while incomes go down the stock market is plunging that means that retirement funds are getting destroyed, the cost of everything that you buy in every store you go to is continuing to spike. make no mistake economic devastation is here with no end in sight sadly. gas prices guess what? we had another record high today. diesel too another record high and they soon may be a diesel fuel shortage. utilities in this country there up a whopping 22%. fuel oil is up a whopping 80%. used cars are anywhere between 22, 40%. the rep over 13% and by the way when you finally buy one the msrp sticker shock is above msrp is gonna be about massive. looking for a plane ticket? that s up 33%. meat is 14%, ex 22%, milk is 14%. according to economists still need to folk over over 5,000, $200 more per household this year because of joe biden inflation and over $2,000 by the way every american that drives a car they will pay an extra $2,000 on gas prices alone. already as i said two-thirds of amer
Keep going up. Also going up, way up the National Debt are economic gurus are here to dig into the exploding debt and surging Interest Rates which are so intertwined, begin to get into all that. Im david asman and for neil cavuto and you are watching cavuto coast to coast. David our top story today, markets rising slightly to kick off a busy week investors are eyeing both wednesdays Federal Reserve decision on Interest Rates and friday the read on the job market, lets get to read from omb chief economist van skin an option chief Market Strategist alan, great to see you. It is been too long. Vance i want to go to you first, while important the fed decision to investors, a lot of the Interest Rate increases are coming from the treasury visibly trying to sell debt in order to pay for the deficit spending. Isnt that something that we should keep an eye on as least as important the as we do on the fed . It is a pleasure to be with you, you are exactly right, spending way too much in congres
rachel: good morning, everybody. there s nashville, bringing back good memories. pete: yeah, lights were on that bridge. awesome. rachel: good morning to all of you. will, pete. basking in the glow of the patriot awards and i like. will: i like and i liked nashville. hi a thought in the airport and i wonder what you ll say and how you ll react. it s fun, it s cool, and it s coming together in a way that feels like, you know, it s growing really quickly, nashville a lot of people moving in. it s coming together. to dough think people have talked about this, is it headed in the direction of austin? rachel: becoming more liberal and it s got country music which by the way doesn t necessarily insulate you and austin has that too. you live there, is it headed in that direction? pete: i don t speak with a full weight of a local that s been there over time and seen it change. but my experiences and what other locals have said, you get a lot of people seeking sanity coming to nashv
podcast. watch and listen for free wherever you get your podcast. you can also catch the velshi content on youtube. stay where you are. charles coleman picks up our coverage on the katie phang show. it starts right now. good afternoon, i m charles coleman junior in for my friend and colleague, katie phang. live from msnbc headquarters in new york city. and we have a lot to talk about. here is the week that was. let s start in florida where judge aileen cannon held a hearing yesterday. over donald trump s motion to dismiss is classified documents case. now his lawyers are arguing that special counsel jackson his appointment was unconstitutional. trump s legal team is going against president and arguing that a special counsel must be appointed by law and is subject to senate confirmation. judge cannon, however, appeared at least somewhat skeptical of trump s position, specifically taking issue with the notion that jack smith appointment was akin to a shadow government. while
a lot of american c and the manipulation, and that s starting the 2024 election. that s tonight on newsnight good evening. i m abby phillip in new york than november choice is between two old man. we know that, but tonight i want to talk about the joe biden that republicans want you to see and the pipeline of videos that aren t telling the full truth now those videos are probably right now clogging the public consciousness as american start to think about their votes the rnc wants to weaponize questions around biden s age and the follow-up to that question is, is he mentally fit enough to do the job again? it s a question that donald trump hopes is on voter s minds i think you should take a cognitive tests like i did, i took a cognitive test nih the latest video, shoving this question in voters faces, is this one from a star-studded fundraiser? a couple of days ago, president biden that for more president obama onstage waving to this crowd and then there s a six second pa