Interest Spending News Today

Ill have the Conference Pick somebody else. America wakes up without a Speaker Of The House. And plenty of questions about who could ultimately replace him. Good day to our viewers in the United States and around the world. Im kasie hunt. It is wednesday, october 4. 5 00 a. M. Here in washington with congress in utter chaos this morning after the dramatic removal of Kevin Mccarthy as Speaker Of The House. Right now there is no clear replacement. No House Business is scheduled until at least tues...

Huge spending needs, interest payments to keep debt high; US, Italy, Britain most concerning

We estimate that in this year this will add 11 billion to the interest spending and it could add a similar amount or even more to that interest spending next year. rising oil, gas and electricity prices are affecting countries around the world. that doesnt make them any less painful or easier to fix. inflation will be setting new records and tightening its squeeze on household budgets for many months to come. simon jack, bbc news. police have issued new pictures of a sex offender whos still on t...

But also very uncomfortable for a government which wont want to see it persist. and it is about to get worse with real implications for the public finances. in april, a 54% rise in energy bills and a £6 billion tax hike on wages will push prices even higher. increasing the cost of the governments inflation linked debt repayments. we estimate that in this year, this will add £11 billion to the interest spending and it could add a similar amount or even more to the interest spending next year. r...

All-americans. when we failed to reform and sustain what we need for social security by reforming obamacare we lost by the one vote but the house was able to pass that. this is something both sides should sit-down and seriously take a look at. not just take a look at but take action. we have done well. on the mandatory size we cant sustain these programs without taking action now of the thats something we have been running on for ten years. >> i dont expect anything to be done about in during an...

That list led by jobs for veterans, interest spending, a bill stuck in congress, hitting that theme. if does come to questions there are a host coming from reporters, the white house, own up to the president are known to be very concerned about the economic situation in europe, whats happening there with the uncertainty about greece, increasingly spain, italy, ireland as well. the fund-raising numbers, of course weve been reporting, mitt romney outraising the president and democrats by some $16 ...

Is, as that bill comes up, that master card bill comes up, in a few years, interest spending alone will drown out everything. he doesnt want to change entitlements and we know were not going to get any savings there. and for all david said, spending is still going to go up. the rate of this spending increase might top off a little, but thats still going up. across the board, youre right. nothings changed and thats why were going to become greece. >> jonas-- >> if i might clarify my statement, br...