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FOXNEWS Cavuto Live July 7, 2024

food prices too have gone up. nothing s being done about it. it s going to kill the people, these diesel prices. they have no i have no choice but to fill up my tank. there s no other choice. definitely too much. and it has to change, hopefully soon. neil: it is the story of the week, and right now it is hitting americans hard. i m talking about inflation, and it is still out of control. here s how bad things are getting. we re grateful if the rise isn t as dramatic as we had experienced in just the prior month. that is the state of things now with prices spiking at near 40-year highs. the last time we saw that is when jimmy carter was president. concerns that we re seeing the same thing roll out now and rolling around hoping for relief. good luck on that front. but kelly o grady on how customers and you are feeling. kelly. reporter: hi, neil. well, week we saw new inflation data with april s consumer price index out. the 8.3% year-over-year number was worse than ex

FOXNEWS Cavuto Live June 4, 2024 15:35:00

advantage governor desantis in florida, it looks that way legally. a judge in florida is dropping a lawsuit filed on behalf of florida taxpayers, concerned that removing special privileges that disney enjoyed the better part of 60 years would saddle them with potentially billions of dollars in new taxes, to say nothing of carrying the obligations of debt that tear to here to forethat disney carried. and there was a doubling of revenues in the late period, including the theme parks and including the big one at disney world. and let s get the read from the constitutional lawyer and former federal prosecutor. katie, first on the judge and the lawsuit dismissed on behalf of florida taxpayers fearing they re going to get stuck with a big bill here.

FOXNEWS Cavuto Live June 4, 2024 15:39:00

they re facing. i think for the next year or so, it s business as usual for disney unless and until there s other agreements reached. governor desantis hasn t made any more information about what the plan is, but they re rescinding this district with what could leave disney in a very different position in terms of their tax liabilities to the states. they ve reaped a lot of benefits through the arrangements over the years and they have insen incentive to try to maintain this. it was premature if it ever were right in the courts. neil: interesting, i understand that better now thanks to you, katie. i appreciate that. thanks. neil: we ll be following the developments on the mouse house here. in addition, following developments across the nation on the planned abortion protests, probably going on across the country. one in chicago, again, another one in washington, but we re understanding in new york and

FOXNEWS Cavuto Live June 4, 2024 15:37:00

disney world and this is the usual of a billion dollars or so in debt that shifts from disney to somebody. how does that sort out if they can t sort this out. i think right now we re waiting for the other shoe to drop, if you will. governor desantis has said that disney is responsible for that. he has not explained the legal theory to get around what seems to be an obligation from the state to take care of that debt. in terms of a lawsuit, taxpayers are not going to be able to file a lawsuit until it s right, that specifically show a law that specifically impacted them. in it particular lawsuit, it was in the future, it s possible that they may have this obligation, but the legislation that exists right now does not specifically say that taxpayers will be responsible for that, that is disney s argument, but that remains to be seen and governor desantis maintained he does not agree with that. that s why that particular

FOXNEWS Cavuto Live June 4, 2024 15:38:00

litigation would have to proceed for any taxpayer lawsuits could be litigated in addition. neil: if people were worried, disney shareholders, for example, were worried about this hurting the bottom line. there are other things hurting the bottom line for lot of companies this past weeks, six or seven actually. this isn t one of them. the disney revenue in the latest quarter. the last one included that decision were strong at theme parks, double the revenues they had a year ago. so, so far little immediate impact. for for example to cancel reservations and probably pay penalties if they do. but if it does hit the bottom line or it could, again, too early to tell. that could change the dynamic here, right? well, absolutely, it could, in terms of the damages that disney has claimed will claim

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