white house and peter doocy in saudi arabia. peter, we ll start things off with you. and here in saudi arabia, the leaders of telling president biden they can help expand their oil production capacity, but only a little bit. so, if president biden came here thinking he was going to get saudi arabia to increase their oil production capacity so much that it might lower gas prices back at home, he s leaving emptyhanded. in this era, announced increase of the level maximum sustainable capacity more than 13 million barrels, beyond that the kingdom will not have any further production capacity. so, what this means, they can expand to 13 million barrels a day max, but they re already at 12 million barrels a day capacity. at most they could add the same number barrels a day the president is selling from the strategic reserve and that s not really lowering prices a ton. so, it s unclear at this point if the president was overselling what he said he squeezed out of the saudis.
spending bills with tax hikes that they say only will hit rich, but an independent study may make a lot of you flinch. welcome, even, this is cavuto live. we begin with lucas tomlinson in d.c. on what we know and don t know about what the fbi sized i. reporter: the fbi to be over two dozen dockses from for. the invenn our unsealed yesterday, the justice department says there were 11 sets of classified files including 4 sets of top secret documents, 3 sents of secret documents and 3 sets of confidential documents and 1 set of classify top secret, sensitive, compartmentalized information, that s, of course, highest category of intelligence. the warrant says this about the items taken, quote: physical documents and records constituting evidence, contraband or other items illegally possessed in violation of three potential crime. the list of seized items does not describe them in details, it just lists them. the fbi agents that raided president trump s home were looking for d
amid pilot shortages. the efforts under way now to keep travelers moving amid the summer travel spike. hopefully no alarm for you today because it is the weekend. it is saturday, june 18th. thank you for being with us. always great to be with you christi. we begin with new fears that the u.s. economy is headed towards a recession. yesterday marked the end of a rocky week for wall street after the federal reserve announced the largest interest rate hike in decades. the dow closed down yesterday, s&p 500 finished slightly up. still wound up with the worst week since 2020. let s look at the brighter side for a moment. we learned that wages in the u.s. are climbing at their fastest rate since the mid 80s. the push, the inflation has risen so fast that workers, it actually equates to being handed a pay cut because their pay is not matching up with the percentage of inflation that we re feeling and the things that we re buying. let s get a closer look at the political angle
insurrection, the january 6th committee plans to focus on donald trump s repeated pressure on former vice president mike pence to block the certification of the 2020 election results. remember what trump told the crowd just hours before the attack on the capitol. mike pence, i will tell you right now, i m not hearing good stories. i hope that our great vice president, our great vice president comes through for us. he s a great guy. of course if he doesn t come through, i won t like him quite as much. hmm. the committee s going to make the case trump s pressure campaign directly contributed to that day s deadly violence. new photos obtained by abc news show pence and his family in hiding after the former vice president was rushed off the senate floor by secret service during the insurrection. let s begin our coverage with cnn s ma nu raju live on capito hill. walk us through exactly what we ll watch later today. reporter: the committee will try to lay out the time line
every day problem. code treat maces not shooting at schools, supermarkets and workplaces. divided over abortion. as congress considers what action to take after a threat on supreme court justice brett kavanaugh s life escalates fears of violence but was democratic senator chris coons a close ally of president biden on the bill he is sponsoring to extend security and protection for justices families. republican governor asa hutchinson joins us to discuss the prospects for finding common ground on guns and abortions for will ask her sunday panel what it will take to raise the level of political discourse in this country. as fox news sunday is on the road to the midterms in the pivotal swing state of nevada. ahead of another round of primaries. all it right on fox news sunday. bret: hello again from fox news in washington. it was a week of major challenges for everyday americans. and the elected officials responsible for steering the ship of state. hearings about the capitol