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prevents the worst possible crisis, default for the first time in our american history, economic recession, millions of jobs lost and protects key priorities, accomplishments and values that congressional democrats and i fought long and hard for. president biden and house speaker kevin mccarthy have a deal to raise the debt ceiling in exchange for spending cuts. we will go through what is in the agreement and the reaction from lawmakers on both sides of the aisle. we have new reporting on the evidence that manhattan prosecutors have in the hush money case against former president donald trump. also ahead, the latest from the war in ukraine following the largest drone attack yet by russian forces on kyiv. good morning. it s 8:00 a.m. on the east coast on this monday, may 29th memorial day. i m jonathan lemire. joe, mika and willie will be back with me live tomorrow. let s dive into the news. in washington, a deal has finally been made over the debt ceiling. we ha ....
relief has touched down and it s on the way for the millions of parents struggling to feed their children. just under two hours, ago the first shipment of baby formula arriving in indianapolis from europe. 78,000 pounds of baby formula being taken off that u.s. military plane and put on two fedex trucks for distribution across the country amid a shortage. agriculture secretary tom vilsack shaking the hands of the u.s. military members who helped transport that much needed formula. the first of several deliveries to come, in fact. the secretary told reporters just how quickly parents could start to see formula back on the shelves. i ve been told by the fda commissioner that in a matter of a week or so, we should begin to see some supply. but of the course of the next several weeks, we should see an ever increasing supply. so i would say certainly with the next 30 days we re going to begin seeing the situation. we re going to go right to nbc s meghan officials at th ....
Which put inflation at 50 to 80%. now it s more like 100%. that s why when we talk to voters, they have said there s one issue in this election and it s the economy. i spoke with some of them. here s what they told me. [indiscernible] the prices are always getting higher and higher. we re actually having a hard time trying to live. my friends think they are not going to do well in turkey and they are looking forward to go abroad to europe and so on. reporter: given that erdogan did prevail, this was still the most formidable challenge he has ....
Lifetime. children not being able to eat. ~ ., ., , ., ., eat. we are all getting used now to rice eat. we are all getting used now to price shocks eat. we are all getting used now to price shocks like eat. we are all getting used now to price shocks like bread eat. we are all getting used now to price shocks like bread and - eat. we are all getting used now to price shocks like bread and cereals| price shocks like bread and cereals at 14.5%, meet up 1515.3% and milk, cheese and eggs up 24%. that hits hardest for the poorest families who spend a larger chunk of their incomes on food. in this cost of living crisis, those poor enough to collect universal credit had seen their incomes drop in real terms below pre pandemic levels. food prices are surging, partly because supplies couldn t meet demand as the global economy recovered from the pandemic, especially after the war in ukraine disrupted the global supply of wheat and sunflower oil. and now, because devaluation means you now n ....
Today at 1: we re live in sunderland, finding out how businesses, families and households are coping with the cost of living, as prices rise at their fastest rate in a0 years. an increase in food prices pushed inflation above 10% in september. the rich are getting richer and the poor are getting poorer. children not being able to eat and things like that. the prime minister confirms that pensions will rise in line with the inflation figure as she faces questions in the commons for the first time since the chancellor u turned on her economic plans. economic credibility, gone. ....