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CNN CNN Newsroom Live July 7, 2024



and explosions and sirens burglary throughout the night as palestinian fire rockets in response to deadly air strikes. we ll go live to southern israel for more on the escalating tensions. well, the crucial part of president biden s ledgislative agenda appears to be closing in on the closing line. it s set to begin today in the senate. the so-called inflation reduction act includes a $369 billion investment in energy and climate programs. it s the largest in u.s. history. the democrats are still waiting to find out if they can even pass this with a simple party line vote. and it all comes after a week of big achievements for the biden administration. cnn s jeremy diamond explains. today we received another outstanding jobs report. reporter: tonight president biden hailing another strong jobs report and promising more relief to americans struggling with stubbornly high prices. today there are more people working in america than before the pandemic began. in fact, ....

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CNN The Situation Room With Wolf Blitzer July 7, 2024



world. i m wolf blitzer and you re in the situation room. we begin this hour with very encouraging news for the u.s. economy. and for the biden administration. tonight the president is seizing on the much better than expected jobs report as he caps a week of unexpected successes. here is our white house correspondent jeremy diamond. today we received another outstanding jobs report. reporter: tonight president biden hailing another strong jobs report and promising more relief to americans struggling with stubbornly high prices. today there are more people working in america than before the pandemic began. in fact, there are more people working in america than at any point in american history. reporter: the unemployment rate dipping to 3.5% as the economy added 528,000 jobs last month. bucking expectations and tamping down fears of a recession. but the strong jobs report will do little to beat back inflation. americans number one concern. i know people will ....

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CNN CNN Newsroom Live June 4, 2024 09:03:00

reporter: on that front, too, biden citing progress. we now have more than 50 straight days of falling gas prices in this country. reporter: gas prices are down 91 cents per gallon from their june peak, and biden appears closer than ever to a big legislative win. with a bill to empower medicare and make corporations pay a 15% minwoman tax. the last democratic hold out, senator kyrsten sinema signing on but annal after democratic leaders agreed to add about $5 billion in drought relief funding and remove a provision that would have elameinated the carried interest loophole. the senate deal and strong jobs report capped a week of political wins for biden that began with the kill of al-qaeda s leader. the mission was success. reporter: a also included a passage of a bill expanding care ....

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CNN The Situation Room With Wolf Blitzer June 4, 2024 22:02:00

But the strong jobs report will do little to beat back inflation. americans number one concern. i know people will hear today s extraordinary jobs report and say they don t see. they don t feel it in their own lives. i know how hard it is. i know it is hard to feel good about job creation when you wlr have a job and you re dealing with rising prices, food and gas and sop more. reporter: on that front, too, biden citing progress. we now have more than 50 straight days of falling gas prices in this country. reporter: gas prices are down 91 cents per gallon from the june peak. and now biden appears closer than ever to a big legislative win. with a bill to invest billions to fight climate change and empower medicare to negotiate prescription drug prices and make corporations pay a 15% minimum tax. this bill is a game-changer for working families in our economy. reporter: the last democratic holdout, senator kyrsten sinema signing on, but only after democratic leader as greed to ....

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