no doubt cleotha abston is involved in this case. jackie ibanez with major details, jackie. this is turning into an incredibly scary story. an unidentified body found for a missing mother of two eliza fletcher. authorities uncovered a body during their search for the billionaire heiress in a heavily wooded area just 7 miles where fletcher was last seen in a mile from where the suspect with his car close. the police have not confirmed the identity or cause of death. cleotha abston setrst hearing ls morning. the convicted felon is facing additional charges for identity theft after reportedly stealing a woman s cash wrap and gas card the day before fletcher went missing. . as the suspect s uncle tells news outlets, he is 100% sure he had something to do with her abduction. my whole family is wacky. they are all perpetrators of something. she set out for her job when she was attacked near the university of memphis. she was reported missing by her husband just before 8:00 in th
sandra smith will stick around for us today as well. and bret baier also joining us this hour as the president insists the economy is right on track. celebrates it with james taylor at the white house. first we go to white house correspondent jacqui heinrich. hi, jacqui. even though that new gallop poll shows that voters are far more concerned with the economy than the climate, the president is fixated on climate telling reporters that he s not concerned about yesterday s hotter than expected inflation reading or the stock market sell-off before announcing that $900 million for electric vehicle chargers on highways across 35 states. great america road trip will be fully electrified, whether you re driving coast to coast on i 10 or on i-75 in michigan. charging stations will be up and easy to find as gas stations are now. we ll invest $7 billion to have the batteries and other critical materials that car companies need. the white house wants half of all new cars to be el
$1 trillion. that is how much experts for student loan forgiveness will cost you the american taxpayer. the model dispute of the white house projected $240 billion price tag. it predicts debt cancellation could cause no might cost $519 billion in student loan forgiveness will impact inflation. and all of this wall street journal shows 50% of americans disapprove how president biden is handling inflation. former office of management and budget director joining us later to talk about the poll of student loan forgiveness plan potential trillion dollar price tag. he was at omb and presumably understands how a budget with the context of the federal government and he things he will have answer to that. carley: trillion is a lot more than 1 billion. todd: one of the thing before we go, welcome back. carley: thanks. i was on vacation. i went to ireland, beautiful. todd: i thought you would be a smaller leprechaun when you
deficit and you have some charts to show us how things are looking. sure. so we haven t talked about the deficit in a long time and part of that is because the deficit has been going down and it s been going down actually faster than most people, including the cbo, thought until very recently it would. in 2014, it s going to be down to $519 billion which is almost $100 billion more than the cbo thought as recently as last fall. but from here on out we should look at deficits rising again so we are at the low point. if you assume that current policies stay in effect, we re basically on an upward track. what that means is that the debt to gdp ratio goes up and the cbo issued a bunch of numbers that are pretty scary. what is now 74% ratio could be as high as 170% in 2040. so that s one piece of news. the second piece of news which
little math early this morning for you to see what that part is. keep in mind tales just a portion of that $519 billion. the other part and a big part of the lame duck session. this is one way to get rid of this debt and did he have sit, not continue with the tax breaks for the wealthiest americans. the president hit on that again last night and this will probably sound familiar to you. and if we truly care about our deficit, we simply can t afford a permanent extension of the tax cuts for the wealthiest 2% of americans. before we have take money away from our schools or scholarships away from our students, we should ask millionaires too give up their tax break. that was a part of the compromise deal, extend the tax breaks for the wealthiest another two years. how much will that cost? there are a lot of people hot about that because they expired at the beginning of the year. look what they would do. you talk about this 2-year extension, $81.5 billion that