I am absolutely ecstatic about the recent news that the Biden administration plans to ban medical debt from credit reports. This is a monumental decision that has the potential to positively impact the lives of so many Americans. Medical debt is a crippling burden that far too many of us have had to endure, and the fact that it can significantly damage our credit scores is both unjust and unreasonable.
The current state of affairs when it comes to medical billing is exasperating, to say the least. The maze of different bills from various clinics, hospitals, and doctors can be overwhelming and nearly impossible to keep track of.… Continue reading
It’s mind-blowing to think that a sum as vast as $7.4 billion is only able to aid a limited number of people, giving an average of $26,000 relief per person. One cannot help but wonder why this immense amount of money doesn’t seem to make a more significant dent in the overwhelming student debt crisis that plagues so many. Even just making these loans interest-free would go a long way in providing relief to countless individuals who find themselves shackled by never-ending payments. Rather than simply treating the symptoms, wouldn’t it be more effective to address the root cause of the issue itself?… Continue reading
Donald Trump has recently been dealt a significant blow, as he has been ordered to cough up at least $90 million in the E. Jean Carroll verdict. Despite his appeal, this financial burden remains imminent for the former president. Within 30 days of the judge’s written judgment, Trump must turn over either cash or a bond. While Carroll is unable to immediately access this money during the appeal, Trump himself is also prohibited from utilizing the funds. Clearly, this is a situation that has left Trump in quite a predicament.
It’s amusing to think about the possibility of Trump’s check bouncing.… Continue reading
John Q. Hosedrinker