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FOXNEWS America Reports July 7, 2024

america reports on this friday. white house getting good news on the jobs market but will a massive spending plan send the economy into another tailspin, making an already bad inflation problem even worse? hello, everyone. i am sandra smith in new york. jon: i am jon scott info john roberts. the labor department says the u.s. added 528,000 jobs last month. the on employment rate also falling slightly to 3.5%. both numbers beating expectations. wages are still largely out of step with the rising inflation. now more than 200 economists, 230 to be exact, warning democrats their social spending bill will make high prices in this country even worse. jon: senior economic advisor jared bernstein joins us. first, congressional correspondent chad pergram has the latest on the spending bill. good afternoon. democrats say this bill will help with inflation. more than 200 economists warn congressional leaders that the u.s. is in a dangerous crossroads. they argue the bill ....

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How Inflation Can Negatively Impact Your Health in Retirement

How Inflation Can Negatively Impact Your Health in Retirement
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FOXNEWS FOX and Friends June 4, 2024 13:26:00

Border, energy, and a number of things. crime, education, all of these issues that are still vexing and perplexing much of america. the issue set has not changed. they can t use it as an excuse or reason. the second thing is i think a lot of the bleeding will stop now because the republicans will take over the house. they will be seated in a couple of short weeks, steve. they will stop all of that mindless spending where nobody can even explain what is in the bill, nobody can explain why it s called inflation reduction act when it does no such thing like reduce inflation, john kerry himself said it s a misnamed bill but he loves it because it s about climate change. the other thing is, steve, they need to find a couple of democrats who had it with their parties wokeness and run to the radical left and try to forge a couple of relationships there. the way it s been done in the senate over the years when supreme court nominees or important legislation to pass, find a couple of those demo ....

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FOXNEWS America Reports June 4, 2024 17:02:00

More than 200 economists warn congressional leaders that the u.s. is in a dangerous crossroads. they argue the bill increases inflation. senate majority leader chuck schumer does not mince words. considering how high they are wrong. i don t know who that list was for the overwhelming majority of those who have looked at this. the public and economist. they have said it will do reduce inflation. it will. after days of talks, kyrsten sinema signal she will move forward on the tax and spending bill. democrats agreed to drop a provision to tax carried interest to get kyrsten sinema s vote. there is an excise tax on stock buybacks that will raise $74 billion. schumer called buybacks despicable. joe manchin scores a future deal to streamline pipeline permits. plus deficit reduction. the thing that i talk to my republican, they want to make ....

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Brian Richards | Masters at Distraction

Brian Richards | Masters at Distraction
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