CBO Fact vs Fiction; A New Middle East 6/16/25
Squawk Pod
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Conflict, Economy, and Leadership Changes
This chapter explores the Congressional Budget Office's warning about a potential $2 trillion deficit from proposed tax cuts and investments, while examining the escalating conflict between Israel and Iran, including recent military actions. It also highlights updates from the G7 summit and discusses significant corporate developments like Anne Wojcicki's acquisition of 23andMe as a nonprofit. The chapter underscores the complex geopolitical landscape and the implications of these events for regional stability and legislative progress.
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