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in the history of china. he says now his goal is to be more quickly elevating his military in this next term. that as the generally quiet chinese foreign minister now slamming the united states. if the u.s. does not hit the brake, continues to speed on the wrong path no, amount of guardrails can prevent derailing and there will be conflict and confrontation. martha: our nation s top intelligence officials laying out today the escalating china threat. watch this. we assess that during the course of xi s third term that they will attempt to press taiwan on unification, undercut u.s. influence which they perceive as a threat, drive wedges between washington and its allies and partners and promote china s authoritarian system. martha: with that we bring in general jack keane, chairman of the institute for the study of war. good to have you with us. thanks for being here. feels like between these hearings and the china select committee in the house we re hearing a lo ....
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 state ....
suze orman is out front with answers. just in, the moment a ukrainian soldier takes down a russian jet as we re learning new details about russia training elementary schoolchildren to fight. georgia has another reporting of trump pressuring another official to overturn the election and it comes as trump s former fixer michael cohen testifies before a grand jury in new york. trump s attorney is my guest tonight. let s go out front. good evening. i m erin burnett. out front tonight, fear going global. worry of banking collapses spreading beyond the united states with mega bank credit suisse shares plummeting and a quarter of the value gone in a day and saying it s ready to bail out credit suisse with more funds in necessary and that fear ricochetting back to wall street and the dow down 700 points at one point closed down 300. shares of banks taking another brutal blow. take the regional bank first republic, it lost 20% of its value today. it is a widely respected bank ....
inflation. prices fell dramatically last month for manufacturers. of course, those costs passed down to consumers eventually. the flip side, there are still banking fears simmering, futures way down ahead of the opening bell, you can see there. what all of this means as we get another big decision coming, that is, the feds, whether it will raise interest rates again. plus this morning escalating tensions after an alarming encounter over the black sea, a russian fighter jet colliding with an unmanned u.s. drone. that $23 million aircraft then crashing into the sea and the race is now on to recover it. extreme life-threatening weather continues to hammer both coasts this morning. record rain, swamping california, heavy snow, 3 feet in some areas, burying the northeast. this morning nearly half a million people without power. we are going to get to all of that, but we do want to begin with the economy this morning, this new data that just dropped, cnn chief business ....
funeral service for tyre nichols this afternoon. it comes as details about what happened the night nichols encountered police are coming under new scrutiny. and we re learning more about the past conduct of some of the officers involved. more on that ahead. also this morning, bone chilling weather sweeping the nation. a triple threat of freezing rain, sleet and snow causes accidents, power outages and grounds thousands of flights. parts of the country are bracing for windchills that could dip as low as negative 60. we re tracking this brutal cold coming up. plus, face to face, after a public war of words over our country s debt limit as president biden and speaker mccarthy are set to meet at the white house this afternoon. the expectations according to our us who team could not be lower. what both sides are bringing to the table. and the 2024 gop presidential primary is about to get a little more crowded as former u.n. ambassador nikki haley moves closer to becomi ....