state regulators wasting little time to take possession of silicon valley earlier today before a sudden cash crisis risks becoming a bigger one. then just as quickly reassuring investors their money was safe. the fdic taking control of silicon valley bank s deposits and letting customers know that they would have access to their funds by monday morning. it was all meant to avoid a run on the deposits and one that could spread. neither happened today. janet yellen said she was watching silicon and a few other banks she didn t name very carefully. other government officials stressing that silicon s case was very unique. in the case of silicon, it happened very fast after announcing a big loss on the bond holdings earlier this week. most of the bonds were bought long before the aggressive rate hikes that began almost a year ago. meaning those investments were underwear as bond prices declined and silicon was struck. today s strong employment report showing a bigger than expected
his incredible story of survival, nearly a year to the day since a devastating blast from ukraine almost took his life. but first, democrats getting slammed for attacking the twitter files, journalists and an explosive hearing, liberals claim freedom of the press unless it is something that makes them look bad, democrats ripping the reporters who broke the story exposing how twitter worked with the feds to silence free speech. elon musk spoon fed you cherry picked information, which generates another right-wing conspiracy theory. is it true that you have profited since you were the recipients of the twitter files? you have made money? it is probably a wash honestly. no, you have made money you did not have before, correct? but i have also spent money i did not have before. attention, eyeballs, money, all of it points to problems with accuracy and credibility. judge jeanine: the attacks going even further. dems also try to intimidate and demand to know the source o
moment. she has her own ideas on how to reign in spending as america s debt is exploding. let s just say she s not signing on to what the president put out today. welcome, everybody. i m neil cavuto. we have a busy show for you right now, this is your world. let s go to peter doocy in philadelphia where the president outlined his plans that he says are fair to average americans. and in a way, stick to it the rich. peter? and neil, president biden is back of the napkin math reads like, this cut the deficit $3 trillion by raising taxes on the wealthy and on corporations by about 4.7 trillion over ten years. anybody that thinks our present federal tax system is fair, raise your hand. i m not joking. people making $400,000 a year, do you think it s fair? the president is trying to contrast himself with what he calls maga republicans who he says have no plan to preserve medicare or reduce costs. the house republican leadership responded to this all at once in a statement t
biden unveiling his new budget that includes $2 trillion in tax hikes. the president laying out his plan and of course, picking a fight with those evil republicans. the maga republicans want to take away the laws, what they want to do away with the inflation reduction act, maga republicans all voted to get rid of the affordable care act, they voted to get rid of it over 50 times since barack passed it. maga republicans calling for defunding the police department. maga republicans, you know, they don t want things that particularly are going to help oregon families like health care, education, public safety, which can erase cost on folks. look, maga republicans also refused to raise a single penny in new taxes on the wealthiest people. jeanine: but republicans may be the least of his problems. progressives in the democratic party are becoming a major thorn in joe s side. they are slamming the president on crime and immigration. first, biden sided with republicans to block
richest man to buy twitter. that s right. the legal battle is over and the deal is on. the shares after being traded most of the day surging 22%. many interpreted that as a sign that the deals are back and if it can win over the world s richest man, it s off to the races. buyers were in droves. we ll have more on that later. now there s this. nearly a week after hurricane ian hit, rescue crews in florida continue to comb through damaged home looking for anyone trapped inside. the number killed is 79, including 71 in florida. we re all over it with steve harrigan in hard-hit arcadia, florida where they re starting to pick up the pieces. madison alworth in charlotte county, florida where fema is distributing much-needed supplies. and pete buttigieg on the massive job of fixing cause ways and bridges. we have storms left and right and digging out from under them could prove the most expensive task in american history. we begin with steve in arcadia, florida. steve? neil, this