a breach of the minesterial code. tonight with the context, the spectator s deputy political editor katy balls and the republican strategist doug heye. hello, welcome to the programme. we have lived through an era of record low interest rates. for years, it was cheap to borrow, while the money put away in savings accounts earned us very little in return. but things are changing. today, the us federal reserve set out an increasingly aggressive approach to monetary policy as it confronts the highest inflation in the united states forfour decades. in the last hour, it raised interest rates by 0.75% which is the biggest jump in rates since 1994. and that has implications for all of us. here s the chair of the federal reserve, jerome powell. the current picture it s plain to see. the labour market is extremely tight, and inflation is much too high. against this backdrop, today the federal open market committee raised its interest rate by 0.75% in anticipation of ongoing increases
make the distinction when we think about trudeau. that make the distinction when we think about trudeau. that is make the distinction when we think about trudeau. that is saudi - make the distinction when we thinkj about trudeau. that is saudi arabia and the about trudeau. that is saudi arabia and the uae. about trudeau. that is saudi arabia and the uae, much about trudeau. that is saudi arabia and the uae, much to about trudeau. that is saudi arabia and the uae, much to have - about trudeau. that is saudi arabia and the uae, much to have some . about trudeau. that is saudi arabia - and the uae, much to have some spare capacity. and the uae, much to have some spare capacity. they and the uae, much to have some spare capacity. they can and the uae, much to have some spare capacity, they can switch and the uae, much to have some spare capacity, they can switch it and the uae, much to have some spare capacity, they can switch it on, - and the uae, much to have some spa
quickly, two other points here. will a republican majority change that number? well, i think that is going to be the big test. they have the materials there to do that. 130 democrats voted with republicans on a republican bill to stop junk lawsuits in patent cases. important to high-tech. 53 democrats voted to make it permanent that small business could immediately expense purchases of software and equipment. that is a good thing. 62 democrats voted in the house with republicans to make the research and development tax credit permanent. 32 and 36 democrats voted to make i had easier to invest in small business, ban taxes on internet access, government more transparent in rule making, stop epa regulating streams, ponds and ditches as navigable waters. bill: on keystone, look at this, 68% support it. two questions on this. is this mcconnell s first act in the senate? and remember, he said in late
gang members, murderers, rapists, they re spending their time because the revenue is so great as it relates for tax revenue that s right. ban taxes, no, they want the tax money. they have to fund the union pension. liberals don t mind if the police get a little rough. well, it s not like it was something minor like a rape or murder. this is someone not paying taxes. we ll use neutron bombs to collect taxes. it s unbelievable. i want to play charles barkley for you. i love him. he defends officers in an interview from yesterday. watch this. the notion that white cops are out there killing black people. that s ridiculous. that s just flat out ridiculous. and i challenge any black person to try to make that point. this notion that cops the cops are actually awesome. they re the only thing in the ghetto from between this place being the wild wild west. so this notion that cops are out
i think we re going to hear you. why are we fixating on this? because of taxes. both sides of the tax issue here, people need to understand this, six dollars a pack. yeah. all right. somebody s addicted to cigarettes, it s expensive. it s now an expensive habit. yeah. why don t they just ban cigarettes? they created the market. now, on the other side of it they go after the store owners. they are not letting go of that money. so we have cops that should be chasing crack, heroin dealers, gang members, murderers, rapists, they re spending their time because the revenue is so great as it relates for tax revenue that s right. ban taxes, no, they want the tax money. they have to fund the union pension. liberals don t mind if the police get a little rough. well, it s not like it was something minor like a rape or murder. this is someone not paying taxes. we ll use neutron bombs to collect taxes. it s unbelievable.