talking to people about how they are coping with rising prices. join they are coping with rising prices. us at 9.30 at the we join us at 9.30 at the fire station. we have an audience full of fascinating people from all walks of life who will be talking about the cost of living crisis and how it is affecting people who work and live in the city. join us at 9.30. and i m annita mcveigh at westminster where at 12 o clock, liz truss will face questions from mps in the house of commons for the first time since the almost complete reversal of her economic plan. and as inflation hits double figures, downing street refuses to commit to increasing state pensions in line with prices, which would be breaking a manifesto pledge. obviously we take manifesto commitments incredibly seriously. the chancellor will be making a statement in just over a week s time, where he will set out all the plans for taxation and expenditure and government budgets. hello and welcome to bbc news, with mejo
cavuto. glad to have you on a busy weekend. let s go first right now to lucas tomlinson traveling with the president in delaware where the president s spending the weekend. what s the latest there? reporter: good morning from a breezy wilmington, delaware, neil. many pundits believe this is not a good week for the biden administration, mainly because of to peck if +announced cuts to oil production which is sending gas prices higher. first, let s look at the job numbers are released yesterday. about 23,000 jobs were added, but while unemployment rate dropped to 3.5%, neil, economists say that s due to a decrease in labor force participation. the news sending markets down, the dow dropping 2.3%, losing 600 points. president biden spoke yesterday in heavierstown, maryland haverstown, maryland. our economy created 263,000 jobs last month. that s 10 million jobs since i ve come into office. that s the fastest job growth at any point of any president in all of american histor
welcome to 10:00 a.m. eastern hour, my friends. i m erica hill. voters will decide who will control congress. president biden announced he ll give a major speech tonight. a lot of big names hitting the campaign trail. former president obama is in arizona today. former president trump stumping for republicans in iowa and both expect to be it s liz cheney making waves in michigan with her endorsement of a democratic candidate, elizabeth slot kin. if we want to ensure the survival of our republic, we need to walk away from politics as usual. we are americans above all else. we re told the president s speech will be about protecting democracy. mj lee is joining us with details, all of this coming on heels of what prosecutors have said was a politically motivated attack of speaker pelosi s home and her husband paul was the one who was ultimately attacked. what do we know? president biden s schedule has been officially updated to reflect the speech he is going to be giving