who make on time payments see a 30 point bump in their credit score, on average, download the app today. i'm natasha chen in los angeles. and this is cnn. good morning to you. i'm jessica dean. and i'm jim shearer new this morning russia has arrested an american journalist, it says on suspicion of espionage. herskovits a reporter for the

wall street journal, was detained in a small town just east of moscow. the wall street journal strongly defending their reporter. the kremlin says he was quote caught red handed, but refuses to provide any more details. its track record on this sort of thing. does not inspire confidence ahead. we will have the latest from russia plus overnight, the army says. several people have now been killed this after two blackhawk helicopters crashed near fort campbell will be on the ground there in kentucky. also right now homes are evacuated in raymond, minnesota, after a train carrying ethanol derailed early this morning. we've got new details for you on that. we're also keeping an eye on the vatican as pope francis is in the hospital undergoing treatment for a respiratory infection ahead. we'll have an update on his condition. but we begin this morning with that alarming headline out of russia . american journalist herskovitz is right now in russian custody

after the wall street journal reporter who's based in moscow, was arrested on suspicion of espionage. jeremy diamond is now standing by at the white house. first, cnn's senior international correspondent matthew chances in moscow. matthew tell us the latest you're hearing there. yeah well, i mean, some quite worrying developments. actually jim, because it seems that even goes covic, this reporter for the wall street journal has now appeared already at a court in a sort of closed hearing in moscow lefortovo defense detention center, and that court has basically remanded in custody until i'm looking at it here until may, the 29th so one month and 29 days has been remanded in custody by that court pending the trial for espionage. charges that the court has formally um, arrested him as they call it here. they basically levied charges of espionage against him , and it's also been revealed by the press service of the court

that the case has been marked top secret, and that's because they say that girls, covic denies guilt. he's saying he's not guilty of these espionage charges. and so that's sort of interesting developments come to us in the past few minutes just to remind us remind your viewers a viewers. you know what? what this is all about. well this happened yesterday. the fsb the old kgb, of course, arresting evan gorshkov itch in the russian city of yekaterinburg, where they say he had been trying to get sort of secret information on aspects of russia's military industrial complex. ekaterinburg is a big city. it's got a lot of factories. there is a lot of people there that can talk about how the military operation in ukraine is going and you know, sort of things that things like that. it's not clear exactly what he was reporting on, but the fsb say he was in the process of receiving important information, highly secretive information about that russian

military industrial complex. the russian foreign ministry have reiterated that saying that they believe that an m paraphrasing him here, basically, whatever he was doing, there was nothing to do with journalism. and the kremlin have said when challenged on this, that they understanding is their understanding is that evan gush covic was caught red handed engaging in espionage. and so the russians are clearly standing by these charges against his 32 year old wall street journal reporter and as you indicated, we're expecting to get a formal statement soon from the white house from the state department as well. and matthew, you mentioned that this case has been designated top secret. i'm curious if you can kind of explain that to us and give us some context. is that something that's used frequently this designation of a top secret case. yeah i mean, look, i mean, i think what it means i'm not entirely certain, but i think what it means is that we are not going to be seeing evan gorshkov. it's appear in court.

the cameras are not going to be letting to see him. we're probably not going to hear exactly what the specifics are of the charges against him. you know, the russians are regarding this as highly classified. as i say the court has designated it top secret. and so what that means is that they're they're not going to reveal the specifics of what evan gersh covic is acute. used of doing. we're just gonna have to for the moment. i mean, it may change when we get some where you know as the days progress, but you know what we're going to have to, you know. be satisfied with the moment is the statement from the russian fsb that he was arrested, as i say, trying to get information about the military industrial complex in the country. the fsp, of course , the successor to the kgb, matthew chance in moscow. thanks so much. let's go to the white house now. jeremy the wall street journal, released a statement pushing back on this very hard says the wall street journal is deeply concerned for the safety of mr covic. let's say the fact here russia's track record on these kinds of

allegations is lousy does not inspire confidence. they often trump up charges or manufacturer charges like this. how are us officials responding to this now? yeah that's right, jim. we don't yet have an official reaction from the white house or the state department will bring you that statement as soon as we get it, but what i can tell you is that white house officials and state department officials are currently working to get all kinds of information about this situation. in fact, to u. s officials told our colleague kylie atwood that state department officials began tracking this case yesterday before news of evans arrest actually became public and we do know that this is obviously something that's going to become a top priority for the white house to secure evan gorshkov itches released we have seen in the past how the white house has worked to secure the release of other americans most recently, of course, brittney griner in russia back in december of 2022 . the administration also has

some new powers to impose sanctions as a consequence of wrongful detentions of americans as a result of the levinson act, which was passed back in 2020, president biden signs and exactly border this past summer , uh, directing how his administration would handle these types of situations. what would come next, of course, would be a formal designation of whether or not the u. s considers evan gorshkov itch to be wrongfully detained. that would take some weeks before that actually happens, but in the meantime, you can be sure that us officials, diplomatic officials in moscow are going to be working to get information on this case and then to see what they can do to try and secure his release. but, of course, the fact that russia has now moved to not only formally arrest him but also, uh, that the kremlin itself is defending this arrest , alleging that they caught this reporter red handed does not speak very favorably to the chance of some kind of de escalation here. instead, it would appear that perhaps russia is looking for some kind of a

prisoner swap once again early to say that, of course, now, but we do know that that is the track record and the way in which russia has proceeded with these kinds of situations in the past. jeremy's point. we should note that just last week, the us accused russian national of who is claiming to be a brazilian student here in washington was actually russian spot. yeah the bottom line here. these are very deeply concerning developments. jeremy diamond at the white house for us, thanks so much overnight. the army says several people killed after two h. h 60 black hawk helicopters with the 101st airborne division crashed in southwestern kentucky. and we want to let you know we do expect a press briefing within the next hour, so we'll certainly keep our eye on that and bring it to you. as it happens. this is sad training exercises. they're dangerous to cnn correspondent dianne gallagher. she's at fort campbell in kentucky. diane, do we know anything about the circumstances of this crash? according to the 101st airborne

division. these two blackhawks crashed during a routine training mission happened in trigg county, kentucky. that's about a 40 minute drive from where i am right now standing just off post, they said, according to the kentucky state police that the blackhawks crashed in what they described as a field in a wooded area county is relatively rural. but again, there are still service members and their families who do live out there. it's not far from the base. there were witnesses who heard and saw the crash and said that they could tell something was unusual. two helicopters came over. pretty low and all of a sudden, soon as they got over the house, something pop loud bang and everything. shut down. it's all of a sudden so we jumped. the truck came over here. that's what we've found two helicopters. it's just absolutely tragic. the governor of kentucky, andy bashir, tweeting out his condolences and saying that he is now on the way

here to fort campbell to show support for the troops based here, as well as the army families, mitch mcconnell also sending out his condolences. at this point. we do expect that press conference with the u. s military to begin at the top of next hour where we should get more details on how this crash happened, and, unfortunately, just how many people were killed. jim jessica soldiers, these poor family members, diane gallagher. in kentucky. thanks so much. well, there is yet another community in limbo this morning in the wake of a train derailment. this time it was raymond, minnesota, about two hours west of minneapolis. we know that dozens of rail cars went off the tracks overnight, forcing residents in that area to flee their homes. here's transportation secretary pete buttigieg. the most important thing for anyone in the affected area to know. you see, you've got to pay close attention to any instructions coming from first responders regarding the evacuation or anything else that local officials are telling you.

that is for your safety have been in touch with the governor already this morning. and while our department doesn't have a direct first responder role we do have personnel on the ground, making sure that we can provide support. cnn's gabe cohen is following the story for us this morning gave what more do we know about what the train was carrying? we know it was enough that people had to leave their homes. yes so jessica, the preliminary information is that 14 of those 40 railcars were carrying hazardous material, and that includes ethanol, which was released and led to that fire that we have seen burning now for hours that, according to transportation secretary pete buddha judge now ethanol is a highly flammable chemical exposure can lead to coughing, dizziness, burning, burning eyes drowsiness, so there were a lot of concerns for the people in raymond. it's one of the reasons that we have seen those evacuations this morning now to be clear, according to the fire department and the sheriff's

office. there are no injuries at this point at the scene, but we do know that bnsf train derailed around one a.m. local time. central time. the cause of the derailment is still under investigation. but you can see it. there are several cars ignited it forced that small town population of less than 1000 in raymond to evacuate. and it comes nearly two months after that really frightening derailment in east palestine, which also caused a large fire and evacuation, and of course, there have been a lot of environmental and health concerns in ohio since that derailment now secretary buddha judge says crews and investigators are now at this scene in raymond. they are looking into what happened and what sort of clean up needs to happen. now we expect more. updates on just how volatile this scene is later this morning , and we know that minnesota's governor is expected to is it, raymond? or at least that area in the next couple hours? jim jessica quite a scene there. no question. gabe cohen. thanks so much. pope francis remains in a

hospital in rome this morning and could remain there for a few more days. vatican sources tell cnn he slept well during his first night at the hospital, the 86 year old pontiff hospitalist for a respiratory infection. after holding his weekly general audience in st peter's square, he was taken to the hospital for a number of scheduled tests. worth noting pope francis does have a history of long issues. as a teenager. he had part of his lung removed after a serious bout with pneumonia. cnn's delia gallagher is joining us now live from rome. delia what's the latest update on pope francis's condition today? well jessica reassuring news from the vatican this morning on the pope's health, they said, as you mentioned he slept well, but also that the clinical picture is improving. they say he is going to continue the planned treatments. they told us yesterday to expect a few days in the hospital for those treatments, so he's continuing that, but they also said that he

was able to have breakfast, read the newspapers and indeed do some work in his rooms here, just behind me, there's five windows on the top floor up there with the shutters down. those are the rooms where pope stays when he comes to the gemelli hospital here in rome. the pope, of course, has been here before for 10 days in 2021. before surgery on his intestines . hopefully this will be a shorter stay but certainly reassuring news from the vatican this morning, at least compared to the uncertainty of yesterday when we heard that the pope had been experiencing some respiratory difficulties, will hope for other updates throughout the day will bring those to you when we have them. jessica jim absolutely it's good to have some more concrete details this morning, delia gallagher in rome for us thanks so much. silicon. former vice president mike pence, says he quote has nothing to hide right as former president donald trump tries to block other critical aids like mark meadows from testifying just who the grand jury could actually questioned

in the 2020 election interference case. that's next. and this just in to cnn brand. new data shows the u. s economy growing at a slower pace than previously estimated what that means for inflation, the economy for you at home. we'll have more of the shower. plus, we're live in mammoth, california, where goodness buried in snow packs once once again, the snowiest season on record just 24 hours, more than two ft of snow. stay with us. old school wisdom. with a passion n for what's possible. that's what you gett frorom the morgen stanley client experience . you get listening more than talking, personalized plan. built on insights and innovative technology. you get grid vision. and the creativity to guide you through a changing world. old school grid. new world ideas. morg stanley sized him out.

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nothing to hide. i've been speaking about those days writing about them extensively over the last two years. former federal prosecutor and cnn legal analyst elliot williams joining us now, elliot good morning great to ceo. pin says he has nothing to hide. what are his options here? and do you anticipate that he'll try to appeal this decision or that he'll just move forward and testify? well he certainly has the right to appeal jessica in federal court after an order, is it certain types of orders are issued parties have 30 days to decide whether they wish to take it to a higher court. the problem for the vice president here is that this actually wasn't all that bad decision for him, and it did protect some of his right or his ability to not testify if he goes ahead and appealed that it could actually end up being a worse outcome for him, so, yeah, so we'll see. i would think he would not. but again, he has time to decide. and you said that it wasn't a terrible outcome for him is that

because of the speech or debate clause it's been talked about as a potential protection for him. can you help people understand what that is and how it might protect him? sure the constitution sets out the speech or debate clause, which allows members of congress and some of their staff to have protections against their words being used against them in court. now the vice president wears two hats in american government. he's both the number two to the president but also the chief executive for lack of a better term of the united states senate he provides presides over the united states senate and the role of president of the senate. that's the title and courts have interpreted that, as has the justice department is saying that is in effect of legislative role, so some of the actions or statements made by a vice president when doing that legislative side of his job will count and be protected under the speech or debate clause and the court's decision the other day did respect that and say that certainly there are actions taken by mike pence in his

official capacity as president of the senate. that ought to be protected under the speech or debate clause of the constitution, right right. and during the january 6th hearings , we learned about this kind of heated phone call between president trump and pence i'm gonna we have a clip of the witnesses talking about it. let's listen to that first. but at some point it started off. as a calmer tone and everything and then became heated. the conversation was was pretty heated. remember hearing the word wimp like being you're not tough enough to make the call. remember what she said her father called him. the p word. listening to all those witnesses . describe that conversation. elliot you have to think that they're gonna want to talk to the former vice president about this. how legally relevant do you think that call will become that's the important question legally or the important word legally relevant now look, a lot of it is important palace intrigue and drama. how much of

the president and vice president fighting with each other, but that's sort of human interest. what we really, um as people observing a legal proceeding one and i was, you know what's legally relevant number one. did mike pence, hear or perceive any threats from the former president? number two? did the president ever expressed that he lost that he knew that he lost the election number three did the president ever for exhibit any knowledge of any violence that might have transpired on january. 6th number four. did the president know he was going to impede or disrupt the actions of congress? all of those questions go to some of these legal issues that the president's basing far beyond the question of whether these two outsized personalities in american politics who might run against each other for president sort of have a beef with each other. really? what the question is, was their acts of conspiracy and did the president was the president aware of them and some of those conversations going back to december of 2020 2020. not even just in the days leading up to january. 6th what? you know what can we glean from

those conversations? right and you're so at such an important point is like separating out that palace intrigue and kind of the juicy tidbits with what is legally relevant and quickly before i let you go. just the fact that we're getting to the point now where the former vice president has been compelled to testify, we know that they have compelled all of these close aides, people like mark meadows , the former chief of staff, steven miller, people that were very close to the president are being compelled to testify. what does that tell you about where we're getting in this process? well look, it's certainly there's a very serious investigation. going on. part of the problem is that everything that happens in the grand jury by wa is secret. it has to be kept secret, so we don't really don't know what they're being asked about or what cases or you know what sort of criminal charges might be brought here. but certainly they're homing in on resume folks in or around the white house. this is very serious. they're moving along. i would have based on what we're seeing. it would seem that someone was getting charged with the crime at some point, but again, it's all secret. i don't

know what's going on behind that curtain. right we just won't know until we do know. all right, elliot williams. thanks so much for your expertise. we appreciate it this morning and be sure to tune in tonight when cnn's wolf blitzer sits down with former vice president mike pence for a wide ranging interview on everything from his political future to those investigations into former president trump is tonight at nine p.m. eastern, right here on cnn. congress is aiming to claw back their constitutional power to declare war a major step just taking to make it happen and what follows. i'll be joined by congressman adam schiff has been pushing for this for a number of years. that's coming up. and we are moments away from the opening bell on wall street where u. s futures are all up this morning, as comes despite new data showing that the u. s economy grew at a slower pace in the fourth quarter than previously estimated markets ended wednesday higher prompted by a surgeon, big tech stocks and the wall street journal reporting the white house will recommend tougher rules for midsize banks as soon as this

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now to a major move by us lawmakers aiming to claw back war powers they once had have constitutionally the senate voted to repeal the decades old iraq war power authorization 20 years after the us invasion, the lawmakers behind it want to reassure congress's authority in making military decisions, including declaration of war. the bipartisan bill. now heads to the house with me now is democratic congressman adam schiff of california has been pushing for just such a change for a number of years. congressman thanks for taking the time this morning. great to be with you. i do want to put that put a pin in that topic for a moment now and just get to the breaking news this morning of the u. s journalist for the wall street journal, evan covic, arrested accused by russia of espionage, as you know better than me russia's track record on charges such as this does not inspire confidence. i wonder, given your experience on this issue. should we look at this american is now a hostage in

effect of russia. i think we should. this is very typical russian behavior and that is to grab americans use them as leverage in this case, reporter make spurious allegations against them and detain them, you know, potentially for long periods of time. in this case, you know, i think we can see it in concert with their nuclear announcements. the abrogation of the treaty. obligations as a way of just ramping up pressure on the west, signaling that moscow is going to use whatever tools it has including essentially hostage taking. to try to deter the united states and the west from opposing its ambitions in ukraine. notable it's been since the eighties that russia arrested the us journalist accused them of espionage. and we've had a lot of signs recently referenced the further withdrawal from the nuclear treaty, or at least some of the standards of the nuclear treaty. there are the us and russia in a new and dangerous cold war in

your view. i don't know that i would liken it to the cold war, but it's certainly a very dangerous period when putin is essentially rattling the nuclear saber in increasingly dangerous ways by in this case, and most recently decided it's not going to provide notification when it does. missile tests test that previously it would alert us to and we would alert them so that we didn't misinterpret something they were doing and end up in an unintended war. so these are dangerous steps at the same time . i don't think putin has any present intention to news use nuclear weapons. i think he does intend to use the threat of them to try to get the united states to back off our support ukraine and we simply cannot let that succeed. we have to continue our vigorous support for ukrainian allies. okay let's move on to the now you've been pushing for this repeal for a number of years now has the support bipartisan support in the senate

is going to move to the house. do you sense the dam breaking gear? is this going to be the moment where 20 years later that authorization is now repealed. i think yes, i think this is finally the time when we can get this done. we can repeal these authorizations that have long outlasted their original purpose . we still have the hard work to do with the 2001 authorization to narrow its terms and to provide a sunset for that authorization. that is, in many ways the much heavier lift. but these iraq resolutions absolutely should be repealed. and i think the time has finally arrived where congress has the will to get it done. do you think there is a bigger picture ? move here in that for decades , really, even prior to 2001. congress has step by step given up its constitutional power to declare war presidents of called wars, other things other than wars right to avoid getting congressional approval. do you

think that the next time that will be less likely that congress will have its voice heard and have to have its voice heard? it sure. darn well better . but what i've experienced and you're right. i've been pushing for the repeal and the narrowing of these authorizations for years and years pushed forward during democratic administrations and republican ones, and i found opposition from democratic and republican members to put constraints on the executive and also even during the obama administration , very limited willingness of that administration to use its muscle its political muscle to try to scale back the authorizations congress had given prior administrations and was giving that one so this is a bipartisan challenge, and we have to make sure that we begin with the easiest step, which is the repeal. of the iraq authorization and then we narrow the 2001, and we make sure that

subsequent authorization should there ever be a necessity, much more narrowly drawn. i want to ask you now about the ongoing investigations of the former president donald trump, of course, were key member of the january 6th committee. we now have. the former vice president will have to testify for him regarding his conversations with the former president. and yet despite multiple investigations , his role in january 6th also having been twice impeached. he is the leading candidate for the gop nomination, maintains broad republican support. if he wins the nomination. what choice will us voters face in 2024? well it will be a choice between staying the course assuming that joe biden runs for reelection, as i expect that he will and moving the country forward or it will be a choice of going tragically , not only backward to the drama and the trauma of a trump presidency, but i fear far worse

. what we have seen with donald trump is whenever he is allowed to escape accountability, he engages in worse and worse misconduct should he be rewarded with another term, he would begin where he left office, and that is begin at the point of a an insurrection, and it would just descend from there, so i think that would be a catastrophic choice if the country even entertain his candidacy and it is a marvel to me. that someone that may be charged with writing hush money checks to a porn star and inciting insurrection is somehow still the leading republican candidate for president. how is that even possible? the reality today. congressman adam schiff. thanks so much for joining us this morning. thank you. this just in to cnn new details in that army black hawk helicopter crashing in kentucky. cnn's oren liebermann is at the pentagon. tell us what we're learning. jim and jessica. we learned just a

short time ago from a defense official that nine soldiers were killed when two h h 60 black hawk helicopters collided last night in kentucky. there were no survivors. as a result of that crash. those helicopters belonging to the story 101st airborne. so now we're waiting for more updates at this point, that tragic news coming in just a short time ago again. nine soldiers were killed when those two helicopters collided in trigg county, kentucky, at about 10 o'clock last night. in terms of information from this point out general mcconville, the chief of staff of the army, is testifying on capitol hill right now, we don't expect him to say too much, or to get ahead of the investigation, but at the top of the hour, we are expecting a press conference from the army, perhaps with more information on what went wrong here and where this goes from here in terms of the investigation and where the process moves forward from here , so this crash happened around 10 o'clock last night again in trigg county, kentucky, were to h h 60 black hawk helicopters collided. we learned just a short time ago. there were no survivors in that crash. nine

soldiers were killed. and now we're waiting for the latest updates from the army. i will read a statement here that senator mitch mcconnell put out on twitter earlier, he said. i'm devastated to learn about the army helicopter accident over kentucky involving our brave 10 101st airborne. my team is in contact with the army and authorities on the ground. please pray for our service members and their families as we learn more, and jessica will keep you updated with the latest on the investigation and one on, army officials say at the top of the hour, nine service members, nine families, nine military families heartbreaking. alright oren liebermann. thank you for that breaking news update. we'll continue to monitor for that press conference next hour still ahead this morning. the data just in the u. s economy growing slower than estimated last quarter and jobless claims, seeing an uptick what it all means for inflation, and for you, that's next. what does it mean to be ever better? it's your customers getting what they

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and ceo of keeps saying the mobile app that makes it easy to have your photos printed, framed and shifting your doorstep. just choose a photo that you love. you can preview it in over 100 frames, and in a couple of days , you're going to receive your photo in a beautiful handmade frames. so if you've got a special photo on your phone, install the free keepsake at we would love a chance to frame it for you, young lady who was mid thirties, a couple of kids recently went through a divorce. she had a lot of questions, but she came in. i watched my mother go through being a single mom. at the end of the day, my mom raised three children, including myself. and so once a client knew that she was heard, we were able to help her move forward. your client won't care how much you know until they know how much you care. good morning, everyone we do begin with breaking news. joining us now are two lawmakers from different sides of the aisle also live in

ukraine, dr. sanjay gupta clarissa ward policy in denver. new numbers out this morning showing the economy grew at a slower pace in the fourth quarter than previously expected . inflation adjusted gdp increased by only 2.6% that's down slightly from what economists were hoping to see. still not a bad number of giving everything. cnn chief business correspondent christine romans joins us now. so, christine, where china is your friend? where does this put this trend on the economy? and is this a sign that interest rate hikes are having an impact? you know, it's a respectable finish to the year. 2.6% it certainly is a rejection of that slower growth we saw in the first half of last year, but it is a rear view mirror kind of picture. and so everyone's looking jimmy jessica for any kinds of signs that the feds medicine is starting to work, so the fact that it came in at 2.6% and not 2.7% like the last reading. i guess that might be might be. evidence of the fed's medicine is starting to

work, but still that's underlying strength in the american economy. and then when i look at a jobless benefits, this number has been pretty consistently below 200,000 every week. it rose from 389,000. just look at the trend there, you guys. i mean, this is a sign of the still very strong job market . layoffs outside of the tech sector are pretty rare. bosses are more interested in holding onto workers than laying them off here, so we're just kind of trying to parse every one of these numbers for any sign of the fed's work is magic is working, and i think overall here we can still say this is still a solidly performing economy again. rear view mirror looking. no one knows what's going to happen here in the future. a lot of moving parts but still resilience, i would say in the economy little signs of maybe the fed's rate hikes working, but resilience over all right, everyone, everyone looking for those signs. christine romans, as you said, thanks so much, and let's take a closer look at this with catherine rampell, cnn economics

and political commentator and washington post opinion columnist. catherine great to see you. we just heard from christine kind of laying this all out for us. do you agree that perhaps there is some little signs that the feds decisions and actions could be working. well also in that report, we saw that consumer spending is still growing but has slowed in how quickly it's growing. so that could be a sign that the feds medicine is having an effect. but as christine laid out, this is very much a rear view mirror. this is the end of 2022 that we're talking about. a lot has happened since then, including, of course, lots of financial turmoil and what kind of effect that may have on both the labor market, financial conditions and other economic forces going forward is still yet to be seen. you wrote in a walsh washington post opinion article just about the overall pessimism that we've seen from americans about their finances,

but but but interestingly even as consumer spending has remained strong, and you've seen sort of consumer confidence, strong, these numbers the job market, etcetera. why why the disconnect? and then i wonder what happens when those numbers when the economy does actually slow, right? even more significantly, where this all goes from here. right there has been sort of a puzzle about why we have had this red hot labor market and yet sort of icy cold consumer sentiment, particularly among lower income workers, who are seeing the biggest wage increases depending what media you consume. i think you get a very different partisan take on how to explain that either. the economy is obviously great, and anybody who says otherwise has been brainwashed by republicans or fox news or whatever, or the economy is obviously terrible, and democrats are deluding themselves into thinking that it's good for low wage workers, in particular, given these inflationary trends. so what i

looked at in this piece was trying to sort of get a better sense of what the headline metrics might be missing, and indeed they do when we looked into receipts data matching up actual growth and expenses against growth in earnings, we did actually find that lower wage families those, you know, sort of like in the bottom. let's say quintile of the income distribution are coming out behind. yes their wages are growing pretty quickly in percentage terms, but it's not. ping up with the actual dollar spend and beyond that there is this sort of psychological tax that a lot of families feel from inflation. that's harder to quantify. you know that the mental strain of now having to do a lot more price comparisons shopping at multiple grocery stores, managing budgets that used to sort of be on autopilot , that sort of thing. so that was the goal. and as you point out, you know this was all while these numbers are captured, while the job market is still strong while they're away. lot

of good economic indicators. what happens if and when we have a recession, presumably people will turn much more negative than they are now. hmm and catherine quickly before we let you go. i want to turn to the debt ceiling. because that has we're starting to see some more information about that percolating as congress and the house speaker kevin mccarthy is sending letters to president biden back and forth. you talked about financial turmoil already this year as we approach that that has the potential for financial catastrophe if we go off that ledge, how critical would you say this issue is a it is potentially catastrophic, but even more so, with all of the turmoil surrounding it right now. yes it was always a bad idea to threaten to default on the u. s debt. always always a bad idea always potentially could instigate a global financial crisis. it is colossally dumb right now to be even, you know, voicing that as a possibility, and i'm super concerned about the fact that

there doesn't seem to be any progress in negotiations that republicans rather than looking at the underlying fragility and financial markets right now and saying, hmm. maybe now is not the good time, the best time to be threatening this this, you know, historic default seemed to be saying, maybe now's a great time because we have more leverage. this is a very bad strategy. i think they should raise the debt limit immediately without preconditions deal with the budget stuff. as part of the budget process. that's a separate issue, but honor the existing debt obligations that the us has already made. perceived political gain powerful force here in washington. catherine rampell, thanks so much. parts of california are buried under feet of snow after being slammed by yet another winter storm, where there live with a look at the efforts to dig out and how all of this snow is actually good news for the state. what's the number one retinol brand usesed

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803 9 to 7600 or visit coventry direct .com. i'm bill. we're in antarctica, and this is cnn. all right, take a look at this. this is what nearly 700 inches of snow looks like. that's how much has fallen at a mammoth california ski resorts since they opened back in november. i

think we can all imagine with 700 inches. it is their snowiest season ever deeper pictures within that cnn correspondent. definitely elam is there live and stephanie, listen obviously good for ski season. but really dangerous for folks, many of whom trapped in their homes. yeah it depends on where you are obviously amanda's mountain as a massive ski resort. they're used to getting snow. and so they know how to act. in fact, take a look at this. let me just see you can see the waves of snow here behind me. i'm actually standing inside of a bus stop in mammoth lakes and let me just show you what it looks like outside here because 700 inches is close to 60 ft of snow that they've recorded this season and it's still coming down. it's the snow is march that that they have on record here. just take a look at these mounds. look at that. stop sign. see how the amounts are so much higher than that, for these people find, but for some parts of the sierra, the southern sierra, they're not used to seeing this much snow.

and so we have seen people trapped in their houses a different points during this winter, but overall, you're right. this is good news. for the drought because the u. s drought monitor is out today with their new numbers, only 1% of the state is in severe drought three years ago is the last time we saw it anywhere near this, so just take a look at this. i know it's hard to even believe, but look over here. you can see this mount the trees looking like almost bushes in some places coming out of these massive snow mounds. jim and jessica. just unbelievable. unbelievable. how much no we have here. lord i know incredible. it's like the scene from frozen massive scene from frozen all right. stephanie elam for us. stay warm. thanks so much. next. we are standing by for a news conference from army officials. the military now saying nine service members killed after two blackhawk helicopters collided and kentucky, of course, going to bring you that event. live when it happens. hey, just just a

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