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the news continues, cnn with jake tapper starts now. welcome to cnn tonight i m jake tapper. tonight the economic alarms are blurring, and i don t mean one of those vaguely known but soft alarms on your smartphone. [noise] no, i mean one of those really have noxious alarms that you might hear if you are he s back on the turn that off. but you cannot turn this alarm off. and as much as you want to wish it away, it is clear that with less than three weeks after the midterm elections, the forecast is doom and gloom. that is why president biden today today gave not one but two speeches on the economy. families are hurting, you have heard me say it before, but i get it. it has been a rough for five years for the country. but a lot of folks here are still struggling, but there are bright spots. i get it, folks are still struggling, but one word that you did not hear from president biden today? the word recession. but he did admit a recession was a possibility du ....
liz truss will head to the house of commons this lunchtime for herfirst appearance at prime minister s questions. and i m geeta guru murthy in the studio. also in the headlines this morning. the mother of nine year old olivia pratt korbel appeals to the gunman who killed her daughter to hand himself in. univeral free school meals have been introduced for the youngest school children in wales hello and welcome to downing street, where, behind the inside number ten, cabinet ministers have gathered for their first meeting, collectively, since many of them were appointed last night to the new government of liz truss. the big fourjobs are held by the first time, none of them, by white men although issues of class and education will be picked over by critics. liz truss has delicately altered the balance of this, there s only one minister attending cabinet he was originally attending cabinet he was originally a rishi sunak supporter, michael ellis the attorney general, the man ....
this in the face of current bills. is this going in the face of current bills. is this going to be enough to freeze the cap this going to be enough to freeze the cap where it is now? this £100 billion the cap where it is now? this £100 billion cost, the cap where it is now? this £100 billion cost, this two your package, would billion cost, this two your package, would take billion cost, this two your package, would take us up to 2024, the next election. would take us up to 2024, the next election, which the daily telegraph notes is election, which the daily telegraph notes is more than labour have suggested, would cost tens of billions suggested, would cost tens of billions more than labour, and what is interesting is, how does this fit in with is interesting is, how does this fit in with truss s approach to the economy in with truss s approach to the economy. she s going to fund spending economy. she s going to fund spending with borrowing? bec ....
walker there are a number of volunteer efforts underway, folks here at life, liberty and levin and i and fox news network, are very concerned about you. and i want you to know the nation is rallying in your defense. now before we get to the great guests we hear from joe biden that the choice is between democracy and autocracy, he claims to be on side of democracy and the rest of us on side of autocracy. that has been regurgitated in his media and his party. first, if joe biden knew anything about american history, the framers rejected d democracy and embraces republicanism and constitutionalism, checks and balances, separation of powers, right there in the constitution, right in the federalist papers. i don t expect joe biden who served in senate 36 years and took an oath to uphold the document, vice president for 8 years now the punitive president of united states to c comprehend this. the reason is simple. you cannot be a progressive or as i call american marxist ....
the chancellor has confirmed that the costs of the energy price cap will be funded by borrowing. leaving the eye watering windfall profits of the eye watering windfall profits of the energy giants untaxed. the oil and gas producers will be toasting the chancellor in the boardrooms as we speak while working people are left to pick up the bill. borrowing higher than it needs to be, just as interest rates rise. and yet the chancellor refuses to allow independent economic forecast to be published which will show the impact of this borrowing on our public finances, on growth and on inflation. it is a budget without figures, and menu without prices, speaker, what has the chance i got to hide? this statement is an admission of 12 years of economic failure. and now here we are, one last throw of the dice. one last claim that these ministers will be different. forall the claim that these ministers will be different. for all the chopping and changing, all the chaos and confusion, there ....