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_debt-service-ratio-explained.webp "Eastern Credit Union")
_how-to-calculate-a-dscr-loan-step-by-step.webp "The Cash Flow Company")
_tlaib-presses-cfpb-director-on-39mindboggling39-medical-debt-statistics.webp "During a House Financial Services Committee hearing prior to the recess, Rep. Rashida Tlaib (D-MI) spoke about medical debt.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
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_new-mercedes-benz-g-550-in-twilight-blue-metallic-driving-video.webp "With the all-new Mercedes-Benz G 580 with EQ Technology, the brand with the three-pointed star presents the first fully electric variant of its off-road icon. It symbolises the fusion of tradition and progress like no other. The all-new electric G-Class remains true to the model’s character, retaining its angular silhouette including all iconic elements. Like the conventionally powered variants, its body is built on a ladder frame. The development team has modified and reinforced this to integrate the electric drive. Also retained is the combination of independent front suspension with double wishbones and newly developed rigid rear axle. The high-voltage lithium-ion battery integrated into the ladder frame ensures a low centre of gravity. With its usable capacity of 116 kWh, it provides sufficient energy for ranges of up to 473 kilometres according to WLTP.<br/>The four individually controlled electric motors located near the wheels develop a maximum total output of 432 kW. Together with the selectable LOW RANGE off-road gear reduction, they enable unique driving characteristics and exclusive functions. This allows G-TURN to turn the vehicle almost on the spot on loose or unpaved surfaces. The G-STEERING function can deliver a significantly smaller turning circle when driving off-road. The three-speed intelligent off-road crawl function is like cruise control for off-roading – maintaining optimum propulsion while the driver focuses on navigating the terrain.<br/>Like the tried-and-tested variants, the all-new Mercedes-Benz G 580 with EQ Technology has a gradeability of up to 100% on suitable surfaces. The vehicle remains stable on sideways slopes of up to 35 degrees. With a maximum fording depth of 850 millimetres, the electric G‑Class outperforms its conventionally powered counterparts by 150 millimetres. The LOW RANGE off-road gearing increases propulsion with a special reduction ratio. The all-new model generates the function of conventional differential locks virtually using intelligent torque vectoring. G-ROAR brings a unique sound experience to the all-new electric G-Class. In addition to a characteristic, G-Class-specific driving sound, it includes one “aura” sound and a variety of “event” sounds.")
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_national-debt-set-to-top-3656-trillion-in-the-next-decade.webp "National Debt Set to , Top $56 Trillion, in the Next Decade.<br/>'The New York Times' reports that the <br/>United States is on track to add trillions of <br/>dollars to the national debt in the next ten years.<br/>On June 18, the Congressional Budget Office <br/>said that the national debt will exceed <br/>$56 trillion by the year 2034. .<br/>The acceleration of borrowing <br/>comes as increased spending and<br/>interest expenses exceed tax revenues.<br/>The nation's finances also continue to be weighed <br/>down by the rising costs of Social Security and <br/>Medicaid, exacerbated by elevated interest rates. .<br/>Those increased rates have also <br/>impacted the overall cost of massive <br/>loans made by the federal government. .<br/>For 2024, the budget deficit is projected to hit <br/>$1.9 trillion, an increase from previous forecasts <br/>which saw the figure reaching $1.6 trillion.<br/>In the next decade, the annual <br/>deficit is expected to skyrocket <br/>by $2.9 trillion by the year 2034.<br/>According to projections, this means the <br/>share of debt held by the public in 2034 will <br/>be 122% of the U.S. gross domestic product. .<br/>According to projections, this means the <br/>share of debt held by the public in 2034 will <br/>be 122% of the U.S. gross domestic product. .<br/>'NYT' reports that the news comes as lawmakers prepare <br/>for a showdown over taxes and spending, as many <br/>of Trump's 2017 tax cuts are set to expire in 2025.<br/>'NYT' reports that the news comes as lawmakers prepare <br/>for a showdown over taxes and spending, as many <br/>of Trump's 2017 tax cuts are set to expire in 2025.<br/>The nation's debt problem weighs heavily on <br/>an aging population facing long-term shortfalls <br/>like reduced retirement and medical benefits")
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