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Fact check: Misleading claim Biden used tax dollars to bail out SVB

Transcripts for BBCNEWS BBC News 20240604 10:09:00

have fiscal plan has been delayed. we have been expecting it next monday but a tweet has just gone out from the treasury in the last few seconds which the treasury in the last few seconds which confirms it has been agreed by the prime which confirms it has been agreed by the prime minister and the chancellor this morning that the autumn chancellor this morning that the autumn statement as they are now calling autumn statement as they are now calling it autumn statement as they are now calling it will be delivered on the 17th of calling it will be delivered on the 17th of november. 17 day delay to that plan, 17th of november. 17 day delay to that plan, it will include an obr forecast that plan, it will include an obr forecast. it will include a medium term fiscal plan we have been talking medium term fiscal plan we have been talking about which the government is saying talking about which the government is saying will put public spending on a sustainable footing, ge

Transcripts for BBCNEWS Breakfast 20240604 06:02:00

seeking to regain the confidence of the markets. in an unusual move, both the prime minister and the chancellor will meet the chairman of the office for budget responsibility after a slump in the value of the pound, uncertainty over mortgages, and a week of extreme financial volatility. the watchdog had offered to prepare a draft forecast in time for last friday s mini budget, but that was rejected by the government. forecasts of the uk s economic outlook are usually published to accompany major financial announcements. it s led to accusations ministers were trying to avoid scrutiny, and that that has in part driven the lack of confidence in the markets. now the 0br, its costings methods and forecasts is seen by many as central to the plan to restore stability. but in a series of bbc interviews yesterday, the prime minister seemed keener to talk about cutting taxes and capping energy bills than surging mortgage costs. prime minister, it sounds like you re saying, crisis? what crisis?

Transcripts for BBCNEWS BBC World News 20240604 04:08:00

government. forecast of uk s economic outlook are usually published through major financial announcements. lejarraga sessions ministers were trying to avoid scrutiny and that has, in part, driven lack of confidence in the markets. now the opr, it s costing methods and forecasts are seen by many as central to the plan to restore stability. but in a series of bbc interviews yesterday, the prime minister seemed keener to talk about cutting taxes and capping energy bills than surging mortgage costs. it sounds like you are seeing prices, what crisis? ., ., crisis? i m not saying that all. i crisis? i m not saying that all. i think crisis? i m not saying that all. i think we crisis? i m not saying that all. i think we are - crisis? i m not saying that all. i think we are a - crisis? i m not saying that all. i think we are a very l all. i think we are a very serious situation, a global crisis brought about by the aftermath of covid and putin s invasion of ukraine. i completely understan

Transcripts for BBCNEWS BBC News 20240604 09:11:00

seeking to regain the confidence of the markets. in an unusual move, both the prime minister and the chancellor will meet the chairman of the office for budget responsibility after a slump in the value of the pound, uncertainty over mortgages, and a week of extreme financial volatility. the watchdog had offered to prepare a draft forecast in time for last friday s mini budget, but that was rejected by the government. forecasts of the uk s economic outlook are usually published to accompany major financial announcements. it s led to accusations ministers were trying to avoid scrutiny, and that that has in part driven the lack of confidence in the markets. now the 0br, its costings methods and forecasts is seen by many as central to the plan to restore stability. but in a series of bbc interviews yesterday, the prime minister seemed keener to talk about cutting taxes and capping energy bills than surging mortgage costs. prime minister, it sounds like you re saying, crisis? what crisis?

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