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July 7, 2024
from 62 to 64. and — soggy takeaway! how the red—hot food delivery market has started to go cold. a lot to talk about, lets get going. we start in the us where a bitter political fight over the countrys finances is about to begin. later today, the federal government will hit its borrowing limit agreed by congress far earlier than expected. the figure? an eye—watering $31.4 trillion. in the short term, treasury secretary janet yellen will be able to buy some time, using what are k...
July 7, 2024
according to u.s. intelligence the missile tests do not pose an immediate threat to the united states. >> lets go to seoul and bring in paula hancock. give us the latest. >> reporter: john were hearing here from the south korean side that the u.s.s. ronald reagan is off the east coast, carrying off navy drills as north korea fires yet more missiles. as north korea continues to break its own missile launch record. south korea says trilateral naval exercises are back in the water. holdin...
January 19, 2023
But congress will urgently have to find a solution and it is more divided than ever as michelle fleury reports from new york. the debt ceiling or debt limit is the legal amount the american federal government is allowed to borrow. it american federal government is allowed to borrow.— allowed to borrow. it has maxed it out faster _ allowed to borrow. it has maxed it out faster than _ allowed to borrow. it has maxed it out faster than expected, - it out faster than expected, there are a couple o...
October 6, 2022
Doesnt cost to service it. 2021, the cost was $352 billion, by the time we get out here, $1.2 trillion to service that debt that means you have less wiggle room for spending elsewhere and other priorities. this is something that people really need to pay close attention to this. this is a problem from congress, they cant make the tough decisions because it will hurt. getting this pile under control will hurt, it means higher taxes or less spending. >> now all of a sudden the interest rate on all...
July 19, 2021
As they come out of that. and the level of debt that those businesses will exit with is so significant that many of them may fall over before the next two years are out. the government says it understands how difficult the pandemic has been for nightclubs and it continues to do everything it can to support them. it also points to what it calls an unprecedented £352 billion package of support. but uncertainty has consequences. for example, many clubs are refusing to check peoples covid status as...
July 16, 2015
Candidates trying to get ahead of the pack. >> dont lie to the american people. >> kristis tee says the president is falsely claiming the u.s. will have access to irans nuclear program because iran gets advanced notice in the deal and up to 24 hour days of arbitration before a decision. >> carl how is that any time anywhere? >> it sounds like if you like your doctor you can keep him. >> its not true. so if he needs to sell the deal. i understand that. but he should sell it based upon the truth. ...
July 15, 2015
Candidates trying to get ahead of the pack. >> dont lie to the american people. >> kristis tee says the president is falsely claiming the u.s. will have access to irans nuclear program because iran gets advanced notice in the deal and up to 24 hour days of arbitration before a decision. >> carl how is that any time anywhere? >> it sounds like if you like your doctor you can keep him. >> its not true. so if he needs to sell the deal. i understand that. but he should sell it based upon the truth. ...
August 17, 2013
Help balance the playing field. its called the transaction tax. conservatives hate it. wall street hates it. but look what it would do for america. democrats have been pushing this for years. and its a story that doesnt get enough attention. this is what i said about it back in january. heres five 20s. theres $100. visualize this. theres $100. every time theres $100, theres three cents. i better get my piggy bank out here. just like that. thats it. thats it. $100. three cents. there you have it....
March 1, 2013
It offset the cost with a mix of both spending cuts and revenue. it included $1.8 trillion in new debt. but it makes these dire times at a time when a nation turns its eyes to revenue that will not hit the paycheck of american workers who see their paychecks staggering. enter the three democrats who held a press conference today who discussed an idea to raise $352 billion over ten years and almost no one showed up. my colleague was in the room and he said there were six or seven reporters there.
March 1, 2013
Senate to avert the sequester failed today. it offset the cost with a mix of both spending cuts and revenue. it included $1.8 trillion in new debt. but it makes these dire times at a time when a nation turns its eyes to revenue that will not hit the paycheck of american workers who see their paychecks staggering. enter the three democrats who held a press conference today who discussed an idea to raise $352 billion over ten years and almost no one showed up. my colleague was in the room and he s...