The Sunday political talk shows painted a dim picture of the ongoing budget discussions between Congress and the administration. Appearing on one of them, Senate Appropriations Committee Chairman Richard Shelby (R-Alabama) said that the negotiations on the border issue were running into snags over several issues, including the following:
Building a wall and how much will be appropriated for border security (now somewhere between $1.2 and $5.7 billion) Limiting the number of detention beds used by the Immigration and Customs Enforcement (ICE) to a maximum 16,500, including those arrested for crimes other than illegal immigration status
Shelby said he was “not confident” about making progress. House Budget Committee Chairma...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
