COST OF OUR NATIONAL DEBT JUST SPIKED!

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Our nation is deeply in debt.

And the cost of that debt just spiked as creditors are starting to wonder if we can ever afford to pay it all back.

In case you missed it, the bond market just sent a chilling signal– with confidence in America’s ability to repay its debts at a 19 year low. Read this article for more:

https://finance.yahoo.com/economy/policy/articles/bond-market-just-handed-u-160727118.html

Economic Pressure PointCurrent Figure
U.S. National DebtOver $39 trillion
Annual Interest ExpenseAbove $1 trillion
30-Year Treasury Yield5.19%
U.S. Household DebtRoughly $18.8 trillion
Credit Card Balances$1.25 trillion
Oil PricesOver $100 per barrel

The chart lays it out in black and white.

We are suffering as individuals. And we are suffering as a nation.

And the culprit is pretty clear– the political parties and all of their false promises have entirely failed us.

Trump’s Big Beautiful Bill and disastrous war in Iran is half the problem.

Biden’s insane spending splurge and stimulus money was the other half.

Put it together and we are worse off at anytime since the great recession– and folks we might be sliding right back there (and soon!)

Get off the bench. Support Troutman right now– with your voices loud and proud.

And if you want to make a SMART investment in your nation make a donation to the cause.

Support me if you can!

America Deserves to Win.

Chat soon. America Deserves to Win! 

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Published by Eric "Czar" Troutman

The Czar of TCPAWorld Eric J. Troutman is one of the country’s prominent class action defense lawyers and is nationally recognized in Telephone Consumer Protection Act (TCPA) litigation and compliance. He has served as lead defense counsel in more than 250 national TCPA class actions and has litigated nearly a thousand individual TCPA cases in his role as national strategic litigation counsel for major banks and finance companies. He also helps industry participants build TCPA-compliant processes, policies, and systems. Eric has built a national litigation practice based upon deep experience, rigorous analysis and extraordinary responsiveness. Eric and his team feel equally at home litigating multibillion dollar telecommunications class actions in federal court as they do developing and executing national litigation strategies for institutions facing an onslaught of individual TCPA matters. They thrive in each of these roles – delivering consistently excellent results – while never losing sight of the client experience. While many firms now tout TCPA expertise, Eric has been there from the beginning. He built one of the country’s first TCPA-only defense teams and began serving as national TCPA counsel for his clients nearly a decade ago. This perspective allows him to swiftly develop the right litigation strategies for dealing with recurring problems, without wasting time on tactics that are bound to fail. Eric’s rich historical perspective and encyclopedic knowledge of the TCPA landscape also make him an invaluable resource to institutional compliance teams struggling to comply with the shifting regulatory landscape. No task is too small – or too big. Indeed, Eric and his team have helped build TCPA-compliant systems and processes for some of the largest and most complex corporate entities in the country. He commonly works with in-house compliance counsel to build and implement enterprise and business-line specific TCPA solutions, performs TCPA audits and drafts and reviews proposed TCPA policies and procedures. He and his team also have the technical expertise necessary to assist call centers seeking to develop TCPA-resistant call path architecture or to modify existing telephony and software integration to better insulate from potential TCPA exposure. Eric has built a reputation for thought leadership. An avid blogger and speaker, he has been at the forefront of the industry’s effort to push for clarity and a return to sanity for the TCPA for years. He was selected to advocate for the financial services industry on important TCPA issues before the Federal Communications Commission and co-authored the nation’s only comprehensive practice guide on TCPA defense. In his spare time, Eric leads defense teams representing banks and other financial services companies in consumer finance litigation matters. He has experience representing clients in UCC, TILA, RESPA FCRA, CCRA, CLRA, FDCPA, RFDCPA and FCCPA claims, as well as in fraud and bank operations issues.

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