1981 when ronald reagan was president and battling a recession that seemed endless. a guy names paul volcker was hiking interest rates a full percentage point at a team to squash inflation that proved relentless. when indiana jones was the hottest movie in the country and charles and diana, the hottest wedding ticket in the world. back then bacon cost $1.75 a pound. try more like $7 now. coffee was $2.46 a pound. closer to $6 now. a half gallon of ice cream set you back about $2. nearly trip that will today. some perspective on time and prices. lower and slower back then. faster and out of control right now. we are all over it with lydia hu at a new york city supermarket on how folks are holding up. hillary vaughn on capitol hill where democrats and republicans are digging in. edward lawrence in jerusalem on if those inflation numbers are weighing the president down. why house economic adviser jared bernstein on what costs he sees no longer going up. welcome. i m neil cavuto.
ahead for all of us. plus, after months of crying out for accountability, the police chief who led that botched response to a school shooting in uvalde, texas is fired. hear directly from parents naming other officials they want removed. if you check into a hotel knowing that a chance toof your neighbor to the left and right is a homeless person. that plan to house homes people and the sfeers debate surrounding it. it is saturday, august 27th. we re so grateful that you re starting your weekend with us. good morning, amara. good morning. up first, the new details in the documents. we are learning more information from the affidavit authorizing the search of former president trump s mar-a-lago residence. the heavily redacted affidavit revealing that classified documents found at the residence includes some of the country s most sensitive secrets. according to the filing, authorities had probable cause to believe that classified national security materials were im
former president trump again calling for a special master to intervene after a judge unseals documents regarding the search of his mar-a-lago home. the latest in this legal battle and what we re learning about those classified government secrets. plus, friday free fall, stocks plummeting after fed chair jerome powell promises, quote, forceful and rapid action to try and tame inflation. he says to expect more quick pain ahead. also, cnn rides along with the so-called water police in california. their creative ways to keep homeowners from wasting water amid the devastating drought. and we re going to introduce you to a very special 17-year-old, soaring into the record books after flying solo around the world. he ll join us live. new day starts right now. hello, everyone. good morning. and a warm welcome to your new day. it is saturday, august 27th. hello there boris. good morning, amara. great to be with you as always. up first, we start with donald trump renewing h
during the insurrection. what that could mean for the january 6 committee s investigation. and senator joe manchin breeds new life into president biden s domestic agenda. how this latest string of legislative wins could play into the elections as democrats fight to stay in power. plus, someone might be waking up a billionaire this morning. the latest on the jackpot and where things stand right now. we re so glad you re with us this saturday, july 30th. welcome to new day and welcome to one of my finest people, sara sidner. thank you. buenos dias. we re both miami people. i m not a morning person. you have to ramp up the energy for these early hours. sadly we start with sttragedy a catastrophic flooding in kentucky. at least six people are dead including children. the death toll is certain to rise. the governor andy beshear said it s hard to get a fix since cell service is out in many areas. flooding wiped out homes and cell service in eastern kentucky. our chu
and white house denying that the president brought up genocide during the call on thursday. and the latest developing story from the white house. hey, david. good afternoon to you, aishah and everyone watching right now. the speaker is en route to asia. she has some pre scheduled trips to singapore, japan, south korea, but the big question, the suspense, will she go to taiwan? she wants to go. some republicans who are her political enemies in congress are agreeing with her, they want her to go. some democrats are saying don t go. the white house is being mum on it, but the communist party in china is saying absolutely do not go. listen. well, i don t remember talk about my travel because as some of you know it s a security issue, it s a security issue for every member of congress travelling, especially abroad, but for the speaker, it is additional security issue and for those travelling with me, not just members, but staff, et cetera. it s an interesting issue because