Happening now. Economic anxiety is rising here in the United States as prices

sore and the stock market reels. Now consumers are bracing for the most drastic interest rate height in nearly 30 years.

Also tonight, the White House confirms President Biden will visit Saudi Arabia next month and expects to meet with the

crown prince despite vowing to make the country a pariah. We'll discuss the

backlash over Biden's trip with National Security Council official John Kirby.

And the January 6th Select Committee just released new video evidence after an abrupt change

in the hearing schedule.

This, as we're learning more about a split within the panel

over whether to formally seek any criminal prosecutions including against

former President Trump. We want to welcome our viewers here in the United States and

around the world. I'm Will Flitzer, you're in the situation room.

We begin with the nation on edge right now at a critical moment for the U.S.

economy. Tonight President Biden is making a new effort to calm American's fears while also trying to defend his record.

Here's our Chief White House correspondent, Caitlin Collins.

Inflation, it's sapping the strength of a lot of families.

President Biden acknowledging the pain of higher prices in Philadelphia today.

Gas is up and food is up which we're going to get down come hell or high water.

Biden promising to bring prices down as the worst inflation in 40 years,

consumes his agenda and threatens his party's majority on Capitol Hill.

Jobs are back, but prices are still too high

COVID is down but gas prices are up

as part of a new messaging push the president also ramping up his criticism of Republicans.

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