Welcome to the lead. Im Pamela Brown in for jake tapper. And we begin with our politics lead. A Giant Step for President Biden as he cheers on 3. 5 Trillion worth of promises made and promises he hopes to keep. Hours after passing the bipartisan infrastructure deal, the senate voted very early this morning to move forward on the president s 3. 5 Trillion budget blueprint. Now, this plan includes a long list of Pricey Biden priorities such as investments to fight against climate change, universal prek creating more affordable housing and changes to the Tax Code just to name a few. The Latenight Vote was only the first step in a lengthy process, which as Cnns Phil mattingly reports, already is turning into a Price Tag Fight within the president s own party. In the past 24 hours weve seen the Senate Advance two key pieces of my economic agenda. Reporter President Biden taking a Victory Lap for the second time just hours after this moment. [ applause ] that applause from senate democrats j
Guidance. Its more in line of what youd see in the u. K. And france and think about the economies and how they changed the past decade. Listen to this. The democratic Budget Resolution is transformational. Probably the most significant piece of legislation that weve seen in decades. Bernie sanders thinks since roosevelt. Hes pushing for big change. Martha take them at their word. Thats what this is, a Transformational Remaking of a lot of the united States Economy in terms of enormous spending. Its going to Government Checks for child care, housing equity, which includes rental assistance. Elder care, climate change, college for free and community colleges. And then you have amnesty in this bill. Tough to figure out how this falls under the Reconciliation Frame when you look at how it will be passed that will go to millions of undocumented immigrants. The president says its to build back better. Look at what is in here. What is in here for american businesses . What will help them get
Consumers friend. Welcome, everybody. Im neil cavuto, this is your world. WhAt To make of a world where Price Increases are proving a little bit more than just transitory. Theyre sticking around awhile. We have you covered from all angles including white House Response to this. Were alSo going to be hearing from Lydia Hu at an Appliance Store with real Price Hikes that shes seeing up close And perSonal And Steve Harrigan at Assumer Market in atlanta. We begin with lydia in new jersey. If youre going into an Appliance Store like if youre going to a grocery store, youll pay through the nose. Lydia . Yeah, neil. Some of the Price Increases that were seeing are upwards of 20 to 30 . Like you mentioned, the Consumer Price Index shows consumers are paying 5. 4 for all goods this year over last year. That is on par with what We Saw last month as well showing that inflation is still very hot. One thing to point out is thAt The monthly increase did slow to half a percent down from. 9 in june, w
Followup human Infrastructure Bill that democrats are pushing to 2 and a half trillion dollars. Details on numbers that were just off the charts, close to A Million Jobs Gain in the latest month. If you include revisions, well over A Million. Jobs are going up Job Pay is going up but so is inflation. Thats really going up and eating away at those gains. We will have the latest from the president and now hes dealing with this and framing all of this and how you are going to deal with this going forward. We have experts what youre seeing at the Grocery Stores in general, thats going to last for a while. So much to get into. So happy to have you with us, welcome, everybody, im neil cavuto. Let get to it. Peter doocy, higher prices coming with it. Peter the president is talking about Infrastructure Package thats being debated. Something critical in his opinion to keep the economy on the right track. He believes that when the government spends trillions of dollars like six or seven months,
Hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. With me are sonia sodha, whos the Chief Leader writerfor the observer, and christopher hope, the chief political Correspondent And Assistant editor at the daily telegraph. We will hear from both of them in a moment. Tomorrows Front Pages, starting with. Lets start with the telegraph. It says that the government is set to drop restrictions for double vaccinated people and reopen the border to European And American Travellers from next month. The Daily Mail reports the words of an unnamed Senior Minister who said that covid is all over bar the shouting after cases fell for a seventh consecutive day. The express carries an encouraging message by a leading epidimiologist and government adviser, Professor Neil ferguson, who says that the bulk of the pandemic could be done by october. The metro Front Page carries the story of a young man, aged 3a, who has died of covid after two weeks in coma. He had refuse