announced by his predecessor, kwasi kwarteng, in last month s mini budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in the commons later this afternoon, some time after lipm. before then, there will be an urgent question in there will be an urgent question in the commons asked by sir keir starmer. it will not be liz truss responding to that, it will instead be penny mordaunt. so plenty ahead in the commons. in terms of the market reaction, jeremy hunt said that he had sought to reassure the markets this morning and
strong leader, karl rove says it s bad. very bad. the president is out of touch, and that s the thing that that is worst from from a political perspective for anybody worried about democratic chances as selection is looking like they don t get it and he doesn t look like he gets it. when it comes to 2020 for nearly 1/5 of voters and the president s own party say they d like to see a different candidate on the ballot. the list of democratic candidates ducking and dodging questions on a potential biden reelection bid. well, look at it. it s three rows deep now. ah, just a few examples here. are you encouraging him to run again? i m encouraging him to focus on what s right in front of us. do you think president biden is the best candidate in 2020, for my focus is totally on this november, the country would be well served by a new generation of compelling, well prepared, dynamic democrats to step up working on my own election, and that s all i m focused on. right now. the preside
you are watching bbc news. next it s time for ian hislop s 2022 in conversation with amol rajan. even by recent standards, 2022 has been a tumultuous year in news. russia launched a war in europe. her late majesty queen elizabeth ii died just months after her platinum jubilee. and britain went through three prime ministers and even more chancellors. one man who s tried to make sense of it is ian hislop, whether on tv or as editor of private eye s fortnightly magazine and latest annual. i visited his office for a conversation not just about recent news, but also why it s been a turn off for some and why we need proper journalism more than ever. ian, thank you so much for talking to me and to bbc news. let s start, if you re happy to, with a few kind of reflections on this year, because in recent years the news agenda has often felt pretty crazy. yeah. ..and overwhelming, but this year, even more than most, we ve had war in europe, the death of her late majesty the queen, we ve
circle. and i didn t do it, be if it did happen, there s nothing to be ashamed after. that was a short lived defense. to a report that he paid for a former girlfriend s abortion. we re going to go through his evolving denials on that developing story. good morning, and welcome to morning joe. it is friday, october 7th. we have pulitzer prize winning columnist from the washington post, eugene robinson. ed luce is with us. officer at princeton university, eddie glaude jr., and jonathan lemire is with us this morning. mika, we were going to get into the news i just saw ed there. i saw a little smirk on ed s face. and i just have to talk about it. you know, ed, we have an expression, we ve always had an expression when people have congratulated me for anything i ve done, i go, well, i m the tallest building in schenectady. your headline, i love this, america is history s most successful failing state, i would define what you re describing here, i m an upstate new york guy
demonstrations take place in south western iran to mark the 40th day of mourning since a nine year old boy was killed during anti government protests. you re watching bbc news. now, ian hislop s 2022: in conversation with amol rajan. even by recent standards, 2022 has been a tumultuous year in news. russia launched a war in europe. her late majesty queen elizabeth ii died just months after her platinum jubilee. and britain went through three prime ministers and even more chancellors. one man who s tried to make sense of it is ian hislop, whether on tv or as editor of private eye s fortnightly magazine and latest annual. i visited his office for a conversation not just about recent news, but also why it s been a turn off for some and why we need proper journalism more than ever. ian, thank you so much for talking to me and to bbc news. let s start, if you re happy to, with a few kind of reflections on this year, because in recent years the news agenda has often felt pretty cra