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Trappin Tuesday's

DEVASTATING US BUDGET CUTS ? | Wallstreet Trapper (Trappin Tuesday's)

Trappin Tuesday's

Wallstreet Looks Like Us Now Network

Business, Wallstreet Trapper, Investing, Entrepreneurship

4.92K Ratings

🗓️ 6 June 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

DEVASTATING US BUDGET CUTS ? | Wallstreet Trapper (Trappin Tuesday's) Join our Exclusive Patreon!!! Creating Financial Empowerment for those who've never had it. https://www.patreon.com/Wallstreetlookslikeusnow STOCK MARKET BABIES | Wallstreet Trapper (Episode 45) Trappin Tuesday's Original Video: https://youtube.com/live/tP0OnOdVh2M From the streets to the stock market. Every Tuesday we bring financial empowerment to those who feel like they don't have the power. We are Trailblazing ou...

Transcript

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0:00.0

And then.

0:01.0

The All right, so here we go, man. Let's look at this deal. All right, so the agreement is in principle.

0:22.0

Republicans brief Saturday. So the agreement is in principle.

0:23.0

Republicans briefed Saturday, Sunday, the Democrats was briefed.

0:28.5

Tuesday the House Rules Committee,

0:31.1

at least 12 Republican memos will oppose, which was today.

0:36.0

Wednesday, the House is expected to vote, and after that, the Senate is expected to take action on the bill.

0:44.2

Let's put that in their face all day

0:45.9

so they can see it, let it cover the screen,

0:48.5

because we need y'all to see this,

0:50.0

how this is going down.

0:53.5

And let's break the bill down right quick, man.

0:56.6

Alright, so here's the budget.

0:59.2

The budget was trash.

1:00.9

The debt ceiling deal, the debt ceiling is rumored to be raised by a specific amount.

1:06.0

Now we got it.

1:07.0

Instead, the debt ceiling will not be capped till 2025.

1:11.0

Here's some adjustments they made. The adjustment they made was this.

1:17.7

The new bill will increase the deficit by four trillion dollars up to 35 trillion but watch this they're going to suspend

1:30.0

the spending to 2025.

1:33.0

To spend the cap.

1:37.0

So they made some adjustments later today.

...

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