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
sean, i can t even begin to express what an enormous loss this community has suffered here today. i m here at the vigil here in uvalde county and the families that came here to honor those that died, the 19 children that died came here they said with broken hearts with just need to be together in a time of morning. you can see everyone is leaving right now. we got a lot of crowds behind us but i got to tell you, sean, earlier today it didn t matter where i went in this town, people were hugging each other as they were saying you know, i knew a child that went to that school and it made sense. if this is population of just over 16,000 people, so everybody knew somebody. everybody was connected to somebody. i did know somebody in this town. i know a family here that i live only about maybe an hour and 40 minutes from uvalde here in texas and the family was shocked and stunned to discover that a number of people on their daughters softball team had been killed in the incident.
Is a pretty crucial question at the heart of this which is was the government taking concerns about this concrete seriously enough . And what we found out this morning which i think will be really tricky for the government is that ministers were told some years ago that more money was needed to deal with some of these building defects. Considerable increases in can in funding was needed, in fact the opposite happened and funding was reduced and rishi sunak was the chancellor at the time so undoubtedly Prime Minister will be asked whether he took these very seriously enough, whether one of the problem is that is now being faced is that there was not enough funding in the first place. I suppose there is a broader political question at this going to be asked which is has the government Austerity Drive which of course was quite a long time ago now but also some of the ramifications of that, the of that, how is that i had an impact as well . There will be many Opposition Politicians who qui