News

Will the Inflation Reduction Act keep Joe Biden in power?

Published

2 years ago

August 17, 2022

Omer Kablan

Alongside going down in history as a $430 billion bill to tackle climate change, the inflation act aims to lower prescription drug prices and lower the inflation rate- which saw a 40 year high earlier this year.

What is the Inflation Reduction Act and will it be enough to keep Joe Biden in power?

The bill will also make sure Medicare can lower drug prices for the elderly and large corporations pay the tax they owe.

And the democrats say that- the way it will take on inflation is through lowering the federal deficit. And even though economists say this is possible- they also maintain their stance that this won’t happen overnight. In fact it will take years.

As for the Republican Party, they’re critical of the bill.

Senate Republican leader Mitch McConnell said

“Democrats robbed Americans last year by spending our economy into record inflation. This year, their solution is to do it a second time. The partisan bill President Biden signed into law today means higher taxes, higher energy bills, and aggressive International Revenue Service audits”.

But this bill is part of a trend of legislative string victories for the Democrats.

And the latest word is that they will now be capitalising on this especially considering that the November midterms are fast approaching and Joe Biden’s approval ratings are poor across the country.

And the best way to that is money and ads.

Reports from within the Democratic part indicate that millions will be spent to pump up President Biden for the election.

And with the Inflation act now passed, climate change groups and Biden supporter bases will target voters in swing states; which are U.S. states where the two major political parties have an equivalent level of support among voters.

The midterm elections will be tough for both parties.

And it doesn’t seem like either has the momentum for now.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

1 day ago

May 17, 2024

Nathan Langridge

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

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

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

News

U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

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