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Transcripts For FOXNEWS The Journal Editorial Report 20240707

could make inflation worse. because of my economic plan, we are better positioned than any other major economy in the world to weather the challenges and come through this as a strong iser company. republicans win, inflation if s going to get worse. it s that simple. paul: let s bring in texas congressman kevin brady. welcome, congressman, appreciate your coming in. the president says lots of progress, but wait, look, you ve got the last three months it came down from 9% to 8 and something, now 8.2%, so three months in a row it s gone down, so isn t that progress? yeah, no, it really isn t. and this week we saw, as you know, a double dose of bad if news for families and main street businesses. obviously, wholesale prices are still very, very high, and we know at the end of the day those get passed down to consumers in the future. and, of course, core inflation now hit the highest level in joe biden s presidency. that s a full year after he declared inflation had peaked. h

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Transcripts for FOXNEWS The Journal Editorial Report 20240604 19:07:00

negotiating agreements that advantage them at our disadvantage. i would focus on that as well. and innovation. you know, i think the country that wins the innovation race wins the future. republicans have probablies to double the r&d tax credit, make us more competitive in that innovation race. that, perhaps, could be bipartisan as well. paul: all right. thank you, congressman, appreciate it. when we come back, punishing the saudis. president biden and democratic lawmakers vow there will be consequences for the opec oil cuts, but will their proposals hurt the u.s. economy and push our middle east allies further into the arms of russia and china? you don t have to wait until retirement to start enjoying your second act. with protected lifetime income from pacific life.

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