and the rockets red glare the bombs burting in air gave proof through the night that our flag was still there o say does that star spangled banner yet wave o er the land of the free and the home of the brave welcome to fox and friends this saturday in august, your wonderful patriotic pictures begin our morning, send them in at friends@foxnews.com. it has been a week since i have been on the weekend couch, up been a couple weeks since i ve heard that patriotic anthem intro, good to be back. rachel: you were on vacation and the best thing about vacation is wanted is wrapped up, i am ready to go home. is that how you felt? will: i had big plans for vacation to come back rest and relaxed, you heard the weekend before, i spent most of july fighting a sickness. i got all the sicknesses and i was sick on vacation, one rolled into the other. i am not asking for any world is me. i got a little son and i m glad to be back. joey:you missed but i will nev
call inflation reduction act will not only lower cost for consumers but will not raise taxes on the middle class. republicans argue it will not help you alleviate inflation and it will take money out of people s pockets and hurt americans across a number of key sectors. chief congressional correspondent chad pergram is live on capitol hill and he has the latest for us. good evening, the senate waited all day but the past hour the senate got a text, the bill is 755 pages in length, democrat plans to pass the bill overnight. this is one of the most comprehensive impactful bills congress has seen in decades. it will reduce inflation, lower prescription drug costs, fight climate change, close tax loopholes and reduce the deficit. all gop members of postville, that s right democrats need all 50 of their members to vote yes. vice president harris could be needed to break a tie. republicans call the bill a farce. let s start with the bills title. inflation reduction act, it
work through the weekend to pass a major tax climate, and health care plan. after almost a year of negotiations. the first votes expected to begin tomorrow afternoon. today, the senate s top democrat laid out key parts of the bill. this is a very, very, very big deal. including producing prescription drug costs, fighting climate, change closing tax loopholes for corporations in the wealthy, and reducing deficit. i believe we will have 50 votes to pass this legislation at the end of the day. as senator schumer said, this bill includes significant ways to have corporate america be more accountable. finally imposing a corporate minimum tax and another, attacks on companies doing stop by buybacks. this is a common practice when they have extra cash and they choose not to spend it on employees, or research and development. instead, they buy back stock to boost its price and hookup their shareholders. now they choose to do that, should this bill pass, they will be hit with a li
favorite historians, as the 11th hour gets underway on this friday night. good evening once again, i m stephanie ruhle. and after a week of very big winds, president biden is on the verge of another significant victory. as senate democrats prepare to work through the weekend to pass a major tax, climate and health care bill, after almost a year of negotiations. the first votes expected to begin tomorrow afternoon. today, the senate s top democrat laid out key parts of the bill. this is a very, very, very big deal. including producing reducing prescription drug costs, fighting climate, change closing tax loopholes for big corporations and the wealthy, and reducing the deficit. i believe we will have 50 votes to pass this legislation at the end of the day. as senator schumer said, this bill includes significant ways to make corporate america more accountable. and i want to point them out. finally, finally imposing a corporate minimum tax. and another a tax on companies do
american, paul whelan at. we ll get to those stories in this hour. but we start with a big breakthrough in democrats efforts to pass a main part of president biden s agenda. prescription drug prices, taxes, and climate change. kirsten sinema of arizona has announced her support for the bill, calling it the inflation redact act. clearing the way possibly this weekend. the democrat agreed on some changes. including dropping a carry over interest rate tax. increase on some of the risk just of the rich. hedge fund, and private company executives. and changes to a 15% on corporate tax obligations. they could make amendments, but this film could be seen as historic changes for everyday americans. change is very popular according to a poll, by cutting prescription prices and refusing the deficit by 300 billion dollars. you heard that right. it would also invest in nearly 370 billion dollars to address climate change. and also, it would be interesting to think about it from a politic