not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the you know what it feels like when you buy things. consumer prices are up substantially. fastest pace we ve seen since 1981 back in reagan years. you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages aren t rising at the pace of inflation. you look at a pay cut of 3.6%. if you crunch the numbers inflation is costing the average american household $500 a month. setting on fire every single month because you aren t getting anything for that $500. bill: questions now including this how did we get here? many economists blame out of control government spending along the way. democrats are passed more than $3 trillion in new spending under president biden and they aren t taking their foot off the gas as they look to revamp build back better. let s go to mark meredith live f
we will not, let me say it again, we will not allow iran to acquire a nuclear weapon. john: tough talk as iran emerges as a big focus of his middle east trip. sandra, hello do you again. sandra: hello to you. israeli prime minister and president biden signing a joint declaration, pledging no nuke for iran. john: israel urging the united states to put a deadline on the talks and threatening the use of military force. iranian president reportedly firing back shortly after that saying i tell the americans and their regional allies the iranian nation will not accept any crisis or insecurity in the region and that any mistake made in this region will be met with a harsh and regretable response. sandra: the biden team set to head to saudi arabia with a list of goals in hand, with energy security topping the list. officials say they should be looking state side instead. we think texas is a lot closer than saudi arabia and president biden does not need to be travelling
the presidents of doctor kevin o connor that says he is feeling well, continued to feel well strict isolation measures for the doctor adding this the present continues to be very conscientious to protect any of the executive residence, white house, secret service and other staff whose duties require any of the socially distance proximity to him. this as a present is a monitoring speaker pelosi s trip from here in the residence having canceled today s trip to wilmington and a trip to michigan on tuesday. it comes amid tensions arising with china after threats possible pelosi stop in taiwan with note such a visit officially on her schedule. the speaker and a delegation only confirming stops in singapore, malaysia, south korea and japan. but might, the prospect potential short is contingent draw criticism from republicans, watch. quick i do not know why speaker pelosi signal her tip trip to taiwan so far in advance of the chinese an opportunity to respond this way for it is outr
things are going to happen if the political climate does not change. the statement coming in his first interview since the raid on his florida compound last week. the former president telling fox news digital he will do whatever can he to help. also tonight the justice department wants to prevent the unsealing of the affidavit used to justify the search warrant request. it says the fact that this investigation, quote, implicates highly classified materials further underscores the need to protect the integrity of the investigation. and exacerbates the potential for harm. if information is disclosed to the public prematurely or improperly. there is also a reference in the doj filing to federal rule 6 e. that signifies a grand jury. experts look at this say it may be a part of a concern trying to protect the identity of a witness or witnesses who are assisting in this. and perhaps other investigations. all of this comes as congressional republicans are pressing hard for addition
white house and peter doocy in saudi arabia. peter, we ll start things off with you. and here in saudi arabia, the leaders of telling president biden they can help expand their oil production capacity, but only a little bit. so, if president biden came here thinking he was going to get saudi arabia to increase their oil production capacity so much that it might lower gas prices back at home, he s leaving emptyhanded. in this era, announced increase of the level maximum sustainable capacity more than 13 million barrels, beyond that the kingdom will not have any further production capacity. so, what this means, they can expand to 13 million barrels a day max, but they re already at 12 million barrels a day capacity. at most they could add the same number barrels a day the president is selling from the strategic reserve and that s not really lowering prices a ton. so, it s unclear at this point if the president was overselling what he said he squeezed out of the saudis.