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"What The F Are We Doing?" David Friedberg On BBB’s Deficit Increase & Trump vs. Elon
All-In Podcast· 2025-07-07 15:01
What are your thoughts, Freeberg, on the kurfluffle, the Donny Brookke, the bruhaha between Elon and President Trump? There's a lot of people that are making accurate declarations that federal spending needs to be reduced, the deficit needs to be shrunk, we are in a debt death spiral, and they are absolutely correct. So, I don't think that Elon is off the reservation when he makes those comments and he's talked about this continuously and he dedicated months of his life to operating Doge and trying to bring ...
X @Elon Musk
Elon Musk· 2025-07-06 23:29
The America Party is needed to fight the Republican/Democrat UnipartyThe Rabbit Hole (@TheRabbitHole84):Debt has consistently risen regardless of which party is in power https://t.co/XXoCw4BcxE ...
X @Tesla Owners Silicon Valley
Defense Budget & National Debt - The defense budget is approximately $1 trillion [1] - Interest on national debt exceeds the $1 trillion defense budget [1] - The current situation with defense spending and national debt interest is unsustainable [1]
X @The Economist
The Economist· 2025-07-06 15:00
We shouldn’t be passing any legislation that makes the debt worse,” says @mayamacguineas. “We should be passing legislation that reduces the debt, doesn’t add a penny, let alone $5.5trn.” The new tax bill, on “Checks and Balancehttps://t.co/oyq4ZChc8y ...
X @Bloomberg
Bloomberg· 2025-07-04 07:06
Hong Kong builder Parkview is considering selling artwork worth over $25.5 million to pay down debt and help secure a refinancing deal linked to one of Beijing’s most iconic complexes, according to people familiar with the matter https://t.co/uYvrWmM4f0 ...
'The pain that is about to come': The reality of Trump's megabill takes hold
MSNBC· 2025-07-04 04:35
Government Spending & Policy - The US Congress passed a multi-trillion dollar spending bill that includes tax cuts, increased military spending, and funding for mass deportations, offset by cuts to food aid, clean energy, and Medicaid [1] - The bill is projected to add $33 trillion to the national debt [1] - A Democratic Super PAC poll indicated that nearly 50% of Americans were unfamiliar with the legislation [1] Healthcare & Social Safety Nets - The bill includes steep cuts to Medicaid and SNAP, potentially leading to millions of Americans losing access to coverage [1] - Republicans argue that Medicaid is in need of reform [1] - Some cuts in the bill will take effect after the midterms [2] - Rural hospitals are already facing tough decisions, including layoffs and service cuts, due to uncertainty about Medicaid funding [2] Political Landscape - The bill passed largely on party lines, demonstrating President Trump's dominance within the Republican party [1] - Some Republicans expressed concerns about the Medicaid cuts and the increase in the national debt [1] - Democrats are attacking the bill's overhaul of social safety net programs [1] - A Fox News poll indicated that 59% of people don't like the bill [2]
X @Bloomberg
Bloomberg· 2025-07-03 16:17
Commodity trading giant Glencore has a clause in its supply agreement with Prax Lindsey Oil Refinery enabling it to take control of its facility in northern England if the debt it’s owed isn’t repaid https://t.co/RxGJqftysd ...
X @Bloomberg
Bloomberg· 2025-07-03 14:54
Colombia is seeking to borrow as much as $10 billion in Swiss francs to fund the repurchase of more expensive liabilities in a bid to rein in the nation’s burgeoning debt service costs https://t.co/daXpd00VDU ...
X @Bloomberg
Bloomberg· 2025-07-03 14:36
Private US companies are running out of room to manage their growing debt loads, potentially posing trouble for their direct lenders, according to one distressed-debt firm https://t.co/Va1bXWW0zL ...
The Beat With Ari Melber - July 2 | Audio Only
MSNBC· 2025-07-03 00:34
US Politics and Legislation - House Republicans are facing challenges in passing the Trump budget deal, which involves debt increases and healthcare cuts [1][2] - Democrats are highlighting flaws and moral issues within the bill, hoping for a change of heart in the House [5] - The bill is considered unpopular across party lines, with potential negative impacts on healthcare, veterans, and rural hospitals [6][13][17][19] - The bill is fiscally irresponsible, adding $3.3 trillion to the debt and potentially leading to inflation and increased costs for Americans [26][27] - Republicans may face political consequences due to healthcare cuts and other unpopular aspects of the legislation [13][14] Corporate Influence and Ethics - Paramount (CBS's parent company) paid $16 million to Donald Trump, allegedly to expedite a merger approval, raising concerns about bribery and quid pro quo [32][33][36][37] - Amazon previously paid Melania Trump $41 million for a documentary, a sum considered far above market value, adding to suspicions of improper influence [37][40] - There is a pattern of companies making payments to Trump or his interests, potentially to avoid government trouble [35][39] Social and Economic Issues - Medicaid cuts could put 300,000 people at risk of losing coverage and potentially close 300 hospitals across the country [17] - Affordability and cost of living are key issues for voters, as demonstrated by a New York City mayoral race focused on these concerns [48][49][50][52] - California is rolling back some green reforms to address the housing crisis and prioritize affordability for working and younger people [85][87][89] Legal and Social Justice - Sean Diddy Combs was found not guilty of sex trafficking but guilty of lesser crimes, leading to mixed reactions and discussions about the justice system [56][57] - The verdict in the Diddy case has sparked debate within the hip hop community, with concerns about the protection of women and trust in the legal system [67][68][80] - There are concerns about potential biases in the legal system, including racism and the treatment of Black men accused of sex crimes, as well as the protection of Black women as victims [74][75][76]