because they need to wait things out. so overshooting, i don t know. maybe. they re behind the curve, right? we know that. powell said that. they missed it. they should have been faster and earlier. they weren t and now they re trying to make up for lost ground. yeah. and powell also noted, however, yesterday, he does not believe that the u.s. is in a recession. let me ask you what a lot of economists have been focusing on as of late. and that is that this isn t all just squared with the fed. it doesn t all just depend on them. congress has a role to play here too in lowering and addressing inflation. so i m curious to get your thoughts on what this new bill, potential bill, this new deal yesterday with senator manchin, surprising everyone by signing off on it, called the inflation reduction act of 2022, no longer is its previous name, but now a new act focused on bringing inflation down. how significant is that? it is pretty significant. and, of course, branding is everything wi
prices of other goods and services through transportation costs, food a good example, both households that drive and households that don t yield some benefit from lower gasoline prices. reporter: so there was some positives spin from bernstein. but we just saw the numbers. 75% of americans see inflation as their top economic concern, only 25% of them approve of biden s efforts trying to turn it around. so there is a real messaging gap between what the white house wants to say it is doing and what americans are perceiving every day when they go to the pump or when they go to the grocery store. now of course biden campaigns on just this thing, being able to take control of the economy, being able to turn the nation around after the pandemic. and the pessimism around the country, it seems hard that americans believe that he is doing that right now. and any of the solutions that they have put forward including a potential bill on lower prescription drugs after senator joe manchin really
efforts to draft gun legislation in the senate have hit a snag, according to lead negotiators from both sides. republican john cornyn of texas and democrat chris murphy of connecticut remained optimistic yesterday but both acknowledged issues with turning the framework of a potential bill into actual legislative text. i m starting to get a little concerned though that there are a couple of issues that need to be settled before we can reach an agreement. one of the issues has to do, is whether the funds that we will vote for will be available to states that don t have red flag laws, but do have crisis intervention programs. the other issue has to do with the way that nontraditional relationships are handled in terms of domestic violence, misdemeanors. it s got to be clear, and it s got to be, you know, something that can be actually applied, and because we re talking about
by withholding money to help law enforcement or providing them with support for better mental health services. this in the end is going to be a bill that has a lot of money for law enforcement, for safe schools and for mental health. all of that money will be eligible for states whether they pass red flag laws or not. we have to have a specific incentive fund for states that do choose to pass red flag laws. but how real, senator, is the risk that the gun specific proposals in this bill, this potential bill, could get watered down or actually removed from the deal completely as you draft the actual text of the legislation? well, that s why it was important for us to have ten republicans as well as ten democrats supporting the framework we announced on sunday. and i don t sense that any of the republicans that supported that framework are reversing course in part because i think they have seen the really outpouring of support for this legislation from all across the country, from gun
inflation. inie we need more urgency and reaction in feeling people s pain and reacting to it. later this week the white house and public will get a stand on where things stand with inflation. on friday, the government set to release the latest consumer price index numbers, giving us an idea if inflation is picking up or slowing down. bret? mark, thanks. bipartisan talks on a potential bill to reduce gun violence are together a fine line tonight, as senators focus on a narrow set of issues they hope can pass. we tell you exactly where things stand tonight from capitol hill. a scourge of violence, delicate talks, impassioned appeals. ask yourself is there inning that we can do? your actions here today will tell us how much it matters to you. former arizona representative gabby giffords nearly died in a