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CSPAN3 CBO July 4, 2024

The economy. This is about 40 minutes. 1. 6 trillion dollars, interest outlays are roughly 1. 5 times larger than either defense or nondefense spending. Also boosted deficits are two underlying trends, the aging of the population and growth in federal Health Spending per beneficiary. Those trends put upward pressure on mandatory spending. Measured in relation to economic output, federal debt by help held by the public rises to 99 in 2024 to 160 in 2034. Surpassing its historical peak. And then the debt ratio continues to rise, reaching 172 by 2054. From 2024 to 2033, the deficit is about 7 smaller than we projected last year. Primarily as a result of the fiscal responsibly act of 2023 and the subsequent continuing resolution. Together, those laws produce the Discretionary Spending. In our projections, the deficit is also smaller than it was last year because economic ....

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CSPAN3 CBO July 4, 2024

The economy. This is about 40 minutes. 1. 6 trillion dollars, interest outlays are roughly 1. 5 times larger than either defense or nondefense spending. Also boosted deficits are two underlying trends, the aging of the population and growth in federal Health Spending per beneficiary. Those trends put upward pressure on mandatory spending. Measured in relation to economic output, federal debt by help held by the public rises to 99 in 2024 to 160 in 2034. Surpassing its historical peak. And then the debt ratio continues to rise, reaching 172 by 2054. From 2024 to 2033, the deficit is about 7 smaller than we projected last year. Primarily as a result of the fiscal responsibly act of 2023 and the subsequent continuing resolution. Together, those laws produce the Discretionary Spending. In our projections, the deficit is also smaller than it was last year because economic ....

Times Larger , Health Spending , Year Economic , Labor Force , Interest Rate , Cost Energy , Energy Related , Economic Growth , Interest Rates , Just Say , Name Organization , Chapter Three , Reuters News , Clean Energy , Clean Energy Tax , Clean Energy Tax Credit , Energy Tax , Energy Tax Credit , Tax Credit , Tax Revenue , Inflation Reduction Act , Main Driving , Main Driving Force , Tax Credits , Will John , John Mcclellan ,

BLOOMBERG Bloomberg July 4, 2024

Slap the strongest fix ever, 1000 bits hired to stabilize the currency. Yet the currency is not looking at a gains even as we speak. It is also about the bond market rout happening globally, and we have seen in year yield surging 50 basis points in august alone, and when you surge the stocks go down. Msci asia index erasing some of the gains, up to its sixth straight day of losses. Benchmark and new zealand down. The benchmark and singapore also lower, and we have csi 300 index barely in positive territory. We have talks about how some companies are buying back their shares, not lifting sentiment as well. In the fx space, some green, aussie dollar up about what of 1 . You want yuan pretty flat. You have got to question, it is a weaker dollar story today, so how effective has of the yuan fix been . Take a look at where we are in terms of gold. Gold is up, oil surging beyond 80 per barrel. It begs the question what will that do for inflation and the fight against inflation . And terms of ....

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CSPAN2 Hearing July 4, 2024

Doctor subcommittee will come to order at ask unanimous consent the chair could declare recess in a timer that objections order. Good morning everyone thank you for we are here today to discuss one of the most with the u. S. Arsenal. That is software. It is crucial to our ability very in the air, the sea come , onlinein space anderspace. Aircraft carriers will be able to leave our pier they can deliver a payload over its target we expect the system and code we rely on work when■j needed. Despite this was seo dartmenterg and prioritizing software. Congress do know when something is wrong and something is right or in something is working or w. We read the studies repeatedly noting the department struggles with software findings that are remarkably consistent the 1980s untilin today. Its fundamentally amiss. My hope is for the witnesses to not only describe the problem but contextualize where possible what is being done to date with the largest barriers have been to address these issues ....

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CSPAN3 CBO July 4, 2024

The economy. This is about 40 minutes. 1. 6 trillion dollars, interest outlays are roughly 1. 5 times larger than either defense or nondefense spending. Also boosted deficits are two underlying trends, the aging of the population and growth in federal Health Spending per beneficiary. Those trends put upward pressure on mandatory spending. Measured in relation to economic output, federal debt by help held by the public rises to 99 in 2024 to 160 in 2034. Surpassing its historical peak. And then the debt ratio continues to rise, reaching 172 by 2054. From 2024 to 2033, the deficit is about 7 smaller than we projected last year. Primarily as a result of the fiscal responsibly act of 2023 and the subsequent continuing resolution. Together, those laws produce the Discretionary Spending. In our projections, the deficit is also smaller than it was last year because economic ....

Times Larger , Health Spending , Year Economic , Labor Force , Interest Rate , Cost Energy , Energy Related , Economic Growth , Interest Rates , Just Say , Name Organization , Chapter Three , Reuters News , Clean Energy , Clean Energy Tax , Clean Energy Tax Credit , Energy Tax , Energy Tax Credit , Tax Credit , Tax Revenue , Inflation Reduction Act , Main Driving , Main Driving Force , Tax Credits , Will John , John Mcclellan ,