The Schaftlein Report | Budgets, Border and Crypto Blow Up

The Schaftlein Report | Budgets, Border and Crypto Blow Up

1) Senate budget negotiators on verge of reaching massive spending deal to fund government through 2023.

1A) Efforts to freeze spending levels at this year levels blocked by Democrats and $16B in earmarks are included in the bill

2) McConnell pounds Trump as main cause of poor GOP performance in mid terms with advancing "lesser candidate quality"

2A) Support for Trump plummets among Republicans

3) Sam Bankman Fried denied bail. Among charges he faces is making illegal campaign contributions circumventing laws

4) As border continues be wide open, calls for DHS Secretary Mayorkis to resign increase.

4A) CA Gov. Newsome warns Democrats to address the issue saying inaction is not a strategy

5) 7th Federal Reserve rate hike today will bring the Fed funds rate to a range of 4.125 to 4.25%. This is the highest fed funds rate in 15 years.

5A) Inflation is costing the average American family about $400 extra per month.

6) U.S. is finalizing plans to send Patriot Missile defense systems to Ukraine.

7) Amid a crime wave in Seattle, the city counsel has voted to cut the police budget - Yes that makes sense??? Only in a liberal bastion

8) In Cancel Culture, the city of Detroit will remove the name Dr. Ben Carson from a high school. Why - Because he is associated with Trump.

9) When Republicans take control of congress, the investigations on Biden corruption will focus on the money trail from Hunter to Joe. Stay tuned!