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with columnists from the guardian, stephanie baker of bloomberg news and work of the sydney morning herald. so, cuts to income tax, corporation tax, national insurance and stamp duty and removing the cap on bankers�* bonuses. it will cost tens of billions and the government says it will boost growth, the labour party say it will reward the rich. stephanie, let's start with you. is this gamble for growth that's going to pay off? it's certainly a gamble, but i have doubts about whether it will pay off. kwasi kwarteng says he want to booth grouped by two and a half percent. but that's...

government archive who only in 2020 gave thesis really filmmakers access. >> heinous. hadas, thank you so much for sharing that with us. "new day" continues right now. ♪ good morning to viewers here in the united states and all around the world, it is wednesday, july 6th, i'm john berman with brianna keilar. important new questions being raised this morning about the man accused of murdering seven people at the july 4th parade in highland park, illinois. why was he allowed to purchase guns, the weapons he used or is suspect of using despite specific interactions with police? some...

nearly three decades. all, of course, in an effort to slow slowing inflation. in hours, the fed expected to announce raising rates by 0.75. that will make it more expensive to pay for things like a mortgage. the biden administration under growing pressure to do more to avoid a recession. retail sales fell last month. consumers feeling the squeeze from the record high gas prices, inflation and already rising interest rates. let's begin our coverage with cnn's matt egan live in washington taking a closer look at the fed's big move expected today, matt. >> reporter: erica, this is shapi...

hearing takes new turns. the january 6 committee accusing donald trump of scamming his supporters out of $250 million. laying 0 out the case that trump solicited money from backers by using lies as a fundraising tool. adding that he sent up to 25 emails a day, soliciting donations for illegal funds that simply didn't exist. but is it potentially criminal and will attorney general merrick garland pursue or prosecute it as such? those are the key questions emerging from the hearings overall. and there seems to be a new rift emerging from the january 6 committee itself on the very sub...

security council official john kirby. and the january 6 select committee just released new video evidence after an abrupt change in the hearing's schedule. this, as we're learning more about a split within the panel over whether to formally seek any criminal prosecutions, including against former president trump. we want to welcome our viewers here in the united states and around the world. i'm wolf blitzer. you're in the situation room. we begin with a nation on edge right now at a critical moment for the u.s. economy. tonight, president biden is making a new effort to calm americ...