The fact of the matter is it is growth being curbed, not the programs themselves. Look at this. The Congressional Budget Office says we spent 100 last year and were supposed to spend 106 this year. For a lot of people anything less than 1107 is a cut. There are no medicaid cuts in terms of ordinary human beings refer to a cut. Were not spending less money one year than we did before. Were growing medicaid more slowly over the 10year budget window. Neil i want to repeat again, if you were to follow the traditional media describing this budget, this isnt a protrump or antitrump statement here, the fact of the matter here it is the biggest budget in american history, 4 trillion worth of spending. Every single major entitlement, every Single Program will be getting more money than was originally going to be the case down the road. Now, what was curbed was the growth. In other words the growth of spending, medicaid, you heard a lot about that. Still over the next 10year it will be getting o
Beijing hosting the worlds biggest auto show, overshadowed by the recent mitsubishi scandal. What you think. Follow me on twitter rishaadtv, and use trendingbusiness. China, Hong Kong Markets underway in 30 minutes. Singapore, taiwan, malaysia. No trading in new zealand and australia. A good start after regional stocks fell from a fivemonth high. Asiapacifice msci third weekly gain of 1 . A number of Technology Earnings weighing on sentiment, particularly stateside, alphabet, microsoft, and s ony. Singapore opening down. Ratided of brokerages for potential breaches of security. Taiwan opening flat at the moment. The kospi is flat, a little downside. Markets, samsung reporting later this week, i huge component of the kospi. Extending losses, down by half of 1 . The yen creeping up after falling the most in 17onths on friday. We have that report that the bank of japan potentially giving a helping hand to banks. Offering negative rates, meaning japanese lenders will be paid to borrow from
Is down by just. 10 . A road map develops for what could be a very, very good day in technology. Hear what Steve Ballmer has to say. The mini ipad is out. More trouble at best buy, a Major Management shakedown. And is cramer going to call this the come back story of the quarter . And could it keep the ceo off the hot seat . We begin today of course with microsoft officially unv l unveiling its the secret staging area microsoft uses to lae out its Retail Stores nationwide, we talked to Steve Ballmer about pcs versus tablets. You asked me whats going to happen to the pc market and the tablet market. We cant tell them apart. But with one arrow, we have if you will gotten two birds, tablet and pc, but we dont want to let any of the innovation surface of that not be exploited. Thats the only statement were making. What do you think its going to do . Because if theres so much hoopla about windows 8 a year ago. Its a dividend play, its a utility, its a little more spark. The company itself, t
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What did Hyundai and Kia present as better than in-wheel motors? And which electric truck are shoppers most excited about? Hint: It’s not the Cybertruck. This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 1, 2023. The Tesla Cybertruck was revealed Thursday in production form, and the.