Broadcasting live from the Abraham Lincoln Radio Studio at the George Washington Broadcast Center.

Jack Armstrong and Joe Getty.

Armstrong and Getty.

And now here's Armstrong and Getty. Mortgages, car loans, credit cards.

Americans are borrowing more than ever.

U.S. household debt now at $17.94 trillion.

For credit cards, that debt has never cost more.

The average interest rate, almost 22%, way higher than

auto loans and mortgage rates. Yeah, so I was about to jump in with what the amounts with

inflation, that just kind of makes sense, because everything is, you know, relative to whatever

things used to cost. But the interest rates don't change.

The way math works doesn't change.

And those higher interest rates in there ever are brutal for the highest load anybody's ever carried.

Yeah.

And you're absolutely right about inflation, that sort of thing.

But man, $17.94 trillion.

I don't care if you're in post-revolution Bolivia. That sounds like a lot. And you got somewhere

between 20 and 30 percent interest on your credit card based on your credit situation. Yeah, that's rough.

The biggest political story in America, by far, obviously, is Trump nominating Matt Gates and some other

conversial people to important positions. We talked about that a lot in hour one. We'll get back to that

again later. I mean, it's dominating all news coverage, except for Fox, where they're treating it as

like a third-tier story. For instance, this is a third-tier story. Did you see there's a new

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