Tag: #budget

Footnote * from “The Debt Ceiling Explained”

The President can veto Congress’ budget, but Congress, with enough votes, can override that veto. So while negotiations may happen between the two branches if Congress can’t get enough votes to override a veto, ultimately the responsibility for government spending lies with Congress. They alone have the power to specify taxes and spending, while the […]

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Find out what your credit report says about you

Listen to this! UH-HUH… A guy in my hockey team went for a car loan, and they turned him down! Poor credit they said! Okay… See… he never checked his credit report and didn’t know how SUPER important it is… Seriously? UH-HUH! He had no idea that it can determine whether or not you qualify […]

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The long-term debt implications of Senate’s new 2-year budget

JUDY WOODRUFF: And now back to the budget deal we reported earlier. It is being hailed as a political win today, but is raising concerns about runaway debt for the United States. Our Capitol Hill correspondent, Lisa Desjardins, has been covering the negotiations from the very beginning. And she is here with me now. LISA […]

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Why You Should Pay Your Debt Off Early

Hi guys, Bridget here and I wanted to talk about something that I hope you’re already doing and that is paying off your debt early. We’ve become very accepting of debt and we’re way too comfortable with it. Many of us have monthly payments in the form of car payments or student loan payments. We […]

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Lies People Believe About Getting Out of Debt

– Getting out of debt is possible! And I’m here to tell you that you can love your life while doing it. (upbeat music) – All right, when you hear the words, “debt-free,” what do you think? Some of you are thinking, “That’s impossible. That can happen to other people; that cannot happen to me.” […]

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Deficits & Debts: Crash Course Economics #9

Hi, I’m Adrienne Hill. And I’m Jacob Clifford, and welcome to Crash Course Economics. What’s wrong with you? Today we’re talking about deficits and debt. [Theme Music] You’ve probably heard a lot about the national debt, so what is it and where does it come from and is it a problem, and most importantly, should […]

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Good debt vs bad debt | Columbia College

Good debt vs bad debt. Debt is always a bad thing, right? Not necessarily. Debt is when you owe something to someone else. This could be as little as owing your friend $10 or having a loan for a new house. All debt has its risks, but sometimes the result are worth it. So what […]

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The Debt Limit Explained

The debt limit is kind of a financial weapon of mass destruction chained to the United States government by the United States government. Confused? Then it’s time for The United States debt limit Explained. To understand the debt limit you need to know the US splits financial responsibility between the president and congress. The president […]

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