Inflation Warnings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

i'm -- that's annoying but soft alarms on your smartphone. no. i mean one of those really obnoxious alarms that you might hear a few rows back on the plane. turn that off. but you can't turn this alarm off. and as much as we might all want to wish it away, it's clear with less than three weeks until the midterm elections, the forecast is doom and gloom. and maybe that's why president biden today gave not one, but two, speeches on the economy. >> families are hurting. you've heard me say it before, but i get it. it's been a rough four or five years for the country, but a lot of folks ...

the news continues, cnn with jake tapper starts now. >> welcome to cnn tonight -- i'm jake tapper. tonight the economic alarms are blurring, and i don't mean one of those vaguely known but soft alarms on your smartphone. [noise] no, i mean one of those really have noxious alarms that you might hear if you are he's back on the -- turn that off. but you cannot turn this alarm off. and as much as you want to wish it away, it is clear that with less than three weeks after the midterm elections, the forecast is doom and gloom. that is why president biden today today gave not one but two s...

that. this morning, lots going on. all eyes on the high-stakes meeting at the fed as the economists worry a recession is already here. hey, everybody. good to see you on this tuesday morning. we have a busy washington this morning. the biden administration desperate for legislative wins. might be on the cusp of several. that is, of course, if congress can get it all done before the summer recess. democrats trying to get major bills across that finish line. you have a computer chips package. and then a bill protecting same-sex and interracial marnls and a major development in the ju...

we may not have a republican senate primary winner until next week, and when we do, it might trigger a recount. the president responding to the baby formula issue with action. the government forcing factories to speed up production. this as mothers are near a breaking point. >> when i get to work in the morning, i look for formula. when we're finally sitting on the couch for an hour at night, we're looking for formula. >> your mind doesn't stop thinking about it. especially at night. i hate to say. i've lost a lot of sleep. >> up first for us, pennsylvania's slow but critical elect...

$2 trillion -- trillion with a tri- -- to continue to ease the pain of the pandemic. that included hundreds in billion of direct checks to americans. at that time, it wasn't just republicans. it was also former clinton treasury secretary larry summers warning biden this could be too much spending. it could lead to the inflation that we're seeing now. >> i think policy is rather overdoing it, taking very substantial risks on the inflation side. >> but the biden administration poo-pooed the inflation warnings. >> summers added, quote, we're in more danger than we've been in my career of losing c...