interest rates Archives - Loyal Conservatives

Economic Outlook Under Biden: CPI Report Points to Pressing Housing Cost Concerns and More

The U.S. annual inflation rate for September remained steady at 3.7%, slightly surpassing the anticipated 3.6%, as the Bureau of Labor Statistics (BLS) reported. Monthly, inflation rose 0.4%, decelerating from August’s 0.6% but still higher than expected. A large portion of the increase can be attributed to the rising costs of shelter, which accounted for more than half of the monthly Consumer Price Index (CPI) surge. Excluding the unpredictable energy and food sectors, core inflation …

Bombshell Discovery: Biden’s Stealth Scheme to Annihilate Student Loans Uncovered, Calling for Prudent Republican Oversight

Despite the recent Supreme Court ruling against the Biden administration’s proposal for student loan forgiveness, efforts to alleviate student debt persist. The administration has already taken steps to provide loan forgiveness through alternative means. One significant development from the Department of Education is the introduction of the SAVE plan, a revised version of the existing REPAYE plan. Both plans fall under the category of income-driven repayment plans (IDR). IDR plans operate by capping borrowers’ monthly …

Biden’s 2024 Campaign Exposes a Startling Departure from Reality: Prepare to Be Amazed

President Joe Biden kick-started his bid for re-election in Philadelphia by addressing union members, aiming to solidify his backing among working-class voters, particularly those of Caucasian descent. The rally held at the Pennsylvania Convention Center drew attention to Biden’s significant support from labor unions, representing approximately 18 million workers nationwide. This early endorsement from prominent unions, including the AFL-CIO, which consists of 60 unions and over 12.5 million workers, marked the earliest endorsement in U.S. …

The Resolution of the Debt Ceiling Crisis, Results in Huge Implications for Student Loan Borrowers

Student loan payments were paused for three years due to COVID-19. However, with the recent bill addressing the country’s debt ceiling crisis, these payments are now scheduled to resume. The provision in the bill specifies that student loan protocols will return to normal “60 days after June 30, 2023,” as stated in the Fiscal Responsibility Act, making August 29 the resumption date.