So what's the common definition of a recession?

The lead starts right now.

Traditionally, two successive quarters of negative economic growth has been deemed a recession.

And confirmation of that ugly reality came today, but the White House insists the job

growth is too strong for this to be recession.

And they're saying Senator Joe Manchin may have a fix to inflation.

We'll talk to a top economic advisor to President Biden.

Plus, outrage on the Hill Republicans block a bill to help sick veterans

a bill that most of them already voted for.

This is an embarrassment to the Senate, to the country, to the founders,

and all that they profess to hold dear.

Committee and veterans advocate John Stewart is here standing up for veterans

and explaining why this could literally be a matter of life and death.

Plus, right now the January 6th committee is interviewing high profile names

from Donald Trump's White House, and they're in talks to speak with even more.

Welcome to the lead I'm Jake Tapp.

When we start today with our money, lead in heightened fears that the U.S.

economy is on the verge of a recession or is already in one.

The numbers released this morning show the U.S. economy shrank.

For the second quarter in a row, that is the common definition of a recession.

And this comes just hours after the Federal Reserve raised interest rates once again,

forcing Americans to pay more for things such as mortgage loans or credit card bills.

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