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less than the democrats original $3.5 trillion build back better pitch, president biden is calling this a success. adding that senate democrats put american families above special interests. now, the victory, all the more notable, because it had none, zero republican support. the bill now heads to the house of representatives and president biden could sign it into law as early as friday. let s begin with cnn congressional correspondent jessica dean. she s on capitol hill this morning. jessica, this is a wide-ranging bill. it is designed to reduce inflation. it has billions of dollars in climate and energy incentives. it tackles prescription drugs. break down for us what is in this multibillion dollar bill. reporter: yeah, it s a big one. as you mentioned, it comes after a true marathon over the weekend here on capitol hill for democratic senators who really pushed this over the finish line. they used that specialized budget process that required only democratic suppo ....
insight into former president trump s strategy in this ongoing back and forth over the documents kept at mar-a-lago. and the legal advice and from whom he s getting from conservative activist tom fitton. one person close to the former president said once trump took fitton s advice, quote, it was all downhill from there. this was sources tell cnn trump and his allies have become increasingly concerned about the potential legal implications from all this. plus, president biden fresh off what democrats believe are a winning streak, kicking off the midterm campaign season with a fiery speech in maryland. the president rebuked some trump-supporting republicans calling the extreme maga philosophy as it is known semifascism. his terms. so a lot to get to this morning. our reporters, correspondents are here covering all of the top stories this morning. let s begin on what we will get from doj sometime in the next three hours with our senior justice correspondent evan perez. t ....
jon stewart sounding off on senate republicans after they blocked a bipartisan bill aimed at expanding health benefits to veterans exposed to toxins in war zones. the question is, why did 25 republicans who supported a previous version of the bill change their vote to know? stuart, an outspoken advocate for military veterans will join us later this morning. we are following new developments with the january 6th committee. top aides to former president donald trump testifying between closed doors, including one official who resigned the day of the attack. we will tell you who that is. and more text messages from the time of the attack disappear. first from the secret service, now the washington post reporting texts between members of trumps homeland security team are missing as well. good morning, welcome to morning joe. we have the host of way too early and the author of the big lie , jonathan lemaire. gentlemen, good morning. let s start with the texts that have be ....
very good thursday morning to you . i m jim sciutto. i m poppy harlow. this just in to cnn, important news for the u.s. economy, the nation s gross domestic product, how much the economy grew or shrank, declined less than previously thought in the second quarter of this year. revised up from negative .9% to negative .6%. it may not sound like much. it shows our economy is shrinking. cnn chief business correspondent christine romans joins us now with more. we often have seen revisions like this, with jobs figures, sometimes in both directions, sometimes in a positive direction, what is the significance of the revision here? it means the economy is less lousy in the second quarter than we thought, and in fact consumer spending and corporate profits were stronger and that is an underpinning here of the u.s. economy. you look at quarter by quarter by quarter, you see two quarters in a row of a shrinking u.s. economy. but shrinking much less in the second quarter than ....
u.s. and china deteriorated to their lowest point in decades. real tension, particularly over taiwan. secretary of state antony blinken speaking today with his russian counterpart sergey lavrov. as cnn learned exclusively of plans under way for a prisoner swap, trading convicted russian arms dealer viktor bout for detained wnba star brittney griner and marine veteran paul whelan. we re watching that closely. let s begin with the new gdp numbers, cnn chief business correspondent christine romans is here with more. christine, break down, a lot of numbers not just you but economists follow, this headline number is not good. this is gdp gross domestic product. it is the largest gauge of the size of the economy and it this rank 0.9% in the second quarter. this is a rear view mirror looking picture, and that s after the economy this rank 1.6% in the first quarter, that first quarter was blamed on the omicron variant and how much was going through the economy with supply cha ....