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tv   CNN Newsroom  CNN  July 23, 2020 8:00am-9:00am PDT

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hello, everybody. i'm john king in washington. thanks for sharing your day with us. bad numbers today reinforce the everywhere-you-look challenge. weekly unemployment claims are heading back up meaning the summer case surge is taking a toll on the economy as well as on hospitals, on test sites and on your back-to-school planningp overall case count will hit the 4 million count sometime today and it's taken 15 days to go from 3 million cases to 4 million. we're in the pandemic's worst month when you consider cases. nearly 1.3 million added so far in july so far alone and second highest of new cases on wednesday, 71,695. the immediate challenge, of course, is to stop the summer and the surge of new cases over the last seven kays, a record high. 67,429 new cases. deaths, too, climbing.
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the united states reporting back-to-back days of 1,000-plus deaths for the first time since the end of may. there is a pattern to much of this. the summer surge and then state after state reimposing restrictions and then jobs lost. the first-time unemployment claims that i mentioned back up after a is a-week decline. the that adds even more negotiations now to negotiations up on capitol hill about more coronavirus relief. that's a washington debate. where you live out in the states the immediate challenge is to slow the spread and let's take a look at how that works out. in some ways this map is a bit more optimistic than it has been in weese ent days. 23 states though still heading up, that's the orange. texas the largest among them. that means more cases this week than last week. if you look florida and california steady at the moment. 22 states are holding steady right now. you'll take whatever progress you can get if you're in those states. holding steady, 23 headed up and 22 holding steady. that's the yellow or the beige and five states heading down,
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including arizona which had been part of the summer surge. the question is can they keep that in the green and keep that to push it down. let's look at some of the other trends including total cases. exponential growth is what gets you. back on april 28th, is million confirmed infections adenji june 10th that doubled to 2 million and less than a money to july 1th, 3 million, is earlier this month, from 3 million to 4 million we'll hit in a matter of is a days. the exponential growth that tells you why you have to stop the surge. the seven-day new case total, again, you can see the dip into may and june starts and up the hill we go and what a steep hill it is. a new record high recorded yesterday, seven-day moving average of new cases 67,000 plus. that's a number you must shove down to stop the surge. where is it happening the most, in these states right here. seven-day moving average in florida, california, texas and arizona, florida, you hope that's coming down. look how high it is. starting from a high baseline. you hope it's starting to come
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down. texas trickling down a bit. hope to flatten that and california as well. these three big states california, florida and texas driving the numbers. arizona is down here. again, it spiked, seemed to have plateaued a bit and heading down this week and let's hope it stays that way. you just look at the totalcations. this is why we go from 2 million to 3 million to 4 million when you have the big state like california, like texas and like florida, above 100,000 cases and climbing and above 4,000 cases in california and that's why the numbers start to go. arizona coming up as well, of course, below the larger states. california, our largest state, our most populous state, 421,286 as of yesterday. the case count still coming in today. again, look at the steepness of that hill. california's challenge now flatten is and then push it down. stephanie elam live for us in los angeles. california deals with this challenge. stephanie, the numbers are overwhelming. the question is how do you fix
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it? >> reporter: that's right, john. you look at the overall amount of new cases that were announced in a day yesterday hitting a new record there of 12,807. we're seeing that hospitalizations continued to rise. went up by 79 new hospitalizations there, but the positivity rate, you were mentioning that before. you look at that over the 14-day period and it's at 7.4%, down ever so slightly from the day before that, but when you look at the seven-day it's at 7.6%, the state trying to keep that below 8% and obviously a concern here. here in los angeles county as we've discussed before is the heart of the outbreak in the state of california. we are seeing here that fourth day in a row. we've seen over 2,200 new cases can announced. i'm sorry, hospitalizations i should say announced in a day, so things not going the way you would like. however, the mayor here, eric garcetti, saying we're not going to go into a further stay-at-home order right now because things have stabilized even though at a higher number than they would like to see at about 10% as far as positivity
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rate is concerned. listen to what the mayor had to say. >> when you spread this lethal virus to a family member, it can kill them. so be smart. don't gather and please wear a mask. the we need to assume that covid-19 is everywhere right now. we need to be vigilant. >> reporter: and i know because you like stats and data los angeles county is saying covid-19 is killing twice as many people in six months as the flu did in eight months last year. >> let's hope, stephanie, that statistics get the attention and then people do what needs to be done to turn them around. stephanie elam live for us in considerable the hottest of the hot spots at the moment. thank you. joining us to share his insights is our chief medical correspondent dr. sanjay gupta. today we'll hit a very tough mark, 4 million confirmed infections. that number alone might not mean
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much but the way we've gotten from 3 million to 4 million, listen to dr. fauci here. where are we in this fight? he says not quite probably halfway. >> we're certainly not at the end of the game. i'm not sure we're halfway through. we are living right now through a historic pandemic outbreak, and we are right now in a situation where we do not see any particular end in sight. >> help our viewers understand, san vai. what would it take so we could be having a conversation about containment. >> well, you know, the same strategies apply here, john. here's the big difference though when we look at numbers going up, we have to look at fact that they are going up but also the pace at which they are going up. you alluded to this a couple minutes ago, but take a look at how long it took us to get from basically the new emergence of this hinn next to a million new cases. it's about 99 days but the most recent million from 3 million to
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4 million took about is a days, so it's not just the -- the number of cases that's going up. it's the pace at which they are going up. one of the metaphors used sometimes to describe this, john. think about it like this, a big cruise ship sort of moving through the ocean gaining speed. in the beginning it would have been harder to slow down, but now that it's gained a lot of speed and is moving along it has a lot of inertia so even if you slam the blaeks on it was not going to respond quickly. not to say that the same strategies work. they will have to be applied more aggressive and may be need to be applied longer as well in order to make significant changes. the longer you wait it becomes harder to control, whatever metaphor you want to apply. it's not just the numbers but the pace we need to pay attention to. >> the pace that we have to pay attention to. i want you to listen to the president of the united states, back giving briefings, doing them solo and says he's talking to the experts. i have to say in the last couple of days the president hasn't
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said anything nearly as outrageous as he said in the previous incarnations of briefings, but he continues to say things that make the experts cringe a bit, including that this is the president, not in the briefing room but in a fox interview on the subject of testing. >> to me it -- every time you test you find a case and, you know, it gets reported in the news. we found more cases. if instead 50 we did 25 we'd have half the number of cases so i think it's personally overrated but i'm totally willing to keep doing it. >> it's good that he's quote unquote totally willing to do it. it's so misleading. if the we had half the testing we would know of fewer cases but we would have them. >> yeah. but absolutely, john. if you're doing testing right, ultimately it should lead to a decline in the number of cases, because you would find people who have the infection, isolate them so they don't continue to spread it. the fact that we lost all of february and some of march meant that the virus continued to spread. we weren't really testing then,
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and we need to do a lot more testing to eventually catch up. john, i was talking to some sources a couple of days ago, and, you know, the model that i just described in an ideal scenario. you could get test and before you leave you're told whether or not you are positive and they start the process of contact tracing right there and then. right now it can take days to get the results back. people forgot the contact and may not be isolating and you can see the problem. testing is so lack that we are using it to essentially signal where the hot spots are in the country. it's like here's a fire over there, go put it out. there's a fire over there, go put it out. we won't be able to catch up if we're in fireman mode with regard to this pandemic and that's because we're still not doing enough testing. >> on this point, our conversations in march and april and even into may were averagely about new york or maybe virginia to the north, if you will, the mid-atlantic up to the northeast. now we're watching and we can show some graphics, seven-day moving average by region.
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it's the south and west that are driving the numbers right now in a dramatic way. my question is if you're the midwest or the northeast, you're feeling a little bit better. you're trying to keep the numbers there. can you, or is this an inevitable cyclele? if you're jag the giant numbers in texas and california does it cycle back or can the states in a better place keep it that way? >> i don't think it's inevitable that they have to recycle though a national strategy towards this would make it a lot easier to give them some confidence, you know, that they can keep the numbers down. two things jump out at me about that graph. one is you can look at memorial day weekend, that time frame and sort of start to do the math and realize that that probably had a significant impact. countries sort of opened up again, people thought that this thing was gone, this pandemic, and, you know, i think they really let their guard down. we saw people congregating more, in the west and the south
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touring that time period so that sort of makes sense in terms of what we're seeing there, but other thing, john, we're bush the model is going to be like -- it gets really bad in a place and people start to say oh, gosh, this is bad. let's wear masks and hospitals are overflowing so let's dial it back and stay home more and then they will improve. they will start to stay low and we'll see them let their guard down in many parts of the country. >> got to get to a better way before we can have the conversation of keeping it in place. as always, appreciate your insights. it's important that dr. sanjay gupta will host an all-new coronavirus town hall with anderson cooper and special guest bill gates right here on cnn. don't want to miss that. coming up. once we do actually have a vaccine. still a ways off, but once we have one who should be first in line to get it?
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the big summer case surge and the fact that the united states is on track to hit 4 million confirmed coronavirus infections today underscores just how critical it is to found a coronavirus vaccine. the trump administration as we discussed yesterday is spending billions to produce vaccine candidates, even before they are proven effective so that if one gets the okay they will be ready to ramp up production as quickly as possible but who gets first access and who decides that cnn's sara murray joins us now. if that works out and if there is a viable vaccine who gets it? >> reporter: great question and one of many thorny questions that the administration is dealing with because it takes a lot to get this vaccine from a lab and into the arms of americans and the trump administration is trying to prove that they are taking steps now to be ready when the vaccine is ready. after bungling everything from testing to personal protective
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equipment, the trump administration is aiming to prove it can roll out a coronavirus vaccine to millions of americans as soon as it's ready. >> operation warp speed. >> the debate is already under way about who should get the first doses. >> people are a little uneasy about the government calling the shots here. >> reporter: to reassure a kept call decision that this delition will be apolitical. the question of who should be first in line and a second group of workers are asking should race and ethnicity fall in and where do teachers fall on priority list? >> the vulnerable will be one of the top priorities. >> reporter: trump administration is tapping top health officials and industry experts to lead vaccine plans rather than police, but the administration's vaccine effort, operation warp speed, is shrouded in secrecy. >> certainly ask for both your latitude a little bit in terms of my lack of ability to provide
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a lot of specifics about what we're doing. >> reporter: vaccine developers have already contracts with the government to stockpile their product and the administration hopes to have 300 million doses available early next year, a time line vaccine experts believe is overly optimistic. >> reporter: this is a big task even though you have a vaccine getting people vaccinated is a humongous task because you need to convince people smoot distribution alone is a monumental challenge. >> we're right at the beginning of operation warp speed worked to finish lockdown measures so we will be able to sufficiently vaccine people. >> reporter: the trump administration has handed out hundreds of millions for glass isles. >> glass won't be the traditional bottleneck and there will be plenty to go around at the point that a vaccine is ready. >> reporter: hundreds of millions of syringes are on order, too, from companies like
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bd. though contracts and industry experts suggest the government may come up short. >> it is i think the beginning of the process. the u.s. government is preparing for two shots of the vaccine and so, you know, assuming a population of approximately 350 million people, we're looking at, you know, a total of 750 million oh, excause me, 700 million syringes, at least. >> reporter: once vaccine is available it could take a year to inoculate enough americans to slow the spread and that's if americans agree to get the vaccine at all. safety concerns, politics and fears among minority communities that they may be exploited or left out are all contributing to america's hesitation. now i talked to a senior health and human health officials know they need to win over the american public if they want people to actually get vaccinated and they are planning a big pr campaign.
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they are planning a number of televice ads and will feature the doctors, john, we're used to seeing in the briefing room, is dr. fauci, dr. redfield from the cdc and the surgeon general. those will be coming soon. >> we'll see if they can get this done on their time lyn and who gets it. that's fascinating. sara murray, appreciate the reporting. joining us now is the director of environment's vaccine organization at philadelphia hospital. good to see you. let me start with the process and then the substance. when you see operation warp spooed and pfizer and other companies getting billions of dollars where they say produce your candidate in mass quantities and then if it gets the okay we'll have it ready to distribute. do you think given the scope of the problem and that we'll hit 4 million confirmed infections today that that's the right approach, or do you have questions about that? >> i certainly think it's right to prepare, that when we find out that these vaccines are safe and we find out that they are effective that we're in a
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position to distribute the vaccine. what worries me in this is we're spending a lot of time about how many millions and millions of dozes we can make when we haven't found out if they are safe and effect pitch. we don't know that until we do a large phase three prospective problem where 20,000 people get a vaccine and 10,000 people get a placebo. if you look at all the hoopla that surrounds that uk/oxford advantages eve. the paper that was published last week should never have been pub larry bird. it was build as a 1,000-person study but roughly 540 people got the virus, it's a monkey virus that causes colds, replication, meaning it can't reproduce itself and because it can't replicate these people had 50 billion particles and would
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enter your system and make protein that -- you make the proteins and antibodies. 530 people, you think that's a lot but when you look at the number of people to see if they had neutralizing-and-bodies, there were only so 5. why didn't they test those people and when they looked at the 35 people they found in fact they didn't have a great neutralizing antibody response when compared to people just convalescing from natural infection and then what they did is took ten people out non-randomly and gave them a second dose and found the response much better. that was a ten-person study and i'm amazed that we talk on the one hand about this kind of a paper which is a ten-pen study becauses a zane can a said they would be a two-dose vaccine and what they are talking about, making hundreds of billions of dozes and what i'm saying is
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make sure that we ask for a faiz three. >> it just makes mow very nervous, john. >> and that's why we bring you back. you have decades and decades of experience on this yourself including the patients to successfully vaccinate people over time. part of this deal yesterday with pfizer, fooidser is about to start a phase three trial which you say is absolutely essential. october they may be able to seek regulatory review and are hoping to have 100 million doses and the okay available by the end of the year. that's their process and what they are doing. we should all wish them well but the president of the united states says i think we have a winner. let's listen. >> we think we have a winner there. we also think we have other companies right behind that are doing very well on the vaccines long ahead of schedule. >> that's the part that i know concerns i. let's do the research. maybe more of it should be
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let's -- let's be careful here. do we know if we have a winner there? >> as an eleaks is coming up and move towards the end of october. the administration would be tempted that would be available in warp speed to reach their hand in and pull the pfizer's vaccine and -- and these vaccine -- induce -- those of you who know that responses are associated with program r.you'll only know that by doing phase three trials and the presence of the upcoming elect do something that we may, hundreds of thousand or hundreds of thousands and it sends up being safe and it ends up being highly effective. you want to minimize the risk of
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doing at least a phase three trial. you only have one chance to make a first impression here and if if the first vaccines we israel out are much less than what people hope for you're going to lose a fragile vaccine confidence in this country. >> that's an important point. we'll keep bringing you back to continue this conversation. we appreciate your time and insights. up next fours, another big factor in the coronavirus rate. positivity rates. we'll break down how one stat can help you figure out where your state stands in this very important fight. ♪ welcome back, to that same old place that you laughed about ♪
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if you saw a fire starting, you'd put it out, right, or pull the alarm. well, apply that to the summer coronavirus surge. if it the experts saw it coming, they surely would try to stop, it right? well, we know they saw it coming from tracking the positivity rate in coronavirus testing. >> it only has to go up a tiny beth, so let's say you had 2% test positive and then the next week you have 1.3%, that is when to really start watching. we think that's the earlest indicator. that's why we show that at county level, at metro level, at small cities and large metro
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areas as well as the state level so that every governor and every mayor and every health commissioner can really understand what we're seeing in their state, and so that we can really provide recommendations to the states on how best to control this virus. >> that sounds pretty smart, right, like they are right on top of it. dr. birx says the white house task force gives the governors and mayors a detailed report every monday. well, that raises a giant question for the white house and for the governors and anyone else seeing those reports, especially in the hard hit states. if they saw the fire starting and they clearly did, then why at any time they do more to put it out? let's walk through this and look at the data. number one let's start with our new case trends and the summer surge. back on memorial day 19,000 cases, the seven-day average of moving cases just shy of 17,000 and you see where we are now, 70,000 cases being reported across the united states. we're going up. could we see any evidence they saw it coming. >> the total cases, april 28th a
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million, took until june 10th 2 million, july 8, 3 million, and 15 days we'll hit 4 million. any way to see that coming and stop it? well, let's go back and take a look. this is the positivity rate nationally. people taking coronavirus tests. they take all that data. what's the national positivity rate? it was dipping a little bit. still way above -- dr. birx says if it's about 3% it's here. that's been above that for a long time and starts going up like this nationally so if you think about every monday, every monday throughout june and into july this rate is going up. certainly not going down. they should be pulling the fire alarm, right? well, let's look at some is the hardest hit states and look at arizona. if you go back in may it's -- she says it's about 3% is a be pro. 3.5% more so. it's been above that. here's your marker over here for quite a long time, but go through the mondays, governor gets a report here, it's 6.5% at the beginning of june. come forward, june 1th, those another monday, it's going up, the 15th, it's still going up and so on and so forth.
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july 6th, another monday, on june 1st it was 6.5, 25% there. it keeps going up. they keep getting reports. why aren't they doing anything to stop it? let's look at florida as well, just a look at the same idea. again, dr. birx says if you've above 3% you should have the warning lights going on. back on june 1st florida is right around where she was talking about, is 3.5%, not great but not bad. look at this. just look and count the mondays in here, june 10th and 17th and all the way to july 6th and beyond. the rate going up and up and up so why not do something about it? well, let me ask. with me is dr. peter hote zoo, dean of and professor of medicine at baylor. that's what is frustrating from me when you heart experts, she lays it out so clearly. we have the reports and give them to the governors and mayors. if they had all this data and they saw the fire starting, why didn't they do more to stop it? >> yeah, and, remember, john,
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it's not only the positivity rates, they were going up but it was also parallel by an increase in the number of cases which the white house was just throwing off as increased testing and we knew the hospitalizations are going up and knew the icu admissions were going up. the only thing we didn't have were the deaths because that takes a few weeks of people on ventilator before you start seeing the deaths go up, and we're all, you know, shouting as loudly as we could. the deaths are going to come, the deaths are going to come. now they are here, 200 deaths in texas yesterday and this is happening in florida and arizona so everything was predicted and predictable. look, here was the problem. the problem was we've never had a federally led road map and plan. it was always leave it to the states, put the states in the lead and the u.s. government will provide some backup data when asked. the u.s. government will provide fema support when requested. the u.s. government will provide
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the manufacturing, the ventilators, the supply chain management but the states have to be in the lead. that was -- that was -- that was the strategy. it was doomed to dale from the beginning because the states never had the scientific and epidemiological has pour to do this, to understand how to really track this in detail. you can't just do,at a telecom fence once a week. they didn't have the -- the intellectual horsepower to do this, the states, and they needed the cover of the federal government because of the politics, the -- the governors, especially in the south, are in a tough position. they have all these constituents saying that we can't do this and that and they needed the cover of the federal government and it's the full force of the cdc to say, hey, look, i hear what you're saying, but if we don't do this, the cdc is telling me "x" number of texans are going to do or "x" number of floridians or people in arizona
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and californians and that conversation really never took place as far as i -- i can tell, and -- and because we did not have that federal engagement, that federal-led initiative this is why we're in this tragic situation where a quarter of the world's covid-19 cases are now in the south. >> dr. peter hotez, as always appreciate your insight and the data was there. they did have white house coronavirus reopenings in place that were pretty specific and if you had the positivity information and lines and data and the president said go to reopening and they never pushed forward the information they had. >> the president is sending the feds into cities but the local mayors are calling this an election gimmick. ies will need the right tools.
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♪ perfect. -you're welcome. i love it. how'd you do all this? told ya! wayfair. let's talk dining tables. yes! blow it up. ♪ wayfair you've got just what i need ♪ president trump says rising crime and disorder is behind his plan to surge federal agents into cities run by democrats. >> we will never defund the police. we will higher more great police.
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we want to make law enforcement stronger, not weaker. my vision for neck's cities could not be more different from the lawlessness being pushed by the extreme rat call left. >> but some of these mayors worried that this is an election-year stunt, the mayor hit with tear gas speaking to protesters downtown and chicago's mayor lori lightfoot would well a partnership but not a dictatorship. nia malika herderson joins us as well as leseley. a lot of mayors are saying we welcome your help and others are saying you're making it worse. >> she's seeing a real support among white working class voters
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and well as working class voters. this is pitting cities against suburbs, the kinds of people who live in cities, black and brown folks, much more integrated and liberal in cities than white suburban voters who by and large often live in segregated spaces, and so i think that this is what he's doing with this. it's in many ways a replay of what he did in 2016. the dapger the danger in 2016 was in donald trump's estimation illegal immigrants as he dubs them and was there to protect folks to build a wall and now the new danger that he's creating in the minds of some of these voters is the violence and the violent people in some of these cities. listen, this might work for this president. racism is a very powerful idea. it may be one of the most powerful forces that we've seen operate in american politics and we do know that trump has wielded it masterfully so i
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think that's what's going on. i imagine in the next weeks we'll see this continue and we'll likely see a tightening of polls. this is a president trying to claw his way back into this race, take the focus off of covid which he's failed miserably at addressing and go back to the basics of which for this president has really been race-baiting. >> margaret, to that point, is it a distraction, the willie horton ad, the bush ad was a race-baiting ad to try to promote law and orderer message and that's what democrats say they are saying and democrats would argue the president wants you if you live in the suburbs, especially if you're a suburban woman to think about chaos in the cities and not remember things like this from the vice president. >> if you look at the trends today that i think by memorial day weekend we will largely have
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this coronavirus epidemic behind us. >> didn't turn out that way, margaret. >> yeah, john, but to be sure there are people inside this white house who think on the policy merits this is the right approach and the cities get tough, crack down on protesters, but you can't -- you can't took too much about the political implications and strategies. one thing as you said is to turn the conversation away from one area where he's demonstrably doing poorly and that's the management of the virus and talk about ground where he should be doing better just by virtue of his party and that's law and order elements, but second is a little more complicated. it's an attempt to sort of undercut joe biden's standing, and it's hard to do because joe biden is not actually the president right now nor is joe biden the mayor of portland or chicago or albuquerque, but it is to try to chip away at how people believe that joe biden vis-a-vis the democrats can do
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in terms of law and order and kind of security, whether it's in your home city or whether it's nationally, and if you look at the recent polling, that abc poll from a few days ago with the "the washington post" comes to mind, but i think it's been consistent across other polls as well w.biden now hold willing an actual lead in terms of criminal justice and law enforcement relations, so a slimmer lead than it is on management of the virus or sort of overall loads, but joe biden leading trump in terms of americans' perceptions of his ability to sort of keep the peace and manage law and order issues and that's a huge red flag for the trump administration and part of this is an effort to undercut that lead. >> we'll see how it plays out, especially as it tries to expand from portland into other american cities. margaret and nia malika herderson, thanks for joining us today. another 1.4 million people file for new unemployment benefits. ♪ come on in, we're open. ♪
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insured by unitedhealthcare insurance company comes in. this type of plan helps pay some of what medicare doesn't. and these are the only plans to carry the aarp endorsement. that's because they meet their high standards of quality and service. wanna learn more? it's easy. call unitedhealthcare insurance company now and ask... for this free decision guide. inside you'll find the range of aarp medicare supplement plans and their rates. apply any time, too. oh. speaking of time... about a little over half way and there's more to tell. like, how... with this type of plan, you'll have the freedom to choose any doctor who accepts medicare patients. great for staying with the one you know... or finding... somebody new, like a specialist. there are no networks and no referrals needed. none. and when you travel, your plan will go with you anywhere in the country. so, if you're in another state
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visiting the grandkids, stay awhile... enjoy... and know that you'll still be able to see any doctor who accepts medicare patients. so call unitedhealthcare today. they are committed to being there for you. tick, tick, tick, time for a wrap up. a medicare supplement plan helps pay some of what medicare doesn't. you know, the pizza slice. it allows you to choose any doctor, who accepts medicare patients... and these are the only plans of their kind endorsed by aarp. whew! call unitedhealthcare today and ask for this free decision guide.
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for 37 years we have been fighting for survivors of child sex abuse. even in these uniquely challenging times we're still fighting with dedication and devotion. california law gives survivors a chance to take legal action, but only for a limited time. if you were sexually abused by a priest, scout leader, coach or teacher contact us confidentially today. it's time.
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some breaking new, federal judge approving michael cohen's request to be immediately released from prison. prosecutors claimed he violated conditions of the release. cohen claims sending him back to prison was a retaliation because he plans to write a book about the president and release it in september. take us inside that important hearing. >> reporter: this hearing was over the telephone and lasted just about 45 minutes. judge steen rejecting the government's argument. he said he could find no otheren ference and retaliatory. prosecutors as you said had taken cohen in custody this
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month after they said that he refused to agree a number of provisions in his home confinement agreement. today the judge finding with many of the conditions were fine and cohen said through the attorney that he would agree to them. a wrinkle is still this issue of whether to communicate with the media. his attorney saying that they would negotiate with the government. cohen is allowed a week to negotiate the terms of this. the judge pointing out if you are at home confinement that doesn't mean you can hold a press conference for a book your oar writing so they have to work out the terms of this deal but cohen will be released tomorrow by 2:00 p.m. after he takes a test for the coronavirus. john? >> cara, important news there. i have a suspicion the lawyers will be back at this one even after he is released as this saga doesn't end. appreciate the latest. michael cohen to be released from prison. now the economy, 1.4 million people filed for unemployment
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last week, a jump after 5 weeks of coe lidecline. they put a finishing touches on their version of a coronavirus stimulus package with $105 billion for school and then millions more for testing and vaccine development but not a presidential request, a tax cut. mark, i was reading your analyst just yesterday saying congress better help or the economy will tip back into recession. what would help the most? >> two things, john. first is state and local government aid. state and local governments are hemorrhaging red ink, cutting programs and payrolls and middle income jobs, teachers, fire, police, if they don't get the support the layoffs continue and that's every community in the country coast to coast. income support for unemployed workers that are going to -- enhanced ui benefits putt in
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place back with the fiscal rescue package in march expire next week and if unemployed workers don't get help they have to stop paying bills and cutting back on the other spending so those are the two thing key things to get done here. >> when you see the weekly unemployment claims going up after 15 weeks of down not at the horrific beginning of the pandemic levels but is that a win-week blip or a sign of a summer surge and now unemployment going back up? >> yeah. this is a clear warning seen. the pandemic is reintensified. the pandemic came back, that forced governors to shut down and layoffs are picking up. hirings are abating and i wouldn't be surprised in the key july job numbers of next week to get a negative number and that would be very discouraging,
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unemployment going higher, already in double digits and real problems unless congress and the president get it together pretty quickly here. >> sober details. mark zandi, let's hope the congress understands the urgency of the issue. thank you so much. doctors from two of the covid hotspots join us live as the u.s. is on the verge of hitting 4 million confirmed infections. it was 1961 when nellie young lost her devoted husband. without him, things were tough.
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her last option was to sell her home, but... her home meant everything to her. her husband had been a high school football coach and it turned out, one of his former players came up with an answer. a loan, created just for older homeowners. and pretty soon, nellie young had one of the first reverse mortgages. discover if a reverse mortgage loan is right for you. use it to eliminate monthly mortgage payments and increase cashflow, create an emergency fund, preserve retirement savings and more. call now for your free information kit. that first reverse mortgage loan meant nellie could stay in the home she loved so much, with memories that meant even more. a reverse mortgage loan isn't some kind of trick to take your home. it's a loan... and it's tax-free cash just when you need it. it's about making your retirement better.
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call today and find out more in aag's free, no-obligation reverse mortgage loan guide. access tax-free cash and stay in the home you love. of course, you can use it to pay some bills, cover medical costs, update or repair your home. but best of all, it eliminates those monthly mortgage payments so you get more cash in your pocket, every month. learn how you can use a reverse mortgage loan to cover your expenses, pay for healthcare, preserve retirement savings, and so much more. a lots changed since 1961... since then over a million older americans have used a reverse mortgage loan to finance their retirements. it meant so much to nellie, maybe it could mean as much to you... call now and get your free infokit
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hello to our viewers in the united states and around the world. i'm john king. bad numbers outlining the awful pattern of the summer surge. rising cases and now the resurgence of job losses. weekly unemployment claims heading up so the summer surge taking a toll on hospitals, test sides and the back to school planning. the overall case count to hit the 4 million mark sometime today and it's taken, get this, only 15 days to go from 3 million infections to 4 million infections. we are in the midst of a pandemic's worst month when you consider the case count, nearly 1.3 million added in july alone. the second highest number of new cases on record. yesterday