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Joe Biden and Kevin McCarthy urged to negotiate on debt

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McCarthy introduced a plan last week, which would raise the debt ceiling by over $1 trillion, but also return federal spending to 2022 levels

A U.S. Senator has urged President Biden and Speaker Kevin McCarthy to negotiate on the budget, and not hold American mortgages hostage.

Amy Klobuchar says the two men need to come together to avoid a debt default by June.

McCarthy introduced a plan last week, which would raise the debt ceiling by over $1 trillion, but also return federal spending to 2022 levels.

Klobuchar argues a debate on the proposal should be had.

“That is the place to negotiate and they should start those negotiations now, not using the American people and their mortgages as hostage because right now, we’ve got to simply make clear we’re gonna avoid default and get this behind us,” Klobuchar told CNN’s Dana Bash on ‘State of the Union.’

“So my proposal is debate this step. That is a place to debate this,” she added. “Don’t let it default.”

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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