New analysis shows more US consumers are past due on utility bills.
News Source : Associated Press
News Summary
- Troubles paying electricity and natural gas bills reflect something of an economic quandary for Trump.
- Fast-rising electricity bills could be an issue in some congressional battlegrounds in next year’s midterm elections.
- Nearly 6 million households have utility debt “so severe’ that it will soon be reported to collection agencies.
- The president maintains that any troubling data on inflation is false and that Democrats are simply trying to hurt his administration”s reputation.
- The administration has so far said it has no responsibility for any increases in electricity prices, since those are often regulated by state utility boards.
WASHINGTON (AP) More people are falling behind on paying their bills to keep on the lights and heat their homes, according to a new analysis of consumer data a warning sign for the U.S. economy and a [+4385 chars]
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