NTD Business (Aug. 12): Record High US Budget Deficit

NTD Newsroom
By NTD Newsroom
August 12, 2020NTD Business
share

The Treasury Department says the U.S. budget deficit in the first 10 months of this budget year has hit a record high.

The White House and Democrats say they’re still miles apart on a new stimulus package. We see how the president’s executive orders have changed things.

Uber’s CEO says the company might stop services in California—at least for a while. That’s if the state doesn’t reverse a ruling forcing ride-hailing companies to treat drivers as employees.

And the president of Taiwan says she wants closer economic relations with the United States. We talk to a policy analyst to see whether that might happen and how soon.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments