[Trailer] Inflation Persists as Government Spends; Concerns Resurface Over CCP Farmland Purchases | Capitol Report

Lawmakers on Capitol Hill are rushing to get a government funding bill through both chambers of Congress—just three days away from risking a government shutdown. President Joe Biden's plan to cancel federal student loans could cost over $400 billion, according to a report by the Congressional Budget Office. With the midterms just around the corner, many say the economy will be on the ballot. Rep. Carlos Gimenez (R-Fla.) joins us to discuss. Democrats and Republicans sound alarms over China. What’s in the letter sent by House Speaker Nancy Pelosi (D-Calif.) and Sen. Chuck Schumer (D-N.Y.) to the president? The vice president visits U.S. allies in Asia. She is in Japan for former Prime Minister Shinzo Abe's state funeral. Hurricane Ian is spinning toward the Sunshine State, bringing high winds and torrential rain. Residents are scrambling to prepare.