The National Debt Ceiling and How it Could Affect You

What is the Debt Ceiling? The national debt ceiling is the amount of money that the United States Government is allowed to borrow to pay for its expenses. These expenses include things like Social Security and Medicare benefits, tax refunds, military salaries, and interest payments on outstanding debt the nation may have. The United States…

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The History of the United States Treasury

The History of the United States Treasury Barnett Financial & Tax

Come the 4th of July, we all are reminded of the history and vision of the United States of America as a free, prosperous, and proud nation. Whether thinking about the history of the Revolutionary War or key figures such as Benjamin Franklin, the nations’ roots are appreciated and examined today. You may also be…

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Is Our Government Anticipating Inflation?

The Consumer-Price Index (CPI) rose to 4.2% in April as compared to last year.[1] We could see higher prices when it comes to travel, food, cars, and other common goods and services. High inflation can hurt retirees who are living off their savings, especially when we have near-zero interest rates. We already see bigger Social…

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