biden and democrats thought it would be appropriate to hold a massive white house event to celebrate the passage of his so-called inflation reduction act, which actually does nothing to solve the problem. biden bringing 2,000 of his closest friends to the south lawn, including a soothing performance by james taylor. and how about james taylor? a voice that heals our soul and unites the nation and a good friend, exactly four weeks ago today, i signed the inflation reduction act into law. the single most important legislation passed in the congress to combat inflation, the soul of america is vibrant, the future of america is bright, and the promise of america is real. this will cut costs for fam families. help reduce inflation at the kitchen table. jeanine: but it didn t. prices of foods spiked to their highest margins in more than four decades. and biden s tone-deaf event wouldn t be complete without the inaccurate ramblings of good old chuck and nancy. whoa! look at thi
the s&p 500 losing 17 #, the nasdaq fell 633. all of this was sparked by new numbers indicating inflation is not going anywhere but up. any time soon it appears. food prices, other essentials, skyrocketing in the latest cpi report. consumer colonel not far behind. and the president, who is boasting about having inflation under control is facing criticism tonight. we will talk with democratic senator joe manchin in just a moment but, first, white house correspondent jacqui heinrich starts us off live from the north lawn. good evening, jacqui. good evening to you, bret. either the white house expected far better numbers or the person who planned this party had an unfortunate scheduling oversight. gathering democratic lawmakers on a sweltering south lawn on the same day a new inflation reading came in hotter than expected. while the stock market plummeted, james taylor played a song about death on the white house south lawn you can sing this song when i m gone. the day