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KQED Nightly Business Report July 14, 2024 - Vimarsana News

KQED Nightly Business Report July 14, 2024

Speak, investors listen for clues and, hopefully, some clarity. But once in a while their remarks can create more questions than answers, and that was evident in the market today. Confusion reigned as Central Bank Officials appeared to walk back the chance of a more sizable Interest Rate cut at the next policy meeting later this month. Hopes for a half a percent cut were fuelled by comments made yesterday by president of the new york fed and they were top of mind again today when the head of the st. Louis fed spoke. All of the confusion though resulted in a down market with the industrial aver...

CSPAN Washington Journal August 19, 0710 - Vimarsana News

CSPAN Washington Journal August 19, 0710

The conversation on facebook and twitter. Host this is washington journal, july 9. Plan toanders and aoc introduce a resolution declaring a Climate Change emergency. Thelution will read emergency is a direct effect of human activities. The move comes one day after Trump Administration highlighted what they say are key successes when it comes to environmental policy, citing air quality, lower Carbon Emissions and cleaning up Hazardous Waste sites. What was said by the president on this issue and you can make comments on the efforts on Environmental Issues by calling the phone lines. 202 7488000...

CSPAN3 Washington Journal William Hoagland July 14, 2024 - Vimarsana News

CSPAN3 Washington Journal William Hoagland July 14, 2024

This is bill hoagland of the by paulson part of the center to talk to you about the effect of debt on the federal budget in the next many years. Thank you for giving us your time. Glad to be here. Looking out 30 years, what is the potential when it comes to the debt in the United States . The total amount of debt will continue to grow. A lot of factors involved in that. These are all projections that could be off, but generally because of the demographics of the changes in the way we are an aging population and the fact that we pay a lot in terms of medicare and Social Security benefits will c...

CSPAN Washington Journal William Hoagland July 14, 2024 - Vimarsana News

CSPAN Washington Journal William Hoagland July 14, 2024

Would think about what we are doing with our military . Soldiers want to serve in the military, et cetera. Guest first of all, in terms of our federal spending for national security, which is part of the constitution and thatction of our country, is probably about 15 , 12 to 15 of total spending. The total number of entitlements , in terms of Social Security, medicare, medicaid and paying the interest on public debt that has to be paid, we are talking about 70 . Theres a difference here. You could reduce defense spending. Its not something popular right now. The president has asked for an incr...

CSPAN2 Washington Journal William Hoagland July 14, 2024 - Vimarsana News

CSPAN2 Washington Journal William Hoagland July 14, 2024

Of factors involved in that. These are all projections. Generally because of the demographics and the changes in the way we are an aging population in the fact we pay a lot in terms ofs medicare and Social Security benefits will continue to grow. As a consequence along with paying the interest on accumulated debt itself means that we would be looking at the possibility of the debt to what we call debt to level of the government growing from where it is today which is at a historic high around 78 percent of gdp well up into the 100 a 150 percent over the next 30 t 40 years. 144 percent by 2049 ...