<description>&lt;p&gt;&lt;!-- [if !supportLists]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #1d1d1f; letter-spacing: -.05pt;" data-darkreader-inline-color=""&gt;&lt;span style= "mso-list: Ignore;"&gt;1.&lt;span style= "font: 7.0pt 'Times New Roman';"&gt;     &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;!--[endif]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #0d0d0d; background: white;" data-darkreader-inline-color="" data-darkreader-inline-bgimage="" data-darkreader-inline-bgcolor=""&gt;There are 3 potential ways to balance the US Budget and start to pay off debt.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;!-- [if !supportLists]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #1d1d1f; letter-spacing: -.05pt;" data-darkreader-inline-color=""&gt;&lt;span style= "mso-list: Ignore;"&gt;2.&lt;span style= "font: 7.0pt 'Times New Roman';"&gt;     &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;!--[endif]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #0d0d0d; background: white;" data-darkreader-inline-color="" data-darkreader-inline-bgimage="" data-darkreader-inline-bgcolor=""&gt;2. Soon the U.S. will be spending more on interest on our than we will spend on any other program.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;!-- [if !supportLists]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #1d1d1f; letter-spacing: -.05pt;" data-darkreader-inline-color=""&gt;&lt;span style= "mso-list: Ignore;"&gt;3.&lt;span style= "font: 7.0pt 'Times New Roman';"&gt;     &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;!--[endif]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #0d0d0d; background: white;" data-darkreader-inline-color="" data-darkreader-inline-bgimage="" data-darkreader-inline-bgcolor=""&gt;3. The math doesn’t work out to only raise taxes on the wealthy.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;!-- [if !supportLists]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #1d1d1f; letter-spacing: -.05pt;" data-darkreader-inline-color=""&gt;&lt;span style= "mso-list: Ignore;"&gt;4.&lt;span style= "font: 7.0pt 'Times New Roman';"&gt;     &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;!--[endif]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #0d0d0d; background: white;" data-darkreader-inline-color="" data-darkreader-inline-bgimage="" data-darkreader-inline-bgcolor=""&gt;4. Taxes will increase for everyone.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;!-- [if !supportLists]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #1d1d1f; letter-spacing: -.05pt;" data-darkreader-inline-color=""&gt;&lt;span style= "mso-list: Ignore;"&gt;5.&lt;span style= "font: 7.0pt 'Times New Roman';"&gt;     &lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;!--[endif]--&gt;&lt;span style= "font-size: 12.0pt; line-height: 107%; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; color: #0d0d0d; background: white;" data-darkreader-inline-color="" data-darkreader-inline-bgimage="" data-darkreader-inline-bgcolor=""&gt;5. Tax-Free accounts will become more important in the future.&lt;/span&gt;&lt;/p&gt;</description>

Retirement DNA

Duane Johnson

Episode 39: The Debt Ceiling and What It Means for Americans

OCT 13, 202317 MIN
Retirement DNA

Episode 39: The Debt Ceiling and What It Means for Americans

OCT 13, 202317 MIN

Description

1.      There are 3 potential ways to balance the US Budget and start to pay off debt.

2.      2. Soon the U.S. will be spending more on interest on our than we will spend on any other program.

3.      3. The math doesn’t work out to only raise taxes on the wealthy.

4.      4. Taxes will increase for everyone.

5.      5. Tax-Free accounts will become more important in the future.