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From Bad to Worse: Skyrocketing Shelter and Auto Insurance Costs Under Biden's Watch

President Biden tried to put a positive spin on the latest inflation report, celebrating a slight dip in rising costs. But beneath the surface, the reality is far more alarming: millions of Americans are drowning in skyrocketing expenses that show no signs of truly easing. Since Biden took office, the cost of essentials like shelter, electricity, auto insurance, and dining out has surged to terrifying levels. Shelter costs alone have jumped 22.1%, and auto insurance has skyrocketed a staggering 54.7%. Despite Biden's reassurances, families are still trapped in a financial nightmare, struggling to keep up with an unforgiving cost of living. Meanwhile, former President Trump warns that the current administration has turned a strong economy into an economic disaster, threatening the financial security of every American. Read More. 

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Back-to-School Shopping Traps One-Third of Americans in Crushing Debt: Poll Reveals Alarming Trend

Back-to-school shopping is set to plunge nearly a third of Americans into debt, as high prices on essential items add to the financial strain already caused by soaring costs for necessities like groceries and housing. A recent poll by Bankrate revealed that 31% of shoppers will likely go into debt just to afford school supplies. This alarming trend is echoed by another study from Intuit Credit Karma, where a similar percentage of parents admitted they can't afford back-to-school shopping, with many resorting to debt to cover the costs. Despite a slight easing in inflation, the burden of back-to-school expenses remains crushing, with families facing an average cost of $874.68 for supplies alone. Financial experts warn that without careful planning, these expenses could push many deeper into a debt spiral with long-term consequences. Read Now.