Credit Card Debt Hits Record $1.14 Trillion

Credit Card

More Americans are struggling financially as savings are significantly down and debt and delinquencies are up compared to four years ago.

Savings and disposable income are significantly down when comparing federal data under the Trump and Biden-Harris administrations.

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Amazon and Facebook Spent More Money Than Ever Lobbying in 2021

Amazon and Facebook parent company Meta spent more money in 2021 lobbying lawmakers and officials than any year before, according to lobbying disclosure filings.

Amazon spent $20.3 million on lobbying while Meta spent $20.1 million in 2021, according to a review of lobbying disclosure filings by MarketWatch. The figures are record totals for both tech companies, who spent $18.9 million and $19.7 million on lobbying in 2020, respectively.

Google’s lobbying spend for 2021 clocked in at $11.5 million, while Microsoft spent $10.3 million and Apple spent $6.5 million, according to MarketWatch’s review.

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