Pledge to address corruption and reduce economic burden on true lancome. And that resonated with citizens who have been burdened with high living costs and rising poverty, even at a time when the economy overall seem to have stabilised. Now, anura kumara dissanayake promise to cut income taxes and slashes tells taxes on food and medicine, his also promised to renegotiate terms of the imf programme to make it easier for sri lankan. But experts say that he can manage to realistically deliver and fund the populous promises, while balancing sri lankan s. The foreign reserve is at $6 billion that can last forjust three months. Imf bailout line that forced his territory in order to boost government revenues is also halfway through and a deal to restructure the huge foreign debt by still not finalised. Stabilising the economy and manoeuvring lenders especially bilateral partners india and china will be one of the first test. This party so far has had a no experience in running a government, e
Down this morning off the coast of florida, ending a historic mission that included the worlds first allcivilian space walk. More on that the ahead. Welcome to Fox News live, im mike emanuel. Vice president harris joining president Biden Saturday Night in washington at a congressional black Caucus Event as new polling shows trump leads harris when asked who would be more likely to bring down price on everyday items. Harris facing criticism during her first Solo Interview as the democratic nominee. Lucas tomlinson is live outside the White House with the latest. Hello, lucas. Reporter good afternoon, mike. Critics have taken the Vice President to task on what they say is taking her time answering those questions when asked what specifically she would do to bring down prices. System say it took her a while to get to that answer. Now, as you mentioned, both President Biden and Vice President harris attending that congressional black Caucus Dinner here in the Nations Capital last night. Ha
But if previous cases are anything to go by, Donald Trumps third indictment is only likely to boost his popularity with Republican Voters. The charges he faces, though, are serious. The 45 Page Indictment accuses the former president of knowingly spreading false claims about Election Fraud to trick and persuade states into helping him overturn the election results. The police are now running back into the capitol building. Hes not been charged with inciting the violent scenes of january 6th, but prosecutors have drawn a link. The attack on our Nations Capital onjanuary 6th, 2021, was an unprecedented assault on the seat of american democracy. Its described in the indictment. It was fuelled by lies. Lies by the defendant, targeted at obstructing a Bedrock Function of the us government, the nations process of collecting, counting and certifying the results of the president ial election. Donald trump responded by posting a Campaign Statement on his social media network, truth social, like
Remember thatjust like most americans who have credit records when they want to borrow money and find out how much debt they can take on, the Us Government also gets a credit rating. When it gets downgraded like this, the potential long term effect as it could push up the cost for the Us Government of borrowing money, and in turn that might long run push up taxes, it could mean less spending by the government and could mean fewer government and could mean fewer government programmes in the future. We are not there yet, but that is the underlying fear. If you look at what they are trying to address here in this downgrade, or one of the concerns they cite, it is a problem that exists both in the past but also in the future, and that is rising Us Government debt. At the moment Us Government debt stands at in excess of 30 trillion and it is expected to exceed the total size of the us economy at some point. With that in mind, with this problem in sight, and with the political disunity we ha