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Jeanine Herbst (0:18)
In Washington, I'm Jeanine Herbst. President Trump celebrated economic progress in his State of the Union speech last night, but as NPR Scott Horsley reports, many aren't buying his sales pitch.
Scott Horsley (0:31)
President Trump talked as if there had been an economic turnaround on his watch, but official statistics tell a different story. Economic growth was slower during Trump's first year back in office than it was during the final year of the Biden administration. Job growth was much slower, and inflation has mostly moved sideways, with Trump's own tariffs contributing to higher prices of some imports. The president highlighted some things that have gotten cheaper, notably eggs and gasoline. But the overall cost of living continues to climb. That's weighing the president's approval rating in the latest NPR PBS News Marist poll. Six in 10Americans say the country's worse off now than it was a year ago. Scott Horsley, NPR News, Washington.
Jeanine Herbst (1:11)
Virginia's governor Abigail Spamberger delivered the Democratic response, offering a sharply different take on the health of the country's economy from President Trump's. Spanberger says American families are struggling under his policies.
Abigail Spanberger (1:25)
As I campaigned for governor last year, I traveled to every corner of Virginia and I heard the same pressing concern everywhere. Costs are too high in housing, health care, energy and childcare. And I know these same conversations are being had all across this country.
Jeanine Herbst (1:46)
And in a speech from historic colonial Williamsburg, Virginia, she says Trump is pitting Americans against each other. And she also attacked immigration officer tactics, calling Trump reckless. Paramount is raising its offer for Warner Bros. Discovery, which rejected a rival bid from Netflix, and Pierre's David Folkenflick has more.
David Folkenflick (2:06)
Warner owns HBO Max, hbo, Warner Brothers Studios, the DC Comics franchises, and cable channels including CNN and Discovery. Netflix won over Warner with a bid for the TV and movie studios, the streaming platforms and intellectual property, but not the cable channels, in a deal worth $83 billion. Paramount chief David Ellison started the ball rolling by making a series of unsolicited bids for Warner. He now promises to pay $31 per share, a dollar more than his last offer. The previous deal included debt and was valued at about $108 billion. Ellison has made other concessions, too. Warner has not yet decided the Paramount deal is preferable, but if it does, Netflix will have four days to make a counteroffer. A shareholder vote is planned for March. David Folkenflick, NPR News.
