There may be a possible breakthrough in the debt limit deadlock. House Speaker Kevin McCarthy unveils a new plan to raise the debt ceiling—and demands spending cuts at the same time. A tragic death has occurred after a popular TikTok challenge. What exactly happened? The Biden administration’s tax code could be subsidizing the Chinese Communist…
NTD Business (April 19): Biden Tax Credits Benefit the CCP: Hearing; Teen Dies After TikTok Benadryl Challenge
April 19, 2023
admin
Business & Marketsdebt ceilingeconomic policieseconomyEpochTVLive VideosMarketsNTD BusinessteslaTikTokVideo
0 Comment
Bipartisan Caucus Proposes Plan to Avoid Default If Biden, McCarthy Fail to Reach Debt-Ceiling Deal
The Problem Solvers Caucus proposed a one-page, four-step framework that would solve the debt-ceiling issue if the White House and congressional leaders fail to come up with a deal. The 63-member bipartisan congressional coalition (31 Republicans and 32 Democrats) endorsed suspending the debt limit until December 31, 2023, “to remove immediate pressure of defaulting on…
Citigroup Expects the US to Fall Into a Recession in the Fourth Quarter
Citigroup said it believes the United States likely will fall into a “shallow” recession in the fourth quarter of this year due to multiple “uncertainties” in the economy amid continued inflation, rising interest rates, and the recent banking turmoil. Jane Fraser, the CEO of the investment bank, made the comments during an earnings call on April…
LIVE 12 PM ET: LIVE: Senate Majority Leader Chuck Schumer Speaks About Debt Ceiling
U.S. Senate Majority Leader Chuck Schumer holds a media event to discuss the debt ceiling at 12: p.m. ET on April 17. …
LIVE NOW: Senate Majority Leader Chuck Schumer Speaks About Debt Ceiling
U.S. Senate Majority Leader Chuck Schumer holds a media event to discuss the debt ceiling at 12: p.m. ET on April 17. …
Senate Majority Leader Chuck Schumer Speaks About Debt Ceiling
U.S. Senate Majority Leader Chuck Schumer holds a media event to discuss the debt ceiling at 12: p.m. ET on April 17. …
JPMorgan CEO Warns of Economic ‘Pain’ and Turbulence ‘That Will Scare People’
JPMorgan CEO Jamie Dimon said Thursday that Americans will feel economic “pain” before an agreement is reached on raising the debt ceiling and markets will start to experience frightening turbulence as a possible default gets closer. Dimon made the remarks in an interview with CNN on Thursday, predicting that deadlocked Democrats and Republicans will reach…
Investors Should Be Worried About Debt Ceiling Deadlock: House Speaker
House Speaker Rep. Kevin McCarthy (R-Calif.) said Wednesday that investors should be worried about the deadlock in Washington over raising the debt ceiling as the United States inches closer to a possible debt default, which both Democrats and Republicans have warned would be terrible for the economy. McCarthy told Bloomberg TV in an interview Wednesday…
Moody’s Chief Economist Mark Zandi Says U.S. Has a Fighting Shot at Avoiding Downturn
March 31, 2023
admin
Business & MarketsCaliforniadebt ceilingeconomic recessioneconomylayoffsMark ZandiNorthern CaliforniaRegional & State NewsState NewsUS
0 Comment
Moody’s Analytics chief economist Mark Zandi said the United States still has a “fighting shot” at avoiding an economic downturn, in an evening town hall meeting on March 29. Zandi testified in the House Budget Committee hearing on the expanding federal debt earlier the same day. “I think we have a fighting shot to get…
Moody’s Chief Economist Mark Zandi Says US Has a Fighting Shot at Avoiding Downturn
March 31, 2023
admin
Business & MarketsCaliforniadebt ceilingeconomic recessioneconomylayoffsMark ZandiNorthern CaliforniaRegional & State NewsState NewsUS
0 Comment
Moody’s Analytics chief economist Mark Zandi said the United States still has a “fighting shot” at avoiding an economic downturn, in an evening town hall meeting on March 29. Zandi testified in the House Budget Committee hearing on the expanding federal debt earlier the same day. “I think we have a fighting shot to get…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`