but them s the breaks. neil: all that in 24 hours. with that, boris johnson is out. the british prime minister giving up the fight as so many in his government gave up on him. his covid parties didn t help and his appointments certainly hurt. did boris get the boot because britain s economy couldn t get back on its feet? just like this herd was moving there, could the same thing happen here? fox on top of what happened now with greg palkot in london on the scramble to replace a prime minister. the wall street journal s gerry baker and general keith kellogg on why vladimir putin is celebrating a western leader heading out just as he keeps digging in. welcome, everybody. i m neil cavuto. let s go to greg palkot in london with the latest on the search for the next prime minister. greg? absolutely, neil. as the sunsets here on the thames, the house of parliament behind us, it s the end of an era just about. british prime minister boris johnson stepping down as party leader
act will unleash an avalanche of taxpayer money on coalition-list items like climate change. it will also jack up taxes during the recession. republicans say they will pay the price and the midterms. president biden says this is a major win. president biden: expect you to help, i m going to need you to. for example, no state medicare $2,000 to go. that s a big deal. some of us, it won t kick in for a little bit, but it s all good. when you sit down at the end of the month, you will see more bills. if you love getting audited, listen up: democrats will send irs goons for your bank account. after giving them $80 billion to ramp up enforcement, hiring 87,000 new irs agents. get this: the agency will end up with more staffers than the state department, fbi, and border patrol combined. democrats think they are clever by calling it the inflation reduction act, but even senator bernie sanders sees me that charade. i want to say a few words about the so-called inflation a
democrats are not only paying for this $700 billion tax and spend package by raising taxes, super sizing the irs to bring more muscle on so they can go after taxes. the tax reduction act the senate passed over the weekends gives the irs $80 billion to add agents to their roster spending money to bring in more money. this is six times the current annual budget of the irs. half of the $80 billion goes to inflation efforts, having auditors pour over taxes with a fine tooth comb to make sure they re paying their fair share. we also empowered the irs to go after wealthy tax cheats so that we collect taxes that are already to you and owing from very wealthy people that try to hide their income. not contribute to the country. the white house and the irs commissioner insists that audit rates for anyone making less than $400,000 will not increase. but last year half hoff all irs audits were people making $75,000. republicans say there s no way that the irs can guarantee that a bee
would get. the former president called this release today a total public relations subterfuge. the doj says that premature disclosure of more of this information could have a negative impact on their continuing investigation. here s president biden asked about this investigation, which he s been careful to keep at an arm s length publicly moments ago. the president said he declassified these documents. did he declassify them? i ve declassified everything in the world. i can do it all. come on. i m not going to comment. i ll let the justice department take it up. that a short time from the president. bret baier is standing by. first to david spunt, our reporter covering this live at the justice department. good afternoon. good to see you again, david. what is the latest? interesting document. 38 pages. here s page 30 and 31, which you can see. you can consume some information. then there s page 15 and 16. so it just depends on which page you look at. there is some new
misdirection or ignorance when it comes to inflation. charles payne weighs in. sandra: america reports with new details from the police just out in the last few minutes on the suspect arrested in the disturbing and deadly shooting that rocked a small north shore chicago suburb celebrating the 4th of july. i m sandra smith. police say robert crimo, iii, attacked his parade route, and he dressed in women s clothing to escape after the shooting. sandra: the gunman firing more than 70 rounds with adults and children running for their lives, when they realized what they were hearing was not fireworks. we will be joined with more in a moment. sandra: grady is live in highland park, illinois, and vigils announced as well by the mayor of the small town. what s the latest, grady? shocking developments from the press conference just a few moments ago. i want to go kind of line by line, officials said it started several weeks ago when the suspected gunman started planning