Economists Warn Recession Inevitable & Author Says America at a 'Tipping Point'

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CBN NewsThe 700 ClubPrayerDonate The Christian Perspective October 20, 2022   7:00 AM EST Top economists this week say it's certain the United States will face a recession in the next year. It's a blow to President Joe Biden, who's making moves to lower gas prices right before the midterm elections.  Here's what you need to know. WE'RE ALSO WATCHING  The Kremlin imposed martial law in four Russian-annexed regions of Ukraine, as President Vladimir Putin expands restrictions inside Russia. Meanwhile, drone and missile attacks continue around Kyiv.   The IRS is raising the standard deduction on tax returns next year and will also raise the income threshold in all tax brackets to ease the burden of inflation on households. TRENDING ON THE WEB 1. The tomb of St. Nicholas, the original "Santa Claus," has been discovered in Turkey, the Daily Mail reports.   2. "Gender-affirming" mastectomies in children spiked nearly 400 percent in three years. It's part of what is prompting state lawmakers to look into the practice.   3.  Should Christians totally avoid Halloween?  For many kids, it's their favorite day of the year, but pastors and parents are seeking to find the right balance. TODAY'S TOP VIDEOS 1.  Christian Singer/songwriter Tasha Layton had a major hit last year with her song, "Look What You've Done." She talks about her success and what is behind it on Studio 5.   2.  China has abandoned its one-child policy, but families are often still forced to abort baby girls. Women's Rights Without Frontiers is saving girls there, one baby at a time.     3.  The CEO of the retail giant Hobby Lobby started by selling picture frames from his garage. Now he inspires a new generation of business leaders and entrepreneur CBN EXCLUSIVES  Author and radio talk show host Eric Metaxas warns that America is approaching a dangerous cultural tipping point, evoking parallels with the rise of Nazi Germany before World War II. Find out why he says it's not too late to reverse course. Pat Robertson teaches on a weighty topic in today's culture: marriage and sex.  What does the Bible have to say? DAILY REFLECTION    2 Thessalonians 3:5 "May the Lord lead your hearts into a full understanding and expression of the love of God and the patient endurance that comes from Christ."  Read today's devotional!   Would you like Prayer? The CBN Prayer Center is available 24/7. Call (800) 700-7000. STAY CONNECTED!    Breaking News on CBNNews.com   Download the CBN News App Watch the CBN News Channel 24/7 CBN News Email Subscriptions   Become a CBN News Member Reporter Emily Jones curates Quick Start with assistance from three CBN News bureaus. Thank you for waking up with us each morning! Because Truth Matters. Edit Subscriptions   |   Unsubscribe   |   Contact 977 Centerville Turnpike, Virginia Beach, VA 23463 24-Hour Prayer: 800-700-7000 © The Christian Broadcasting Network, Inc.