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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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Trump trial: will the jury selection impact the trial’s outcome?

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The Trump hush money trial has progressed with the selection of the first seven jurors, marking a significant step in the legal proceedings.

  • Seven jurors were selected

  • Defense and prosecution lawyers questioned potential jurors for impartiality

  • The judge warned lawyers he would not tolerate disruptions after he said Former US President Donald Trump audibly muttered during a prospective juror’s questioning

The selection of jurors is a crucial step in ensuring a fair trial, as they will ultimately decide Formers US President Donald Trump’s fate in this legal battle, as reported by Reuters.

The process of jury selection involves careful vetting of potential jurors to ensure impartiality and fairness.

Each juror’s background, beliefs, and potential biases are scrutinised to ensure they can render an impartial verdict based solely on the evidence presented in court.

With seven jurors already chosen, the selection process is expected to continue as both the prosecution and defence seek individuals who can objectively weigh the evidence.

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How a ransomware attack would disrupt the food supply chain

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Massive financial gains continue to be one of the top motivating factors behind cyberattacks.

The Information Technology – Information Sharing and Analysis Center (IT-ISAC) has been tracking ransomware incidents and trends since 2021.

Despite government and law enforcement efforts to take down malicious infrastructure, new ransomware strains continue to emerge.

The company just released its analysis of the 2023 ransomware landscape report and insights for 2024.

Jonathan Braley, Director of the Food and Ag-ISAC joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #ransomware #ransomwareattacks #foodsupplychain

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Curious times for AI & investing as stark reality becomes clear

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Both private funding for startups and corporate mergers and acquisitions within the sector have decreased, reflecting a shift in investor sentiment.

While some AI ventures continue to attract significant investments, experts attribute the overall downturn to challenges in scaling AI technologies and a more cautious investment climate.

Generative AI stands out as a bright spot, experiencing exponential growth in funding despite lingering skepticism among corporate executives.

Amidst this market correction, some view the shift as necessary for a more sustainable investment landscape, predicting stable growth in the coming years.

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