Leadership doesnt know what ted cruz may do. He may want to stall this process. Do you have any intel, any readings from the mind of cruz . Well, we know hes atetendin the meeting, which is actually a change. He missed a couple gop Team Meetings earlier this week. I talked to a number of his colleagues, senators from the Republican Party, who know him well, who are usually dealing with him in this sort of setting. They tell me they dont know what he will be doing. And why is it important . Because in the senate, any one senator can exercise the right to object and slow the process down. That becomes critical because theres a clock that were all watching. At midnight tonight, we officially hit what the Treasury Department has said is the threshold, the deadline for a debt ceiling. Now, cruz has said publicly many times he would do everything he could to try to make his point. Theres also a school of thought that says he will take a different posture in this. We simply dont know. Weve as
Secretary addressed kansas voters and water rights. Other topics included as an bidens executive order on access to reproductive care, inflation reduction, speaker Nancy Pelosis trip to taiwan, Energy Prices and Disaster Relief for the flooding in kentucky and wildfires in california. Good afternoon everybody. In the wake of dobbs the president predicted people will turn out in record numbers to reclaim rights stolen from them and they did. The ballot measure proposed by extreme out of step republican officials what have eviscerated fundamental rights and access to health care. Republican officials have been very clear, they are pushing extreme laws banning a womans right to choose, many of which do not allow exceptions, even for rape or incensed. They are calling on a national ban on abortion. As i mentioned yesterday the doj bought a suit against idaho, where a near total abortion ban is threatening womens lives. Federal law makes clear doctors must provide Emergency Care, including
When it came to building and maintaining Affordable Housing long before covid19. Back in 2020, a rhode island family earning the states Median Income couldnt afford to buy a home at the median price anywhere in the state. It has only gotten worse since then. Across the country, home prices have risen 13. 4 from last year, with the National Median price now at 416,000. In my state, the Rhode Island Association of realtors reports that the median price of homes sold in june 2022, reached an alltime high of 430,000. Thats 11. 7 higher than a year earlier. A large reason that homeownership is out of reach for Many Americans is that the inventory levels are so low. In recent months, sales have dropped as Interest Rates have increased, but nowhere near a balanced market. In a healthy Housing Market, there is usually 6,000 homes for sale at any given time. Right now our country hags less than a threemonth supply of homes and rhode island has less than a twomonth supply. As potential home buye
Limited choices. And just this afternoon we learned that the possible quarterback of the irs conservative targeting scandal is calling it quits. So now that lois lerner has retired, what does that mean for the investigation . All those stories and much more coming up live on the kudlow report beginning right now. Welcome to the kudlow report. Request im larry kudlow. Were here live at 7 00 p. M. Eastern and 4 00 p. M. Pacific so lets get right to the late breaking developments from the senate. Cnbcs john harwood in washington joins us with all the details. Good evening, john. Good evening, larry. Youre right. The news that both john cornyn and Mitch Mcconnell will not vote to sustain the filibuster that ted cruz is mounting raises the odds that a clean bill will go back to the house, maybe sunday, maybe monday. Now, we dont know whether thats going to play out exactly that way, but we do know that Republican Leaders believe this is a disastrous strategy. If you look at the poll that we
Ceiling. I think we have an obligation to pay our obligations. Have you requested from the office of Legal Counsel of the department of justice, an answer to this question . Congressman, on the question of responsiveness to oversight i very much except i just asked for you to respond in writing to that. Have you asked or your department asked whether or not you can prioritize debt . The question of prioritization is fundamentally a policy question. As your comments reflected, i do not believe nor does any president nor treasury secretary let me ask you to answer my question. I have one minute 54 seconds left. Have you asked the department of justices office of Legal Counsel whether or not you have the authority in the event of not raising the debt ceiling to prioritize debt payments . The issue of whether or not that decision is made is fundamentally a president ial decision. Have you as treasury secretary, your department, requested from the office of Legal Counsel . It would fundamen