oil from russia. well, the new british prime minister will unveil her strategy to fight soaring energy costs today. the financial times reports liz truss is preparing a $172 billion bailout for consumers and businesses. i understand that people across our country are struggling with the cost of living and they re struggling their energy bills, and that is why i as prime minister will take immediate action to help people with the cost of their energy bills. well, there s been no real explanation of how she would pay for the pricey package, although she ruled out a wind fall tax on energy company s profits. the plan would freeze the average annual energy bill for u.k. households at around $2,800. that s up 27% from the current level but well below the nearly
$4,000 it would likely hit by october. and cnn s claire sebastian joins us now live from london with more on this. and of course, claire, that is the big question, isn t it? how is liz truss going to pay for this energy plan? that is the question, rosemary. i don t think anyone disputes given the scale of the emergency here in the u.k. that something big needs to be done, that money needs to be put in peoples hands to get them through the winter. but the key thing that separates her from frankly other members of her party and of course the opposition labor party is exactly how to pay for this. the plan that has been reported would be so large, $172 billion is what s being reported, that would dwarf any single pandemic relief plan. it would be almost double what germany has so far said it s going to spend on mitigating its own energy crisis. liz truss has said that she doesn t want to raise taxes to pay for this. by contrast she wants to cut taxes. she also does not want to extend a w
hundred and 63 billion of the 172 billion is going to infrastructure. this case being that bridges and byways are going to love left the area as much as skills, numeracy and literacy. we all know that we have seen over the past year in terms of education. a leveling down basically across the country we have seen. not just in the northern region. so many of our schoolchildren and university students have suffered in life that are education and social skills, record number of them reporting clinical depression and mental health issues, so this is a really important moment for the government in terms of the schools and education row. people will be looking at this and thinking we spent £10 billion on the test and trace fiasco, the government will not fork out £15 billion to have the education sector. it s been reduced to one 1/2 billion and that is why sir kevan collins resigned. we will not level up or build back better if
the overhaul includes carbon neutral housing with organic grocery stores and community gardens. estimate ad price of 119 to 170, that is a big dash, $172 billion. good luck guys. we will all have to pay for it ourselves. steve: meanwhile, tv show host, actress author, our next guest has done it all during a career expanded for decades. ainsley: despite leaving new york city she is not slowing down anytime soon. more on the new project, life in nashville, kathie lee gifford. great to see you guys. i thought you retired. no, honey, i refired. ainsley: awesome. how do you like nashville? i adore nashville. i m on the outskirts of it. it is most fun place. there is culture of kindness down there, oh, my gosh, i m loving it. brian: exactly like new york. so similar. my son lives in santa monica. he spent the night.
tally already sits at 149 for the current decade and we re still at the peak number before the end of october. while some people debate the seriousness of the climate threat, one thing is crystal clear, it s becoming a fiscal nightmare. since 1980, there have been 250 weather events costing a billion dollars or mor. that s adjusted for inflation. and almost half of them, 111, have occurred in this current decade. and look at how the costs have gone up. in the 1980s, there were only 28 high-dollar weather events. at a cost of, say, about $172 billion. now, look at this decade. 111 into early 2019 costing more than $761 billion. then, when you tally it all up, the costs are likely to end up at three quarters of a trillion dollars or more. and then, of course, the human cost. the number of fatalities from extreme weather has climbed from