making, but silicon valley s implosion is the biggest such failure since the collapse of our entire financial system 15 is years ago.o down next, and we ve got you covered in los angeles with kelly o grady on how all of this happened, at the white house with lucas tomlinson on what they hop next, in washington with former fdic chair sheila bair on why this won t be another financial meltdown, she hopes. and in florida with home depot cofounder bernie marcus who says that doesn t mean this still won t be a big confidence meltdown no matter what happens next. all that and nikki haley on cracking down at the border by sending u.s. troops to the border and a portland, oregon, businessman who was trying to make a living amidst a crime wave that is soaring, and city officials all but ignoring. busy show, busy weekend, and it all starts right now. welcome, everybody. i m neil cavuto. very good to have you. now to the our biggest story, that bank collapse and what it could portend fo
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
george, you not fooling anyone yeah, except i did. now i m in congress. i am jonathan capehart, thi is the sunday show president biden unveiled his new budget proposal this week, a seven trillion dollar plan that in vested billions into affordable childcare, whol care for older or disabled americans, and lowering housin costs. the plan proposes to pay for i by the corporate tax rate to 28% and imposing in 25% tax on billionaires a proposal snl had a little fu with last night. president biden proposed hi budget that would help fun medicare with 25% tax on billionaires take that rihanna! the white house says th plan could cut the federal deficit by a whopping thre trillion dollars over the next decade while still allowing th government to provide for thos who need a little extra help house republicans say the plan is dear way. citing theneed to curb spending due to the debt ceiling. reminder, that is money we v already spent. at the state of the union, the enthusiasti
world. i m kim brunhuber. this is the final weekend before the critical midterm elections in the u.s. we ll tell you what big names are focused and who seems to be resonating with voters. tornadoes are wreaking havoc in southeastern u.s. at least nine touched down in texas. we ll have more in a few minutes. and a crowd sourcing campaign like you ve never seen before, how people in the world are helping ukraine in its war with russia. the january 6 investigation, the u.s. president s domestic agenda, abortion rights, voting rights are all on the line as americans prepare to vote tuesday in the midterm elections. candidates across the board are pulling all the stops in the final week of campaigning. president joe biden will be in illinois with a message on lowering prescription prices and shoring up medicare. and then he ll head to pennsylvania. the president sounded optimistic. here he is. i know you always ask me how are we doing. we re going to win this time around
doing it since he got into office i plan in his budget that woul reduce the deficit even more by three trillion dollars. all while still investing in the american people. childcare proposals, paid leav proposals. you know how you do that you ask the wealthiest in this country to begin to pay thei fair share is it right, the president doesn t think it is, tha billionaires and hundreds of millionaires pay less in tax rate than teachers and firefighters do in thi country. one of those billionaires being rihanna. somewhere between seven and 35 and 927 billion in the country that is a lot of money you could reagan the president s plan is very vocal on shoring up medicare raising taxes on america earners making more than $400,000 a year. where the budget is completely silent on s social security.