debt
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PublishedMay 10, 2022
Americans put more on credit cards as inflation boosts costs, Fed data show
A record 537 million credit card accounts were opened in the first quarter, a jump of 31 million over the past year.
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PublishedMay 7, 2022
Another View: Don’t expect the Fed to work miracles
In conditions like these, monetary policy can only do so much.
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PublishedFebruary 25, 2022
Maine Voices: Bill could help college students graduate, ease Maine’s worker shortage
By reining in the withholding of transcripts over unpaid bills, L.D. 1838 will let Mainers get their degrees and jobs.
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PublishedDecember 22, 2021
Commentary: The Fed’s pivot on inflation, unemployment is the opposite of hawkish
The central bank’s policy stance is actually much more dovish than it was a year ago. This doesn’t bode well for the economy.
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PublishedDecember 18, 2021
Another View: Fed right to keep its options open
Preparing to raise rates amid persistent inflation is prudent risk management.
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PublishedOctober 27, 2021
Stacey Abrams’ PAC donates $1.34 million to wipe out medical debts
The Fair Fight Political Action Committee said it has donated $1.34 million to the nonprofit RIP Medical Debt to wipe out debt with a face value of $212 million that is owed by 108,000 people in Georgia, Arizona, Louisiana, Mississippi and Alabama.
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PublishedOctober 24, 2021
The Maine Millennial: A generation’s failure to launch
Having a job and working hard should be enough to secure a place in the economy. They are not.
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PublishedOctober 7, 2021
U.S. dodges default crisis – for now – as Senate votes to extend borrowing
The 50-48 vote in support of the bill to raise the government's debt ceiling by nearly a half-trillion dollars brought instant relief, but it provides only a reprieve.
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PublishedOctober 1, 2021
Maine Voices: U.S. debt default – culmination of a perfect crime
Ask yourself what it would take to tip the wealthiest, most powerful country on earth into chaos.
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PublishedSeptember 24, 2021
Our View: Federal debt limit brink is nothing to play with
We should not lose sight of how catastrophic a default would be simply because we have come close before.
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