the i.r.a.going up $500 to $6,500 in 2023, and for those ages 50 and over, they can contribute up to $1500 thanks to the catchup contribution tyler. >> thanks very much. sharon epperson. >> good news there. >>> up next, famed chef wolfgang puck joins us live to talk the state of restaurants are consumers once again taking a seat at the table, or are prices keeping them home that's nex t. the new iphone 14 pro is amazing. the camera is incredible. and you'll get our best deal. nice, but i can't accept it. unless every business gets the best deal. on every iphone. uh, actually... we already do that. the plumber with the ascot! big bjorn, little bjorn, too! the caterer who really cares. every business should get the deal! we make a good team. every business gets at&t's best deals on every iphone. including up to $800 off iphone 14 pro. (♪ ♪) >>> welcome back to "power lunch," everybody. from inflation to labor to food costs and consumer spending, the restaurant industry can be considered a proxy in

who decided that the roth i.r.a. shall be shrunken? it works for the insurance companies. it works for the banks. it denies everybody's grandchildren. host: all right. that was kathleen. we are going to go now to debbie in williamsburg, ohio. debbie, you are calling as an independent. what is your grade for congress? caller: i would give them a b-minus. i actually do be a republican and i have kind of denounced both parties now and i am hoping that we can actually reclaim our congress for our people of the united states. i agree that we should have short term or not life term terms for congresspeople because after they get in there, they're not actually with the lobbyist and big money. they're actually controlled by the people that run big business worldwide. also influences with our allies. we are not -- the people are not represented in this country anymore. there's a few politicians in office and their hands are tied because of the politics. congress should not be a political, it should be more of a system that actually governs our people the way that our constitution w

i.r.a. and chips act democrats felt better.s democratic enthusiasm then the case that reversed roe v. wade at the end of june that fueled democratic enthusiasm and intensity during the summer as we get past labor day, economic issues start to reassert themselves along with crime and border security and along with that economic refocusing you had a pair of negative cpi reports in september for august and in october for september. i think that is fueling voters anxiety about the economy and ultimately that is what typically drives elections and we're going back into a normal election cycle where economic anxiety, especially in this economy, with price hikes the way they have been over the last year or so has really been fueling a republican resurgence at the perfect time for republicans going into the election >> brian, does this mean, then, based upon the analysis you have gone through and some of the polling numbers we saw from nbc that americans will vote more on the economic front than they will on social or health issues for

there is the i.r.a. and the impact in the first quarter. work through price given battery costs and other materials costs issues they are dealing with. remember, 53 fell from 56 the prior quarter. there is a lot of crosswinds h here it does not make an easy investment right now they missed. >> that is why elon musk will have to sell tesla to finance twitter. how does that impact the stock long term? >> the debate is how much does he have to sell? we don't know if it is bitcoin or gold. hit opposite ends of the spectrum i don't know which one is working better today you know, a lot of volatility in the market $15 billion roughly sold might be less than that. it could be more than that he needs somewhere between $5 million and $10 million in equity to close this it doesn't have to come from sales of tesla stock that is the most logical place that will weigh on expectation that will have to come in the next number of weeks and months. 2023 buyback is nice, but i think people would like to see him invest in cash and come out with amazing vehicl

over 80% believe in addressing -- they like the i.r.a., they believe in addressing sensible gun reform agree with what democrats have been delivering on for the last two years. but we have got to talk to them, and we can't think of this as a monolith. there are lots of different kinds of latino voters, lots of different kinds of asian american voters, republicans are also putting a lot of money towards asian american voters. democrats need to do the same, and it talk to these voters, and let them know what we have done. i believe we will get them back. >> i think too many times, people think that people already know what you haven't told them, and need to tell them your positions. and then they can make the connections as to whether they agree and in many cases, the majority of them do. congresswoman jayapal, thank you for being with us, as always. after the break, how we can all rise up and help prevent more storms like hurricane ian, later the supreme court takes up voting rights again when its new term begins tomorrow. the case could gut what is left of the voting rights act. we'll

prices surged making the case for solar more attractive north america a driver, particularly after the i.r.a company wants to build between four and six factories in the u.s. as a direct result of the climate bill and right now they manufacture nothing here so this report is clearly lifting the entire industry, but looking forward as rising rate fears hit solar sentiment, it's important to differentiate between business models and ephase storage and backup products not quite as sensitive to rising rates as say a company that's a residential installer, since they have to access capital markets much more frequently, and sara, is asanova after the . >> meta reporting earnings after the bell a biggy. stock under pressure julia boorstin joins us now. what is the key number we should watch for, julia >> it's revenue growth rather, revenue deceleration analysts expect meta's revenue to decelerate, decline by 5.5% compared to last year. what's key is that's a big change from the prior quarter where revenue declined by just 1% the question here, reason i'm so interested in revenue it will so, a., how

. >> there are a lot of tailwinds longer term including the i.r.a. interest after that was announced. that's completely been erased and the residential solar companies have up until this point said that their value proposition remains, that even if they're raising rates, as long as they raise them less than utility rates raise their rates then solar still looks attractive so they do have that going for them long-term right now, but right now it seems like investors are squarely focused on that rising rate question and of course this industry really developed during a time of easy monetary policy, and so we really have yet to see how they react as rates continue to climb higher. >> yeah, china related and housing related and rate related are tough places to be for any group right now. pippa, thanks very much. >>> shares of tesla it hhitting brakes again today on news of a price cut for some of its vehicles in china. we'll talk to an analyst about whether there's a large demand problem in play. >>> and meta and apple hikes fees when we take you inside

the i.r.a. also allows medicare to negotiate drug prices down. and it does for seniors.lief. -- as we well know has taken drug money and not voted in favor of making sure we lower drug cost for folks here in the state. >> final question, roy cooper is very popular in north carolina. he's a democrat, in a closely divided state, is approval limiting is 60%. what have you learned from his popularity? >> i'm thankful that he's been supportive of my race. but i also know that i've been a tough races before. and north carolina judges run and contested statewide elections. i've been elected -- statewide. i know that we can do this, we're seeing a lot of energy and and more than a diverse state. we're urban and rural, it's important to be in every single one of our 100 counties, it's exactly what i've done to make sure -- and really make a commitment to understanding who we are as north carolina ends, and my commitment to fight for all. of us >> cheri beasley, -- democratic nominee before the senate in that state, thank you so much. >> that's all in on this thursday. night alex

what is the progress on that so far and how much has the i.r.a. helped that? >> those tax credits are targeted, a lot of them at new areas like green hydrogen that have been the very tough areas and sothat will mean that the new companies are building projects here in the u.s the infrastructure build provides some funding for that the breakthrough energy effort called kat list will fund some of those projects so we can make sure they're picking the right technologies that can become very low cost. it's part of the whole theory of rolling these things out and getting their price to come down, like solar energy did or the lithium ion batteries, we need that for seven or eight other technologies to get at the whole scope of the mission so the combination of these new bills plus private efforts like breakthroughenergy catalyst mean that you're going to get to go to a lot of plant openings, where people say, okay, this is green steel, green cement, green hydrogen, and a lot of those will be placed in places where the hydrocarbon jobs will weigh, is people get a sen

she lael fought hard for some of these provisions in the i.r.a. you're going to see the president really showering her with praise for getting this done. >> i can understand that about california, but we know the president will also be making stops california, colorado, oregon. all of these are largely blue states, mike. why do they need the president there campaigning. >> these are blue states, but in a tough midterm election year with all the headwinds that democrats are facing, they're not safe bets for democrats. so michael bennet, who the president appeared with on thursday, facing a tough re-election bid for another term there, the president also heading to oregon tomorrow. they haven't elected a republican governor for generations, but the democratic candidate there, tina co-tech, she's facing a tough race. it's a three-way race with a strong independent candidate who's pulling support from the democrats. the president is doing everything he can, just over three and a half weeks to try to help these candidates. but you also know another rea