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hobbes. "state of the union" starts right now. ? prices surge. more bad news on inflation just weeks from election day. >> folks are still struggling. we can't kid ourselves about that. >> how long will prices stay high? and will voters trust the president to fix it? white house economic adviser cecilia rouse is next. midterm match-ups, as voters start to cast their ballots, we'll look at two key contests. arizona governor's race with republican kari lake and democratic katie hobbs. >> i'm proud of the work we did in 2020. >> as biden makes a swing out west -- >> i love being in ...

Inflation reduction acted which you called a victory for the american people. core inflation is still at its highest level in four decades. polls show, as you know, that the economy is a top issue for colorado voters. so why isn't the inflation reduction act reducing inflation? >> well, because the elements of the inflation reduction act aren't going to kick in for a while, dana. the cap on drug prices for seniors and the requirement final, finally, overcame pharma of the requirement that medicare negotiate drug prices on behalf of the american people, capping insulin at $35 a month. these are...