Showing 3 ideas for tag "debt"
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Department of the Treasury

Professional Athlete Pay

Professional Athlete Pay
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If we could cut the amount of money we put into professional sports events and the amount of pay we give athletes to play. We could help the national debt and not have to worry about destroying the middle and lower class americans life.
Community Member said:
I agree they make too much but how could you make privately... more »

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Department of the Treasury

Borrow at Lower Interest Rates & Save $280 Billion per Year

The government borrows by selling mostly long-term bonds with an interest rate of around 4% to 5%. The government should borrow by selling more short-term bonds with an interest rate of 0.25% to 2%. Paying 2% instead of 4% on a $14 trillion debt would save $280 billion per year.

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Department of the Treasury

Treasury Department Offset Mailings

The Treasury Department takes money from federal payments to recoup money owed to other agencies. In doing so, they mail the offset notices to the affected person at the address provided by the agency to which they owe the debt. Often, the problems with debt collection arise from that agency not having the correct address for the person in the first place.

This causes the agency which issued the offset payment to spend... more »

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