The Prime Minister has warned that the budget this october will be painful, in his first major speech from no 10 since becoming Prime Minister. Speaking in the rose garden, he said his government had inherited a black hole in the public finances, of £22 billion. Those with the broadest shoulders should bear the heaviest burden, he cautioned, but he also said there would be big asks of everyone. The conservatives responded by saying the speech was an indication that labour had been planning tax rises all along. Vicki young has our top story. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavier burden. I will have to turn to the country, and make big asks of you as well. Its already
Between here and there. The bill faces an uncertain future in the senate. The Senate Majority leader Chuck Schumer has been noncommittal about whether he will bring it up for a vote. Some senators have already vowed to vote against it. If it does move through the senate, joe biden has said he will sign it. Proponents of the bill argue tiktok is a National Security threat and the apps 170 million us users are vulnerable to data theft by the Chinese Government. The priority is National Security and chinese access to millions of american s minds. Thats what the primary issue is. There are trade offs with that though. The former President Donald Trump used to back the idea but he changed his tune, saying while it poses a security and privacy concern, banning the app would be a boon for facebook. Which he called an enemy of the people. With that, a National Security, free speech and youth issue also becomes a campaign issue. Protesters took to capitol hill on wednesday in support of tiktok.
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That would collapse to about 15 , and ev makers would essentially be allowed to bring in 8000 vehicles of the value of over 35,000. As you said, this is conditional upon them investing 500 million over the next three years, essentially creating a Manufacturing Base for evs. We will have to wait and see whether the likes of elon musk announced any plans on the back of this policy in the months ahead. The months ahead. Help us understand the months ahead. Help us understand the the months ahead. Help us understand the ev the months ahead. Help us understand the ev marketl the months ahead. Help us. Understand the ev market in india, and the challenges these Companies Might face. India, and the challenges these Companies Might face. There are a number of Companies Might face. There are a number of big Companies Might face. There are a number of big challenges, a number of big challenges, steve, including the fact that charging infrastructure at this point is very inadequate, and that will
Where it faces an uncertain future. Majority leader Chuck Schumer has been noncommittal about whether hell bring it up for a vote. Some senators have already vowed to vote against it. It does move to the senate, President Biden has said he will sign it. Proponents have argued that tiktok is a Security Threat and the 170 million us users. Are still vulnerable to data theft. The riori vulnerable to data theft. The priority is vulnerable to data theft. The priority is National Vulnerable to data theft. Tue priority is national security. Thats what the primary issue is. There are trade offs. Former President Trump used a vac this idea, but this week, change his tune, tiktok poses security and privacy concerns, banning the app would be of boom for facebook with that, and national security, free speech and youth issue also becomes a campaign issue. Protesters took to capitol hill in support of tiktok. Do you have any concerns about china tapping into peoples phones or Security Risks . Securi