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Podcast: The Schaftlein Report
Episode: Schaftlein Report | Budget Battles Continue in D.C.
Description: 1) Some Republicans say NO to huge spending bill and push for short term resolution. 1A) $45B added to military budget for 2023 to $847B 2) House committee obtains 6 years of Trump tax returns 3) Biden student loan deferral scheme cost taxpayers $5B per month. A 3 judge Federal Appeals Court unanimously reject Biden's plan. 4) Federal Reserve Chairman Powell says rate increases will slow to 50 basis points in the December meeting. 4A) Personal Consumption Expenditure (PCE) Index declined to 6% in October from 6.3% in September. 4B) Core CPA which excludes food and energy...