News

Debt ceiling dispute heats up

Published

1 year ago

May 3, 2023

U.S. Treasury warns government will likely default on some bills as early as June

U.S. lawmakers are staring down a June 1 deadline of potentially defaulting on bills if Congress does not act to address the debt limit before then.

Congressional leaders are being summoned to the White House to try and come to an agreement over the debt ceiling dispute.

The move comes after the Treasury warned that the government would be likely to default on some bills as early as June if Congress does not raise the debt ceiling.

The Biden administration called on Congress to suspend the debt limit.

But Republicans say President Joe Biden and the Democrats are playing Russian roulette with America’s economy after a two-year spending binge that brought 40-year high inflation and pushed the nation’s debt to over $31 trillion.

Next week leaders from both parties of the House and Senate will meet at the White House for sit-down discussions.

Related Topics:Featured Politics trending world

Up Next

FIFA threatening Women’s World Cup broadcast blackout in Europe

Don't Miss

Hollywood braces for shutdown

Veronica Dudo

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

News

Cinema recycling films in lieu of fresh content?

Published

13 hours ago

May 3, 2024

ticker NEWS

In an industry constantly looking towards the future, anniversary re-releases offer a welcome opportunity to celebrate the past.

In an era of nostalgia, anniversary re-releases of classic films like “Star Wars Episode 1: The Phantom Menace,” “Spider-Man 2,” and “Shrek 2” are captivating audiences anew.

From the thrill of podracing to the iconic battles between heroes and villains, these films offer a chance to relive cherished moments on the big screen.

Tobey Maguire’s Spider-Man swings back into action, Shrek and his crew return for another hilarious adventure, and the galaxy far, far away beckons once more.

As fans of all ages flock to theaters, these timeless classics remind us why great storytelling endures, bridging generations and captivating audiences with their magic.

News

TikTok’s fate in the United States

Published

23 hours ago

May 3, 2024

ticker NEWS

TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

News

The ongoing alcohol related research many ignore

Published

2 days ago

May 2, 2024

Mike Loder

New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.