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Breaking Points with Krystal and Saagar
9/18/23: Military Loses Airborne F-35, Ford CEO Freaks Over UAW, 100 Billion Student Loan Bomb, Trump on Abortion, Texas AG Survives Impeachment, Lauren Boebert BeetleJuice Debacle, Hasan Minhaj Admits Fake Stories, Drew Barrymore Weeps Over Scab Show
Sep 18, 2023
01:22:25
Snipd AI
The podcast covers topics such as the UAW strike causing the Ford CEO to lose it, Trump's views on Electric Vehicles, the potential impact of the 100 billion student loan bomb, Trump's comments on abortion, the impeachment of Texas AG Ken Paxton, Lauren Boebert's debacle at the Beetlejuice musical, Hasan Minhaj admitting to fabrications in his comedy, and Drew Barrymore facing backlash during the writers' strike.
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Quick takeaways
- Restarted student loan repayments may strain consumer budgets, impacting discretionary spending and retail sales.
- Selective strike by United Auto Workers pressures automakers for fair wages and calls attention to union struggles.
Deep dives
Student Loan Repayments Restarting
Student loan repayments are set to restart in October, with borrowers making monthly payments of $200 to $300. This significant financial burden threatens to pull $100 billion out of consumer pockets, impacting discretionary spending and retail sales. The restart has already put pressure on workers who have increased their working hours in anticipation. The Biden administration has attempted to ease the burden by offering a repayment plan to make the payments more affordable based on income levels.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode