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Transcripts For FOXNEWS FOX Friends First 20240707

the biden administration doesn t understand people care about gas prices, inflation and the economy. they are living in la-laland. from la-laland, hoff. voting will begin on the deal, the cdo and economists agree the bill will not curb prices and the white house is lowering expectation ahead of today s release of the jobs report. kyrsten sinema says this, we have agreed to remove the and boost the budget reconciliation legislation, the president is responding to this saying we have taken another critical step toward cost of living for american families, look forward to pass this as soon as possible. at the center is west virginia senator joe manchin who support paved the way for it to head to a vote. here is what he s saying about getting republicans on board. you think this is something republicans should do? i talk to my republican friends, we just got to have more energy, we will drill more oil. the congressional budget office says the act will not ease inf ....

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Transcripts for FOXNEWS FOX Friends First 20240604 09:56:00

Society and we are able to do so because we as americans believe that no matter who you are, no matter your last name or your actions, if you break the law, if you do something against the law you will be held accountable. the premier law enforcement agency in the world, the fbi, apparently we know it was weaponized against donald trump. we know remember peter strzok and lisa page working in tandem to try to take down donald trump despite the fact that the information they were basing their entire situation off of was false. but now that same agency apparently for the political party that they support has covered up, and the fact that you have christopher wray, the fbi director, there on capitol hill either just finding out about a lot of this, which is very concerning considering he is the director, that is kind of surprised by some of the ....

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Transcripts for FOXNEWS FOX Friends First 20240604 09:46:00

Senator kyrsten sinema, manchin, president biden are trying to be cute at best with rhetoric, at worst they are being disingenuous, this boils down to increased taxation on americans, increased inflation, we are changing behavior how woe consume. this terrible legislation will have consequences, before the consequences, we ll continue to feel more economic pain. carley: this would raise taxes on corporations and people making less than $200,000 a year, how would that happen? it happens because of the mechanics of the bill, in interest of time, won t get into the economics, looking at analysts or analysis of the heritage foundation, mechanics ....

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Transcripts for FOXNEWS FOX Friends First 20240604 09:45:00

carley: inflation reduction act, but group of 230 economists sent a letter to lawmakers saying it the bill would create inflationary pressure by boosting demand and price hikes would discourage investment, draining private sector of much needed resources. if this passes, what happens to the economy? only in washington, could you take something that would be so devastating to the economy as economists point out and call it inflation reduction act, it would do the opposite. looking at this through the lens of the average american, forgotten american, it will have devastating consequences. direct taxation, burden of costs has to be born by someone and it is going to be on the back of average americans. ....

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Transcripts for FOXNEWS FOX Friends First 20240604 09:47:00

Of the taxation system mean downstream from loopholes, some taxation on venture capital work means americans earning less than $200,000 a year, we are giving $80 billion to internal revenue service. i m sure americans are saying how do we fix america? add 87,000 irs agents. carley: and families making up to $300,000 getting a tax credit to buy electric vehicles, i m sure people will be jazzed about that one. dr. roberts, thank you for joining us, it looks like it will pass, we ll wait to see on that chltsz. unfortunately. ....

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