Inflation Ticks Up in August, PA Fugitive Captured After Nearly Two Weeks, White House Attempts To Control Impeachment Narrative | Sept. 13

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🗓️ 13 September 2023

⏱️ 12 minutes

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Summary

TOP NEWS | On today’s Daily Signal Top News, we break down: The U.S. Bureau of Labor Statistics reported Wednesday that the consumer price index, a key measure of inflation, ticked up 0.6% in August. The Daily Signal’s Fred Lucas is reporting that members of the House Freedom Caucus on Tuesday vowed to oppose another budget continuing resolution without changes, which they said would only promote more irresponsible spending. After nearly two weeks, Pennsylvania fugitive Danelo Cavalcante is back in police custody. The White House is attempting to shape the narrative on impeachment one day after House Speaker Kevin McCarthy greenlit Republicans to move forward with an impeachment inquiry. Relevant Links Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/ Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription Listen to more Heritage podcasts: https://www.heritage.org/podcasts Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm Samantha Cheris, and I'm Virginia Allen, and this is the Daily Signal Top News for
0:06.3	Wednesday, September 13th.
0:08.4	Here are today's headlines.
0:21.2	The U.S. Bureau of Labor Statistics reported today that the Consumer Price Index, a key measure
0:26.8	of inflation, ticked up 0.6% in August.
0:31.8	Alfredo Ortiz, President and Chief Executive Officer of the Job Creators Network, said
0:36.8	in a Wednesday statement that inflation accelerated significantly again last month.
0:42.4	Demonstrating the crisis of runaway prices is still ongoing.
0:46.9	Ortiz added, as usual, this latest surge in inflation is the result of bad policy by
0:52.6	the Biden administration, which continues its reckless spending in anti-energy policy.
0:58.8	E.J. Antoni, a research fellow for regional economics in the Center for Data Analysis
1:03.8	at the Heritage Foundation, says Wednesday's very hot CPI report comes as no surprise in
1:10.2	the wake of the Treasury's trillion dollar borrowing spree, which began when the death ceiling
1:15.4	was suspended in June.
1:17.5	Antoni also said, and now that the Biden administration can no longer drain the strategic
1:22.3	petroleum reserve, there's nothing left to hold down prices.
1:26.7	Biden weighed in on Wednesday's Consumer Price report, saying today's report provides
1:31.1	more evidence that core inflation is trending down toward pre-pandemic levels at a time
1:36.9	when employment remains strong.
1:39.3	Biden added unemployment has remained below 4% for 19 months in a row.
1:44.2	The share of working-age Americans with a job is the highest in 20 years, and real wages
1:49.7	are higher now than they were before the pandemic.
	...

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