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BBCNEWS Asia July 6, 2024



on us and global economies. so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. the first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a months pass piece of legislation to save the nation from economic catastrophe. so what exactly happening? weeks to go before the federal government is unable to pay its bills. will the us government spend more money that it brings in. so it needs to boro money to pay its bills. it can only boro a certain amount of money. and if it needs to boro more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but the us presidentjoe biden says no way. you need to pass this legislation with no strings attached. so off to the white house the two warring poli ....

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BBCNEWS Asia July 6, 2024



here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to approve that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the white house the two warring political parties go to try and work it out. ....

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BBCNEWS Asia July 6, 2024



so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the white house the two warring political parties go ....

Presidentjoe Biden , Debt Ceiling Stalemate , Co Working , Asia Business Report , Karishma Vaswani , Janet Yellen , Debt Ceiling , Business Leaders , Global Economies , Emergency Talks , Samira Hussain , Debt Ceiling Crisis , Borrowing Ceiling , Social Security Spending , Political Parties , White House , Social Security , Government Agencies , Thousands Ofjobs , Treasury Bonds , Sameer Hussein Reporting , Bump Up , Stock Price , New York Stock Exchange , Tribeca Investment Partners , Share Price ,

FOXNEWS Outnumbered July 6, 2024



controversial new bill and party line vote which could fundamentally reshape the way public institutions deal with transgender athletes in sports. the protection of women and girls in sports act aims to amend title 9 definition of gender, making the criteria based solely on a person s biological sex at the time of birth. that new definition would effectiv bar transgender women from come beating in ufrnts across america. while it is a win for female athletes, the white house says it will be dead on arrival. if it hits the president s desk, he will sri tow it. at a time transgender youth face a nationwide mental health crisis, a national law that further stigmatizes these children is completely unnecessary. hurts families and students and only puts students at greater risk. the president presented with hr734 said he would veto it. house speaker kevin mccarthy speaking on the bill s passing on the capitol steps moments ago. there s a reason title 9 was created, there s a ....

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FOXNEWS Outnumbered July 6, 2024



in a force americans to space t electric cars. the toughest ever epa emissions proposal began in 2027 and will require carbon dioxide levels from new cars to drop by nearly 50 percent on average. and effectively require a staggering two thirds of all ne car sales to be electric by right now there are only 6 percent. the biden ministrations is the new restrictions will help protect our nations future from the impact of climate change. to despite hesitation by americans to adopt electric vehicles, the white house continues to tout the green agenda staying in a statement that is a car enthusiast supper theme car guy, he has seizing the moment. the epa administrator michael reagan spoke on the new proposa just a few moments ago. the epa is proposing the strongest ever, federally solution technology standards for cars and trucks. together, today s actions will accelerate our ongoing transition to a clean vehicle future. to tackle the climate crisis head on. it improves air ....

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