's bonds through Decagon Holdings entities, according to a July public court filing. "In the case of Puerto Rico, expunging the debt would almost certainly eliminate any ability the Commonwealth would have to ...

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Louisiana Borrowing Picture Improves After Debt Refinancing
U.S. News & World Report
Another option to bump up the capacity, according to a scenario presented by Folse, could involve the state delaying debt repayment and then back-loading the debt payoff. But such a bond sale would have the state paying about $15 million more in interest.

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Newsweek

More Debt, Big Medicare Cuts: The GOP Budget Is a Mess
Newsweek
President Donald Trump was up late, tweeting and happy—or at least that was true for his social media maven, Dan Scavino. It was 1 a.m. on Friday and the Senate had passed a budget outline that not only sets the country's fiscal course for the next ...
Avoiding the debt crisisCharleston Post Courier

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