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Scrambling for support ahead of the big vote. Im Edward Lawrence in for neil cavuto. This is a Special Edition of your world. The first of 2023. More on the tax hikes in just a moment. First to chad pergram where the Leadership Drama is unfolding. Chad . Edward, its been 100 years since theres this much uncertainty as to who would be speaker of the house. Kevin mccarthy can only lose four votes, but theres five members that oppose mccarthy and perhaps more. Kevin doesnt have the votes. Theres more than five people. Youll see that as we go into the election on january 3. There was 36 people that voted against Kevin Mccarthy on the conference vote. Mccarthy made a concession last night to those that oppose him. They demanded that he lower the bar for members to ca ....
scrambling for support ahead of the big vote. i m edward lawrence in for neil cavuto. this is a special edition of your world. the first of 2023. more on the tax hikes in just a moment. first to chad pergram where the leadership drama is unfolding. chad? edward, it s been 100 years since theres this much uncertainty as to who would be speaker of the house. kevin mccarthy can only lose four votes, but there s five members that oppose mccarthy and perhaps more. kevin doesn t have the votes. there s more than five people. you ll see that as we go into the election on january 3. there was 36 people that voted against kevin mccarthy on the conference vote. mccarthy made a concession last night to those that oppose him. they demanded that he lower the bar for members to call for a new speaker s election in the middle of the congress. he agreed. some members still have reservations. rosendale called his olive branch disingenuous. you think the package has moved any v ....
Not the most votes. but twice in the 19th century the house changed the rule on the fly to elect a speaker after it struggled for weeks. edward? chad, before you go, are through any other names bubbling up if mccarthy can t win the first vote? andy biggs the republican from arizona will get votes in the first ballot. we re told the republicans that oppose mccarthy will bring out some other candidate. they have not announced who that person is. it s hard to see how they could compete with kevin mccarthy. chad, thanks for being all over it. appreciate it. a divided congress is expected to put a pause on the taxing and spending. but the group americans for tax reform says households need to brace for what just kicked in. it sees new taxes from democrats inflation reduction act driving up your energy bills. despite this, the president s pledge a goon to make anyone ....