Morning Wire - Friday Afternoon Update | 10.21.22

Episode Date: October 21, 2022

Developing stories you need to know just in time for your drive home. Get the facts first on Morning Wire.    Learn more about your ad choices. Visit podcastchoices.com/adchoices...

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Starting point is 00:00:02 I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley. It's Friday, October 21st, and this is your Morning Wire afternoon update. Due to spiking inflation, the IRS will increase tax brackets for Americans by about 7%. That means Americans may be keeping more of their paychecks and paying less in taxes when they file in 2023. President Biden traveled to Pennsylvania to tout his infrastructure bill. Biden also appeared in Pittsburgh with Democrat Senate candidate John Federman, who is locked in a tight race with Republican Mehmet Oz. A recent insider Advantage Fox 29 poll found that Oz and Federman are in a dead heat.
Starting point is 00:00:40 Researchers at Boston University are now under investigation by the National Institute of Health after the university released a study implying they'd created a new strain of COVID by combining strains from Omicron and the original virus. The study also indicated that the new strain caused an 80% lethality rate in rodent tests. The university is pushing back on reports that they engage in. in gain-of-function research, calling the assertions false and inaccurate. Sales of existing homes fell to a 10-year low in September as interest rates spiked. Sales declined 1.5% in September from the previous month.
Starting point is 00:01:16 The decline comes as the average 30-year fixed rate rose over 7%. At the start of the year, interest rates were less than half of that at about 3%. The European Medicines Agency has recommended the use of the Pfizer and Moderna COVID vaccines in children as young as six months. old. The move comes one week after a Pfizer executive told European officials that the clinical trials had not tested the vaccine's ability to prevent transmission. The Social Security Administration announced Wednesday that Americans can now self-select their gender when filling out records. And Americans will be paying a lot more money to heat their
Starting point is 00:01:50 homes this winter, according to the Energy Department. Heating bills are projected to jump 28% this winter for those who rely on natural gas, which is used by nearly half of U.S. households for heat. Heating oil is projected to be 27% higher and electricity 10% higher, the agency said. Those are your drive home updates this afternoon. To learn more about these stories, go to dailywire.com. And for more in-depth discussion of the biggest stories of the day, listen to the latest full episode of Morning Wire every morning. Also look for this week's episode of Election Wire, which offers the latest election news airing on this feed, YouTube and Dailywire.com, this Sunday afternoon.
Starting point is 00:02:29 From all of us here at Morning Wire, we hope you're enjoying the show. Did you know that if you subscribe to Daily Wire Plus, you can get access to all Daily Wire has to offer? That means news, commentary, documentaries, movies, and so much more. Become a subscriber today. Download the Daily Wire Plus app and take us with you wherever you go.

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