President Biden Calls on Congress to Suspend Federal Gas Taxes to Help Ease Prices

President Biden has called on Congress to suspend the federal gas tax for three months in an effort to ease prices that have been skyrocketing.  Biden is also calling on states to suspend their gas taxes, but it’s a tough sell as lawmakers and economists are skeptical it will provide enough relief.  He is also pinning the blame on oil and gas companies calling for them to increase oil production. Hans Nichols, reporter at Axios, joins us for what to know.

Next, as fears of a recession loom, more companies are announcing layoffs or hiring freezes leaving current employees to think of ways to stand out and stay employed.  The pendulum is swinging back in favor of employers where the Great Resignation had empowered employees to jockey for better pay and benefits.  Ray Smith, reporter at the WSJ, joins us for how to keep your job or find a better one should a recession come.

Finally, the real estate market has begun to cool ever since mortgage rates have increased, but home prices are still going up.  The spring selling season has been slow, and the lack of supply is keeping prices up.  Rents are even on the rise, on average they are up 26% from before the pandemic.  Emily Peck, markets correspondent at Axios, joins us for more.

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