746 Billion News Today

stress when in fact its causing mental illness, anxiety, depression, suicidal thinking. >> john: welcome back as "america reports" rolls into hour number two. im john roberts in washington. thats pretty stunning, sandra. >> sandra: really serious stuff. sandra smith in new, i dont. all new at 2:00, we speak to a mother who lost her son to suicide. she blames years of heavy cannabis use that made her sons delusions worse. her story and her warning just ahead. as we top a brand-new hour,...

Dont -- and now you are going to pay interest on the interest. so thats sort of the big picture problem when you talk about the trillion dollar numbers. >> put it this way. if you have 5k in credit card debt, to pay that off at todays rates, spend 7,000 on interest. so when you think about that debt, the worst kind of debt you can have. rates are so high and the longer you take to pay it off the more you pay in total. >> sandra: and back to january 2021, when credit card debt was at $746 billion...

Household. when you break that down to an hourly bases you are talking about spending per hour over $30. the median income per hour is $25 in this country. so these that are fully on the federal spending programs or welfare programs in this country are earning more than the average household earning a salary. so some really shocking numbers. >> not much incentive to get up and work eerie day. >> and these numbers are going up. >> they are going up. welfare payments up 33 percent when you look ba...

Sheen of 2 and a half men he replaced him as number one on the list. sheen led last year with 40 million but this year didnt even make the cut. still winning. >> a staggering new report. welfare programs are now the largest chunk of government spending topping a trillion dollars. here now to explain is fox business network diane macedo. >> a congressional research shows testing in welfare program at roughly $1.03 trillion that doesnt include social security and medicaid. they identified 83 ove...