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recovery has two components getting 4.321 Jump to 236.799
    CARDINAL two
at first today we learned that the 4.0 Jump to 249.76
    ORDINAL first
    DATE today
lowest level since 1969. 6.159 Jump to 255.76
    DATE 1969
this one week even one month can be 3.84 Jump to 265.44
    DATE this one week
the first slide here you'll see that the 3.2 Jump to 270.88
    ORDINAL first
underscores um that the four week moving 5.6 Jump to 274.08
    DATE the four week
down by about 75 since the beginning of 3.44 Jump to 279.68
    CARDINAL about 75
there were 18 million americans uh who 5.04 Jump to 286.56
    CARDINAL 18 million
number has fallen to fewer than 2 2.959 Jump to 293.52
    CARDINAL fewer than 2
million 2.879 Jump to 295.6
we're also seeing a reduction in 16 4.401 Jump to 298.479
    CARDINAL 16
million americans who are previously 3.119 Jump to 301.36
    CARDINAL million
unemployment rate fell uh to 4.2 percent 5.84 Jump to 308.32
    PERCENT 4.2 percent
on record um and in this uh second chart 4.56 Jump to 315.919
    ORDINAL second
uh this the second chart you see that 4.959 Jump to 322.08
    ORDINAL second
the end of 2024 to get to an 5.2 Jump to 365.36
    DATE the end of 2024
unemployment rate of about 4.2 percent 3.84 Jump to 368.24
    PERCENT about 4.2 percent
fourth quarter of 2021 4.959 Jump to 372.08
    DATE fourth quarter of 2021
look at increased by five tenths of a 4.64 Jump to 408.8
    CARDINAL five tenths
recovered nearly 85 percent of our uh 6.4 Jump to 413.44
    PERCENT nearly 85 percent
american family is 350 a month higher 5.04 Jump to 443.84
    CARDINAL 350
the first is that that data is by 4.24 Jump to 514.88
    ORDINAL first
nine cents uh but to get put some 4.56 Jump to 534.48
    MONEY nine cents
at the pump uh over the last uh 10 years 7.679 Jump to 544.16
    DATE the last uh 10 years
10 years and in fact this is true over 3.52 Jump to 553.68
    DATE 10 years
the last 20 years 4.401 Jump to 555.279
    DATE the last 20 years
13 cents in real terms inflation 5.92 Jump to 561.44
    MONEY 13 cents
adjusted and so today uh 20 states now 6.161 Jump to 563.279
    DATE today
    CARDINAL 20
20-year average um and as uh the as 6.24 Jump to 569.44
    DATE 20-year
down 25 from their average in november 4.961 Jump to 594.399
    CARDINAL 25
    DATE november
by about 25 percent uh over the course 4.4 Jump to 646.48
    PERCENT about 25 percent
2022 4.96 Jump to 695.6
    DATE 2022
inflation for example and by the fourth 4.56 Jump to 700.56
    ORDINAL fourth
quarter of next year is down to uh 2.2 4.88 Jump to 702.48
    DATE quarter of next year
    CARDINAL 2.2
about 60 percent of those costs fall 3.841 Jump to 806.639
    PERCENT about 60 percent
to make that case one quick follow on 5.36 Jump to 846.32
    CARDINAL one
any one piece of data or uh any one 5.12 Jump to 978.48
bipartisan lawmakers uh six of them from 4.56 Jump to 996.079
    CARDINAL six
announced about 10 days ago 4.561 Jump to 1047.679
    DATE about 10 days ago
but that that specific issue is not one 3.68 Jump to 1056.72
the fourth quarter continues to grow 5.44 Jump to 1125.2
    DATE the fourth quarter
on buildback better and then one on 4.0 Jump to 1171.6
the uh there's sort of uh two two uh two 5.52 Jump to 1251.84
elements of that question the first is 4.399 Jump to 1255.52
    ORDINAL first
down dramatically as i said from 18 4.721 Jump to 1271.039
    CARDINAL 18
million to less than 2 million within 4.321 Jump to 1273.679
labor force and so one of the things 3.76 Jump to 1294.64
from an economic point of view one of 4.08 Jump to 1296.88
you want you hope to avoid so that one 4.48 Jump to 1309.84
their lives and uh no one likes to pay 4.16 Jump to 1376.32
for people in the bottom 40 percent of 4.4 Jump to 1401.12
    PERCENT 40 percent
uh to move into that's point one 4.081 Jump to 1414.159
point two is that in terms of household 4.32 Jump to 1416.4
    CARDINAL two
look at the bottom uh 25 or the bottom 5.28 Jump to 1420.72
    CARDINAL 25
40 percent of households and you look at 4.399 Jump to 1423.76
    PERCENT 40 percent
great 6.8 3.76 Jump to 1551.12
    CARDINAL 6.8
with the 6.2 the month of our month 3.281 Jump to 1557.039
    CARDINAL 6.2
    DATE the month of our month
figure is point seven 2.641 Jump to 1558.799
point nine so in other words they're 2.8 Jump to 1560.32
a couple of points first i'm not going 4.159 Jump to 1583.52
    ORDINAL first
estimates uh the second is you raise an 4.0 Jump to 1597.36
    ORDINAL second
the last 12 months or 11 months the 6.0 Jump to 1607.279
    DATE the last 12 months
    DATE 11 months
100 a function of everything that 2.239 Jump to 1621.44
    CARDINAL 100
could take you know a month or two to uh 4.72 Jump to 1687.52
    DATE month
    CARDINAL two
thanks brian two quick ones you know my 3.68 Jump to 1725.44
    CARDINAL two
one of the concerns last month on the 3.52 Jump to 1727.279
    CARDINAL one
    DATE last month
one specifically have you guys seen 3.439 Jump to 1737.12
    CARDINAL one
present issue one that will continue to 3.039 Jump to 1853.52
and number one number two i think that 3.679 Jump to 1906.48
    CARDINAL number one
    CARDINAL two
we are in this economy is one where we 4.0 Jump to 1947.279
the child tax credit december 15 could 4.64 Jump to 1958.08
    DATE december 15
extending the child tax credit is one of 3.84 Jump to 1984.0
clear this is one the lack of affordable 4.721 Jump to 2017.279
you brian um my first question is on 4.48 Jump to 2149.76
    ORDINAL first
25 3.439 Jump to 2207.68
    CARDINAL 25
day but you know four to five times 4.801 Jump to 2217.599
    CARDINAL four to five
weekly earnings are down 1.3 5.36 Jump to 2251.52
    DATE weekly
    CARDINAL 1.3
couple of a couple of lenses the first 3.841 Jump to 2273.119
    ORDINAL first
uh that's point one distributionally the 4.32 Jump to 2296.16
second is in terms of overall household 4.401 Jump to 2297.839
    ORDINAL second
know at the 50 the 50th percentile 4.8 Jump to 2322.48
    ORDINAL 50th
bernie last one can you give an update 4.559 Jump to 2347.52
one that we have focused on both from an 4.079 Jump to 2498.0
making 500 million dollars available to 3.6 Jump to 2507.44
    MONEY 500 million dollars
attention there were 72 specific uh 4.56 Jump to 2519.92
    CARDINAL 72
all right so i only have one item for 4.0 Jump to 2541.76
    CARDINAL one
states is planning to provide up to 424 6.24 Jump to 2574.72
    CARDINAL 424
million dollars toward the initiative 3.84 Jump to 2578.88
and these efforts will center on five 3.6 Jump to 2580.96
    CARDINAL five
and um another one just sort of related 5.12 Jump to 2615.52
    CARDINAL one
start with the first when i came out 3.12 Jump to 2631.44
    ORDINAL first
second i do have an update for you as 4.56 Jump to 2715.2
    ORDINAL second
the president two presidents has their 4.399 Jump to 2891.2
    CARDINAL two
support it's steps that 60 percent of 4.48 Jump to 3119.92
    PERCENT 60 percent
uh 400 billion i believe this is correct 3.919 Jump to 3180.16
    CARDINAL 400 billion
400 million sorry billion would be a lot 3.68 Jump to 3182.24
    CARDINAL 400 million
uh 400 million dollars in security 3.841 Jump to 3184.079
    MONEY 400 million dollars
60 million dollars of security 3.52 Jump to 3193.2
    MONEY 60 million dollars
a fourth shot 5.28 Jump to 3288.079
    ORDINAL fourth
reporting on the hill today that 94 of 4.639 Jump to 3321.68
    DATE today
    CARDINAL 94
amtrak got 66 billion dollars from the 3.441 Jump to 3326.319
    MONEY 66 billion dollars
well first i would say and you touched 3.039 Jump to 3335.76
    ORDINAL first
94 of amtrak's workforce is vaccinated 5.76 Jump to 3338.799
    CARDINAL 94
january 4th or at least a couple of 4.88 Jump to 3352.0
    DATE january 4th
weeks four weeks approximately uh are 5.52 Jump to 3353.68
    DATE weeks four weeks
seen in 2014 4.159 Jump to 3442.64
    DATE 2014
which is that december 15th would be the 5.2 Jump to 3531.04
    DATE december 15th
january 1st uh one of the reasons that 5.04 Jump to 3538.4
    DATE january 1st
us but with at least four of our major 4.32 Jump to 3608.799
    CARDINAL at least four
accommodation not one that i have pre to 3.601 Jump to 3668.079
well one i would say that global press 5.12 Jump to 3681.04
the p5 plus one format is our objective 4.4 Jump to 3777.76
democracy summit from the 424 million 3.439 Jump to 3802.16
    CARDINAL 424 million
after the preview go ahead ashley two 3.679 Jump to 3813.92
    CARDINAL two
quick questions on ukraine one why did 4.08 Jump to 3815.68
president putin and waited two days to 3.761 Jump to 3821.119
    DATE two days
thirty thousand applications but some of 4.24 Jump to 3876.64
    CARDINAL thirty thousand
threat given that it might have been 10 3.839 Jump to 3886.96
    CARDINAL 10
proud to have welcomed more than 74 000 3.919 Jump to 3910.88
    CARDINAL more than 74
up to 95 000 through operation allies 4.08 Jump to 3917.039
    CARDINAL up to
    CARDINAL 95 000
those two legislative measures given the 4.96 Jump to 4018.48
    CARDINAL two
summit going on sure well one i would 4.0 Jump to 4020.88
second let me go to afp go ahead go 3.2 Jump to 4081.839
    ORDINAL second
go ahead go ahead thank you one on 3.601 Jump to 4085.039
russia well one of ukraine yeah and one 3.599 Jump to 4086.72
    CARDINAL one
one nation can't force another nation to 4.64 Jump to 4119.92
    CARDINAL one
change its border one nation cannot tell 4.56 Jump to 4122.0
    CARDINAL one
a quick one on china yes uh the olympics 4.881 Jump to 4163.199
well well first i would say this is the 4.48 Jump to 4191.92
    ORDINAL first
back at 1980 and there was a boycott all 4.641 Jump to 4259.679
    DATE 1980
let me can i say one thing raquel and 4.0 Jump to 4290.4
    CARDINAL one
the omicron variant is now in 57 5.039 Jump to 4303.12
    CARDINAL 57
today and said that africa has 46 5.52 Jump to 4308.159
    DATE today
    CARDINAL 46
percent of the nearly 1 000 cases 6.799 Jump to 4310.88
globally but 70 almost 70 countries in 6.0 Jump to 4313.679
    CARDINAL 70
    CARDINAL 70
sanctions on only eight african nations 4.881 Jump to 4324.159
    CARDINAL only eight
when divide when the variant is in 57 4.64 Jump to 4326.64
    CARDINAL 57
first that the the president convened 4.801 Jump to 4396.159
    ORDINAL first
repairs from the damage done for four 4.639 Jump to 4439.04
    CARDINAL four