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FOXNEWS America Reports July 7, 2024

america reports on this friday. white house getting good news on the jobs market but will a massive spending plan send the economy into another tailspin, making an already bad inflation problem even worse? hello, everyone. i am sandra smith in new york. jon: i am jon scott info john roberts. the labor department says the u.s. added 528,000 jobs last month. the on employment rate also falling slightly to 3.5%. both numbers beating expectations. wages are still largely out of step with the rising inflation. now more than 200 economists, 230 to be exact, warning democrats their social spending bill will make high prices in this country even worse. jon: senior economic advisor jared bernstein joins us. first, congressional correspondent chad pergram has the latest on the spending bill. good afternoon. democrats say this bill will help with inflation. more than 200 economists warn congressional leaders that the u.s. is in a dangerous crossroads. they argue the bill ....

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FOXNEWS Americas Newsroom July 7, 2024

from a historic visit by the house speaker nancy pelosi prompting threats of fierce retaliation out of beijing. good morning. it is tuesday. dana has the day off today. i m bill hemmer. welcome back, sandra. good morning. glad to be with you. i m sandra smith. this is america s newsroom. those chinese fighter jets buzzing taiwan airspace amid local reporting now the speaker could be arriving there in a matter of hours. bill: she would be the highest ranking u.s. official to be in that island in 25 years. china sees it as a slap in the face saying the u.s. should not support a country that beijing views as a breakaway province. the white house has not confirmed her trip but maintains it will not be intimidated. here is what nfc spokesperson john kirby said just this morning. we gave her advice and counsel and gave her information and we re helping with her transportation. this is her decision and we support and respect that decision. what we have said is there ....

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FOXNEWS FOX and Friends Sunday June 4, 2024 12:01:00

Pergram here with a fox news alert, showdown in the senate. lawmakers engaged in a voterama all night long over dozens of amendments. ing. carley: all this as senators continue to argue whether inflation reduction act will do anything to help ease inflation. will: chad pergram is live at the capitol, and he has the latest. good morning, chad. reporter: burning the midnight oil turns into burning the daytime oil. democrats need all 50 of their members to vote yes to pass this bill. vice president harris, she had to break a tie just to get on to the bill last night. listen. on this vote, the yeas are 50, the nays are 50. the senate being equally divided, the vice president votes in the affirmative, and the motion is agreed to. the clerk will report the bill. reporter: the bill costs $433 billion, much of it devoted to climate policy. bernie sanders saying the bill ....

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FOXNEWS FOX and Friends Sunday June 4, 2024 11:02:00

$433 billion, much devoted to climate policy. it includes $739 billion in new revenue. republicans say the bill gives too much power to the irs for enforcement. many gop members agree with sanders. the whole bill is a lie. the american rescue plan should be called the american recession plan and this inflation reduction act is a lie. it is not going to reduce inflation. in any meaningful way. reporter: susan collins says agencies like the irs should bring back employees in person. the senate began the vote-a-rama at 11:15 last night. so far senators have taken 18 roll call votes. senators knew a long night was ahead. and here s what the penn wharton school of business says. that it has a negligible impact, sorry, kind of late but we ll have breakfast together, i will ....

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FOXNEWS FOX and Friends Sunday June 4, 2024 10:03:00

Midday today. senator collins had a statement about irs workers. this reconciliation bill is culmination of year of negotiations of democrats pursuing a stripped down version of the build back better bill. this one dubbed by democrats as the inflation reduction act. $433 billion new spending emphasis on climate provisions. health care costs. raising 739 billion in taxes. democrats say the point is to ease inflation. republicans are doubtful and so does senator bernie sanders. i want to take a moment to say a few words about the so-called inflation reduction act, and i say so-called, by the way, according to the cbo and other economic organizations the study this bill it will in fact have a minimal impact on inflation. ....

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