this before they head to the august recess on friday. i m john roberts in washington. this is america reports, a slimmed down version of build back better estimated, listen to this, to raise taxes on millions of americans across every income bracket, including, yes, those making under $400,000 a year. this despite president biden repeatedly claiming that it would do no such thing. one thing we are trying to get done in congress, pass legislation that won t raise taxes a single penny for anybody making less than 400 grand. you make less than 400, you will not pay a penny in taxes. make sure we pay everything without any one making under 400,000 paying taxes. sandra: rebranded as a way to reduce inflation across the country. a new study claims it will do the exact opposite and make the inflation situation even worse. john: all of this comes amid a potential crisis in asia. tensions rising with china as reports circulate that house speaker nancy pelosi could arrive in ta
she will tell lawmakers whether their stories posed a risk to national security. bill has time off. good morning, trace. moon to mar-a-lago might be the scene of today s show. house oversight leaders welcoming the dni s decision saying officials must swiftly move to mitigate any potential risk. at the same time federal judge is siding with the former president saying she intends to appoint an independent special master to review how the f.b.i. handled the documents. dana: all this after the f.b.i. unsealed a heavily redacted affidavit showed the agency had probable cause to believe that the former president was keeping classified information at his resort. some of it apparently dealing with spies and secrets. bill: former congressman trey gowdy is making the case for more transparency. perhaps some people have already made up their minds. but many have not. they want more information. is this really about the return of documents or something else? what is at stake are
student loan could cost over ten years. the white house is struggling to answer who is exactly paying the tab for the millions of college students off the hook. john: you don t have todd s number on speed dial, john? i ll pass it off to you. sandra smith in new york. biden administration sticking to their line of defense that the plan is fully paid for, even comparing the handouts to covid loans, even though the pandemic assistance was intended to be foregiven. john: biden facing backlash with a growing number of democrats distancing themselves from the controversial hands outs. i think a targeted an i approach right now, people making 30, $40,000, didn t go to college, they need help as well. it does not help people who have already paid off their college debt. a band aid step, a point in time step. not yet contending with the root issue, which is the affordability crisis of higher education in our country. sandra: or bipartisan political panel is on set and read
i m harris faulkner and you are in the faulkner focus . the producer price index up 11.3% over last year. now adding to fears of a recession compounding trouble for americans after yesterday s consumer prices index hit a four-decade high. notice the number on the left for wholesale prices, the goods being made for us, is cooking hotter than the inflation that we re faced with. now how long do you think it will take for them to pass that along to the consumer? will they even have a choice? former trump economic advisor explains it this way. i would like to walk through how you should think about inflation so people understand why. if you start the car at zero and accelerate 10 miles per hour per month after six months you go 60 miles per hour and after 12 months 120 miles per hour. what s my velocity right now is what you care about. we re hiding how big the increase in prices are that are affecting ordinary americans by a very large amount. inflation is startlingly high ri
president biden. 1/3 of those voters say biden s age is the main reason and then in second place is the job he is doing while he is in office. and then the list goes on. he is already the oldest president in the history of the country. the clock doesn t tick backwards. so at the end of the current presidency, he will be 82. are democrats feeling buyer s remorse after going all in on biden? well, take a watch. i used to be a biden supporter. i m not one anymore. i feel like i ve been lied to by the media telling us biden was the answer to all the country s problems. like that s what i saw him as when i voted for him. i cannot see any reason why i would be voting democrat in the next election. harris: that s a whole different matter right there. not just not biden but not democrat. kellyan conway is in focus. rich edson is live outside the white house. shaking some of the apples out of the trees, i suppose. another troubling indication in this poll the new york times