The Price of Fiscal Frenzy: How America's Debt Addiction is Haunting the Kitchen Table The federal debt has surpassed a staggering $40 trillion, and its consequences are far reaching, affecting more than just the stock market.
As interest rates hover near historic lows, investors demand higher returns for taking on greater risk, sending ripples throughout the economy from household budgets to factory floors.
For nearly half of all households that live paycheck to paycheck, rising interest rates are a significant strain.