u.s. district court in los angeles, california. hunter biden is there as we speak. he s being arraigned formally on the nine federal tax charges. prosecutors are alleged that he engaged in a four-year scheme to avoid paying millions in taxes. we re on top of that. i m neil cavuto. glad to have you with us. let s get to it with kelly o grady who is there and how things are going now. kelly? neil, the hearing is expected to get underway any minute now. this is going to be hunter biden s first appearance in court over these charges. he arrived at the courthouse behind me roughly 1 1/2 hours ago or so. it was very much in contrast to yesterday s chaos on the hill. the arrival was planned. he was driven in to underground parking. today he s facing nine charges of tax evasion, three of those will be felonies. according to the indictment as you mentioned, he failed to pay $1.4 million in federal taxes from 2016 to 2019. he did, however, spend millions on a lavish lifestyle. there
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pace we saw in november. here s the thing. the federal reserve wants to get inflation down to 2% clip. so you can see there that they re nowhere near that. of course the white house quickly responds and says it used to be running north of 9% clip back about 18 months ago. that is true. we re not there yet. some say this sign of expectation of cut in rates, that might not happen right away. so a lot of confusion there. suzanne clark is the u.s. chamber of commerce ceo. very good to have you. what do you make of that? do your members start thinking to themselves, gosh, we thought we had this inflation issued a dressed and now it might be bubbling up. when you look at this number, it s one month, one data point. nobody wants to read too much into it. you re right. these are families and small businesses that are seeing real pain. real pressure in their pocket
significant changes politically speaking in orange county. you mention orange county to me, i think of the sort of rockbed conservatism and i think of your belinda nixon, the birch society coming out of that era. but it s changed. it s changed dramatically. the orange county was the old orange county we think of pre-1971, it was rock ribbed conservative republicanism that was exemplified by the political views of john wayne, that does not exist anymore. it s much more diveers politically, minorities, ethnic groups have a much stronger voice in orange county today than they did then. as we saw in november, when the last remaining republican members of congress were turfed out by the voters, it s become right now a 100% democratic delegation in congress.
of this. can you tell us what you and your colleagues were doing? did you think that you were how did you have the presence of mind to record this? did you think that you were in danger? huh? sorry? did you think that your life was in danger? we were so scared. we were so scared. and then just would not believe that this kind of thing happened again in jakarta. i mean, our economy started to grow, everything is starting to be in places. and can t believe this thing happened again. it s really a setback. it s truly terrible. handi, thank you for sharing your video with us. and your eyewitness account. we re happy you re safe. let s get to chris. all right. alisyn, what we re seeing in this style of attack and the frequency has a lot of experts worried. obviously it s like paris what we saw in november.