are bushie's parents effectively bankrupt?

[King]

No, but they need to make massive cuts to entitlement spending.

[King]

I've long not really understood his parents' financial situation at all. It really doesn't seem like they're hurting for money.

To be fair, our only source is Bushie and I doubt he knows much about it or has ever asked.

[King]

Guys, part of being a child is naivety about your parent's financial situation. Bushie's family could be near destitute and we not know it because Bushie doesn't know it as he doesn't know how money works.