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Is the U.S. debt deal bad fiscal policy?

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While President Joe Biden and Republican leadership came to an agreement on the debt limit—some lawmakers say the fiscal policy is a bad deal and does not rein in spending.

 
The executive branch and Congress tried to strike a deal about the debt limit as the country marched closer to defaulting.

The Treasury has been warning that the government could run out of money sometime in the beginning of June and would likely default on some bills if Congress does not raise the debt ceiling.

Democrats have insisted on raising the debt limit without preconditions.

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.

While President Biden and Republican leadership came to an agreement on the debt limit—many lawmakers say the fiscal policy is a bad deal and does not rein in spending.

New Jersey Congressman Jeff Van Drew, a Republican from New Jersey voted against the bill and joined us to discuss. #USpolitics #washingtondc #politics #debtlimit #debtdeal #veronicadudo #jeffvandrew #newjersey #congress

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TikTok’s fate in the United States

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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

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The ongoing alcohol related research many ignore

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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.

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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