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Kathryn OlsenKathryn Olsen

Why America’s Debt Drama Hits Your Wallet

So, here’s the scoop: Big money watchdogs just downgraded the U.S. credit score because the country’s debt is ballooning—think $40 trillion and counting. If Uncle Sam doesn’t cut back on spending, we could see even more downgrades, which means higher interest rates for everyone. Translation? Your credit card, mortgage, and even car loan could get pricier. Time to keep an eye on those interest rates and maybe rethink that big-ticket splurge! #MoneyTalk #DebtDrama #PersonalFinance #Finance

2025-05-29
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