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$4000 a year in income since the president took office. lucas tomlinson s life for us in wilmington, delaware with the very latest, lucas. good afternoon aishah. the dow is down below when present biden took office inflation is up 40 years i the s&p 500 is down 17% this year for president biden s top economic advisor acknowledging the squeeze many americans are feeling. food prices are to hyperinflation is still too h high. the president understands that because his whole focus is defending working families. he knows even with the stronger job market, lower unemployment, he knows of people getting hurt at the grocery line. and present biden took office, inflation was not just 1.4% rate today it is 8.3%. it was already at 7.9% when russian forces invaded ukraine as you can see here. more than half the country says inflation is causing them financial hardship and heartburn. one in four american families are cutting back on spending. some even going down to two meals ....
Once strangers but now they are heroes. Holiday heroes, now extended family members. The parents credit the community with saving them twice. Starting first with a good samaritan. A great samaritan. This family says everything started just before a 2 30 last friday night with an incredible heroic act. He drove off the main street and banged on my door and when i opened the door i was starting to grasp our house was on fire, he just ran up the stairs grabbed my son picked up my daughter and pulled them out of the house. Rita says they have used their fireplace at least three times but on this night the top of the chimney caught fire and spread. The Fire Marshal Office determined a malfunctioning fireplace was the cause. The family says they had just relocated one month ago from qatar and lost everything. We took them into our house to distract them but it was terrifying. Yet, both parents were smiling on camera. We are fine be ....
Learned his fate from a federal judge. Monday night, the big story, a sentence of ten years in prison for a man that spent 20 year yen capitol hill and 17 years before that in harrisburg. The judge said while you have done good you have engaged in widespread criminal activity. The prosecutors wanted a sentence of 1721 years. He was sentenced for stealing money from the government and charity toe pay his sons debt and buy a vacation home. He has to pay 6 million to fannie mae and nasa. Dan, can you put some of this into context of fatahs political career . He was once seen as a rising star of the democratic party. Hes been an inspiration to the younger generation. Today was a painful day. It was a young state senator who entered the race for congressman tate senator fatah, here they are together set celebrating as mayor. To see a friend like that a long standing friend like that go through this process, it was very difficult, very painful personally. He was a mentor to cindy bass. I hav ....
Learned his fate from a federal judge. Monday night, the big story, a sentence of ten years in prison for a man that spent 20 year yen capitol hill and 17 years before that in harrisburg. The judge said while you have done good you have engaged in widespread criminal activity. The prosecutors wanted a sentence of 1721 years. He was sentenced for stealing money from the government and charity toe pay his sons debt and buy a vacation home. He has to pay 6 million to fannie mae and nasa. Dan, can you put some of this into context of fatahs political career . He was once seen as a rising star of the democratic party. Hes been an inspiration to the younger generation. Today was a painful day. It was a young state senator who entered the race for congressman tate senator fatah, here they are together set celebrating as mayor. To see a friend like that a long standing friend like that go through this process, it was very difficult, very painful personally. He was a mentor to cindy bass. I hav ....