call inflation reduction act will not only lower cost for consumers but will not raise taxes on the middle class. republicans argue it will not help you alleviate inflation and it will take money out of people s pockets and hurt americans across a number of key sectors. chief congressional correspondent chad pergram is live on capitol hill and he has the latest for us. good evening, the senate waited all day but the past hour the senate got a text, the bill is 755 pages in length, democrat plans to pass the bill overnight. this is one of the most comprehensive impactful bills congress has seen in decades. it will reduce inflation, lower prescription drug costs, fight climate change, close tax loopholes and reduce the deficit. all gop members of postville, that s right democrats need all 50 of their members to vote yes. vice president harris could be needed to break a tie. republicans call the bill a farce. let s start with the bills title. inflation reduction act, it
According to the U.S. Bureau of Labor Statistics data, prices for household cleaning products are 22.21 percent higher in 2023 versus 2010. That's a $4.44 difference in value.
the country s housing crisis betting shops in the flats and houses, let s head straight to westminster and a political correspondent was little more about michael gove s plans. it will make do it existing policies which the government wants to build more on inner cities government wants to build more on inner citie , ., ., , ., , inner cities there is a real problem with housing inner cities there is a real problem with housing and inner cities there is a real problem with housing and the inner cities there is a real problem with housing and the problem - inner cities there is a real problem with housing and the problem with housing supplies and young people trying to get into their housing market struggling to find places to find homes where property is expensive like london and cambridge but the government to saying what it wants to do is push more house building to look at ways they can convert commercial premises and abandon shops orfood can convert commercial premises and ab
of thing, doesn t it? exactly, we need housing supplies right now. it s one reason why home prices have been going up. housing is a good example of this upside down economy. on the one hand prices are going up in the bushes of inflation and only like that and on the other hand if you already own house and you ve got a good run the past couple of years in terms of the value of that property going up. we would be in a better situation and the economy if there was more permitting and building for housing supplies to take the pressure out of these inflation numbers. jon: so volatility is the name of the game in the markets for the month ahead. right. people use recession for the word, for me it s a turbulent time. we see it in housing in the stock market and our own