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FOXNEWS Fox News Live July 7, 2024



all 50 senate democrats supported the bill with vice president harris casting the tie-breaking vote. the bill will now head to the house to where democrats also hold a razor-in majority. what does this mean for the next steps? let s get right to chad pergram live on capitol hill with the details. reporter: arthel, a political high wire act. all 50 democrats sticking together and then leaning on vice president harris to break the tie to pass a touchstone of president biden s legislative agenda. the yeas are 50, the nays are 50. the senate being equally divided, the vice president votes in the affirmative, and the bill as amended is passed. [cheers and applause] reporter: the senate began voting at is 1:30 last night, finally approving bill after 16 hours and 38 consecutive roll call votes. it s been a long, tough and winding road, but at last, at last we have arrived. i know it s been a long day and a long night, but we ve gotten it done. today, after more than a ....

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FOXNEWS Fox News Live June 4, 2024 20:06:00

Have a minimal impact on inflation. arthel: so the nonpartisan congressional budget agrees, the office agrees saying its effects will be negligible. so what will the bill do? let s bring in economist peter morici, former u.s. international trade commission chief, also business professor at the university of maryland. so, professor, unemployment rate is very low, 3.5%. gas prices dropping. less than two months ago the national price per gallon of gas was $501, today it s $4.08. a recession may or may not be looming, but inflation is still at a record high of 9.1%. so i ask you, what is driving inflation rates, and if this bill with doesn t bring inflations police station down inflation down, how will it help americans in their pocketbooks? well, it will hurt americans in their pocket ifbooks, and it will increase inflation. be clear about in the. ....

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