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KRON KRON 4 News At 12Noon July 28, 2022

Thanks for joining us here on kron. 4 news at noon. Im ella sogomonian. Our top story this afternoon. The United States gdp shrank for a 2nd quarter in a row. Thats one key indicator that experts look to when evaluating if our country is in a recession. To be clear, were not in a recession just yet. Markets turned upward this morning after a shaky start in response to the news, President Biden spoke today to try and calm recession concerns. The Biden Administration says the new reconciliation bill that was passed just yesterday will help keep the economy afloat. Its a bill that cost will cut your cost of living and reduce inflation for and it lowers the deficit. It strengthens our economy for all of them and the long run as well. The reconciliation package yesterday will also help ease inflationary pressures loweri ....

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