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Episode 39: The Debt Ceiling and What It Means for Americans
1. There are 3 potential ways to balance the US Budget and start to pay off debt. 2. 2. Soon the U.S. will be spending more on interest on our than we will spend on any other program. 3. 3. The math doesn't work out to only raise taxes on the wealthy. 4. 4. Taxes will increase for everyone. 5. 5. Tax-Free accounts will become more important in the future.
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By Aaron Johnson
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1. There are 3 potential ways to balance the US Budget and start to pay off debt. 2. 2. Soon the U.S. will be spending more on interest on our than we will spend on any other program. 3. 3. The math doesn't work out to only raise taxes on the wealthy. 4. 4. Taxes will increase for everyone. 5. 5. Tax-Free accounts will become more important in the future.