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new york. thank you for being with us as we await a critical decision minutes away that could have major fallout from your bank account. the federal reserve is poised to once again raise interest rates to try to tame inflation. this would be the fourth straight big rate hike and the impacts will certainly be felt at the white house less than a mile away where we'll hear shortly from president biden set to discuss his latest efforts to bolster the economy. and then tonight he'll make a primetime address focused on threats to democracy. but it is those pocketbook issues that most voter...

republicans represent an extremism that threaten the very foundations of our republic. >> the speech featured some hopeful tones, but it made headlines for its dark warnings about what would happen if americans allowed the maga ideology to grow. with more appearances to come in pennsylvania and beyond the president is showing he's unafraid to draw sharp contract not just between himself and trump but between democrats and republicans. >> not every republican, not even a majority of republicans are maga republicans. not every republican embraces their extreme ideology, but there's no ...

>> biden signs into law the democrats tax and spending free. >> joe manchin admits democrats newly signed act will not provide life any time soon. >> well, immediately it's not. >> l.a. still really, really unsafe. listen to this. the holiday reporter says more stars are hiring at home body guards because of the spike in high profile crime. >> give hair cut. maybe a little trim. want to go out there tomorrow? ♪ ain't it funny how life changes ♪ wake up ain't nothing the same ♪ and life changes ♪ life changes. ain't that true and ain't that true about what goes on? >> isn't th...

tonight, we begin with breaking news. the senate is in a rare, saturday night session, as democrats work to advance their sweeping health care, and climate bill, towards final passage. passage that could come as soon as this weekend. the bill, and the inflation reduction act, the i.r.a., would represent the largest climate investment in u.s. history. it will make major health policy by giving medicare the power, for the first time ever, to negotiate the prices of certain prescription drugs. the package is the product of painstaking negotiations, and it would give democrats a chance t...

to the senate's efforts for the association bill. plus, the ripple effects of the kansas bill to protect abortion rights. what it could signal for the midterms. and, what goes around, comes around. alex jones has been ordered to pay more than $49 million to the parents of a sandy hook shooting victim. let's get started. tonight, we begin with breaking news. the senate is in a rare, saturday night session, as democrats work to advance their sweeping health care, and climate bill, towards final passage. passage that could come as soon as this weekend. the bill, and the inflation reduct...