He will release his own 100 page report on what he calls the stolen georgia election, two pages bigger than the charge sheet against him and his 18 accomplices. And well tell you how the us Treasury Secretary came to accidentally eat Magic Mushrooms while on a visit to china. First a Welcome Development here in the uk. Inflation fell sharply to 6. 8 injuly, from 7. 9 injune. But it still means prices continue to rise. Prime minister rishi sunak says it shows his governments plan is working, but he cautioned against complacency. The drop was fuelled by lower energy costs. But Core Inflation which looks at price rises excluding food and energy remained unchanged. According to the office of national statistics, the rising costs of hotels, air travel, and rents are among the costs keeping inflation high. Economists are still expecting Interest Rates the tool used by the Bank Of England to control price rises to be raised further. Our economics editor faisal islam reports. The heat may be c
Its working. But polls show Many Americans may not fully know what the Inflation Reduction Act actually is. Data released earlier this month in a Washington Post university of maryland poll show seven in ten americans had heard little or nothing about the policy. Im joined now by tim mcdonnell, climate and Energy Editor at the us politics website semafor. Great website semafor. To have you in the programme. You great to have you in the programme. You have been writing about how the Inflation Reduction Act sure the promise and limits of the government plan and pushing forward Climate Policy of stop starting with the promise, what has worked . Thank you, its a pleasure promise, what has worked . Thank you, its a pleasure to promise, what has worked . Thank you, its a pleasure to be promise, what has worked . Thank you, its a pleasure to be here. Promise, what has worked . Thank you, its a pleasure to be here. Happy its a pleasure to be here. Happy to talk about its a pleasure to be here.
provides billions in tax credits for clean energy programmes and technologies. speaking at the white house, mr biden said the legislation had created 170,000 clean energyjobs already and tipped that figure could grow significantly over the next decade, while also cutting the country s carbon emissions. the bill passed with narrow bipartisan support a year ago. it incentivises consumers to buy electric vehicles and companies to produce renewable energy. the president has been touting the inflation reduction act as part of his economics agenda. earlier, he talked up the plan dubbed by some, bidenomics . let s hearfrom him. when the middle class does well, all kidding aside, everybody does well. everybody. the poor have a ladder up, with the class have a good shot, and the wealthy do very well. the financial times and the wall streetjournal initially because my plan by bidenomics. i m not sure the mention of any
programmes and technologies. speaking at the white house, mr biden said the legislation had created 170,000 clean energyjobs already and tipped that figure could grow significantly over the next decade, while also cutting the country s carbon emissions. the bill passed with narrow bipartisan support a year ago. it incentivises consumers to buy electric vehicles and companies to produce renewable energy. the president has been touting the inflation reduction act as part of his economics agenda. earlier, he talked up the plan dubbed by some, bidenomics . let s hearfrom him. when the middle class does well, all kidding aside, everybody does well. everybody. the poor have a ladder up, with the class have a good shot, and the wealthy do very well. the financial times and the wall streetjournal initially because my plan by bidenomics. i m not sure the mention of any totally complementary way at the time, but guess what?