You are browsing the archive for debt.

Occupy Wall Street pays off $15 million of Americans’ debt

November 13, 2013 in Uncategorized

By Elizabeth Dilts

An Occupy Wall Street spin-off group has bought up $14.7 million worth of Americans’ personal medical debt and forgiven it over the last year as part of its Rolling Jubilee project, the group announced Monday.

The Rolling J…continue reading on mitchellrepublic.com

City of Mitchell’s debt grows to $38 million

October 5, 2013 in Uncategorized

The city of Mitchell’s debt will be a projected $3.2 million higher this year compared to last year, but that hasn’t fazed city officials, who say the city remains in a strong financial position.

The city’s total debt, excluding interest, is…continue reading on mitchellrepublic.com

Dickinson may need $100M debt load in order to complete infrastructure projects

June 6, 2013 in The Dickinson Press

The city of Dickinson will have to shed its debt-free record in order to complete infrastructure projects needed to remain functional, officials said. The city continues to grow at a record pace and has run out of developed lots. Water and sewer infrastructure needs to be updated and built to keep up with demand. Streets need to be repaved, paved and, in some cases, created. And Dickinson city officials know that growth doesn’t come for free. Continue Reading

Three out of four people have financial worries, says survey

April 7, 2013 in Alexandria Echo Press

“This year’s survey results provided somewhat of a mixed message,” said Susan C. Keating, president and CEO of the NFCC. “More than one in four consumers indicated they are spending more than last year, yet 77 percent admitted to having financial worries, listing insufficient savings as their top financial concern.” Continue Reading

A mortgaged future: Growing number of graduates bear burdens of student loans

March 23, 2013 in The Dickinson Press

FARGO Financial counselor Duane Emmel says Benjamin Franklin’s famous quotation is missing one certainty of modern-day life. Continue Reading

Kline pessimistic about avoiding massive federal budget cuts

February 21, 2013 in EOT Focus

Minnesota’s senior congressional Republican shows little optimism that massive automatic federal spending cuts can be avoided. Continue Reading

SD won’t call for constitutional convention

February 20, 2013 in The Daily Republic

Legislators sought resolution related to US debt, but fear runaway consequences.
Continue Reading

National debt burdens US today and tomorrow

February 16, 2013 in The Dickinson Press

Fiscal conservatives unwittingly sabotage themselves by warning that the $16.5 trillion national debt will impoverish America’s children and deliver unborn grandkids directly into Chinese slavery. While these dire predictions may come true, calling America’s massive indebtedness a challenge for future generations triggers relaxation about an immediate priority: curtailing federal spending and borrowing. By defending “the children,” budget hawks let big spenders invoke Scarlett O’Hara to justify their profligacy, at least until the tykes mature. “Cut the budget later,” spendthrifts propose. “Tomorrow is another day.” Continue Reading

Dickinson officials lobby to stay out of debt

January 30, 2013 in The Dickinson Press

BISMARCK An additional 22,000 people are expected to settle in Dickinson over the next seven years, further stretching the city’s infrastructure as it struggles to keep up with water supply, wastewater and other issues. Continue Reading

A financial challenge: ND student debt v. jobs market

January 26, 2013 in The Dickinson Press

Students headed for the University of North Dakota’s aviation program are told up front the financial situation they’ll face after graduation. Continue Reading