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CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 16:05:00 - Vimarsana News

CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 16:05:00

Against this cruel and senseless tradeoff when it comes to work requirements for entitlement programs. you can imagine all of this is part of the conversation today as they race to reach this deal. if a deal is reached today, they still have to post the bill, then have time for members to review, later a vote on the house floor and then later the senate. of course, nothing is agreed to until everything is agreed to. >> thanks to both of you. let's talk more about this. ronna, good to see you. more signs of progress. we like to hear all this optimism. the u.s. could be in default eight days fro...

CNN CNN Primetime June 4, 2024 01:05:00 - Vimarsana News

CNN CNN Primetime June 4, 2024 01:05:00

Also, on top of what she discussed, we don't know what the spending caps are going to be. a big sticking point has been will it be 2022 levels or back prior to covid? >> i think actually the bigger question for me, besides the top line number, is what actually is eligible for cuts. we have heard a lot of reporting, including just now, about what's been carved out, what is protected. defense, veterans programs, entitlement programs, whatever things democrats want to hold up as the things they have saved. what's left? by process of elimination, there isn't a ton of programs left, especially if w...

CNN CNN Newsroom Live June 4, 2024 06:10:00 - Vimarsana News

CNN CNN Newsroom Live June 4, 2024 06:10:00

Praised, taxes are off the table, and the big entitlement programs for seniors and that the primary drivers of the federal deficit are off the table, part because 65% of their votes now comes from white voters over 45. on your left is with this small sliver of a federal budget, domestic just aries funding, it's only about once every six or $7 at the federal government spends. you can squeeze it as much as you want, and you are still not going to fundamentally change the trajectory of the deficit, and then need to show that they are standing up to biden's aim telling them to bring the country a...

Explained: How a US debt default would affect the global economy - Vimarsana News

Explained: How a US debt default would affect the global economy

The repercussions of a first-ever default on the US federal debt would quickly reverberate around the world. Experts say that 'no corner of the global economy would be spared'

US debt ceiling crisis: Why Joe Biden is wary of invoking the 14th Amendment - Vimarsana News

US debt ceiling crisis: Why Joe Biden is wary of invoking the 14th Amendment

Joe Biden and his administration have been searching for ways to act unilaterally to avoid an economic ‘calamity’ if Congress can’t reach agreement to allow more borrowing. While some advocate using the 14th Amendment, the president has viewed the route as a problematic and untested legal theory