trillion could soon approach the size of the defense budget. let that sink in, neil. president biden is calling for more taxes on the rich. he speak recently in virginia beach. i want to make it clear, i m going to raise some taxes. any of you who are billionaires out there, you re going to stop paying 3%. not a joke. biden met with kevin mccarthy just once since he became speaker and with a debt of over $31 trillion, many republicans are concerned about potential cuts in national against, a time when the biden administration is arming ukrainian forces with billions in american weapons and with the threat from china increasing. the 2022 and 2023 defense budgets are 3% when the kennedy administration was spending 9% of u.s. gdp on defense, building up the arsenal which the pentagon says is aging and is needed upgrades to the tunes of billions ever dollars. and jfk cut taxes and shortly after his death. that was then. lucas thank you very much. i raised this issue with jo
meet that young women that put norfolk southern represents on notice. she s coming up. but first president biden is set to announce new taxes next week, most are just guessing on what he will be proposing. he says millionaires and businesses will bare the brunt and nobody making less than $400,000 a year with the nation s debt already well over $31 trillion, even some democrats are getting antsy. senator joe manchin telling me, we can t tax our way out of this. i can assure you, you can t basically just tax your way out of debt. you can t borrow your way out of debt. you can t cut your way out of debt. you can do a combination of all of those to a certain extent and manage your debt. we re not managing debt. neil: no, we re not. we re frozen in place right now. stuck at our credit limit with neither party coming up with solutions to advance the ball or get the government going. good luck with that. welcome, everybody. i m neil cavuto. very happy to have you this very bu
call from the white house to a rioter on january 6th. the rioter s identity now revealed. the house select committee is preparing to hold what is likely to be its final investigative hearing. and dissent and chaos are spreading in russia. thousands have been detained amid protests against the war in ukraine as huge lines of cars jammed the borders, packed with russians desperate to escape vladimir putin s new military draft. welcome to our viewers here in the united states and around the world. wolf blitzer is off today. i m alex marquardt here in the situation room . we begin coverage tonight with hurricane ian barreling toward florida, amid urgent warnings and evacuations. let s get straight to meteorologist tom seder standing by in the cnn weather center with a new forecast from the national hurricane center. tom, what is that new forecast saying about ian? the 5:00 p.m. advisory from the national hurricane center, we re seeing an increase in the winds because the p
affiliated media outlet is suggesting beijing should shoot down the plane carrying house speaker nancy pelosi if she does, indeed intend to go to taiwan. meanwhile, a democratic congressman openly saying most of his colleagues believe the president should not run for re-election in 2024. and the biden administration is trying to explain why democrats want a new massive spending bill while the economy may or may not be technically in a recession. previous definitions it is. white house correspondent peter doocy starts off tonight live from the north lawn. good evening, peter. peter: the recession was just a one day news cycle. the press secretary spoke this afternoon for about an hour, never used the word recession officials around here do admit that prices are too high but they insist they are on top of inflation. we have a plan to fight inflation. that s being disputed. the democrats have no plan to help americans who are paying the highest prices in 40 years. steve.
For the rich. when you look at the tax threshold, it for the rich. when you look at the tax threshold, it goes i for the rich. when you look at. the tax threshold, it goes down - these the tax threshold, it goes down these are things that affect real these are things that affect real people. i represent the nine poorest congressional district nine poorest congressional district out of 435 in the nation district out of 435 in the nation. 0urfolks district out of 435 in the nation. 0ur folks are struggling. those tax cuts from 2017 struggling. those tax cuts from 2017 help struggling. those tax cuts from 2017 help increase their wages. what 2017 help increase their wages. what about the rhetoric on things like the border? they re going to poison our blood as they come across, they re murderers , rapists , drug dealers is that 0k? murderers , rapists , drug dealers - is that 0k?- dealers - is that 0k? what s not ok is dealers - is that 0k? what s not ok