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U.S. President Joe Biden unveils 2024 budget

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1 year ago

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The President highlighted his plan as the economy continues to suffer with high inflation

U.S. President Joe Biden released his 2024 budget.

The President laid out his policy positions in his new proposed budget on Thursday in Philadelphia.

The President highlighted his plan as the economy continues to suffer with high inflation.

Biden’s budget has been released after the U.S. hit the debt ceiling earlier this year.

The debt ceiling is a cap set by Congress in Washington DC.

Currently, the U.S. Treasury Department is taking extraordinary measures in order for the government to continue to pay its bills.

Some of the key takeaways from Biden’s budget include placing a minimum tax on billionaires, increasing the corporate tax rate, restoring the enhanced child tax credit, increasing food security, and spending billions more on military defence and support for Ukraine.

President Biden’s budget does not has a chance of successfully being passed in the Republican-led majority in the U.S. House of Representatives

Meanwhile, the GOP is preparing to release their 2024 budget in the coming days which will surely set-up the framework for political battles on Capitol Hill.

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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.

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Why Australia is becoming the new home of the Hollywood blockbuster

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2 days ago

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May 17, 2024

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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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2 days ago

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May 17, 2024

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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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2 days ago

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May 17, 2024

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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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