Today on Insight, Josh Rosenstern discusses how the United States has been put on a negative watch for its credit score by one of three credit rating agencies. Our economy is being greatly affected, as we are seeing interest rates going up on short-term treasuries. U.S. debt has a huge impact all over the world. Brother Josh says he feels a resolution will come soon in this wait game we are in. Government spending is in such a crisis, with student loan debt topping the list. Just yesterday, the House voted to overturn the Biden Administration's student loan program, which affects 40-million people, as there is 1.3-trillion dollars in student loan debt in America. If the loan debt is forgiven, Brother Josh says, we can be sure, somebody will pay the debt.
Up Next in 2023
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Insight - May 24th, 2023
Today on Insight, John and Josh Rosenstern discuss recent polling of Americans of whether Congress should raise our debt ceiling; the majority suggests favor for raising the ceiling but also the addressing of spending cuts. Fifteen percent of pollers believe the debt ceiling should not be raised...
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Insight - May 23rd, 2023
Today on Insight, Josh Rosenstern discusses the June 1st deadline set for America to run out of money. Meetings continue as Congress is trying to come to an agreement on whether or not to raise the debt ceiling. Brother Josh says it is unfortunate that the United States needs to go into debt t...
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Insight - May 22nd, 2023
Today on Insight, Josh Rosenstern discusses President Biden’s return from the G-7 Summit and the meeting’s outcome. Brother Josh says the Ukrainian President took center stage there, as the majority of the discussions addressed the Ukraine war with Russia. Questions are coming forth to account ...