despite the biden administration really trying to do what they can on inflation, another key measure of inflation shows how high it is soaring. the producer price index which measures the prices paid to producers of goods and services jumped 11.3% year over year in june. this is all after what we pay for things, showed inflation at a 40-year high. the white house says congress has to pick up some of the slack. some of the most significant steps we can do right now are things he needs to partner with capitol hill on. there are steps congress could take to reduce some of the big tickets facing families and that legislation has been languishing over there. joining me now is the chief u.s. economist and managing director of fs investments. thanks for the time and good morning. good morning. so let s begin where the white house just left off there. they are saying there s more we can do. one thing is a gas tax holiday. there was a piece that highlighted carter administrati
is the chart aftermath of a russian cruise missile. you see the panic, civilians and first responders rushing stretchers out of still smoldering wreckage. the pictures are gruesome and all too familiar. the entire building s windows reduced to glass shards, cars battered the kinetic force of the strike. 22 officials say were dead. the death toll so far includes three children. 39 still missing. authorities worn they may need dna tests to identify even more bodies. let s get straight to the scene with cnn s, claim. walk us through what you re seeing and what we know. talk about that kinetic force. here s one example but this is across the street from the blast site you can see how my windows are completely thrown out but barely any survived. people are trying to, who were living in the building, trying to make sure their permits are sealed in. this is the last site itself. this is a building called the house of officers pickets the concert hall. you can see the incredible fo
now. president biden was wrong back in december when he predicted that inflation was at its peak and said this. i think you ll see it change sooner than quicker, more rapidly than it will take than most people think. leader mcconnell is standing by. first, gene sperling. good to have you with used too. the question that comes up again and again is that the messages that we received from all left fields of the white house and treasury have been wrong. so how did you get this so wrong? well, martha, the white house and the treasury department were saying last year and i can t stress this enough, reflected the overwhelming economic consensus in the private sector, in the u.s. and other places around the world. it wasn t so much it wasn t the people were wrong with the facts that they had. it s that things happened after that that affected the outcome. so we had not just delta, but omicron. we had gas prices at $3.31 january 17 when putin first started doing military ex
secretary gina raimondo. plus, the republicans leadership challenge. get murkowski out of here because she s not a republican. how much influence does former president trump have on the gop? maryland s republican governor rr larry hogan joins me. plus, pat cipollone testifies after cassidy hutchinson s explosive appearance. please don t go up to the capitol. we re going to get charged with every crime imaginable if we make that happen. i ll talk to committee member congresswoman stephanie murphy about what cipollone told the committee. elon musk wants out of his deal to buy twitter over a dispute about spam accounts. he s just reaching out to something to blame. we re hear from tara swisher co-host of the box media s pivot podcast. joining me are hallie jackson, daniel la gibba and rich lowry, editor of national review. welcome to sunday. it s meet the press. from nbc news in washington, the longest-running show in television history, this is meet the p
peter doocy has more. the white house sees inflation as a problem but we re in a very good economy. today s economic news confirms the fact that my economic plan is moving in a better direction. the reason the president says that, he sees a low unemployment rate as top above all. right now wages are not rising as fast as the prices on everything else, which republicans say they see as a blinking red light. the problem is that every single day americans are hurting when they re either putting gas in their tanks, trying to put food on their table or trying to pay rent or energy bills. all of these things are out of the president s control. so white house officials say those are the only things that they believe is hindering their economic agenda. remember, this price increase is due to putin s tax highs, putin s war on ukraine. that s why we have seen the increase of gas prices and food. the press secretary says that we are stronger economically than we have been