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Neda: Policy measures needed to curb inflation

That's the conversation. >> wow. >> not to say there aren't legislative agendas. this they want to pass the global competitiveness bill. but they are talking about prescription drugs. they are thinking about subsidies in at ethe affordablee act. voters are going to be notified in october that their premiums are going up. that's another high price, high inflation argument that democrats don't want to be having. things like that may start to actually mobilize them a little bit to get a smaller social deal done. >> in this mood of this feeling of we're not going to get anything done, it's across ...

Mean in everyday life? this week i visited a discount store in northern california, and here's what consumers are saying. >> rising prices are affecting me around every angle; gas, groceries, markets are down, crypto's down, everything's down. so i'm here trying to fight back. >> reporter: it was so disheartening to see how much people are struggling to buy the essentials. they're so tired. and yet you could also hear some hope in his voice, hope that soon he will maybe find some relief. we've still got prices very high, neil. neil: indeed, we do. the wholesale and the retail front, it is unen...

That, and especially it looks cheap if he can get twitter for $10 billion cheaper. neil: real quickly, for tesla a lot of tesla shareholders were nervous that he might get his eye off the ball here and that was the currency, certainly the collateral he was going to use to buy this. >> yeah. neil: the stock was moving up over the last couple of days on the notion that maybe this isn't such a sure thing. that would be a relief if you're a he's tesla shareholder -- >> yeah, you know, elon musk already heads up two big companies, spacex launching rockets, and tesla which it was worth a trillion do...

House democrats say they're going to introduce a china competitiveness bill, which would boost american chip production. and john kirby just said today that the u.s. has a responsibility and is ready to help die a want defend itself. republicans like mccaul says the u.s. should do more. wrap up their presence in the region right now and arm taiwan with more weapons. the gop also believes the u.s. has already dropped the ball with the beijing olympics. the administration placed a diplomatic boycott on the games. team u.s.a. and corporate sponsors will still attend. >> i called them to do someth...