more americans are worrying about how they are going to pay their bills. here to react is host of varney and company stuart varney. later on the morning the president is going to outline his plan to fight inflation. what he is going to say is i want to spend $1.2 trillion. ainsley: more spending. to bring costs down. not prices down. costs down. ainsley: what s the difference? he says he is going to subsidize like prescription drugs child care for example. subsidize that so the costs to some families goes down. that helps out those families. that s how he deals with inflation. it doesn t do anything about the price that we all have to pay every day. go back to gasoline, 4.37 on average now for regular. and diesel 5.55. it s never been higher than that and everyone can see it. every time they fill up or a trucker fills up, you see it, you feel it president biden s
charitable causes, that is because roman abramovich cannot benefit from the proceeds of the sale because of sanctions against him. the rest of the many will be used to invest into the many will be used to invest into the club. doubts have been raised about the use of finance from a californian based investment firm. the owner of any others has raised concerns about that. it is not a completely done deal. the uk government and the premier league still need to approve it. who is taoiseach? he is part of the la dodgers, the la sparks and the la lakers. lots of fans have been talking about the deal today and we had been listening to them. once we are inside the ground but i am sure attention will turn to the pitch and getting three points today. you can see more on all of today s stories on the bbc news channel. the next news on bbc one is at 5.55pm. bye for now.
is shelling out more cash these days, and just as we re seeing value meals return to some fast food menus, rising food and labor costs are leading many chains to also hike prices. little caesar s raising the price of its signature hot and ready pizza for the first time in two decades from $5 to $5.55. at pop eye aez you will pay a dollar more if you order the big box deal in person. and domino s pizza also looking to drive digital growth, announcing it s classic $7.99 deal will only be offered online and you will only get eight wings instead of ten. these cost increases are certainly tough to absorb. we are taking some pricing actions, you know, this year relative to our national offers and our franchisees at the local level have to adjust their menu prices and delivery fees. reporter: the ongoing supply chain crisis is impacting menus,
craft heinz. the list prices of our products continue to reflect the costs of our products. sandra, it s true, it s not just kraft heinz. fast food is also getting more expensive. mcdonalds, prices went up 6% last year. the burger chain is squeezed. it s a similar story for little caesars, the famous hot and ready pizza. it s going from $5 to $5.55. domino s is facing the same issue. they re shrinking the number of chicken wings that come in the carry-out deal going from 10 to 8 and keeping the price the same, $7.99. the food industry is battling for customers, trying to maintain a work force and protect margins. the price hikes we ve seen now are not likely to be the last. sandra: thanks, lydia. let s go to bill johnson, the former ceo of heinz. welcome, bill. it s not just your former company raising prices.
you have heineken beer. they are saying they are going to raise their prices courageous amounts. energy costs, crazy shipping rates they say. look at all these other places, burger king the whopper is going up. mcdonald s, big macs, sodas, chipotle, the burrito could be more than $10 soon. starbucks, the beverages are going up. little caesar s that $5 pizza is now 5.55. everything is going up. joe biden is the reason for this. what s your reaction? you are right. you know, you talk about energy. ainsley, yeah. we were energy independent. we were net energy exporter. think about the situation we have right now with ukraine and russia. and the position it puts us in that somehow we now are reliant on oil from all different parts of the world instead of independently here ourselves. it puts us in a very bad position on the world stage. let alone the gas prices going up. but, ainsley, you just talked about the fact that across the