Page 6 - Chip Bill News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the spending showdown is about to go down. chad pergram following it all, a lot of details to pull together, but he's the man to do it. chad, what's happening? >> reporter: david, good morning. senate democrats aim to pass the climate, health and spending bill this weekend, but it may be a long weekend. we just got a ruling from the senate parliamentarian, she green lighted a provision in the bill to let medicare negotiate the cost of prescription drugs. democrats say that makes the cost of pharmaceuticals cheaper. elizabeth mcdonough has a lot of sway in process. >> the closer you c...

forward. >> what do republicans have to say? >> the republicans offered a bit of a muted response. many not defending donald trump's actions, not yet criticizing what the justice department is doing, taking a wait and see approach. one of those republicans, lindsey graham of south carolina, who told me earlier today that he does not think that trump should be prosecuted. >> that's just ridiculous for me to comment over what some grand jury may be looking at. i don't see anything to prosecute him over. >> now, graham himself has come under scrutiny for phone calls he made to the georg...

president trump. we'll have more on that speech and why he gave it just ahead. plus the january 6th committee releases more of what the former president wouldn't say the day after the insurrection. meanwhile, on capitol hill, covid is complicating crunch time for congress. democrats are running out of time to get things done before a month-long august break. good morning. and welcome to "way too early." on this tuesday, july 26th. i'm jonathan lemire. thanks for being here. there are new developments with the justice department's investigation into the january 6th attack. two t...

statement claiming that two consecutive quarters of falling gdp are not the official definition of a recession. sounds like they are expecting those reports to show two straight quarters of falling gdp. but with inflation surging to a new 40-year high just last month, some call the administration's talking points out of touch and they're out of time to turn this boat around if they don't start focusing on the right things. a comment from treasury secretary janet yellen. >> this is not in the economy that's in recession. we're in a period of transition in which growth is slowing and t...

may or may not match up with what you are feeling every day. we're about to get the biggest hard data dump of the summer. a multifaceted look at what the cold hard facts tell us about where the u.s. economy stands. you have these big hitters all announcing their earnings this week. it's going to be a big reflection of where we are, what we're buying out there. what we're not buying and participating in in this market. look at the reports coming out this week. it's a huge week for this summer. you have gdp, the cost of goods. perhaps the most important, consumer sentiment that we'll g...