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who are using the power of boxing to help improve the lives of people with parkinson s. good afternoon. the government has defended its sweeping range of tax cuts from criticism that they favour the better off. the chancellor kwasi kwarteng s package of measures include scrapping the top rate of income tax for the highest earners and reducing the basic rate by a penny moves the government says will promote growth. the institute for fiscal studies says the richest who pay the most tax will benefit most from a cut. our political correspondent, helen catt, reports. it s an all out attempt to grow the economy with the biggest tax cuts in four decades. at spitalfields market, in east london, they are taking stock of a mini budget that s signalled a massive shift in political direction. what do you make of moves like reversing the national insurance rise? will that help, do you think? i think it probably will help, yes, to a degree, but it depends what bracket you are i ....
you can see sustained winds are still 45 miles per hour gusting up to 60 miles per hour, still trying to get itself fully organized, but it is going to be heading into a more favorable environment in the next 24 to 48 hours, lower wind shear, lower sea surface temperatures. you have tropical storm watches for jamaica but hurricane watches for areas of the cayman islands. that s because in the short term we anticipate that storm will strength sboon a category 1, maybe a category 2 as it s crossing over the cayman islands. further strengthening is expected as it crosses over cuba and into the eastern portion of the gulf of mexico. then we anticipate it s going to make that right-hand turn back towards florida. at this point, the cone is very large. we are talking anywhere from destin, florida, all the way down just north of key west, still an option at this point. so, basically, if you live anywhere in florida, you need to go ahead and make those preparations just because ....
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this before they head to the august recess on friday. i m john roberts in washington. this is america reports, a slimmed down version of build back better estimated, listen to this, to raise taxes on millions of americans across every income bracket, including, yes, those making under $400,000 a year. this despite president biden repeatedly claiming that it would do no such thing. one thing we are trying to get done in congress, pass legislation that won t raise taxes a single penny for anybody making less than 400 grand. you make less than 400, you will not pay a penny in taxes. make sure we pay everything without any one making under 400,000 paying taxes. sandra: rebranded as a way to reduce inflation across the country. a new study claims it will do the exact opposite and make the inflation situation even worse. john: all of this comes amid a potential crisis in asia. tensions rising with china as reports circulate that house speaker nancy pelosi could arrive ....
student loan could cost over ten years. the white house is struggling to answer who is exactly paying the tab for the millions of college students off the hook. john: you don t have todd s number on speed dial, john? i ll pass it off to you. sandra smith in new york. biden administration sticking to their line of defense that the plan is fully paid for, even comparing the handouts to covid loans, even though the pandemic assistance was intended to be foregiven. john: biden facing backlash with a growing number of democrats distancing themselves from the controversial hands outs. i think a targeted an i approach right now, people making 30, $40,000, didn t go to college, they need help as well. it does not help people who have already paid off their college debt. a band aid step, a point in time step. not yet contending with the root issue, which is the affordability crisis of higher education in our country. sandra: or bipartisan political panel is on set an ....