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last couple of hours happened as the u.n. security council met in new york over north korea s firing over japan the first time. we re monitoring all of this for response from the west. in our other top story tonight, less than five weeks ahead of the midterm elections, terrible news for president biden and the democratic party. if you are looking at gas prices. as opec plus oil ministers say they will sharply cut production. this comes as the u.s. is dealing with a new surge in gasoline prices across the country coupled with skyrocketing inflation and soaring interest rates. white house correspondent peter doocy has our report live from the north lawn. good evening, peter. good evening, bret. president biden doesn t have any control over what opec does. he asks them to increase production. they decided to decrease it. and now gas prices back home may start rising at a terrible time for him politically. but, as international politics get tricky, the president has a sur ....
Would say you are taking money from mouths of babe to give tax relief to millionaires. we settled the tax question and it s over. for the next two years all we ll do is talk about cutting spending and debt, which is what the american people believed the november 2 election was about. bret: before november you said, the single most important thing we want to achieve is president obama to be a one-term president. some on the conservative side who say with the tax compromise you did the opposite and emboldened his chances to be re-elected in 2012. if the president is willing to do what republicans are for anyway we won t say mo. overwhelming number of republicans voted for the tax relief bill to guarantee nobody s taxes would go up in january. sure, i want the president a one-termer. there are two years between now and then. but if he is willing to do things we d do anyway, we re not going to say no. bret: people at home saying this bill increases deficit ....
Tax relief to millionaires. we settled the tax question and it s over. for the next two years all we ll do is talk about cutting spending and debt, which is what the american people believed the november 2 election was about. bret: before november you said, the single most important thing we want to achieve is president obama to be a one-term president. some on the conservative side who say with the tax compromise you did the opposite and emboldened his chances to be re-elected in 2012. if the president is willing to do what republicans are for anyway we won t say mo. overwhelming number of republicans voted for the tax relief bill to guarantee nobody s taxes would go up in january. sure, i want the president a one-termer. there are two years between now and then. but if he is willing to do things we d do anyway, we re not going to say no. bret: people at home saying this bill increases deficit after election they were concerned about the cutting spending, what do you say to ....