we begin with the recovery efforts under way off the south carolina coastline following that dramatic takedown of a suspected chinese spy balloon yesterday. the u.s. military blasting the balloon out of the sky after it drifted over the atlantic near myrtle beach. president biden saying he ordered the military to take it down on wednesday. now, efforts are under way to recover the debris and analyze it to find out what it may have been doing as it drifted across the u.s. over the last few days. chinese is accusing the u.s. of overreacting. we re covering this from all angles from the nation s capital to the coast where the balloon was shot down. let s start with diane gallagher in surfside beach, south carolina, where the recovery operation is under way, even though the conditions right now are allwful. what are you hearing about the search and recovery efforts of the debris? reporter: the weather not exactly clear as it was yesterday when everybody here in the myrtle beach
america reports on this monday afternoon. democrats scoring big wins over the tax and spend bill. will they pay the price as many republicans are suggesting come the midterm elections? hello, and welcome everyone. sandra smith in new york city. bill: hope you had a great weekend. good weekend, too, at home. john roberts has the day off. let s get to it now. months of negotiations, different versions of build back better. democratic senators manchin and sinema get on board with schumer s passage, kind of was a secret to everybody. sandra: and manchin claiming the $740 billion bill would not raise taxes on the middle class, republicans are making the case otherwise. bill: warning that billions in extra spending will come back to haunt democrats election time in november. sandra: and in the middle of all of it, aishah is live on capitol hill, manchin and sinema are dealing with serious fallout from every direction after this passage. hey, sandra, good to see you. tha
john: reversal from the manhattan district attorney s office, good tuesday afternoon to you and you as well. gillian: nice to see you on this happy tuesday. i m gillian turner, who is out on assignment. new york city bodega worker charged with murder is now off the hook after fending him off in his store. hi, alexis. the nation has been closely watching and waiting for the decision. manhattan d.a. office says after reviewing the surveillance video and interviewing witnesses and the people who called 911 they will not present the case to a grand jury. in the motion filed here, the manhattan d.a. office says the people have determined we cannot prove beyond a reasonable doubt that the defendant was not justified in his use of deadly physical force. this case, we had an innocent, hard working new yorker that was doing his job and someone was extremely aggressive towards him and i believe after the d.a. review, made the right decision. that was mayor eric adams commen
has just cut one of its court lending rates. it is a one year loan crime rate and it is now at a fresh record low of 3.a5% but it has decided to leave its five year rate unchanged at a.2%. in recent weeks we have had a slew of economic data which showed growth is slowing in the world s second biggest economy and on sunday the countries of central bank also urged banks to increase lending to companies to boost growth. daniel murray from private bank efgam told me what he makes of china s current economic challenges. it is certainly true that china s economy has reacted more with a windpipe rather than a bang post the covid reopening, and i think one of the challenges the chinese authorities face is in terms of getting into the right policy mix to really kickstart the economy, and when you look at the scale of this thing that is supplied from china in a post covid environment it pales into insignificance relative to the scale of stimulus applied in other countries at similar stages of th
has just cut one of its court lending rates. it is a one year loan crime rate and it is now at a fresh record low of 3.45% but it has decided to leave its five year rate unchanged at 4.2%. in recent weeks we have had a slew of economic data which showed growth is slowing in the world s second biggest economy and on sunday the countries of central bank also urged banks to increase lending to companies to boost growth. daniel murray from private bank efgam told me what he makes of china s current economic challenges. it is certainly true that china s economy has reacted more with a windpipe rather than a bang post the covid reopening, and i think one of the challenges the chinese authorities face is in terms of getting into the right policy mix to really kickstart the economy, and when you look at the scale of this thing that is supplied from china in a post covid environment it pales into insignificance relative to the scale of stimulus applied in other countries at similar stages of th