Truthout
Debt
“Your Debt Is Someone Else’s Asset”: Calls Grow to Keep Student Loan Moratorium
The $15 trillion in U.S. household debt is a form of wealth transfer from the poor to the rich.
McConnell Says He’ll Allow Vote on Raising Debt Ceiling Through December
The United States government was set to default on its debts — something it has never done before — later this month.
Nearly One in Five Americans Are in Collections for Medical Debt
It’s time to expand Medicare to full coverage for all people in this country.
Throughout the Pandemic, Some Hospitals Still Sued Patients Over Medical Debt
A new study says that most of the hospitals doling out lawsuits, liens and garnishments are registered nonprofits.
To Address Increasing Inequality and Global Poverty, We Must Cancel Debt
Massive debt levels are creating a global crisis. “The slates must be wiped clean,” says scholar Eric Toussaint.
Debt Union Crafts Executive Order for Biden to Cancel All Student Loan Debt
Progressive organizations and activists have grown increasingly frustrated over Biden's inaction on student debt.
The GOP Only Cares About the Debt Ceiling When Spending Goes Toward the People
In the GOP mindset, busting through the debt ceiling is OK so long as the money flows to the wealthy through tax cuts.
Congress Urged to Stop Debt Collectors From Snatching Relief Checks
Some people who received relief through the CARES Act had their money seized.
AOC Calls to Keep Pushing as Biden Demurs on Canceling $50K in Student Loan Debt
In lieu of canceling $50,000 in loan debt per borrower, Biden said he is "prepared to write off" $10,000 per person.
Profiting From Desperation: Oxygen Tanks Become an Underground Market in Mexico
The demand for oxygen in Mexico has grown by 700 percent over the past month, and desperate people are being exploited.