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that s been the republican line. now, an actual default would not only hurt president biden it would rattle wall street and risk spreading broader turmoil in the u.s. economy during a sensitive time in this recovery that we re all living through. and i mention that because that may be why all the pressure just started really getting to republican leaders like mitch mcconnell. he is making news tonight as the first to apparently blink in this standoff. i m going to show you exactly what s happening and some of the clues as to why. the context is republicans had said that democrats would have to tackle the debt all on their own or face this potentially cataclysmic default. tonight, mcconnell backing down partly saying he will at least delay all of this until december. mcconnell, of course, brags that he s the grim reaper, but apparently he thought about this and thought better of killing the u.s. credit rating, and move came pretty quickly today. the times reporting it sh ....
his first in person address as a chancellor at a conservative party conference cos he s only been in the job for a little over 18 months. but what an 18 months it s been with the pandemic. almost as soon as he got the job he was announcing an unprecedented splurge in public spending on things like the furlough scheme. expect him today, though, to say his instinct is to be cautious with taxpayers money and cut taxes where possible even though he s had to put them up, and that isn t going down well with some people here. we must always be looking to ensure the money spent by the state is spent officially efficiently, and the tax burden is reasonable, and we are at the upper reaches of the reasonableness of the tax burden. none of us want to see taxes rise. you know, we are a low tax party, we understand that it s enterprise that are going to deliver the opportunities and we need to keep the tax burden low at the same time as continuing to grow our economy. and all this as ....
two new streams of lava threaten further destruction from the erupting volcano. hello and welcome to the programme. tens of thousands of women s rights advocates have been holding demonstrations across the us. they re opposed to a new law in texas that severely limits access to abortions in the state. there are also wider fears the supreme court may soon rule abortions nationwide are illegal. our correspondent barbara plett usher reports from washington. roe versus wade has got to stay, ho ho! hey hey! activists are sounding the alarm. this is the moment when abortion rights face their most significant challenge in nearly half a century from conservative lawmakers and judges. i am very worried. i think it s time for a course correction. we have been doing this for more than 50 years. now we re back here again and it sjust like, when is this going to end, you know? but they are going to keep putting out attacks and we are going to keep fighting them. nobody wakes up in t ....
at one of more than 600 abortion rights rally is place across the united states as people protest against recent efforts by states to restrict abortion access. the queen officially opens the sixth session officially opens the sixth session of the scottish parliament at holyrood. to the new streams lava pose a further threat of destruction as the la palma volcano forces more residents to flee. and coming up in half an hour, the chief of the defence staff discusses the lessons learned in iraq and afghanistan in political thinking with nick robinson. good evening. the situation at petrol pumps across much of britain seems to be getting better. figures from the petrol retailers association show that more than two thirds sites they contacted now have plenty of fuel. however, some filling stations in london and the south east remain dry. the military is due help out beginning deliveries to petrol stations from monday. our business correspondent katie austin has the very lates ....
ireland assembly election. while the counting continues, the leader of the dup conceded this evening that sinn fein will win the vote. a short time ago, sinn fein had 23 assembly members, the democratic unionist party had 22, and the cross community alliance party had 15 seats. 78 of 90 seats have been declared so far. it will be the first time a nationalist party in northern ireland has won the most seats with sinn fein s ultimate goal being for northern ireland to leave the uk and become one country with the republic of ireland. our correspondent chris page reports, and a warning there is some flash photography. it s all over bar the cheering. cheering when the final election result is in sinn fein will be on top. for the first time, a party which is dedicated to taking northern ireland out of the uk is the biggest political force here. it s a huge historic moment for irish nationalism and a massively symbolic shift. sinn fein s vice president michelle o neill is ....