Scrambling for support ahead of the big vote. Im Edward Lawrence in for neil cavuto. This is a Special Edition of your world. The first of 2023. More on the tax hikes in just a moment. First to chad pergram where the Leadership Drama is unfolding. Chad . Edward, its been 100 years since theres this much uncertainty as to who would be speaker of the house. Kevin mccarthy can only lose four votes, but theres five members that oppose mccarthy and perhaps more. Kevin doesnt have the votes. Theres more than five people. Youll see that as we go into the election on january 3. There was 36 people that voted against Kevin Mccarthy on the conference vote. Mccarthy made a concession last night to those that oppose him. They demanded that he lower the bar for members to call for a new speakers election in the middle of the congress. He agreed. Some members still have reservations. Rosendale called his olive branch disingenuous. You think the package has moved any votes to yes . Yes. What will you
elected me, a simple, humble worker in god s vineyards. for decades cardinal row joseph ratsinger, he battled relativism, what s true for one person might not be true for someone else. happy birthday to you pope benedict s 2008 visit to the united states would be remembered not only for his birthday celebration in the white house, a stop at ground zero and mass at yankee stadium, but also in the way in which he addressed the sex abuse crisis so directly. from the sacred ministry, this is absolutely who is guilty cannot be priest. the sex abuse would haunt his papacy as the scandal unfolded in europe and charged that benedict s record on abuse was mixed and there were other problems as well. benedict offended muslims with a speech suggesting islam could be a violent religion and sparked a global uproar when he lifted the excommunication for four bishops and one of them turned out to be a holocaust denier. a priest having discovered both vocations while growing up
let s talk to steve more about this. steve, the problem is inflation is at decades high. recession around the corner. it s a heck of a one-two punch. you better believe it. the good news is that the inflation rate has come down a little bit the last two or three months, charles. that s good news. we went from almost 9% inflation this past summer to now we re down to about 7.1%. as you just said, that is still the highest inflation rate we ve had in 35, 40 years. so americans are feeling the punch. their wages and salaries have only gone up by 5 or 6%. that s one of the reasons that you reported that credit card debt is going up. people are trying to maintain their standard of living but paychecks are not keeping pace. i m nervous. i think inflation will come down in 2023 from the high rates of 2022. but i also think that the economy shows real signs of slowing down. i pray we don t crash into a recession. but we sure could. charles: steve, that s what i m concerned about.
scrambling for support ahead of the big vote. i m edward lawrence in for neil cavuto. this is a special edition of your world. the first of 2023. more on the tax hikes in just a moment. first to chad pergram where the leadership drama is unfolding. chad? edward, it s been 100 years since theres this much uncertainty as to who would be speaker of the house. kevin mccarthy can only lose four votes, but there s five members that oppose mccarthy and perhaps more. kevin doesn t have the votes. there s more than five people. you ll see that as we go into the election on january 3. there was 36 people that voted against kevin mccarthy on the conference vote. mccarthy made a concession last night to those that oppose him. they demanded that he lower the bar for members to call for a new speaker s election in the middle of the congress. he agreed. some members still have reservations. rosendale called his olive branch disingenuous. you think the package has moved any votes t
is lucky to with alive. i m charles payne in nor neil cavuto. this is your world. we have live coverage in fort myers florida. brandy? good afternoon, charles. we re here at a food pantry where a lot of people have been coming to to get some of those necessities that they needed after the flood waters came through this area. just to quickly paint the picture in the fort myers area, if you came here, you d see a lot of lights out. if you re driving down the road, you have to stop at the red light. there s no signals working right now. a lot of downed trees and those that are still up look like they have the bark just stripped from them. a lighter brown shade right now. it s also very active here. a lot of people driving around, starting to get things recovered out here. i want to bring in mary. she s here with the organization, gladiola s food pantry. you re closing up shop for the day but what have you been providing for people? since the pantry was flooded during the s