I believe the GOP is focusing
on debt reduction now because its spiraling out of control and the don't want to end up like PIIGS over in Europe where you reach a point of no return.
Why are the Republicans insisting
on debt reduction NOW?
Not exact matches
Send a check for $ 50 (the amount
now covered by the store credit) to the next creditor
on your
debt reduction list.)
But One51 has plenty of cash
on hand
now: So if we choose to allocate just over half this cash (EUR 34 million) to
debt reduction, One 51's
debt burden & finance costs would reach a sustainable 15 % of EBIT.
I realize
now that these were stupid things to do, but — my dedication to
debt reduction has
now turned to dedication to savings — sold the tractor, sold the bees, paid of credit card
debts, and
now just have a 0 % loan
on my car and a 0 % loan to my Mom (aren't parents great), with 30k in the bank.