The Biden administration is trying to eliminate medical debt from your credit report. Is it true? There are many players in this and it will yet to be determined if that will be true. What will happen to the medical service providers? Will they be willing to provide services and not have an avenue to collect payment? That is a very good question.

I told you so last year.

$1.9 trillion – that is a lot of money. When politicians market this amount as stimulus to help all Americans, we have to realize it will help a few much more than most everyone else. President Joe Biden has said every taxpayer will receive $1,400 in this stimulus. There is a problem though. Take $1.9 trillion and divide by the number of United States taxpayers –144.3 million according to the Tax Foundation – and each taxpayer should receive $13,167. There is a huge difference between $1,400 and $13,167 – only $11,767! Where’s that extra $11,767 going? This is where most Americans lose.