for older americans receiving food aid and it suspends the debt ceiling on two january 2025, after the next presidential elections. there are few lawmakers that likely final package but the economic consequences of not raising the debt limit could be catastrophic. not everyone is happy with this bill, but most members, as we are seeing so far, looks like they might get this over the line and approve the house debated bill. we will see that in just a short while, and they are trying to desperately sell the benefits of this bill as they try to get it over the line. it over the line. today the house is it over the line. today the house is taking it over the line. today the house is taking historic i it over the line. today the i house is taking historic steps to address our nation s out of control debt. this house republican win rescind is $28 billion in unallocated covid funds, it cuts to trillion dollars in government spending, it rains in the executive branch and rejects
Months of 2023, that is compared to the previous year. latest data shows the south asian country remains one of the world s fastest growing emerging economies especially with china s economy stumbling. the clearest sign that the economic activity has picked up and what has driven this growth is robust demand in the services sector. retail demand drove up as well as travel and transport, plus growth in manufacturing after the sector saw contraction for three straight quarters. but the concern is the uneven nature of this economic growth, so why domestic consumption has risen. data shows only the urban and richer driving consumption. premium brands have gained but affordable entry for handset sales have slowed. similar with cars, as spending weaknesses
1.4%, but here is the deal. we re at last quarter consumer spending and business investment and residential investment increased at significant rates both for leisure as well as hard products. remember the omicron variant was spreading wildly in the beginning of that quarter. the economy stumbling, yes, but the president reported to a low unemployment rate and record 4.5 million businesses created as signs offist economicu.s. econo strength. just ahead, what the president says about forgiving loan debt. but first hepatitis in children, what parents should watch for. sr iced coffees too. which makes waking up at 5 a.m. to milk the cows a little easier. (moo) mabel says for you, it s more like 5:15. man: mom, really? at vanguguard, you re more than just an investor, you re an owner with access to financial advice, tools and personalized plan that helps you build a future
Don t seem to hit the list. i think it s more a question of the focus that we see on a day like 9/11.ot the threat of not what is happening in iraq or afghanistan, but the largest question of what is after all going to be a long war against terrorism come back to people consciousness. the level of concern this year is higher m,aybe because of the financial circumstances we re in. people are worried about the number of threats to the national security and their own well-being understandably. neil: ambassador bolton, good seeing you again. thank you very much. thank you. neil: an economy stumbling, the housing going nowhere and people worry
Balanced budget long-term program that would cut spending and adopt tax reform and deal with entitlement reform. that is what we really need. if we are not getting that done by the end of the year, i ll vote for something to avoid the fiscal cliff on january 1st. i repeat, with this economy stumbling as it is, it is not the time to raise anybody s taxes. neil: if the president is re-elected, and if that lame duck session, and i agree, i doubt we will see much action on the part of either party ahead of the election, but say that the president is re-elected and it is up to a lame duck section to decide what happens on the rates, does the president then have purview enough to say, i have been reelected, we will do what i want and what i advocated which is extend the bush rates for everyone but the upper