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Tests and understandably they will want to look at the detail of any deal as against that test, and i hope that they feel able to support a deal. their support is vital to, for the next domino to hopefully many would say get the stormont assembly back up say get the stormont assembly back up and running so that is critical here. if the dup dont back the deal with labour still back it? ourjudgment is that any deal that emerges will be better than what we have got now. i was in londonderry a view ...

Impacts on the economy. remember, everybody stop spending on services. they were their homes for a year or more. they wanted to buy grills and office furniture. they were working from home. suddenly started splurging on goods. >> speaking of splurging, one democrat not so happy though about the 2 200 maine lobsters brought in for the fancy state eted "biden should take the time to meet with the maine lobster man. his administration is regulatint of business." >> trace: ashley strohmier, thank yo...

Nber put together a committee that studies all the numbers and decides if there is a recession, what i can tell you the numbers show us is a strong economy last year is now slowing. >> all right. also joining us now, christine thank you so much, also joining us now, cnn business correspondent rahel solomon, senior political analyst john avlon as well. rahel, what are you tracking here? >> i was looking more closely at what we were seeing in consumer spending. were seeing consumer spending slow b...

Why would it be a surprise that people are pulling back on big ticket items? >> well,s is not a surprise. we expected people to pull back a bit. we bought a lot of stuff already to alleviate the monotony of work from home, school from home, and the quarantines that we all lived so long in the pandemic. so some of that was expected. now were seeing more of a deceleration. compensating on goods has already declined. well get more on that on friday. the gdp, it will be a very strange thing where we...

Finances right now than anyone else in the world. >> interesting that it was already sort of baked in. and you give us a realty check on actually how consumer behavior sometimes doesnt match the reality of all of the hoopla around these things. >> people are complaining about rising inflation, about rising interest rates. but when you look at the numbers, people are spending like crazy. on vacations, on goods, on services. people are complaining about i call it the sourpuss economy. they are com...

Although monthly inflation rates have substantially declined from where they were just four or five months ago. but what we are really seeing is the impact of the covid pandemic has severely disrupted economic activity. its hugely boosted spending on products, on goods, and diminished spending on services. its created an enormous demand for semiconductors and the supplies, although they have increased, are -- have encountered bottlenecks. and its really caused some inflationary increase in recen...

Done. this latest miss, though, likely raising serious questions abroad about his leadership. the u.s. president actually delayed his flight to italy to go to capitol hill thursday and pitch progressive democrats on a framework for his other huge initiative, that major social spending bill. progressives, while not ready to budge, still say they remain hopeful. >> we are going to pass both the bills. >> how long do you think its going to take? >> i think we can pass it pretty quickly. >> do you t...

Coming days or weeks, madam secretary, president biden will have passed nearly $5 trillion worth of legislation in just the first ten months or so of his presidency. why is that level of spending still necessary when the u.s. is recovering from the covid-19 pandemic? >> well, you know, i want to distinguish between the $1.9 trillion that was in the american rescue package and whats proposed in the infrastructure package and the build back better package thats under consideration and reconciliati...

He had been telling lawmakers in the oval office meetings over the past two weeks that americas prestige was on the line if he shows up to these summits without a deal. some of the participants said he actually locked eyes with them and told them, went around the room one by one and told them that he needed this bill before he arrived. well, yesterday was really an attempt to force a vote on this. these talks have slogged on weeks, months even. he made an effort in the east room to tell democrat...

With his former attorney michael: and you hear somebody say "any other tapes, mr. president?" the president was on topic the tariffs. >> this is a lot about politics and distraction. your point is remarkably important. when you look at shifting the european markets, you look at some of the other european -- you look at the changes in economic factors, the value of our trade with them versus the trade deficit which is north of i believe $153 billion annually. look at the millions of dollars we pu...