back and forth. we will keep an eye on both of these stories as they are unfolding right now. so looking for a good place to watch the super bowl? if you happen to have $299 5 million to spend 295 and need a 21-bedroom mansion in bel air, this might be the one for you. the most expensive u.s. residence ever listed is going up for auction at the end of the month, so let s find out if taxes played a role. maybe the owner moved to texas, i don t know. real estate specialist katrina cam pins joins me now. is this the point of buying this, that you can show that you can buy this. this is obviously a masterpiece, it can never be created again, but everybody is purchasing real estate to hedge against inflation, so i think the economic trends of low
not stimulus. when we re talking about bbb and some of the spending that biden wants to do, it s really about long-term spending. it s long-term investments in american families. so i group up as the daughter of two grocery workers, and i ll tell you, they certainly would have liked help with chair childcare with their childcare, prescription drugs, those are long-term things that are boeing to help going to help americans long after the inflation has settled. i think we ll see changes in the short term, and with biden s package, changes in the long term for family, families. d. edward: it s still spending though. brandon, inflation s at 7.5% year-over-year, costing every american family about $276 a a month. so why is inflation a tax on workers living paycheck to paycheck? what we re seeing is good jobs numbers, we re seeing increased wages, but right now inflation is outpacing those gains. so even as people have a little
necessities. we re working to bring down prices where they re not totally what families, in fact, have to pay now. reporter: and how much more are families paying? compared to 12 months ago prices for meat and eggs are up 13%. poultry up almost 10%. milk up 6.8%. bread up just under 6%. coffee up 8.6%. and consumers also a paying a whopping 40% more for gas and 10 % more for electricity 10% more for electricity. sticker shock across the board putting a lot more pressure on consumers edward? edward: e yeah. thanks, claudia. now, the president saying spend more to lower costs. national taxpayers union president brandon arnold and get trialed and company s dan geltrude. dan, when the government spends more, does inflation come down? talking about costs, but inflation? absolutely not. so the government juices up the
we re going to see reduction in inflation and turn-around for this country. edward: and the taxpayers may vote. and thanks for coming in, an important discussion, thank you all. a live report from sofi stadium, where they re beefing up security for tomorrow s big game and why in could be the most expensive super bowl for folks watching from home next. veteran homeowners, need a financial boost? the newday 100 va loan lets you borrow up to 100% of your home s value and take out up to $60,000 or more. give them a call. veteran homeowners, newday wants to help you use your va home loan benefit to get more. more cash, more savings, more peace of mind. the newday 100 va loan lets you borrow up to 100% of your home s value. up to $60,000 or more. veterans are saving an average of $615 every month. with more ways to help more veteran families,
what could be left is a more progressive democratic party. could this be a result of the midterms, do you think? it could be. obviously, it s hard to tell exactly how the midterms are going to go, though it s not looking great for democrats at this point. especially with so many people announcing their retirement. but really, if democrats do decide to continue pursuing this path of leftism, it s going to spell political defeat for them in november and even past that into 2024. it s just not a viable strategy long-term. biden has found that out the hard way this past year and they re going to continue learning that if they don t change strategies. edward: sure. and kaylee, you talked about inflation a 40-year high. that s a top issue for voters. how could inflation specifically impact the midterm elections for republicans and democrats? we know that voters care about economic issues that directly affect their wallets and inflation is hitting people hard right now. gas prices are con