The Congressional Budget Office is out with an Estimated Budgetary Effects of Title VI, Committee on the Judiciary, H.R. 5376, the Build Back Better Act. CBO estimates that enacting this title would result in a net increase in the unified deficit totaling $115.1 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $147.2 billion and an increase in revenues of $32.1 billion. Some of those budgetary effects are associated with … Continue reading “CBO Estimates Build Back Better Act To Increase Unified Deficit By $115.1 billion”
Boeing corp stock fell a further 25% after downgrades from S&P and Firch as the Coronavirus paralysed air travel. $BA had untill last month largely dodged a bullet with it’s Boeing 737 Max fallout.
Boeing stock largely has dodged a bullet many argue with it’s Boeing 737 Max fallout. The rationale is there is basically just Boeing and Airbus making bulk planes, Meanwile the FAA testifies on it’s review of the $BA jets and it’s status