this, of course, despite his promise to make saudi, quote, a pariah state. all this as the federal reserve is expected to announce its biggest hike in decades. john harwood is live in philadelphia. john, there is a lot at stake for the president. reporter: a lot at stake, erica, for the president. a lot at stake for the country. as we ve seen underscored by the january 6th committee hearings. the president s biggest political problem is negative public sentiment about high inflation. as you indicated, he is going to say that this is his top priority. mostly a job for the federal reserve, but he s also going to do what he can to try to make a difference on the margins. that s why he is going to swallow his statements about making saudi arabia a pariah and meet with the crown prince, mbs, on a visit in a few weeks. that s in hopes of expanding saudi oil production and getting gas prices down a little bit. he s also here before this friendly audience to talk about the positi
points today. the numbers are dismal on the economy and the reality is, too. i m harris faulkner and you are in the faulkner focus . let s take a look at the dow. again, this has to do with how investors feel now. we dipped into bear market territory. we re no longer running with the bulls and while we don t talk all that much fancy talk on the faulkner focus in terms of money, what it means is your nest egg that you may get through your 401k on your job is not doing what it should be doing right now. don t plan to retire tomorrow. the experts are saying as well that investors are nervous because they can t figure out what s coming next. they know that this could be a predecessor for a recession and a pretty strong one. and that this is happening much more quickly than what the white house and the biden administration had promised america. the treasury secretary janet yellen recently apologizing, as if that would matter. we need action now. what does that look like? the fe
bear market territory. the federal reserve could boost interest rates by .75 point to try to time inflation that has the cost of everything rising. gas is still hovering above $5.00 a gallon nationwide, getting close to $7.00 out west in california. an estimate from moody s shows american households are spending about $460 more per month on necessities than they were one year ago. that means more families are having to make tough decisions just to get by. there s no way. it s cheaper to fly. it feels like you can t catch a break. it s difficult to save up for the things i do need in the long-term. we ll have more on it in a moment as well as the january 6th committee s next public hearing. it was scheduled for tomorrow. it was abruptly postponed. next steps in the senate on new gun legislation, when we could see actual text of a bill and most importantly a vote. we are going to start with the president s address genny moment now, and the economic realities that the coun
dana: dr. mehmet oz and dave mccormick are separated by a few thousand votes. if the margin doesn t get bigger it heads for a recount. bill: pennsylvania s recount threshold, half a percentage point, .5% still tallying the votes and both candidates sounding very confident late last night. when all the votes are tallied i m confident we will win. we can see the path ahead. we can see victory ahead. dana: bryan llenas is reporting live from new hope, pennsylvania. you had a late night. catch us up this morning, bryan. good morning. we re in bucks county, the philadelphia suburban county that put oz over the top. the margins here were better than people expected. oz is currently leading dave mccormick by less than 3,000 votes statewide. the doctor is winning bucks county by some 5,000 votes. the mccormick camp says they re confident that thousands of absentee and mail-in ballots will break their way. perhaps voters chose mccormick before trump s endorsement of dr. oz
task that we witnessed in the last few years have sadly seem to all just blurred together. there was charleston, pittsburgh, christchurch, el paso, and now buffalo. each inconceivably her refix, each inconceivably monstrous, and yet each predicted, and predictable. in the aftermath of the christchurch attack my friend john rough sounded the alarm, connect the dots between these mass killings, so to highlight the visceral hatred that these bad shared for all invaders of their white christian west. the fed off each other s radicalism, explicitly citing one another in their quote unquote, manifestos. they circulated the same beams, the same extremist talking points, and notably as jonathan and i pointed out at the time, they fully embrace the same unhinged conspiracy known as great replacement theory. the insane dangerous notion that white people are being replaced by black and brown migrants as part of a liberal, jewish cabal plot to change america. the innocent people caught