Morning Wire Tuesday | July 20, 2021
Jul 20, 2021
The discussion kicks off with allegations against China for a massive cyber-attack, raising questions about U.S.-China relations. The Biden Administration faces challenges over government-funded abortion amid shifting political landscapes. Inflation rates are surging, impacting American families and consumer behavior. The podcast delves into legislative battles surrounding the Hyde Amendment and examines the economic implications of recent price hikes. Key updates also include political turmoil in Haiti and strategic moves by Texas Democrats.
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Cyberattack Attribution
- The Biden administration publicly blamed Chinese government-linked hackers for the Microsoft Exchange cyberattack.
- This attack affected many organizations globally, but there have been no sanctions imposed on China yet.
Hyde and Weldon Amendments
- Democrats aim to remove the Hyde Amendment, which prevents federal funding for abortions, and the Weldon Amendment, which protects pro-life groups.
- Republicans oppose this, citing taxpayer concerns and the conscience rights of those against abortion.
Inflation Surge
- US inflation is at its highest since the Great Recession, with used car prices up 45% and food prices rising rapidly.
- Causes include COVID relief spending, low interest rates, and supply chain problems; the duration of high inflation is uncertain.