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Shamita Basu

๐Ÿ‘ค Speaker
1496 total appearances

Appearances Over Time

Podcast Appearances

Apple News Today
How senators finally came to a deal that could end the shutdown

Also among the backers was Senator Tim Kaine, whose state has thousands of federal workers.

Apple News Today
How senators finally came to a deal that could end the shutdown

But the agreement leaves some Democrats wondering if the drawn-out standoff was worth it.

Apple News Today
How senators finally came to a deal that could end the shutdown

On the one hand, polls consistently suggested the public held Republicans more responsible for the impasse.

Apple News Today
How senators finally came to a deal that could end the shutdown

But others were prepared to double down on health care subsidies, like Senator Elizabeth Warren, who was critical of those who crossed party lines.

Apple News Today
How senators finally came to a deal that could end the shutdown

On CNN, political scientist Larry Sabato said parts of the party's base would be infuriated by Sunday's events.

Apple News Today
How senators finally came to a deal that could end the shutdown

In the days ahead, any one senator could still derail the agreement.

Apple News Today
How senators finally came to a deal that could end the shutdown

But Majority Leader Thune said he hoped to pass it early this week.

Apple News Today
How senators finally came to a deal that could end the shutdown

In an uncertain economic period, Wall Street's strength has been driven by a handful of tech companies who are putting a lot of money into expanding their AI efforts.

Apple News Today
How senators finally came to a deal that could end the shutdown

On Friday, Meta announced plans to invest $600 billion in AI infrastructure to serve its growing computing needs.

Apple News Today
How senators finally came to a deal that could end the shutdown

And on the same day, Bloomberg reported that OpenAI had asked the government to expand tax credit support for data centers.

Apple News Today
How senators finally came to a deal that could end the shutdown

But beyond the rise and fall of stock portfolios, The Wall Street Journal reports that this physical infrastructure is already reshaping American communities.

Apple News Today
How senators finally came to a deal that could end the shutdown

Journal reporter David Uberti told us that much of the funding is going to unexpected corners of the country, with the land, water and power required to host large quantities of information processing equipment.

Apple News Today
How senators finally came to a deal that could end the shutdown

Huberti spent time in Umatilla, Oregon, and saw firsthand how a traditional farming community had been transformed over the last five to 10 years by Amazon's buildout.

Apple News Today
How senators finally came to a deal that could end the shutdown

The town used to be known for a chemical weapons depot that was nearby and a state prison on the city's outskirts.

Apple News Today
How senators finally came to a deal that could end the shutdown

Now it's seeing a boom in AI building.

Apple News Today
How senators finally came to a deal that could end the shutdown

Companies that invest in places like Umatilla are offered significant tax breaks.

Apple News Today
How senators finally came to a deal that could end the shutdown

And the money coming in also impacts people in unaffiliated industries, like a young woman who Uberti spoke with that went from working 12-hour shifts at a distribution center to becoming an in-demand realtor in the area.

Apple News Today
How senators finally came to a deal that could end the shutdown

She told Uberti it's been a blessing to her family that people want to come to Umatilla now.

Apple News Today
How senators finally came to a deal that could end the shutdown

But at the same time, the surge in growth has also meant that the cost of housing and childcare are rising beyond reach for many blue-collar workers.

Apple News Today
How senators finally came to a deal that could end the shutdown

Uberti said that there are some who worry if this is an injection of short-term prosperity or the building blocks of something more.