Household Debt and Rising Interest Rates — A Path to Insolvency

Heritage Foundation economist EJ Antoni appeared on a recent episode of CURE America with Star Parker to discuss the debit limit.

Household debt has ballooned just like the national debt. It’s a path to insolvency, Antoni said, especially with interest rates rising. Watch the clip below or the full episode of CURE America here.

On CURE America, @RealEJAntoni discusses the ballooning debt impacting hardworking families. pic.twitter.com/AyEArecthd

— CURE (@CUREpolicy) January 30, 2023