Prospects and rising virus numbers. Disney is laying off workers at its u. S. Theme parks and resorts as covid19 continues to hammer travel and demand for group entertainment. Ahead of the first u. S. President ial faceoff, that debate in cleveland happening in the next couple of hours. We are seeing asian markets looking like they will start the day pretty adrift. Chinese pmi numbers could show a steady decline further into more negative conditions. This is how u. S. Futures are trading after slippage in the overnight session with low volumes going into that debate. Contracts are pretty flat at the moment. Thinolume is expected and liquidity on the ground in asia with korean markets on a Public Holiday and the last day of trading before the golden week holidays takes the mainland Chinese Markets out of action. We are seeing a pretty flat start according to the futures session. In sydney, bearishness going into the open, looking like indicated downside of 1 when we get into cash tradin
And inflation reduction. This is two hours. L all right, let me call this hearing of the budget to order. I want to thank my colleagues we start it 10 00 oclock today had a presentation to make. I thank you for indulging that. 0 [inaudible] no on so let me first say good morning to our Committee Members esent in a special welcome to our witness shalanda young. Director young its always a pleasure to have you here before the committee. There is simply no better communicator of a complicated budget procedure than you. President id have this you in this important position the president is fond of saying, a budget is a statement of values. That message is especially salient this year as President Biden and maga republicans offer starkly different visions of our countrys future. On the one hand President Biden released a fiscally responsible budget that puts the middle class first, cuts the deficit by 3 trillion paves the way for a stronger, safer and more prosperous america. Onâ– the othe
For ukraine, the National Debt and inflation reduction. This is two hours. All right, let me call this hearing of the budget to order. I want to thank my we start it 10 00 oclock today had a presentation to make. I thank you for indulging that. [inaudible] none on so let me first say good morning to our Committee Members present in a special welcome to our witness young. Director young its always a pleasure to have you here before the committee. There is simply no better communicator of a complicated budget procedure than you. President biden is very lucky to have this you in this important position the president is fond of saying, a budget is a statement of values. That message is especially salient to this year as pde biden and maga republicans offer starkly different visions of our countrys future. On the one hand President Biden released a fiscally responsible budget that puts the middle class first, cuts the deficit by 3 trillion paves the way for a stronger safer and more prosper
Into office, we spent 6. 8. Then we havent reset to the 2019 baseline. How are we ever going to recover from this . Director young we put forth a proposal. A way to continue to invest in the American People. If we think we have adequate childcare and paid leave in this country, i welcome us to talk to hardworking americans. We can do that by asking the top 1 and 2 to add more into the system. That way we cannot only pay for our investments, but we can bring down the deficit we cant just talk about spending as if it only hits those programs that hit working families in this country. Senator johnson if you make the rich pay their fair share, the top 1 garner about 20 of the income pay about 40 of the income tax. Ts a fair share. Director young they pay about 25 . Senator johnson i remember when a couple hundred billion dollars was like real money. Political process would be all upset if you are rupbding a dollar deficit. Your plan to get us out of this, you are running deficits of 1. 8 1
All right, let me call this hearing of the budget to order. I want to thank my colleagues we start it 10 00 oclock today had a presentation to make. I thank you for indulging that. [inaudible] none on so let me first say good morning to our Committee Members present in a special welcome to our witness. Director young its always a pleasure to have you here before the committee. There is simply no better communicator o you. President biden is very lucky to have this you in this important the president is fond of saying, a budget is a statement of values. That message is especially salients biden and maga republicans offer starkly different visions of our countrys future. The one hand President Biden released a fiscally responsible budget that puts the middle class first, cuts the deficit by 3 trillion paves the way for a stronger, safer and more prosperous america. On the other hand to undo proGrowth Investments creating jobs, driving a Clean Energy Boom and lowering costs for households