Today on Insight, John and Josh Rosenstern discuss the potential decision of Congress to suspend the debt limit to January 1st, of 2025. If passed, Brother Josh says this will just mean the government will continue its poor spending habits until we see the 2024 Presidential election over. America needs more organic growth; this being, the more money people earn, the more they will spend. The Rosensterns explain how raising taxes is not beneficial, as more taxation equals less spending by the people. Brother Josh says the IRS needs streamlining, and the Inflation Reduction Act, which targets the wealthy to pay more in taxes. This will only lower the bar that in the end will affect everyone. Many government provision plans are under the micorscope to expire in 2030, one being student loan payments.
Up Next in 2023
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Insight - May 26th, 2023
Today on Insight, John Rosenstern discusses the Feast of Pentecost, which is this Sunday; in its fullness, Pentecost revealed the preparation time of man to be filled with the Holy Spirit. We currently live in the Age of the Spirit. Brother John discusses America’s leaders succesive inability t...
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Insight - May 25th, 2023
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 a...
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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...
