coming days to bolster his very high stakes endorsements in that state. dr. oz for senate and congressional candidates jim bognet. president biden is in wilkesbury, pennsylvania today. that is lucerne county. this is a huge swing district in pennsylvania. it went from president obama in 2012 and turned for trump in 2016 and again in 2020. president biden would like to see that home turf of his go back to the blue side. so we re waiting for the president s remarks moments away as the controversy continues to boil over his decision to bail out millions in student loan debt. sean duffy and david asman is here with me. but first, we begin with peter doocy who has had a busy week. hello, peter. martha, the white house is really not providing a lot of detail about how this student loan debt forgiveness is going to work or who is paying for it. they spent a day last week explaining it s going to happen but now most of the talk is coming from outside the house. i think a lot of w
i am considering dealing with some depth reduction. i am not considering $50,000 of debt reduction. but i am in the looking at whether there will be additional debt forgiveness. are you close to making a decision on the data? yes. jesse: president biden and expected to keep his word on canceling student debt, so get ready for a subsidized liberal arts degrees. announcing the decision to raise $10,000 to student loans for earners making less then $125,000 per year. that s a lot. it s a move that one actually erased debt, but instead transfer the burden to you, the taxpayer. even some libs think it is a bad idea. as obama s treasury secretary larry summers points out student loan debt relief is spending that raises demand and increases inflation. it consumes resources that could be better used helping those that for whatever reason did not have the chance to attend college and will be inflationary by raising tuition. the biden spin team trying to downplay that narrative
a story about the power of kindness and on relenting courage in a time of war and it has been targeted for removal from school library shelves. the velshi banned book club convenes this morning with r. j. palacio author of the powerful graphic novel white bird. velshi starts now. good morning. i am ali velshi. it is saturday may 14th, day 80 of the invasion of ukraine and the war that is not going as putin planned or as anyone expected. the consequences of the war of choice on the neighbor, both intended and unintended, are now out in the open and on display for the world to see. there is a global economic toll and ramifications for the world food supply, ukraine being one of the largest producers of green in the world. we will dive into this later on in the show. other consequences are more direct and visual with ukraine being altered. entire cities, towns, villages, big and small, ruined and erased from the landscape. tens of thousands of people have been killed in th
good morning. it is saturday may 14th. according to the latest survey, americans view inflation as the top problem facing the country right now. this is no surprise as the price of everything is rising. there s a lot more going on behind the scenes. i want to get in to it with gas prices. it rose averaging $4.42 a gallon, according to the automobile association. a top $4 per gallon in every state, well above $5 a gallon in california and hawaii. this leads us to the discussion of crude oil prices. the biggest factor that affects how much you pay at the pump. over the past 20 years, it s important to look at it overtime. the price of crude has had peaks and values. you can see the rise starting in 2002, then the fall after the 2008 recession, then another sharp fall in 2014, and then another in 2020, the beginning of the corona pandemic. oil falls when people use less than the world produces. now let s go to socks. i prefer to focus on the s&p 500. it is a better representatio