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Government Shutdown on the Loom, Fox News Top Dog Steps Down and Economic Growth Slowing
Anna Eisenberg
September 21, 2023
Anna's Daybreak News
TGIF news aficionados! Join us as we navigate this web of knowledge and decode the world's latest events. 📰🌟
Checkmate: Republican Hardliners Block House Defense Spending Bill
McCarthy's plan to avert a government shutdown was thwarted by two ultraconservatives on Thursday, as tensions continue to mount between House Republicans.
McCarthy's plan to avert a government shutdown was thwarted by two ultraconservatives on Thursday, as tensions continue to mount between House Republicans.
- House Speaker Kevin McCarthy's plan to avert a government shutdown was blocked for the third time in the House.
- Republican leaders regrouped to woo ultraconservatives and debate on the latest stopgap bill.
- The House adjourned until Tuesday, providing a tight deadline with Senate Democrats for potential negotiations.
- In the end, it appears the hardliners have all the leverage - from the looks of it, a shutdown may be inevitable Source: Read More
Kingmaker Rupert Murdoch Ends His Reign Atop FOX Empire!
- Rupert Murdoch, one of the most influential and controversial figures in the media world, is stepping down as chairman of his Fox Corp. and News Corp. empire.
- Murdoch, 92, served as an unabashedly conservative voice with ownership of newspapers in the US, UK and his native Australia.
- He created a television conglomerate that includes US cable news juggernaut Fox News. His reach made him a kingmaker in conservative politics and reshaped the media and entertainment landscape worldwide.
- After seven decades of changing the world with his media prowess, the Murdoch dynasty passes the baton to the next generation. Source: Read More
Unemployment Claims at 8-Month Low, But Economic Growth Slowing - Will the Fed Take Action?
- The number of US weekly jobless claims dropped to 8-month low, but continuing claims remain high.
- Existing home sales slipped 0.7% in August, and median house price increased 3.9% from a year ago.
- The Fed held interest rates steady but stiffened its hawkish stance with further rate increases expected by end of year.
- Despite the persistent labor market tightness, job growth is slowly cooling, while recession fears linger.
- A soft-landing is not the goal of the Fed, but they sure don't want to have a butt-landing either. Source: Read More
Do you think the US will be able to avoid a recession? |
Hundreds of Thousands Of Families & Children Kicked Off Medicaid Due To Bizarre Computer Glitch
Nearly 500,000 children and families were mistakenly dropped from Medicaid due to a computer systems issue that didn't evaluate eligibility on an individual basis but instead disenrolled families as a whole. 30 states were impacted by the issue and had to pause disenrollments in order to ensure all eligible people were not removed by mistake.
Nearly 500,000 children and families were mistakenly dropped from Medicaid due to a computer systems issue that didn't evaluate eligibility on an individual basis but instead disenrolled families as a whole. 30 states were impacted by the issue and had to pause disenrollments in order to ensure all eligible people were not removed by mistake.
- The computer issue, reported by the Centers for Medicare & Medicaid Services, made thousands of people ineligible for Medicaid.
- 30 states suffered from the issue and had to pause disenrollments in order to ensure all eligible people were not removed by mistake.
- The impact of the systems issue varies widely between states, though it is unclear how long the process will take.
- It's yet another example of the state of American healthcare, where children and families are collateral damage without proper access to healthcare. ¯\_(ツ)_/¯ Source : Read More
Baked with love,
Anna Eisenberg ❤️
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