$4000 a year in income since the president took office. lucas tomlinson s life for us in wilmington, delaware with the very latest, lucas. good afternoon aishah. the dow is down below when present biden took office inflation is up 40 years i the s&p 500 is down 17% this year for president biden s top economic advisor acknowledging the squeeze many americans are feeling. food prices are to hyperinflation is still too h high. the president understands that because his whole focus is defending working families. he knows even with the stronger job market, lower unemployment, he knows of people getting hurt at the grocery line. and present biden took office, inflation was not just 1.4% rate today it is 8.3%. it was already at 7.9% when russian forces invaded ukraine as you can see here. more than half the country says inflation is causing them financial hardship and heartburn. one in four american families are cutting back on spending. some even going down to two meals a day
the next ten years but some economists say the total will be much higher. welcome to fox news live i m mike emanuel. analysis from the university of pennsylvania found it could rise to more than a trillion dollars over the next decade while many wonder who is footing the bill. lucas tomlinson live from the white house with the latest. good afternoon, lucas. lucas: good afternoon, mike, $1 trillion is roughly the gdp of mexico. now many republicans in the sunday talk shows pushed back on the president s plan, of course, saying it s probably against the law. new hampshire governor telling cnn, quote, it s inherently unfair and fairly illegal and, quote, adds hundreds of billions of dollars of time where we are trying to bring inflation under control. something the plan in effort by president biden to buy votes ahead of the midterm elections in 2020, about 60% of 18 to 29-year-olds voted for biden but last month the number of young voters supporting biden had dropped to just 38%
unleaded gas, 24 cents per gallon of diesel. the national average for regular unleaded hovering around $5 a gallon. lawmakers in both parties say they aren t really certain this would make much of a dent. south carolina senator tim scott is skeptical. unfortunately the way that gas is ticking up every single week, that reduction in price is eliminated in about 12 days. what we need is to have certainty and predictability so that those energy producers feel like they can invest billions of dollars to extract the energy from the soil so that we can use it in our tanks. all we re doing is playing a game of moving things around but not actually impacting the marketplace long term. harris: that s why i question does it help biden s politics more? americans are changing travel and commuting plans to save on gas. while the president is busy fighting with the head of a major oil company. wait a minute. which direction does he want to go in here? does he really want to help us? bi
Harris thats why i love them both. They are real, those two women. My coworkers. Fox news alert. Americas National Security is underthreat and the current president s Border Crisis Hags led an increasing number on the terror watch list. Millions of unknown, unvetted border crossers, Cartel Driven Fentanyl and underground network of sex trafficking. If our nation will stand, a chance at any point, then we have to stave off this wave of crime and peril. We need leadership who will lead. Chuck schumer, the top democrat, is about to hold a test vote on the same border bill that failed earlier this year. It was created as a bipartisan bill but republicans are saying the effort is worse than doing nothing. They pressed the point it is all a political gimmick to boost vulnerable democrats in an election year. Live from washington, d. C. , in the battle to secure the border on this day, im Harris Faulkner and you are in the faulkner focus. For now a second time the legislation all but certain
Thats yankee stadium. This is live, New York City. And already already New York University is bracing for jewish hate protests as their Graduation Ceremony is underway at yankee stadium. They knew that some protests might happen. They are ready for this. They are. But does it change anything for those students who really this is their special day . Well be watching. There has been an explosion of antiisrael hate on our Nations College campuses ever since october 7th when the Hamas Savages Invaded Gaza and killed israelis on their side. There was torture, rape, you know the story. And years of hard work now for these students potentially marred by agitators who come from different parts of the country. There is outside money mixed in because of all the tent encampments weve seen. We never real ohno what well get. Free speech is welcome but all the rest, the threats on jewish lives, that sort of thing not protected by free speech. We dont know what well get here. Nyu is bracing. Im Harri