US Household Debt Hits Record High, Report Says
LISTEN TO TLR’S LATEST PODCAST: By Robert Donachie U.S. household debt in the first quarter of 2017 topped levels reached during 2008’s Great Recession. The total debt held by U.S. households grew to $12.73 trillion in the first three months of 2017, $50 billion above the previous peak in 2008, according to a report released Wednesday by the…