Curated Video
Jolted to action by deficit-conscious newcomers, the Republican-controlled House passed sweeping legislation early Saturday to cut $61 billion from hundreds of federal programs and shelter coal companies, oil refiners and farmers from new government regulations. (Feb. 19)
HEADLINE: House passes sweeping cuts to domestic programs
CAPTION: Jolted to action by deficit-conscious newcomers, the Republican-controlled House passed sweeping legislation early Saturday to cut $61 billion from hundreds of federal...
Bloomberg
India Shouldn't Raise Taxes Now, Observatory Group Says
Jan.31 -- Ananth Narayan, senior Indian analyst at the Observatory Group and associate professor of Finance at the S.P. Jain Institute of Management and Research, previews the budget that is scheduled to be announce later Monday. Finance...
Curated Video
Rep. James Lankford, R-Oklahoma, says Republicans will not vote to raise the nation's borrowing limit, now at $14.3 trillion, in the coming weeks unless the measure also includes steps to cut government spending. (April 30)
HEADLINE (48 characters): GOP Address: Energy Costs, National debt
CAPTION: (255 characters): Rep. James Lankford, R-Oklahoma, says Republicans will not vote to raise the nation's borrowing limit, now at $14.3 trillion, in the coming...
Curated Video
U.S. States Seek To Ease Inflation Burden With Stimulus Payments
With gas, groceries and many other necessities costing consumers more, some states are considering using leftover federal funds to help.
Curated Video
Jordan PM promises cuts in government spending, tax review
Jordan's new prime minister says his government will cut spending by 150 million dinars (211 million US dollars) this year to show that raising taxes isn't the only available response to rising public debt.
Omar Razzaz...
Curated Video
Senate Sends President Biden Bill Averting Federal Shutdown
With government spending authority expiring Saturday, the bill cleared a procedural hurdle by a bipartisan 65-30 vote.
Bloomberg
ING: Philippine Growth Likely To Be Sustained In 2022
ING Bank Senior Economist Nicholas Mapa believes GDP growth in the Philippines will likely be sustained in 2022. He was speaking with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia."
Curated Video
Exchange rate hearing on Capitol Hill
1. Wide of committee hearing room
2. Mid view of committee hearing room
3. SOUNDBITE: (English) Sandler Levin, chairman, Ways and Means Committee:
"Recent reports suggest that the government of China may be mounting an even more...
Curated Video
In the Saturday Republican radio address, House Budget Committee Chairman Paul Ryan, R-Wis., warns of a coming crisis. "Unless we act soon, government spending on health and retirement programs will crowd out spending on everything else, including national security." (April 9)
GOP Address: Spending crisis still looms
In the Saturday Republican radio address, House Budget Committee Chairman Paul Ryan, R-Wis., warns of a coming crisis. "Unless we act soon, government spending on health and retirement programs...
Curated Video
Obama and Boehner trade blows on debt crisis impasse
1. US President Barack Obama walking to podium
2. SOUNDBITE (English) Barack Obama, US President:
"Would you rather reduce deficits and interest rates by raising revenue from those that are not now paying their fair share? Or would you...
Curated Video
One month on, areas hit by Superstorm Sandy remain uninhabitable
Seaside Heights, New Jersey
1. Wide of sand and debris by shops at Seaside Heights
2. Wide of boardwalk at Seaside Heights
3. Wide of destroyed roller coaster
4. Close of destroyed roller coaster
5. Mid of broken boardwalk
6. Wide of...
Bloomberg
Australia GDP: Is the Growth Sustainable?
Sept. 7 -- George Boubouras, chief investment officer at Contango Asset Management, discusses the timing of the next Fed rate hike, Australia's GDP and the outlook for the Bank of Japan. He speaks to Yousef Gamal El-Din and Angie Lau on...
Curated Video
Greeks react to Eurogroup meeting
Greece will avoid a default this summer after international creditors reached a milestone decision early Wednesday to unfreeze a batch of bailout loans and to find a way to ease the country's debt load.Finance ministers from the 19...
Curated Video
President Barack Obama and his chief GOP foe have taken to the airwaves with rival deficit plans, with a week to go before an unprecedented default and no break in sight to the congressional logjam.
HEADLINE Obama, Boehner in prime-time debt duel
CAPTION: President Barack Obama and his chief GOP foe have taken to the airwaves with rival deficit plans, with a week to go before an unprecedented default and no break in sight to the...
Bloomberg
Rep. Black Says Bigger Paychecks Could Arrive by February
Dec.14 -- Representative Diane Black, chair of the House Budget Committee and a Republican from Tennessee, discusses the debate over the pending U.S. tax overhaul and concerns over the deficit and government spending. She speaks on...
Curated Video
Yellen Expects Gradual Interest Rate Hikes
Federal Reserve Chair Janet Yellen said Tuesday that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the dangers of waiting too long to tighten credit.Testifying to...
Curated Video
US: Yellen expects gradual interest rate hikes
Federal Reserve Chair Janet Yellen said Tuesday that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the dangers of waiting too long to tighten credit.Testifying to...
Curated Video
US-China trade friction impacting economic growth
China's 2018 economic growth fell to a three-decade low, adding to pressure on Beijing to settle a tariff war with Washington.
Bloomberg
Apollo Management: Infrastructure Deal Will Boost GDP Growth
Jul.29 -- Torsten Slok, Chief Economist for Apollo Management says the infrastructure deal will boost GDP growth in the U.S. He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia".
Bloomberg
RBNZ Sees 'Dramatic' Slowing in House-Price Growth
May.27 -- Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the state of the economy. The central bank this week projected that its official cash rate may start to rise in the second half of next year. Orr...
Curated Video
6 days away from government default, House Republicans appeared to be coalescing around a work-in-progress plan by House Speaker John Boehner. Senate Democrats are dismissing the proposal, and it''s gotten a thumbs-down from tea party activists, too.
HEADLINE: USTV: GOP retools debt plan, Dems ponder fallback plan
CAPTION: 6 days away from government default, House Republicans appeared to be coalescing around a work-in-progress plan by House Speaker John Boehner. Senate Democrats are...
Curated Video
WRAP Bernanke says recession could end in 2009, moderate rebound on Wall St
Washington D.C
1. Wide shot Federal Reserve Chairman Ben Bernanke greets Senators Dodd and Shelby ++MUTE++
2. Cutaway Bernanke ++MUTE++
3. SOUNDBITE (English) Ben Bernanke, Federal Reserve Chairman:
"As you are aware, the US economy is...