expecting. and while the increase was slightly less than the annual gain in march, inflation remains near a 40-year high. americans are still squeezed by higher costs in just about everything, which includes gas, which hit another record high yesterday, jumping 3 cents from tuesday. the national average for regular gas is now $4.40 a gallon. in a statement, president biden said quote, while it is heartening to see that annual inflation moderated in april, the fact remains that inflation is unacceptably high. as i said yesterday, inflation is a challenge for families across the country and bringing it down is my top economic priority. joining us now, to talk about this, and so much more, business reporter at axios, hope, great to see you again. so americans are continuing to reckon with this historic inflation. the numbers cooled a little bit in april, but they re still really high. what sort of trend does you see? is there an end in sight? as you can imagine, a lot,
if you take gasoline out of the equation, which are the next two bars toward the middle of the screen, you can see without gasoline, the cpi was up 0.4%. gasoline is back up, right? we ll come to back. 0.4% versus 0.6%. on the right, you can see exactly joe s point. when the april survey was taken, gasoline had kind of dipped down for a little while. it is now back up, as i heard willie say earlier, $4.40 a gallon, a new high. i was actually in california earlier this week, and i you know, without even needing to go to the gas station but driving along, you see $6.50 gasoline, station after station. california is a special case. you didn t pump your own gas? i didn t on this day. usually i do. did you inspect the gas being pumped for you and look at the prices? you just have to drive down a street, and you just see it.
something that would see them the way through. carley: a lot of people say for them elections are really going to be all about the economy. obviously, we are talking about gas prices at a record price of $4.40. there was a recent report thateo living paycheck to paycheck right now. and because of inflation, americans are spending an extra $5,200 a year. how is inflation impacting you and your community? well, honestly, as much as i m on the road now, if it weren t for the fact that i work for an employer who covers my gas mileage, it would be i don t know how most people can make it right now the way things are going. inflation has really put a pinch on everything. when you see $5.50 or higher across the nation, the truck drivers that are paying that the companies having to fit that bill, they are not willing to
regular castling hitting $4.40. and parents are panicking to bind baby formula they can afford thanks to a nationwide shortage. todd: lucas tomlinson with the crises and the president passes the buck on but we began with matt finn live on the ground in ukraine, matt. todd and carley, nearly $40 billion ukrainian aid package includes important funding for weapons, intelligent support and defense as well as $8 billion for the united states to replenish its own equipment that it has sent to this country. here is the speaker of the house. desperately accelerates the campaign of poor and brutality, mr. speaker, horror and brutality in ukraine, time is of the essence. that is why we are so pleased to hear that we could proceed immediately with this bill today. with the new $40 billion measure is the largest foreign
inflation over the past year plus. i should mention carley k and another record high price $4.40 for gasoline the price of gas of 50% from a year ago. even steeper rates with diesel, $5.55, which, of course, truckers across the country. the price of these web nearly 78% from a year ago. putin attacked the republicans. the ultra maga plan the ultra maga agenda. i never expected the ultra maga republicans who seem to control the republican party now to have two controlled the republican party. many republicans $.1.9 trillion coronavirus package the president signed into law two months after taking office. he said today, for example, as you pointed out, that he bears no responsibility