Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $42,155
52%  
Woo hoo!! And now only $775 to reach 53%!! Thank you all very much!! God bless.

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  • Treasury Secretary Yellen says U.S. debt load is in 'reasonable place' if it remains at this level

    06/13/2024 5:31:52 AM PDT · by central_va · 42 replies
    yahoo ^ | 6/13 | Jeff Cox
    Treasury Secretary Janet Yellen on Thursday said the swelling national debt is manageable as long as it stays around where it is relative to the rest of the economy. In a CNBC interview, Yellen also noted that high interest rates are adding to the burden as the U.S. manages its massive $34.7 trillion debt load. "If the debt is stabilized relative to the size of the economy, we're in a reasonable place," she told CNBC's Andrew Ross Sorkin during a "Squawk Box" live interview. "The way I look at it is that we should be looking at the real interest...