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

By NTD Television
NTD Television
NTD Television
August 12, 2020Updated: August 13, 2020

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.

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