united states and around the world. i m christine romans. house republicans say they have done their part to avert a national and global financial crisis by passing a bill to lift the debt ceiling. yeas are 217 and nays 215. the bill is passed. the republicans hope the bill they pass odd wednesday to include the deep federal spending cuts they want. speaker kevin mccarthy addressed mr. biden directly in remarks a short time later. you said at the very beginning we had to show you a plan even though the democrats have shown no plan. not only did we show you a plan we are the only ones to pass a plan, so i think it s up to you now whether the economy goes in any trouble, it s you. because the republicans raised the debt limit and you have not. cnn s phil mattingly reports on the prospect for republicans to get what they want. reporter: for weeks, house republican speaker kevin mccarthy made clear he knew the legislation republicans were trying to get through the hou
good morning from germany where we are waking up with the scotland fans ahead are waking up with the scotland fans ahead of are waking up with the scotland fans ahead of their second match in the european ahead of their second match in the european championship. will the scotland european championship. will the scotland party continue? we will find out scotland party continue? we will find out this morning. it s wednesday, the 19th ofjune. the latest inflation figures will be released this morning, giving an idea of the state of the economy before voters head to the polls in just over two weeks. analysts are expecting the figures for last month to show that inflation has fallen back to the bank of england s 2% target for the first time in nearly three years. our chief economics correspondent dharshini david has more. have you got food left or is it all gone? gary in sussex used to have seven butchers shops. now he has four. forced to make cuts as he s been caught bet
the figure which tells us the rate at which prices are rising hit the bank of england s target of 2% in may, coming down from 2.3% in april. our chief economics correspondent dharshini david reports. gary in sussex used to have seven butchers shops. he now has four. forced to make cuts as he s been caught between soaring costs over the last few years and customers with lean budgets looking for value. but things are easing. the price is probably 10 15% more than they were at the beginning of covid, but the actual price of the product is pretty much stationary now. well, we hope it s stationary. it would be nice if it would come down, but i can t see that, not in the foreseeable future anyway. it s global food and energy costs, which triggered the rise in inflation to 11% in 2022, which have also helped it fall to the 2% target, along with the rate rises over the last couple of years. as you may have noticed, the prices of goods are rising more slowly as the impact of the w