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dropping is the price of gasoline. national average hitting $4.40. some states approaching $6 a gallon. dana: that s having a big impact on american families. average household will spend an extra $5,000 this year on gas and groceries alone. bill: stock market dow coming off four straight days of losses amid concerns the federal rate hikes will trigger a recession later this year. dana: yet the president insisting this is not his fault. he is instead pointing the finger at republicans and what he calls their ultramaga tax plan. the architect of that plan calling the attacks a disingenuous attempt to distract. there is nothing that the president said that is in there. what i said is let s get people back to work so they have skin in the game. he was supposed to give his ideas on inflation yesterday. what was the ideas? everybody s else s fault but his. bill: larry kudlow is on deck. first to the white house, edward lawrence has the numbers and reaction there. ....
it s going to kill the country, these prices. they have no choice but to fill up my gas tank and pay this money. there s no other choice. definitely too much. it has to change. hopefully soon. fair, unbalanced and angrier. welcome. i m neil cavuto. this is your world. a more expensive world. trying to find relief in the inflation report that we got out today wasn t as high as it was the past month. year over years it s in and out of 40 year highs. relentless pick up in prices that goes traumatically behind the 8.3% surge that we did see to growing concerns that everything we touch and buy is getting pricy and pricier by the hour, by the day, by the week, by the month amid signs right now that compounding all of this, a supply chain crisis that is likely to keep this extending for months. some fear the rest of the year to come. is that too soon too fast? we re on it. we re also on this vote going on in the united states senate right now to try to codify roe v. ....
wow. americans heard and responded with a resounding ew. bizarre. president biden whew. on defense. over high consumer prices. there you go, inflation in the morning. he says inflation is a top domestic priority. and, again, takes aim at maga republicans. we re going to play for you his new comments and have the new inflation report when it crosses later this morning. plus, a mixed night for trump-backed candidates, with a win in west virginia, but a loss in nebraska. boy, that nebraska loss, statewide, it may show again, it may be easier for donald trump to win in smaller congressional races, much harder, statewide, in states like nebraska. maybe pennsylvania, we ll see. we ll discuss what this says about the former president s hold on the republican party. and ukraine reports new gains in kharkiv, saying it has managed to recapture villages. and is pushing back russian forces. we ll have the latest on the counteroffensive in a region that has c ....
highest level in more than 40 years, but there are some signs in the report things could be turning around, at least a little. senate democrats will move to protect access to abortion, and this preliminary vote expected to fail. more from capitol hill ahead. the house also just approved $40 billion in aid to ukraine. right now ukraine says it s making progress in the northern city of kharkiv and we will go there live. but we will begin with our team covering today s inflation report, and joining us is our panelist, and stephanie, let me start with you. people are getting excited saying it s slowing and not going up as quick as it could, and it s a positive, and it is positive and just because it s not going up it s not going down. as we head into the summer and the conflict with ukraine continues we could see gas prices go back up and that s going to hurt again. people need to be ready for that. carol, the president is on his way to illinois to talk high prices. ....
[national anthem] finish. [national anthem] [national anthem] pete good sunday morning. Welcome to fox friends weekend. We are glad that the you are here. Will cain, again, always, and again day two carley day two pete if carley shimkus. Carley good to see you. Excellent. Finish. Pete if great. I looked over at will, notice if hes worn these socks a up couple of weeks in a row now will is it just two or is it three . Pete maybe two or three will you want to go through it . Ill go through it path. And will acknowledged that he barely made the show today. Carley oh, were airing that out. Will theyve got this skull on them. When i put them on this morning, i just grabbed. Carley you are your socks are, like, teen angst. [laughter] pete they are. Carley fashion choice. Will theyre wool. And i do like a thicker dress sock, carley. I dont like the thin dress sock, pete. Theyre too loose in the dress shoe, so now ive limited my rotation. My alarm didnt go off, i was late so, carley, this is a ....