746 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

stress when in fact it's causing mental illness, anxiety, depression, suicidal thinking. >> john: welcome back as "america reports" rolls into hour number two. i'm john roberts in washington. that's pretty stunning, sandra. >> sandra: really serious stuff. sandra smith in new, i don't. 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 son's delusions worse. her story and her warning just ahead. as we top a brand-new hour, any moment now we are set to see the pentagon take questions as u.s. troops remain stationed a...

Don't -- and now you are going to pay interest on the interest. so that's 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 today's 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, it's now $986 billion, more than $200 billion gain there, according to the federal reserve. at ...

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 back over the past four years. in 2008 they found $746 billion that's up from 563 billion in 2008. lot...

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 didn't 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 doesn't include social security and medicaid. they identified 83 overlapping welfare programs that together represent the single largest 2011 budget item and found th...