huh? capital t for thing. hundreds of billions for climate change. deficit reduction and tax hikes. it could also turbocharge the i.r.s. more on that in a moment. dana: democrats named it the inflation reduction act. republicans say it s laughable and not even bernie sanders is buying it. i want to take a moment to say a few words about the so-called inflation reduction act that we are debating this evening. i say so-called, by the way, because according to the cbo and other economic organizations that have studied this bill, it will, in fact, have a minimal impact on inflation. dana: team fox coverage. marc thiessen is on deck with analysis. we begin with jacqui heinrich at the white house. democrats certainly think that bringing key priorities on healthcare and climate across the finish line ahead of the mid-terms will turn things around for them. poll after poll has shown that the biggest problem for the president and his party is inflation. and even though they ve
inflation as bizarre. this as the dow takes another plunge. we have fox team coverage. susan li in new york tells us what s going on with the markets. white house correspondent peter doocy starts us off tonight. good evening, peter. peter: good evening, mike. in the president s first interview of any kind with a reporter since february and first print interview since may of last year, he says he thinks the reason that people are upset from this country right now is the pandemic and he says he does not believe a recession is inevitable. tackling inflation is my number one priority. also today he claimed that inflation isn t his part. the a.p. writes in an interview the president bristled at claims by republican lawmakers that last year s covid-19 plan was to blame for inflation reaching a 40 year high calling that argument bizarre. his treasury secretary it did contribute. that spending produced excellent rewards for americans at most it contributed modestly to inflati
nobody really is. could it come back to airplanes? i sure don t think so. dana: okay. my other question is did anybody find my air pod from the weekend? i doubt it. dana: i was taking a nap. i had one in and i landed and then i couldn t find my iphone. it was a mile away from an airport and i was in o hare. i like telling people i ve lost two ipads and sport coats. if the ceo loses them, not good for anyone. dana: i ll take better care of my property. bill: i like the answer, i doubt it. fox news extreme weather. dangerous storm spinning off tornadoes in the south. one is hitting oklahoma now. the fierce winds destroying homes and toppling trees. we ve had reports of tornadoes in texas and that storm threat will push into the southeast tomorrow. we knew it was coming.
bill: crisis at the southern border keeps spiraling out of patrol. mass releasing migrants onto the streets of el paso, texas. only expected to get worse in eight days when title 42 restrictions end. don t know how much worse it could get. bill melugin live from la joya, texas. we begin another day. hello. good morning. that s exactly right. as a result of that huge migrant caravan that crossed illegally into el paso sunday night border patrol mass released to el paso city streets. look at this late last night on 1 single street corner we found dozens of these migrants released from federal custody standing around and camping out
now. they are sometimes doing up to ten bus loads a day. just goes to show a clear-cut example of the add minis ministration s catch and release policy. then look at this mexican city across from brownsville where thousands of migrants are waiting and camping out. they re waiting for the dropping of title 42 which expires in eight days. our cameras going over there finding people walking around and standing on the city streets and camping in public parks. hundreds and thousands of them waiting for title 42 to drop to cross into the united states. they believe that is going to be their chance. back out here live, that situation is happening all along the southern border. mexican border cities, wherever you go, there are migrants camped out waiting for eight days from now. we ll send it back to you. bill: bill melugin in texas. thanks. dana: let s bring in the lieutenant governor of texas dan