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future rate hikes. the strong number suggesting we have a long way to go to tamp down inflation. dana: nothing to dissuade president biden from more big spending. he unveiled his election budget, $6.8 trillion. bill: more of a campaign stunt than serious proposal. republicans call it dead on arrival. the president begs to differ. dana: team fox coverage an all list from james freeman at the wall street journal. edward lawrence has the latest on the job numbers. good morning. those jobs numbers beat expectations. unemployment rate went up to 3.6 pers percent mainly because more people became unemployed than moved into a job. the people who were unemployed lost a job or finished temporary work. wages in this report are still out pacing inflation. if you look at the wage it is 4.6% year-over-year. that means workers are actually making seeing their paycheck go less far than they did. cpi inflation at 6.4%. the federal reserve is watching the wage growth. higher ....
Irwin joining us with. And kay la, i will start you with. At the windy white house there, as it relates to what were hearing from the Treasury Secretary, and from cnbc language, to Plain English here, what it means. Well, its significant because the Treasury Secretary is saying that as of early june, the federal government wont be able to pay its bills anymore. Its allowed by congress to borrow up to 31 trillion and change, but its going to hit that number next thursday. After that point, treasury is going to be looking under couch cushions to try to finds some additional money. It will be pinching pennies. And it says it will stop contributing or investing into some federal workers retirement accounts, to try to conserve some of that cash in order to avoid reaching that debt limit, or not being able to pay for al ....
steve scalise will be here on the push to impeach dhs secretary mayorkas and now explosive testimony on the border and the illegal drugs that are pouring over it every single day. failed at your jobs, entrusted with the highest level of power at twitter, when you were faced with the new york post story instead of allowing people to judge the information for themselves, you rushed to find a reason why the american people shouldn t see it. we are talking about hunter biden s half fake laptop story. i mean, this is an embarrassment. i think you guys got played by the fbi. john: republican house oversite committee on twitter on hold for a moment due to a power outage on capitol hill. not before sparks flew as lawmakers tried to get to the bottom of why the social media giant suppressed the hunter biden laptop story up to the run-up of the 2024 election. happy wednesday. sandra: we ll let you know as the lights get flipped back on, this is america reports. thre ....
routine training exercise. the helicopters involved were hh60 blackhawks. they can transport a dozen people at a time. fort campbell is the army s only aerial assault division. number of casualties is not known but there are several. we expect to learn more when they address the media under 60 minutes. a big area in southern kentucky goes up along with border with tennessee. the 101st airborne division sent out a tweet minutes ago. this is the latest we have. we can confirm two aircraft from the 101st were involved in an accident last night resulting in several casualties. the focus is on the soldiers and their families who were involved. that s the latest as of this moment. knowing it happened on 10:00 last night. those families are bill: the bulk of that information will come out in the news conference and hold our breath and say our prayers along with u.s. army families involved there and have a connection to that base. stand by. another breaking news story n ....
in the faulkner focus. well, many people are saying there is no way this could actually be a coincidence. lawmakers say it is an example of all-out intimidation by the federal government. republican congressman jim jordan is the chairman on the subcommittee of government weaponization. we still do not have the answers from the i.r.s. about that unlikely coincidence. it appears to be the latest example of the weaponization of the federal government against the american people. harris: matt taibbi testified to that committee on the government s censoring information on twitter. the white house with a game of dodge ball yesterday. i was wondering if you could respond to this taibbi visit by the i.r.s. and say whether it is part of a campaign to harass or intimidate related to the journalism. i have refer you to the i.r.s. harris: i.r.s. has not responded to a fox business request with an explanation. we ll have house oversight chairman comer questions as he com ....