we ll see you tomorrow. now, it s time for the last word with lawrence o donnell. good evening, lawrence. good evening, alex. i ve got, for me, a very exciting segment coming up. i pulled my hands, the democrats secret plan to cease power from kevin mccarthy in the house of representatives. it says hr 626, so it doesn t look like a sacred document. it has been hiding in the house of representatives since it was filed on january 30th. yeah. and today, we discovered how this secret plan is supposed to work. and the secret agent, the secret legislative agent who introduced this plan is gonna be my first guest tonight. oh, that s great. we re gonna find out who it was, who planted this in the house of representatives, this being the device that can save the country from the fault for the first time in history. and, alex, here s the great thing. i barely understand how this works [laughter] and you know from capitol hill. yeah, here is the level that s at. when i r
i m stephanie ruhle. it is friday and our nightcap is standing b to break down another historic newsweek so, don t go anywhere. but we are going to start this broadcast again back in th city of nashville, where two black state lawmakers were expelled from the tennesse legislature after peacefully protesting against gun violenc in house chamber the former state representative, justin jones, might not be former furlong the majority of the national city council say they will vot to reinstate him until a special election can be held the tennessee expulsions o cause national outrage president biden posting this photo of his virtual meeting who are now known as the tennessee three earlier. vice president harris called the situation undemocratic and dangerous and travel t nashville today to meet with the expelled lawmakers here s just some of what has been happening over the last 2 hours. we called for you all to ba assault weapons. and you respond with an assaul on democracy fr
abortion pill ruling from th texas judge is in. what it means for access acros the country and what comes next and our friday night cap i here with other major storie of the week, and they re mvps, as the 11th hour gets underway right now. good evening once again. i m stephanie ruhle. it is friday and our nightcap is standing b to break down another historic newsweek so, don t go anywhere. but we are going to start this broadcast again back in th city of nashville, where two black state lawmakers were expelled from the tennesse legislature after peacefully protesting against gun violenc in house chamber the former state representative, justin jones, might not be former furlong the majority of the national city council say they will vot to reinstate him until a special election can be held the tennessee expulsions o cause national outrage president biden posting this photo of his virtual meeting who are now known as the tennessee three earlier. vice president harris called the
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
customers have mostly shrugged off the higher menu prices and the revenue has gone up. what s going on there? both of those companies, walmart and mcdonald s are facing higher costs as is practically every company right now. the difference however is mcdonald s has been able to pass on some of the higher costs. walmart can t do that as much because their whole brand is centered around being a low-cost retailer. it s having to eat some of the costs and that s why it s warning about profit. but jake, one thing i should flag, we talked about this recently in terms of the retail sales data. wall mmart warning they re speng more of essentials like food and fuel and that s leaving less discretionary income. the reason that matters to a retailer like walmart is their profits are higher on categories like apparel. their profits are lower on essential categories like food and fuel. that s why we re seeing the profit warning. it s yet another data point, yet another sort of warning n