On this just moments ago. Listen here. And the president has said he wished he didnt call this the Inflation Reduction Act. What should you call it . Well, he said following that sentiment because i think its a complicated bill that it also has reduced costs and i think its very important to note that both on healthcare and as i noted on the energy side we have already seen costs coming down. John are they . I mean, gas is nearly four bucks a gallon again. Gillian home prices are up. John are americans really feeling any relief as john suggests they are . Im john roberts. Good to spend another hour with you. Gillian you as well, john. Gillian turner in for sandra. Trying to narrow Donald Trumps polling lead. John only one clear frontrunner and that is the former president. Florida Governor Ron Desantis and tim scott are the two main contenders for the top spot. Gillian the majority of Republican Voters agree trump is in the best position to beat trump in the general, 28 are arguing for
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former president. florida governor ron desantis and tim scott are the two main contenders for the top spot. gillian: the majority of republican voters agree trump is in the best position to beat trump in the general, 28% are arguing for ron desantis. one week away from the very first republican debate. let s get right to peter doocy, he joins us from the north lawn of the white house. peter, are folks buying the president s economic agenda? just about every economist writing about the inflation reduction act today is saying the reason that inflation has come down at all over the course of the last 12 months is because the cost of energy has come down over the last 12 months. not because of the ira. if inflation remains 0, he will hold the record of the century for the most inflation
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expected or whether it will fall back into a period of very slow or no-growth of the economy which is very, very bad for consumers, for employers and for our country overall. and i know one economist writing about this likened it to the fact that the federal reserve and administration basically have no bullets left in the gun to fire at you are a economic situation. i mean, what else do you think we could be doing at this point? well, it is interesting the federal reserve acted at this time because clearly it was unexpected and it shows a tremendous lack of confidence in the strength of the economy. basically they are saying all the economic policies of this administration have not worked and that unemployment remains stuck at 9.5% even though 2 million workers have exited the workforce in a very discouraged state. they have given up looking for work. the gdp numbers are going to be revised downward to an anemic
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