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hosting a saudi-backed golf tournament at one of his clubs. good morning. and welcome to "way too early." i'm jonathan lemire. it is friday, july 29th. thanks for being here. let's get started with the news. we begin on capitol hill where senate democrats are racing against the clock to pass a wide-ranging spending bill through the process of reconciliation. with just about a week to go before congress leaves for a month-long recess, a source says that senate majority leader chuck schumer called on his caucus to stick together during a closed door meeting yesterday. just one day ea...

♪. ♪. rachel: fox news alert. showdown in the senate. lawmakers engaged in a vote-a-rama all night long over dozen of politically charged issues. will: live look at senate floor. senators continue to argue whether the inflation reduction act will do anything to help ease inflation. joey: alexandria hoff live in washington with the latest? reporter: this vote-a-rama is part of the senate budget process where senators allow unlimited amendments. senator graham opposed a amendment by maggie hassan. >> they wouldn't let you do this in professional wrestling. what you're doing is dece...

get out the dictionary. we'll define recession for you. here is the bottom line. the biden economy is shrinking as the fed unleashes rapid fire rate hikes to stave off the highest inflation in 40 years. let's get right to it. maria bartiromo joins us now. go ahead and give us the news because they projected .5% on the positive side. the number was a negative .9. >> we are now in recession and we can confirm that because it is two quarters straight of contraction. the economy shrank in the second quarter by 9/10 percent on top of shrinking in the first quarter by 1.6%. now so far all ...

desantis, picked charlie crist, a former republican himself, as their nominee this fall. >> also, new details surrounding former president trump's handling of classified material. cnn learned overnight that the national archives told trump's legal team months ago that it wanted intelligence agencies to conduct a damage assessment on more than 700 pages of documents found at mar-a-lago. we'll get into that. also, a big announcement expected today from the white house, sources say president biden could cancel up to $10,000 in federal student loan debt for some borrowers and extend that...

♪. will: good morning for for exame and friends weekend. it is always 4th of july. it is august 14th, year of our lord, 2022. will cain, rachel campos duffy. the team is back together. good morning, nice. >> good morning. will: so yesterday, right before we came on air -- pete: read the prompter. will: pete can't because in the prompter it says pete the new "fox & friends" bolling champion. will. i don't want to do it, will the embarrassing double gutter ball. rachel: you weren't only loser. dan lost. rick fell over. will: i thought we were going to revisit this. pete: what you did...