economy in the world, the world, the world. maria, no actually, the economy contracted 1.5% in the first quarter. and now predictions it s about to get much worse as the federal reserve moves to the the raise interest rates again this upcoming week. it s a hurricane. it s right now it s kind of sunny, things are doing fine, everyone thinks that they can handle this. that hurricane is right out there down the road coming our way. i think that we re really heading for lehman-type moment here. i think, and listening to institutional investors, the marks on private ec by equity and venture capital are potentially off by $600 billion. maria: coming up, missouri congressman and house budget committee ranking member jason smith on the president and the democrats agenda and the attacks. then, as higher costs and making ends meet cost american families, the democrats prime time show kick off on thursday night. ohio congressman and house judiciary committee ranking member jim
economy in the world, the world, the world. maria, no actually, the economy contracted 1.5% in the first quarter. and now predictions it s about to get much worse as the federal reserve moves to the the raise interest rates again this upcoming week. it s a hurricane. it s right now it s kind of sunny, things are doing fine, everyone thinks that they can handle this. that hurricane is right out there down the road coming our way. i think that we re really heading for lehman-type moment here. i think, and listening to institutional investors, the marks on private ec by equity and venture capital are potentially off by $600 billion. maria: coming up, missouri congressman and house budget committee ranking member jason smith on the president and the democrats agenda and the attacks. then, as higher costs and making ends meet cost american families, the democrats prime time show kick off on thursday night. ohio congressman and house judiciary committee ranking member jim
the e.u. cutting off 90% of russian oil imports. bill: check out the gas station in l.a. near hollywood. that s not a movie. that s $8.05 a gallon. julie: we need a new word for sticker shock. when you drive up and see that. making matters worse is the nationwide labor shortage. now we are anticipating brand-new numbers out this morning at 10:00 a.m. eastern time. the numbers are expected to show 11 1/2 million job openings in this country. that is nearly twice as many jobs as there are people looking for work. bill: the president repeatedly insisting inflation was transitory. during his administration it has continued to climb and climb higher surging to 8.3% under his watch, which is as we know now, a 40-year high. white house has tried to paint a rosie picture of all this. you saw the president s piece published this week. one member of the president s team is now appearing to admit some fault in all of this. i was wrong then about the path of inflation would tak
kayleigh: hunter biden defies congressional subpoena in a brazen move, skipping his deposion and in a shocking turn of events, he took to the mike pence in front of the capitol to defend himself and his father. this is outnumbered, i m kayleigh mcenany, with emily compagno and molly line, fox news contributor leslie marshall and american enterprise institute marc thiessen. hunter biden blamed maga republicans for targeting him and his family and he said his father was not financially involved in his business dealings. i m here today to answer at a public hearing any legitimate questions chairman comer and house oversight committee may have for me. i m here to make sure the house committee illegitimate investigation do not proceed on lies. for six years i ve been the target of unrelenting trump attack machine shouting where s hunter. here is my answer, i am here. let me state as clearly as i can, my father was not financially involved in my business, not as a practicing
$300 from $400. they didn t get closer to the $618 billion package. the $1.9 trillion bill includes 350 billion for state and local governments and a portion of the money tied to unemployment rates. they took issue with the $130 billion in emergency funding for schools, the majority won t be spend for 1 to 7 years and a third round of $1,400 stimulus checks which will go to felons like the boston bomber. senator tom cotton tried to stop it but every democrat voted it down. senator tom cotton voted in favor of the last bill and we asked for him comment on that. while no republicans supported it, joe manchin sided with the republicans about trimming back unemployment. now the white house is working the phones. biden is ready to go when it passes. our legislative team are certainly not taking anything for granted. they re checking in with officers, making sure they have the questions answered. the house is expected to vote on this tomorrow and then it should head to the pres