US Debt Ceiling Crisis Highlights Government Spending
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
US Debt Ceiling Crisis Highlights Government Spending
US Debt Ceiling Crisis , Highlights Government Spending.
'Newsweek' reports that recent polls have suggested
that Americans feel government spending sits
at the center of the current debt ceiling crisis.
'Newsweek' reports that recent polls have suggested
that Americans feel government spending sits
at the center of the current debt ceiling crisis.
According to a poll of 1,500 adults, at least half said they
think the government is overspending, while an equal
number want commitments to cut spending.
If the debt ceiling is not raised or suspended, the
U.S. could default on the $31.5 trillion debt it owes,
which would have significant global consequences.
RepublicanHouse Speaker Kevin McCarthy points
to a bill passed by House Republicans that
"avoids default and tackles reckless spending.".
Republican House Speaker Kevin McCarthy points
to a bill passed by House Republicans that
"avoids default and tackles reckless spending.".
The House bill calls for $4.8 trillion in savings
over the next decade and includes a reversal
of some key aspects of Biden's agenda.
The House bill calls for $4.8 trillion in savings
over the next decade and includes a reversal
of some key aspects of Biden's agenda.
Those cuts would include the student
loan relief program and Biden's
proposed clean energy tax credits.
'Newsweek' points out that the clean energy
tax credits are a crucial part of Biden's goal of
moving the U.S. closer to a green economy.
'Newsweek' points out that the clean energy
tax credits are a crucial part of Biden's goal of
moving the U.S. closer to a green economy.
To a large extent, it is just about the size
and the scope of government, which feeds
into larger debates about what the
appropriate role of the state is in
the U.S. economy and in people's lives, Thomas Gift, Director of the Center on U.S. Politics
at University College London (UCL), via 'Newsweek'.
Over the course of Biden's tenure,
more and more Americans have become
skeptical of spending on the order
of magnitude Biden has proposed, Thomas Gift, Director of the Center on U.S. Politics
at University College London (UCL), via 'Newsweek'.
'Newsweek' reports that the impending financial
disaster could lead to either party agreeing to
compromises that help to avoid the worst outcome
Some US Weapon , Shipments to Israel Continue , Amid Invasion of Rafah.
NBC reports that United States officials say that
shipments of military assistance have continued despite
concerns of Israel's invasion of Rafah in southern Gaza.
NBC reports that United States officials say that
shipments of military assistance have continued despite
concerns of Israel's invasion of Rafah in southern Gaza.
Officials familiar with the matter claim that
shipments of both offensive and defensive
weapons have been sent to Israel in recent days.
The news comes after the Biden administration threatened
to suspend arms shipment over Israel's plan to invade
Rafah, where over 1 million Palestinians have taken refuge.
The news comes after the Biden administration threatened
to suspend arms shipment over Israel's plan to invade
Rafah, where over 1 million Palestinians have taken refuge.
In response to the U.S. threat, Israeli Prime Minister
Benjamin Netanyahu vowed that his country would
"stand alone" in order to pursue its goal of eliminating Hamas.
In response to the U.S. threat, Israeli Prime Minister
Benjamin Netanyahu vowed that his country would
"stand alone" in order to pursue its goal of eliminating Hamas.
Last week, the Biden administration halted an arms
shipment of bombs that were intended for Israel. .
Last week, the Biden administration halted an arms
shipment of bombs that were intended for Israel. .
NBC reports that with no ceasefire between Hamas and Israel in sight, Israeli forces have continued its bombardment of Rafah amid ground operations. .
According to the United Nations, over 100,000 people have fled from eastern Rafah since Israel issued evacuation orders earlier this week. .
According to the United Nations, over 100,000 people have fled from eastern Rafah since Israel issued evacuation orders earlier this week. .
Aid groups, along with doctors and local officials, have expressed
growing concern that hospitals in Rafah have already been
overwhelmed ahead of a feared full-scale Israeli assault. .
For five days, no fuel and
virtually no humanitarian aid
entered the Gaza Strip,
and we are scraping
the bottom of the barrel, Hamish Young, UNICEF Senior Emergency
Coordinator in the Gaza Strip, via NBC.
According to local health officials, over 34,900 people
in Gaza have been killed since Israel launched its
assault following the October 7 Hamas attacks. .
According to local health officials, over 34,900 people
in Gaza have been killed since Israel launched its
assault following the October 7 Hamas attacks.
Credit: Wibbitz Top Stories Duration: 01:31Published
Israeli Prime Minister Netanyahu dismissed US President Biden's threat to halt arms sales over a potential ground operation in Rafah. Netanyahu asserted Israel's ability to stand alone and fight fiercely if needed, citing historical precedent. Despite Biden's concerns about civilian casualties, Netanyahu remains determined. The US decision to pause bomb shipments to Israel further underscores escalating tensions between the two allies.
#Israel #IsraelHamas #Rafahinvasion #Biden #JoeBiden #BenjaminNetanyahu #USnews #BidenNetanyahu #Israelnews #Worldnews #Oneinda #Oneindia news
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Ukrainian President Volodymyr Zelenskyy and other European leaders have applauded the US for passing a vital €89 billion aid bill which has been struggling to make it through the House of Representatives for months.
Credit: euronews (in English) Duration: 01:00Published
Catch up on the latest news as the US House of Representatives approves a $95 billion aid package for Ukraine and Israel. Learn more about the details and implications of this significant decision.
#USNews #USA #USBill #USHouse #USAidPackage #USAidBill #USUkraineRelations #USIsraelRelations #USTaiwanRelations #IsraelIranConflict #RussiaUkraineWar #ChinaTaiwanTensions #JoeBiden #Oneindia
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This Day in History: , The United States Officially Enters World War I.
April 6, 1917.
War against Germany was
declared in both the Senate and
House of Representatives by votes
of 82-6 and 373-50, respectively.
President Woodrow Wilson had called for
the declaration of war four days earlier.
The U.S. had been preparing for
war since the passage of a $250 million arms
appropriations bill in Feb.
Though initially against joining the war in Europe,
American public opinion shifted as German
attacks on ocean liners escalated.
The first U.S. troops landed
in France in late June.
The arrival of fresh and well-supplied
forces proved to be a turning point in
the war after four years of bloody combat
Credit: Wibbitz Top Stories Duration: 00:51Published
John Oliver is the latest to mock Nancy Pelosi for her widely ridiculed TikTok pun. On HBO's 'Last Week Tonight,' the host brought up how the U.S. House of Representatives passed a bill that would lead to a ban on TikTok if its China-based owner doesn't sell its stake. The bill passed on concerns that the app poses a national security threat under the ownership of Chinese technology firm ByteDance Ltd.
Credit: The Hollywood Reporter Duration: 01:18Published
Former Treasury Secretary , Looking to Form Investor Group , to Purchase TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
On March 13, the House of Representatives passed
the bill, which would force ByteDance to divest
the platform or face a ban on the app in the U.S.
I think the legislation should
pass and I think it should be sold.
It’s a great business and I’m going
to put together a group to buy TikTok, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”.
This should be owned by
U.S. businesses. There’s no
way that the Chinese would
ever let a U.S. company own
something like this in China, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
However, TikTok CEO Shou Zi Chew has said
that selling TikTok is not a viable option. .
According to PitchBook data, , ByteDance was valued at , $220 billion in 2023. .
Mnuchin has yet to specify the potential valuation
of a deal to acquire the social media platform
or which investors may be interested in the deal.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok
Credit: Wibbitz Top Stories Duration: 01:31Published
Republican lawmakers in the United States have sparked controversy with warnings of a 'massive Muslim takeover' in both the U.K. and the U.S. Despite Muslims constituting a small percentage of the population in both countries, concerns have been raised about their alleged influence in government. Stay updated on this developing story and the latest news from around the world.
#Republicans #RepublicanLawmakers #Sharia #ShariaLaw #Muslims #MuslimsinUK #MuslimsinUSA #MuslimsinIndia #UnitedKindom #UnitedStates #IslamicAgenda #Oneindia
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Ann Coulter, a US author and commentator, stated that she would not have voted for Republican presidential candidate Vivek Ramaswamy because he was a "Indian"... IndiaTimes
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At a media dinner in Washington on Saturday night, US President Joe Biden used his opportunity at the podium to to call on foreign governments to release detained journalists and roast his presumptive Republican running-mate Donald Trump over his age and literary tastes.
Credit: euronews (in English) Duration: 00:54Published
Watch as President Biden delivers a humorous election-year roast, taking playful jabs at his Republican rival, Donald Trump, during the annual White House Correspondents' Association dinner. Amidst political banter, Biden's remarks offer a lighthearted moment in the midst of the campaign season. Tune in for the best moments from the event!
#WhiteHouse #CorrespondentsDinner #USNews #JoeBiden #DonaldTrump #BidenvsTrump #BidenvsTrump #ProPalestineProtestUS #IsraelHamasWar #Oneindia
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Crisis in Haiti , Could Drive Another Wave of , Illegal Immigration in the US.
'Newsweek' reports that the United States
could be facing another wave of illegal
immigration driven by refugees fleeing Haiti.
On March 11, President Ariel Henry said
he would resign amid widespread gang
violence and a breakdown of law and order.
An estimated 80% of Port-au-Prince,
the Haitian capital, are under
the control of armed gangs.
An estimated 80% of Port-au-Prince,
the Haitian capital, are under
the control of armed gangs.
We are alert to that possibility.
The driving conditions in Haiti
could very well press
more people [to migrate], Rebecca Zimmerman, Department of Defense official,
via 'Newsweek'.
Thomas Gift, the head of the Centre on U.S. Politics
at University College London, warned that
a deepening immigration crisis would pose
a serious challenge for the Biden administration.
Fair or unfair, anything that
highlights the immigration
crisis is a net negative
for Biden at the moment, Thomas Gift, the head of the Centre on U.S. Politics
at University College London, via 'Newsweek'.
To the extent that the tragedy
in Haiti puts a new refugee story
in the headlines, it will only make
the immigration issue more
salient for American voters. , Thomas Gift, the head of the Centre on U.S. Politics
at University College London, via 'Newsweek'.
At the same time, Biden's
hands will no doubt be tied
by progressive groups who
will insist that the White House
not repatriate refugees back to
Haiti given the huge political
instability in the country, Thomas Gift, the head of the Centre on U.S. Politics
at University College London, via 'Newsweek'.
According to a Monmouth University survey,
84% of voters in the U.S. consider illegal
immigration a "serious" or "very serious" issue.
In 2021, Florida Governor Ron DeSantis declared
a state of emergency after hundreds of
migrants from Haiti and Cuba arrived by boat.
An estimated 146,000 Haitian migrants
were encountered at the U.S. border
between October 2020 and May 2023
Credit: Wibbitz Top Stories Duration: 01:31Published
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