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New York stock market opens lower as US Treasury yields surge and budget uncertainty weighs, with major indices declining amid investor concerns over fiscal negotiations and recent market rallies.
#YonhapInfomax #NewYorkStockMarket #TreasuryYields #BudgetNegotiations #MarketDecline #InvestorSentiment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64238

Governor Ron DeSantis pushes back against the Florida Republican Party's summit proposal to reconcile tax cut disputes between House and Senate leaders. He insists that legislative leaders should focus on their responsibilities rather than holding discussions. DeSantis champions his record of reducing state debt and prioritizing property tax cuts, while GOP Chairman Evan Power advocates for collaboration to tackle fiscal issues. For more, read the full article here: https://www.alternet.org/florida-gop-infighting/ #FloridaPolitics, #RonDeSantis, #TaxCuts, #BudgetNegotiations, #RepublicanParty

A Speaker's "blood oath" to party factions? Mike Johnson faces tough choices in a pivotal budget battle. He promised the House Freedom Caucus support for major spending cuts to secure a narrow win for legislation. Rep. Ralph Norman emphasized linking deficit increases to fiscal responsibility, vital for Johnson’s leadership after McCarthy's controversial exit. Curious about the consequences? Read more here: https://www.alternet.org/johnson-gop-blood-oath/ #MikeJohnson #HouseSpeaker #BudgetNegotiations #GOP #FiscalResponsibility

People Power Party floor leader Kwon Sung-dong urges opposition to prioritize urgent budget items in first phase of supplementary budget, criticizes Democratic Party's obstruction of government's 10 trillion won plan
#YonhapInfomax #SupplementaryBudget #KwonSungDong #DemocraticParty #BudgetNegotiations #GovernmentSpending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56481

#BudgetNegotiations #SafetyNet

"The split screen could be stark, at least on paper. House committees will be asked to cut at least $2 trillion in spending from safety-net programs, while Senate committees might be directed to find a minimum of a few billion dollars in savings. It’s possible to write a final package that can bridge the difference, but it’s likely to be politically tricky — requiring trust between GOP lawmakers in the two chambers after months of cross-Capitol competition, along with substantial pressure from Trump."

https://www.politico.com/news/2025/03/30/gop-budget-house-vs-senate-00258076

Ruling party announces plans to initiate supplementary budget talks with opposition and government in upcoming tripartite working group meetings
#YonhapInfomax #SupplementaryBudget #TripartiteWorkingGroup #RulingParty #BudgetNegotiations #GovernmentSpending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54198

KOSPI closes 1.28% lower at 2,537.60 amid US market plunge and budget negotiation concerns, with key stocks in shipbuilding sector facing significant declines.
#YonhapInfomax #KOSPI #USStockMarket #BudgetNegotiations #RiskAversion #ShipbuildingStocks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53740

Bush Institute warns GOP that ending critical HIV program could cost millions of lives. The GOP has been using the revolutionary program as a bargaining chip in budget negotiations, claiming it really just promotes abortion and LGBTQ+ rights.

https://www.lgbtqnation.com/2023/10/bush-institute-warns-gop-that-ending-critical-hiv-program-could-cost-millions-of-lives/

#BushInstitute #GOPHIVprogram #MillionsOfLives #BudgetNegotiations #AbortionRights #LGBTQRights #Politics #News

Senate grabs wheel from House in bid to avoid shutdown

https://thehill.com/homenews/senate/4224642-senate-grabs-wheel-from-house-in-bid-to-avoid-shutdown/

#SenateShutdown #HouseSenate #AvoidShutdown #BudgetNegotiations #GovernmentFunding #PoliticalGridlock #Politics #News

White House seizes on Gaetz ‘hostage’ remark on debt ceiling

https://thehill.com/homenews/administration/4019191-white-house-seizes-on-gaetz-hostage-remark-on-debt-ceiling/

#TheHillNews #WhiteHouseDebtCeiling #GaetzHostageRemark #USNationalDebt #BudgetNegotiations #CongressionalPolitics #Politics #News

The GQP seems to have forgotten their history: “Faced in 1861 with funding the Civil War, members of the Republican Party invented the U.S. income tax and graduated it to make sure that ‘the burdens will be more equalized on all classes of the community, more especially on those who are able to bear them,’ as Senator William Pitt Fessenden (R-ME) put it.”

#History #Politics #Taxes #Economics #DebtCeiling #BudgetNegotiations #LettersFromAnAmerican