despite the biden administration really trying to do what they can on inflation, another key measure of inflation shows how high it is soaring. the producer price index which measures the prices paid to producers of goods and services jumped 11.3% year over year in june. this is all after what we pay for things, showed inflation at a 40-year high. the white house says congress has to pick up some of the slack. some of the most significant steps we can do right now are things he needs to partner with capitol hill on. there are steps congress could take to reduce some of the big tickets facing families and that legislation has been languishing over there. joining me now is the chief u.s. economist and managing director of fs investments. thanks for the time and good morning. good morning. so let s begin where the white house just left off there. they are saying there s more we can do. one thing is a gas tax holiday. there was a piece that highlighted carter administrati
systematic failures and egregiously poor decision-making resulted in more than an hour of confusion and chaos before police finally confronted and then killed the gunman who had murdered 19 children and 2 teachers. the victims family members got a copy of the report before it went public. vincent salazar, whose granddaughter, you probably remember her picture, was among those young children killed. he reacted with skepticism. we re not going to get the truth. because there is cover-up. everybody s throwing everybody under the bus. the only ones that ain t under the bus is because they re six feet in the ground now, and that s our children. and the two teachers. it is unimaginable heartbreak for these families. it goes on and on. also detailed in this report, major, major lapses in school security leading up to the shooting, including broken locks and a, quote, culture of noncompliance with safety policies. also even poor wi-fi that may have delayed the lockdown alert. we
not done yet the same weather system that brought a drenching thousand-year storm to the dallas area this week now threatening the same in the southeast. pummeling central and southern mississippi with near historic rain amounts, since this morning 6 to 12 inches have fallen across the area, triggering dangerous flash floods, cutting off neighborhoods and requiring evacuations, including dozens of residents escorted from an assisted living facility tonight some 5 million people across the southeast are under flood watches. blayne alexander reports. reporter: tonight in parts of central mississippi, the scenes are dire a desperate evacuation, dozens of elderly residents rushed from a nursing home as floodwaters rush in. we did have full saturation of the ground, so we knew we might have some flash flooding. reporter: so far more than 100 rescues across central mississippi, including this day care center in florence where dozens of children and employees were rushed to sa
through this process that they will schedule hearings should the investigation warrant. the investigation goes on and we have some anticipation that we were closer to the investigation right now. but the fact is, witnesses continue to come forward. so we are reserving the right to do more hearings as these but nurses come forward, and i think hopefully we will have a lot of work remaining to do. one of those witnesses s patrick burn, the former ceo of overstocked.com. he testified before the committee earlier today after his name come up at tuesday s hearing. witnesses for the committee testified that he was at an unhinged oval office meeting in december 2020, along with rudy giuliani, sydney powell and michael flynn. what is a former furniture ceo have to do with january 6th. here s what former white house counsel pat cipollone told the committee on tuesday. [inaudible] and i walked in and i saw sydney powell looking there and i was not happy to see the people in the o
the investigation warrant. we are far from wrapping up our work. the investigation goes on and we have some anticipation that we we re closer to the and of the investigation right now. but the fact is, witnesses continue to come forward. so, we are reserving the right to do more hearings as these witnesses come forward, and i think hopefully we will have a lot of work remaining to do. one of those witnesses is patrick byrne, the former ceo of overstocked. com. he testified before the committee earlier today after his name come up at tuesday s hearing. witnesses for the committee testified that he was at an unhinged oval office meeting in december 2020, along with rudy giuliani, sydney powell and michael flynn. what is a former furniture ceo have to do with january 6th. here s what former white house counsel pat cipollone told the committee on tuesday. i opened the door and i walked in and i saw general flynn and i saw sydney powell sitting there. i was not happy to see