take much more, much more than a stamp duty cut to get our country back on track and home ownership back on track and home ownership back to the levels last seen under the labour government. now this stamp duty change has been tried before. last time the government did it, a third of the people who benefited to buy a second home, they could bias third home or a buy to let property. is that really the best use of taxpayers money when borrowing and debt are already so high as two and can the chancellor confirmed today how much of this stamp duty cut will go to those purchasing multiple properties? instead of stamp duty is going up and down like a yo yo, we need to get building. we need to target support at first time buyers and tackle the issue of some like homes being sold to overseas investors. the chancellor has made clear who his priorities are today. not a plan for growth, a plan to do
is difficult because it depends on the international cost of energy on the international cost of energy on the international markets, and that can be very volatile. it is like a yo yo, it goes up and down, so predicting that it is hard to do. it is guesswork, could be less, could be more, but the expectation is that it will be funded by government borrowing, and that could result in higher taxes later down the line for all of us. in higher taxes later down the line for all of us. , ., all of us. in terms of the wider economic all of us. in terms of the wider economic impacts all of us. in terms of the wider economic impacts of all of us. in terms of the wider economic impacts of this, - all of us. in terms of the wider economic impacts of this, we i all of us. in terms of the wider - economic impacts of this, we have seen the pound fall, we have seen some market reaction, some unsteadiness this week, also fears whether this could actually be inflationary. whether this could actual
also think they are going to try and fix the price for business customers. the mechanism for that epic mock obligated, not quite sure how they will do it. one option is to mandate suppliers to offer per unit reductions to the business suppliers. that would last six months rather than 18 and will be reviewed. total cost of the package, the government estimates it to be somewhere between £100 billion and £130 billion. in truth, in estimating the cost, it is very difficult because it depends on the difference between the wholesale market price it goes up and down like a yo yo and the price at which he fixed a business and domestic customers. it could be less than 100 billion or it could be more than 130 billion or it could be more than 130 billion so it is guesswork. and how the government will treat this, is it normal borrowing? they are not spending the money only, they are telling the energy companies to take
don t leave me hanging like a yo-yo as president biden faces several crises at home and abroad that many americans are wondering if he will or should run again in 2024 break and instead of railing behind him, biden is only getting lukewarm support from his own party. a growing number of high-profile democrats outright dodging the question. if the president chooses to run again in 2024, i mean, first of all, i m focused on winning that majority right now. and preserving the majority this year in 2022 so we will cross that bridge when we get to it. do you want to see joe biden run for a second term? that is i don t want to answer that question. the president of the united states, do you want to see him run in 2024? i am not talking about 2022. i am not talking about 2024.
the public finances, and most importantly, not stoke inflation, because inflation is the number one problem that we have in the economy right now. but problem that we have in the economy riaht now. , ., , ~ problem that we have in the economy riaht now. , . , ~ ., right now. but it is a bit like a o- o, right now. but it is a bit like a yo-yo. he right now. but it is a bit like a yo-yo. he puts right now. but it is a bit like a yo-yo, he puts the right now. but it is a bit like a yo-yo, he puts the taxes - right now. but it is a bit like a yo-yo, he puts the taxes up l right now. but it is a bit like a i yo-yo, he puts the taxes up and yo yo, he puts the taxes up and down, it could look like he is not committed to one thing all the other. i committed to one thing all the other. ., . . committed to one thing all the other. ., ., ., ., other. i don t agree with that at all. i other. i don t agree with that at all- i think other. i don t agree with that at all. i think wha