Germany records no growth in the three months to June

By City & Finance Reporter

Updated: 05:06 EDT, 29 July 2023

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Shannon Sharpe is sensationally leaving his Undisputed show on Fox Sports 1 after seven years, it has emerged.

The New York Post has claimed that Sharpe has agreed a deal with Fox over a buyout on his terms and his last show will be in June after the NBA Finals.

It comes months after a couple of tense disagreements between Sharpe and co-host Skip Bayless – most notably on how the NFL should handle the response to Damar Hamlin‘s cardiac arrest back in January. 

The Post also reported on Wednesday night that Sharpe wanted parity with Bayless in terms of influence over what topics are discussed on the show. But the bombshell news has left some of Sharpe’s colleagues at Fox shocked. 

Chris Broussard, of Fox Sport Radio’s ‘The Odd Couple’, said on his show: ‘I’m stunned by this news of Shannon Sharpe. I think it’s a huge loss. I thought that he and Skip Bayless had at least gotten to a point where they could coexist, but apparently not.’

Bayless tweeted the night of Hamlin’s collapse in early January that the NFL couldn’t postpone the Buffalo Bills game with Bengals due to scheduling, despite significant fears about Hamlin surviving after going into cardiac arrest on the field.

‘No doubt the NFL is considering postponing the rest of this game – but how? This late in the season, a game of this magnitude is crucial to the regular-season outcome … which suddenly seems so irrelevant,’ Bayless wrote. 

Sharpe stayed away from the following day’s episode of Undisputed and when he returned the day after, he was visibly frustrated by Bayless interrupting him while he explained his stance. 

Bayless apologized for the tweet but did not delete it. 

‘Skip tweeted something, and although I disagreed with the tweet, and hopefully Skip will take it down,’ Sharpe said, explaining his absence around the Hamlin incident, before Bayless interjected.

‘Timeout,’ Bayless said Wednesday. ‘I’m not going to take it down, because I stand by what I tweeted.’

Sharpe responded: ‘I can’t even get through a monologue without you interrupting me.

‘I was just gonna say, Skip, I didn’t want, yesterday, to get into a situation where Damar Hamlin was the issue. We should be talking about him, and not get into your tweet.

‘That’s what I was gonna do. But you can’t even let me finish my opening monologue without you interrupting.’

But the following month, Sharpe opened up on how he had repaired his relationship with Bayless.

‘We see things differently, that’s why we work on the show,’ Sharpe said in February on Chris ‘Mad Dog’ Russo’s podcast. ‘I don’t want disagreements to go outside of the lines and I think it did. I think everybody thought it.’

And Sharpe, a former NFL player who won three Super Bowls, praised the impact of the show on his life, saying: ‘More people know me from Undisputed than from the NFL – most people don’t realize I actually played and was a pretty good player!’

The premise of Undisputed is that 54-year-old Sharpe and Bayless, 71, debate the day’s major sports talking points – whether they are in agreement or not.

They also clashed on a personal level back in December when Bayless compared Sharpe retiring at 35 to Tom Brady playing up to 45. 

Sharpe played as a tight end – winning two Super Bowls with Denver Broncos and one other with the Baltimore Ravens – where as Brady was, of course, a quarterback.

‘I did what I did!’ Sharpe responded to Bayless. ‘You make it seem like I was a bum! I’m in the effin’ Hall of Fame. I got three Super Bowls!’

Bayless did not back down, saying: ‘So what? He’s way better than you were.’

It only angered Sharpe further and as he tried to speak Bayless interrupted, leading to the former tight end screaming ‘Time out!’ and throwing his glasses down onto the table.

Sharpe then said: ‘You’re willing to take a personal shot at me, to say he’s better than me, because I say he’s playing bad this year?’

Sharpe’s podcast, Club Shay Shay, is also believed to be following him out of Fox.

Bayless, meanwhile, had not offered any comment on reports on his official Twitter account, where he posts regularly. 

Undisputed is scheduled to continue at 9:30am ET on Thursday – the same day as the NBA Finals begin between Miami Heat and Denver Nuggets.

Treasury Sec. Janet Yellen now says the federal government could run out of money to pay its bills by June 5, pushing back the date of potential default by four days. 

‘Based on the most recent available data, we now estimate that Treasury will have insufficient resources to satisfy the government’s obligations if Congress has not raised or suspended the debt limit by June 5,’ Yellen wrote in a letter to Congress Friday afternoon. 

As White House and House GOP negotiators remain far apart on a deal, this buys them a few extra days to hash out their differences.

Yellen’s previous warnings to Congress said the U.S. ‘could’ run out of funds ‘as soon as’ June 1 – now she says definitively she believes the Treasury’s funds ‘will’ dry up by June 5. 

Yellen laid out how she came to the conclusion: 

‘We will make more than $130 billion of scheduled payments in the first two days of June, including payments to veterans and Social Security and Medicare recipients. These payments will leave the Treasury with an extremely low level of resources.’

‘During the week of June 5, Treasury is scheduled to make an extra $92 billion of payments and transfers, including a regularly scheduled quarterly adjustment in an investment in the Medicare and Social Security funds of roughly $36 billion. Therefore, our projected resources would be inadequate to satisfy all of these obligations.’  

The secretary said the Treasury used an ‘additional extraordinary measure’ that they’ve used in previous debt limit episodes: swapping $2 billion in Treasury securities between the Civil Service Retirement and Disability Fund and the Federal Financing Bank. 

She added that Treasury’s borrowing costs have already increased ‘substantially’ for securities maturing in June and urged Congress to pass an increase ‘as soon as possible.’ 

Right-wing members had sowed doubt that Yellen’s original warning about June 1 – with some suggesting they subpoena the secretary to explain her preduction. 

‘June 5? Yellen said it was June 1 earlier this WEEK. Republicans won’t be intimidated by her manipulation tactics,’ Rep. Andy Biggs, R-Ariz., wrote on Twitter after the news. 

‘I don’t believe the first of the month is the real deadline,’ Rep. Matt Gaetz, R-Fla., told reporters before Yellen’s newest letter. ‘Everyone knows that is false,’ said Rep. Ralph Norman, R-S.C. 

‘Yellen couldn’t see inflation coming like an oncoming train. But she wanders out of some backroom in the White House with a Ouija board … telling us the 1st of the month is the number,’ Rep. Chip Roy, R-Texas, said. 

President Biden is heading out of town for the weekend to Camp David and Delaware with no deal in sight. Speaker Kevin McCarthy and his top negotiators – Rep. Garret Graves, La., and Patrick McHenry, N.C., huddled together at the Capitol again on Friday – though they said the two sides were still far apart. 

‘I don’t know if it’s going to be a day or two or three’ until a deal, McHenry told reporters on Friday. 

‘Each time there’s more progress the issues that remain become more difficult and more challenging.’ 

‘At some point this thing can come together — or go the other way.’ 

There were no sit-down meetings scheduled Friday between the House GOP negotiators and the White House’s deputies – Shalanda Young and Steve Ricchetti.

Graves confirmed he and Young briefly exchanged words at the White House for a celebratory event for the Louisiana State University women’s basketball team. 

‘We did spend some time talking about kind of the parameters and where we are right now,’ he said, adding that they got no closer to a deal. 

In 2011, the country was in a similar crisis under former President Barack Obama who also faced a Republican House opposed to raising the ceiling.

While the ceiling was raised, the threat of default was enough to plunge the U.S. financial markets into turmoil and the country’s rating downgraded from AAA to AA+ as a result.

Bloomberg reports the two sides are closing in on a deal that would increase the debt limit for two years and would cap spending for the same amount of time – and the deal would claw back $10 billion from the $80 billion increase in IRS funding Democrats passed last Congress. 

But a source familiar with the talks told DailyMail.com the two sides have not agreed to a top line and have not agreed on whether to extend borrowing for one or two years. Republicans want only one year, Democrats want to push the extension through the next election. 

The two sides are also going into Friday hung up on defense spending. Republicans wanted a large increase to the defense budget, even as they want to cut spending overall, while Democrats wanted spending cuts. The two sides could come to agreement with a small increase – in line with President Biden’s $886.3 billion budget request. 

US will run out of money by JUNE 1 if Congress doesn’t raise or suspend the debt limit: Biden FINALLY agrees to talks with McCarthy – after Treasury Secretary’s warning there could be a catastrophic default in a MONTH

• Speaker Kevin McCarthy and President Biden are still at an impasse over how to move forward on raising the nation’s $31.4 trillion borrowing limit
• The pair have not met to discuss a plan in three months 

By Morgan Phillips, U.S. Political Reporter For Dailymail.Com

Published: 16:45 EDT, 1 May 2023 | Updated: 18:12 EDT, 1 May 2023