Skip to main content

tv   CNN News Central  CNN  May 10, 2023 10:00am-11:00am PDT

10:00 am
lloyd austin warning of dire national security consequences if senate republicans continue to block military promotions and nominations. in a scathing letter he criticized republican senator tommy tuberville for holding up 200 nominations, that in protest of new pentagon reproductive health policies which include leave and travel allowances for abortions. democratic texas state senator roland gutierrez says he's planning a 2024 run for republican ted cruz's seat. sources telling the "washington post" he will make a decision soon. gutierrez has become a fierce champion of the families impacted by the uvalde school shootings. last week democratic congressman colin allred announced he seat well. the college football nvitation to visit 1600 pennsylvania avenue next month citing scheduling conflicts. thanks for your time today. hope to see you tomorrow. "cnn news central" starts right now.
10:01 am
13 federal charges against a sitting member of congress. george santos accused of wire fraud, money laundering, stealing public funds. so will republicans call on him to resign with every vote in the house critical? santos due to be arraigned at any moment. public pressure campaign. president biden hitting the road and hitting republicans over a fierce budget standoff. in minutes he's making the case for raising the debt ceiling once again without conditions, with potential economic consequences just weeks away. and heroes in action. newly released audio reveals the terrifying moments as officers search for the texas mall shooter. one officer telling the dispatcher "i need everybody i got." chilling words as they ask for backup. we're following these major developing stories and many more, all coming in right here to "cnn news central."
10:02 am
just minutes from now, new york congressman george santos is expected to appear in federal court. he was taken into custody this morning. prosecutors unsealing a 13-count indictment against the embattled republican. he's charged with seven counts of wire fraud, three counts of money laundering, one count of theft of public funds, and two counts of making materially false statements to the house of representatives. let's take you now live outside the courthouse where santos is set to be arraigned with cnn's brynn gingras. and bryn, walk us through exactly what prosecutors say santos did so. he apparently solicited campaign funds that he then used for personal expenses. >> reporter: yeah, that's right. that's just some of the charges, boris, that have been lodged against george santos. he's expected to appear before a judge in about half an hour or
10:03 am
so. a 13-count indictment. and as you laid out there, seven counts for wire fraud, three for money laundering, one for theft of public funds and two for making false statements to the u.s. house of representatives. now, this is all centering around the 2020 campaign which he did not win and then the 2022 campaign which of course he won the third congressional seat. in this indictment there are allegations that george santos set up a company and had a consultant who would then recruit people to essentially be political supporters. and in two cases two people who testified before the grand jury on this indictment, before this indictment was handed down, said that they gave $25,000 each to this company. well, that money then went according to the indictment to santos's own personal piggy bank and he used that money allegedly on buying fancy clothes, paying a car payment, also paying off other sort of payments he had to make. that's just some of the allegations that he will be basically listening to when the
10:04 am
judge sort of discusses this indictment in court in just a bit. >> and brynn prosecutors allege that santos also fraudulently applied for covid unemployment benefits. walk us through that. >> reporter: yeah. so this one is certainly interesting. he was holding a job according to the indictment with an investment firm out of florida making $120,000 a year, and at the same time during the covid pandemic he was applying for unemployment benefits with the state of new york and getting monthly payments, totaling about $24,000. so that is another allegation that is in this indictment and that he is facing charges for. and then also to sort of sum it up for you, boris, he's also facing, you know, just the fact that he lied in financial disclosures to the house of representatives, overinflating how much he was making or underestimating how much he was making in those disclosures. i do want to read for you part of the statement that was
10:05 am
released by the u.s. attorney after these charges came out. and it says, "taken together the allegations in the indictment charge santos with relying on repeated dishonesty and deception to ascend to the halls of congress and enrich himself. he used political contributions to line his pockets, unlawfully applied for unemployment benefits that should have gone to new yorkers who had lost their jobs due to the pandemic, and lied to the house of representatives." so that statement of course sort of sums up the totality of all these charges that he's now facing. we actually just saw some attorney go into the courthouse today. so we do expect this to get und your way soon. and it's possible we may hear from george santos himself after this hearing. boris? >> brynn gingras, please keep us up to date. stand by as we await his arraignment in roughly 24 or so minutes. let's dig deeper on the legal case now with cnn legal analyst carrie cordero. thanks so much for joining us this afternoon. first and foremost, which of these charges stood out the most to you and which could create the most severe consequences for
10:06 am
the congressman? >> i think the significant thing about this indoimtictment, boris just really all of the charges that are involved and the story that they tell in the indictment. the story that the justice department is telling in the eastern district of new york is that this guy is a fraud. fraud is the key word. in terms of the accounts of money laundering, what he was doing was he lied in so many different contexts in ways that are illegal, whether it was lying to the state of the new york to get benefits that he wasn't entitled to, whether it was lying on forms to the house of representatives, whether it was lying about his donations that he was receiving for his campaigns. so fraud, lies, that's the story that comes through through the narrative that the justice department has put in this indictment. >> so how do prosecutors go about proving that he lied in court, say, on the claim that he lied to folks that were donating to his campaign?
10:07 am
>> well, what i presume, the way that this indictment is written, is that they have both documentary evidence and they have individuals who have cooperated who will be witnesses. so the money trail that they lay out is really fairly straightforward. money came in, he transferred it to personal accounts. they're going to be able to, the justice department prosecutors will be able to document all of that. and then it also appears that there were individuals that he was working with, that he was soliciting funds. and so it looks like they probably also have credible witnesses that they expect to be able to call on. >> yeah, and if they have the documents, if they have the chekds checks in place, for example, for the unemployment fraud that should be at least in theory relatively easy to prove. more than two dozen members of congress have been indicted since 1980 and i believe we have some of their faces to show you. some of them have been acquitted. some of them have pled guilty. talk to us about some of the unique challenges of prosecuting
10:08 am
a sitting member of congress. >> right. so this would fall into the category of what the justice department would call a sensitive investigation, and it's handled by the public integrity section in cooperation in close coordination with the u.s. attorney's office where the case is actually being prosecuted, very closely held, but the public integrity section has experience handling these types of cases. as you showed, it's not an isolated event. this does happen from time to time. and then the big question for congress and what has happened in some of these different cases is even though he's already been stripped of his committee assignments are they going to wait and let the judicial process work itself out, let him face the charges, go to trial if he so chooses, or plead guilty? he always has the option of resigning. but there's nothing requiring congress to expel him at this point. they can wait to see whether he beats it. >> carrie, please stand by. again, the arraignment expected in about 20 or so minutes. we'll definitely need your perspective once we hear from the judge.
10:09 am
brianna, obviously there are serious political considerations here too. >> yeah, boris, huge fallout from the santos indictment. house speaker kevin mccarthy for now standing by him, not calling for his resignation. let's listen. >> like every american you have your day in court and go through. just like when another member inside the house. santos was never put on committee. so he won't serve on committee. he'll go through his time of trial. we'll find out how the outcome is. >> cnn's manu raju is joining us now from capitol hill. you hear the speaker there, manu, falling short there of calling for his resignation. but i wonder what other republicans are telling you. >> patience is really wearing thin within the ranks. there are a number of republicans in the rank and file who are tired of hearing about george santos and say that this is enough, that he should step aside. and ultimately it will come down to either santos's decision to resign or a vote by the full house to expel him. in order to expel him that would require a 2/3 house majority.
10:10 am
that means republicans would have to be on board, including the republican leadership, in order to get there. republican leaders may not be there yet but some republicans are. >> he should have resigned a long time ago. he's an embarrassment to our party. he's an embarrassment to the united states congress. >> would it be better if he resigned? >> oh, absolutely. it's a distraction. and it's a punchline for a lot of commentary regarding the republican party that we don't need. >> so the ethics committee in my opinion needs to act on it now. i think america deserves the answers. >> could you vote to expel him if it came to it? >> you know, if the charges have veracity and they're true, then he should not be a member. i think the ethics will look at if and make that determination. if their determination is expel, absolutely on board. >> now, there are political considerations at play as well. if santos were to resign, it
10:11 am
would open up a house seat, a special election in a district that favors democrats, something that could mean they could flip it to the democrats, potentially tighten kevin mccarthy's already very narrow majority. mccarthy says he wants to let this process play out and if he's ultimately convicted that could change the calculation. also what could change the calculation, what does the house ethics committee do? he still faces an investigation there. if they come forward, call for his expulsion, perhaps that could change the dynamic on the hill. but that investigation still playing out behind closed doors. >> yeah. no doubt those political considerations loom large in the speaker's calculus. manu raju on the hill. thank you. jim? >> well, with a stalemate in washington president biden is taking the debt ceiling fight on the rod. in just a few minutes he'll speak from valhalla, new york in an effort to ramp up pressure on house republicans over what could if it gets there be an economic disaster. the speech follows yesterday's contentious oval office meeting that left biden and speaker mccarthy no closer to striking a deal. some tense moments in there. they'll have another chance to
10:12 am
find common ground this friday at a follow-up meeting. will it be different? cnn's jeremy diamond, he's at the white house. jeremy, i wonder what we're going to hear from biden today. and do you hear from anybody in the white house what the plan is going forward? any greater openness to negotiating? >> yeah, well, listen, white house officials and congressional staffers, they are going to be sitting down today to try and work out the contours of a potential spending deal that could potentially help avert this debt ceiling crisis. but in a clear sign that these negotiations are not just happening behind closed doors but also very much in terms of a public messaging battle between the two sides, you're going to see president bide n on the roa today on the outskirts of a district of one of the 18 congressional republicans whose district voted for president biden back in 2020. this is congressman mike lawler, and he like those other 18 republicans so far has stuck with kevin mccarthy. he voted for that debt ceiling bill that would also cut federal
10:13 am
spending. so president biden is going to be trying to ramp up the pressure on republicans like congressman lawler knowing very well that kevin mccarthy has a very slim margin in the house, a very slim majority that he has to try and keep together. we're going to hear president biden warning of the disastrous consequences of default, and he's also going to talk about what he himself has proposed. in his budget for the next fiscal year where he has proposed some spending of course but also saying that his budget would cut the deficit by nearly $3 trillion over the next ten years. this comes as kevin mccarthy has said that the president needs to outline what he would be willing to cut to be able to bring down the deficit going forward. but no question that despite the meeting yesterday these two sides are very, very far apart. you're going to see this public messaging battle play out as well as those behind-the-scenes meetings that are happening beginning today. >> yeah, and you wonder if the easier path might be not from biden and mccarthy, perhaps moderates on the hill. we'll watch.
10:14 am
jeremy diamond, thanks so much. boris. encounters at the southern border shattering records ahead of tomorrow's end of a major migration policy. so what is the biden administration going to do about it? plus, heroes in action. dispatch audio capturing the moment an officer runs toward the texas mall gunman. we're going to play that audio for you. and house republicans making new claims against the biden family, alleging blsith foreign nationals. how the white house is now responding, when we come back. oy to sleep, so when our windshield crackeded, we needed it fixed right. we went to safelite.com. there's no one else we'd trust.. their experts replaced our windshield, and recalibrated our car's advanced safety system. they focus on our safety... so we can focus on this little guy. >> singers: ♪ safelite repair, safelite replace. ♪ for copd, ask your doctor about breztri.
10:15 am
breztri gives you better breathing, symptom improvemt, and helps prevent flare-ups. breztri won'replace a rescue inhaler for sudden breathing probls. it is not for asth. tell your doctor if you have heart condition or high blood pressure before taking it. don't take breztri more than prescribed. breztri may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vison changes, or eye pain occur. if you have copd ask your doctor about breztri.
10:16 am
10:17 am
i'm christine mahon. i'm retired from public health nursing and from the army reserve. my retirement funds allow me to enjoy what i love to do. as long as you can make an impact, why stop?
10:18 am
just a short time ago the homeland security secretary laid out unprecedented measures the u.s. government is taking once title 42 expires late tomorrow. under the pandemic-era policy the u.s. immediately expelled nearly 3 million undocumented arrivals. and now part of the administration's new planet is to inform the people seen here among thousands of other migrants waiting to cross into
10:19 am
the united states about asylum rules. it largely bars those who pass through another nation from seeking asylum in the united states. also, mayorkas said about 1,000 more officers are going to be added to help in the asylum process. and he spoke directly to those aiming to cross the border as officials say that just yaed they had more than 10,000 encounters. >> do not risk your life and your life savings only to be removed from the united states, if, if and when you arrive here. we are making it very clear that our border is not open, that crossing irregularly is against the law, and that those who are not eligible for relief will be quickly returned. >> cnn's nick la conveniencia has been tracking the latest developments from along the border in brownsville, texas. nick, it's going to be about 11:00 p.m. tomorrow when title 42 expires where you are.
10:20 am
president biden has acknowledged that this is going to be a chaotic period. what does it look like on the ground right now? >> reporter: it's going to be difficult for sure. and in the short term these border cities will be feeling that pressure. but the ngos i've spoken to really leading the effort in helping these migrants say they're no more anxious than they have been the raft two weeks. what you're looking at here depart is one of those immigration buses. this is the intake area or processing area after they're released on humanitarian parole they're released into the care of the city, they're processed and then right across the street is the ngo, team brownsville that helps out these migrants with basic needs, food supplies, over-the-counter medications, water, things like that. it is a very smooth operation, really like clockwork, as one bus pulls out, another pulls in. and i want to describe here what these men here are waiting for. all of these men, most of them venezuelan nationals, say that they've been separated from their families and are waiting to be reunited with their loved ones, with wives, with sons in some cases. earlier i spoke to an individual
10:21 am
who said that he was separated from his nephew, his 9-year-old nephew, and is waiting on news on his whereabouts. brownsville is prepared, i talked earlier to the city, they say they're trying to find more space for these migrants. they're intaking about 800 to 1,000 migrants per day, which is a huge increase from what they've seen traditionally here. but again, as i mentioned, speaking to team brownsville they feel like they're right in the middle of this thing although they are prepared for it to potentially get worse they think they're already starting to see that increase, boris. >> nick valencia reporting from brownsville, texas. please keep us updated on what you're seeing, nick. brianna. newly released police recordings reveal the harrowing and chaotic moments after a gunman opened fire saturday at a texas outlet mall. eight people died in the attack and seven others were injured. and a short time ago we learned at least three of them are now in good condition. cnn's security correspondent josh campbell is live for us in allen, texas. josh, what are you learning from these emergency dispatches?
10:22 am
>> yeah, brianna, so we have obtained the audio of the police radio traffic from that day. and just to set the scene for you here, as that attack begins the shooting starts, there's a brave allen police department officer who's here near the mall on a separate call. he hears the gunfire, he begins running toward the gunman trying to stop that threat. and on this audio you can hear the urgency in his voice as he desperately calls for backup. >> shots fired at the outlet mall. people running. >> i need everybody i got! >> just for your information we're getting some calls about possible shots fired over at the nike outlets in allen. >> watch your fire. >> reporter: now, we know from our reporting that that suspect
10:23 am
was armed with multiple weapons. he had multiple magazines on him when he was shot and killed by that officer who you just have to think about how much more terrible this could have been had that officer not sprung into action taking down that shooter. of course that's just one of many stories of heroism we're hearing from that tragic day. sadly we know that one of the victims that was killed, 20-year-old christian lacour, a security guard at this mall, he died while trying to rush shoppers out of the mall, trying to get them out of harm's way, brianna. >> heroism as he moved so quickly and yet so much damage done in so little time. josh campbell in allen. thank you for that. jim? well, new claims from house republicans as they continue to investigate president biden's son hunter. plus e. jean carroll responds to her victory in court over her claims against former president donald trump. it is all next on "cnn news central." just buy any footlong in the app, and get one free. everyone loves free stuff chuck. can we get peyton n a footlong? get it before it's gone.
10:24 am
on thehe subway app. when it comes to your hair, ingredients matter. that's why herbaessences is packed with naturally derived plant ingredientyou love, and none of the stf you don't. our sulfe-free collections smell incredible... ♪ and leave your hair touchably soft and smooth. ♪ herbal essences
10:25 am
there are some things that go better... together. burger and fries... soup and salad. thank you! like your workplace benefits and retirement savings. with voya,
10:26 am
considering all your financial choices together... can help you make smarter decisions. for a more confident financial future. hey, a tandem bicycle. you can't do that by yourself. voya. well planned. well invested. well protected.
10:27 am
as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network, with no line activation fees or term contracts... saving you up to 75% a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities™.
10:28 am
- [announcer] do you have an invention idea but don't know what to do next? call invent help today. they can help you get started with your idea. call now 800-710-0020. a new headache for the white house today. house republicans say they have evidence that members of the biden family including hunter biden received millions of dollars in payments from foreign entities in china and romania. they also say they have the bank records to back up those claims. we should note the report does not show any payments made directly to joe biden either as vice president or after leaving
10:29 am
that office. cnn's elena treen, she has been following the details here. elena, tell us what the committee chairman, james comer, what specific allegations he made but also what specific evidence he's presenting here. >> reporter: well, jim, james comer and republicans on his committee released a new memo this morning with evidence including new bank records that show members of biden's family received payments from foreign entities linked to china sxlinkd to romania and that some of those payments were made while joe biden was vice president. really, this is all part of james comer's investigation to show that members of the biden family enriched themselves by using the family name. they're also trying to allege that biden may have been influenced in some of his decision-making, his decisions were influenced by these payments, although they offered no evidence of that. now here's james comer at a press conference laying out these findings this morning. >> this committee is investigating president biden
10:30 am
and his family's shady business deals that capitalized on joe biden's public office and risked our country's national security. the president when confronted with this information said it wasn't true. instead of being with -- honest with the american people, president biden has claimed since the 2020 election that his family has not received money from china. that was a lie. in 2020. and he continues to lie to the american people now. >> reporter: now, jim, this new report certainly raises concerns over hunter biden's activities while his father was vice president. but i should be very clear. none of the evidence in this report shows that any of these payments were illegal. they also don't have any evidence that any of these payments were made directly to joe biden. now, the white house has also been very quick to respond to these allegations. here's the statement from white
10:31 am
house spokesman ian sand. it reads, "congressman comber has a history of playing fast and loose with the facts and spreading baseless innuendo while refusing to conduct his so-called investigations with legitimacy." and now it's also just important to note that this is only some of the first findings that comber and the republicans on the oversight committee are releasing. comber had said that he promises to have other revelations and other findings that he wants to release in the coming weeks. >> so you said and that's an important point there, he's not claiming and there's no evidence that they were illegal payments? is that right? >> reporter: yes. there's no evidence in this document that any of them were illegal. >> the question becomes about influence. alaina treene, thanks so much. brianna. donald trump is vowing to appeal after a jury in new york found him liable of sexually abusing and defaming writer e. jean carroll. the former president lashed out at the judge and the jurors in a video that he posted to social media last night. >> what else can you expect from
10:32 am
a trump-hating, clinton-appointed judge who went out of his way to make sure that the result of this trial was as negative as it could possibly be? i don't even know who this woman is. i have no idea who she is, where she came from. this is another scam. it's a political witch hunt. >> yesterday the jury ordered trump to pay almost $5 million in damages to carroll, who alleged that trump raped her in a department store dressing room in the '90s and then defamed her when he denied her claim. cnn's cara scannell joins us live from new york. she has been following all these proceedings. carroll is also speaking out about the jury's decision here. what is she saying? >> reporter: yeah, brianna. remember that there have been about a dozen women who came forward with allegations that former president trump had sexually assaulted them in some way. but e. jean carroll's lawsuit is the first one and the only one that has gone to a jury.
10:33 am
this jury of six men, three women believed her, and after the verdict carroll said that this was a victory for all women who have not been believed. she was on cnn this morning. she expanded on that. take a listen. >> the old view of what the perfect victim looks like totally changed. >> what do you mean? >> the old view of the perfect victim was a woman who always screamed, a woman who immediately reported, a woman whose life is supposed to fold up and she's never supposed to experience happiness again. that was just shut down. this verdict is for all women. this is not really about me. it's for every single woman. >> carroll also said that she had hoped that the former president would have shown up and would have testified sitting there in the court before her. but as we know, he had the option. he chose not to. she also expanded on -- after
10:34 am
the verdict trump's attorney went over and shook her lawyer's hand and actually shook e. jean carroll's hand. and the bligg question had been what was discussed between them. she elaborated on that this morning saying she said to trump's attorney, he did it, you know it. brianna? >> interesting. kara scannell live for us in new york. boris? >> at any moment new york freshman republican congressman george santos is expected to appear in federal court. he was taken into custody this morning. remember, prosecutors unsealed a 13-count indictment against him, seven counts of wire fraud, three of money laundering, one of theft of public funds and two counts of making materially false statements to the house of representatives. cnn's brynn gingras is back with us now. she's been outside the courthouse where santos will be arraigned. brynn, what are you seeing? >> reporter: yeah, boris, presumably the judge is d those to george santos for his arraignment. it's hard to tell exactly what's happening inside the courthouse
10:35 am
right now because there are no communications allowed in federal court. so we'll get an update as soon as possible. but you just said 13 counts from wire fraud to money laundering, the allegations in stunning detail saying that george santos took a campaign contributions and spent the money on himself, buying luxury designer clothing. he paid off a car payment. and also that he reaped the benefits of covid unemployment benefits all while holding a job that afforded him $120,000 a year. so those are some of the allegations that have been detailed in that dozen pages indictment. 13 counts in total. and this morning he turned himself in to the fbi building in minneola, new york and then was brought here to the federal courthouse in central islip, new york. we didn't get a chance to even see him. but i have to tell you it's not very easy to avoid us now because there's really only one way that we know of inside and out of this courthouse. so it's very possible as you can see all the press here behind me waiting to he soo if he will say
10:36 am
anything, make any sort of statement following this arrai arraignment. so we're standing by for that, boris. >> we're going to keep an eye on this story and continue following the arrangement -- the arraignment, i should say, of george santos, a sitting member of congress. brynn gingras, thank you so much for that. jim? well, if you are collecting social security, this really stings. a new report shows just how hard inflation has been hitting retirees. and thanks but no thanks? the georgia bulldogs championship football team just declined a white house invitation. why? our customers don't do what they do for likes or followers. their path isn't for the casually curious. and that's what makes it matter the most when they find it. the exact thing that can change the world. some say it's what they were born to do...
10:37 am
it's what they live to do... trinet serves small and medium sized businesses... so they can do more of what matters. benefits. payroll. compliance. trinet. people matter. this week is your chance to try any subway footlong for free. like the subway series menu. just buy any footlong in the app, and get one free. everyone loves free stuff chuck. can we get peyton a footlong? get it before it's gone. on the subway app. you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror.
10:38 am
i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. after advil. feeling better? on top of the worlddddd!!! before advil. advil targets pain at the source of inflammation. when pain comes for you, come back fast with advil liqui-gels. hey, i just got a text from my sister. you remember rick, her neighbor? sure, he's the 76-year-old guy who still runs marathons, right? sadly, not anymore. wow. so sudden. um, we're not about to have the "we need life insurance" conversation again, are we? no, we're having the "we're getting coverage so we don't have to worry about it" conversation. so you're calling about the $9.95 a month plan
10:39 am
-from colonial penn? -i am. we put it off long enough. we are getting that $9.95 plan, today. (jonathan) is it time for you to call about the $9.95 plan? i'm jonathan from colonial penn life insurance company. sometimes we just need a reminder not to take today for granted. if you're age 50 to 85, you can get guaranteed acceptance whole life insurance starting at just $9.95 a month. there are no health questions so you can't be turned down for any health reason. the $9.95 plan is colonial penn's number one most popular whole life plan. options start at just $9.95 a month. that's less than 35 cents a day. your rate can never go up. it's locked in for life. call today for free information. and you'll also get this free beneficiary planner, so call now. (soft music) ♪
10:40 am
hello, colonial penn? welcome to the next level. this is the lexus nx with intuitive tech safety radar detector: watch for traffic. and our most advanced safety system ever. ♪ my name is brian delallo. i teach ap and honors economics in pittsburgh, pennsylvania. financial well-being to me is knowing that i can be free to do the things that i love to do. i hope when i retire someday, they say, that guy made this place a special place to come to school and gave as much as he could to help the community. for the first time in two
10:41 am
years inflation is finally below 5% p the price of everyday goods rose by 4.9% in april. that beat analysts' expectations. the last time that it was that low was actually in april of 2021. the big question is has this streak gone on long enough for the fed to stop hiking interest rates? cnn's matt egan joins us now to break it all down. matt, what are the big takeaways from today's report? >> well, brianna, inflation last year was kind of like a wildfire that just consumed the economy. that fire hasn't been put out, but every month it does increasingly look like it has been contained. we now have ten straight months of cooling inflation. you can see on that chart there there was this big spike in 2021-2022 that has come down. although we should note the slowdown has sort of leveled out. you can kind of see that on the right side of the chart. also at 4.9% this is still more than twice what the fed is
10:42 am
really targeting. now, on a month over month basis we actually saw inflation heat up between march and april, although a lot of that is due to a big spike in used car prices that is not expected to continue. now, where are prices going up and down the most over the last 12 months? if you actually look last 12 months, used car prices are down sharply. we've also seen a record plunge in prices for appliances and for health insurance. on the other hand grocery prices, they're still going up rapidly, and this is particularly painful to me as a parent. daycare and preschool prices are going up by the most on record. >> yeah, that is a spike for sure that is affecting so many americans. also related to inflation, there's this new analysis that shows the value of social security payouts is plummeting. of course those are fixed. so walk us through this. >> right, brianna.
10:43 am
this is a direct consequence of inflation. this new analysis from the senior citizens league finds that the purchasing power of people who have retired before 2000 is down by 36%. put this another way, if you spend $100 as a retired household in 2000, that same $100 is only going to get you $64 worth of stuff. inflation has basically eaten away at the value of the social security checks, and even though there are cost of living adjustments they have not kept up with prices. this analysis finds that in order to keep up with inflation $517 monthly boost would be needed to social security payments. >> those are painful numbers. matt egan, thank you for taking us through that. boris? donald trump on the stump and on cnn. tonight the former president and current republican front-runner will be front and center at a cnn town hall event in new hampshire. these are live images of the
10:44 am
town hall site at st. anselm college. trump is going to take questions from new hampshire republicans and undeclared voters. cnn's kristen holmes joins us now live. kristen, you have been in touch with people close to the former president. what are they telling you about what we can expect tonight? >> well, boris, as we know and have learned time and time again, there is no expected when it comes to former president trump. but i can tell you from talking to his advisers that they have huddled with him the last two days, they have gone over questions and what they're really hoping he does is stay on message here. now, they are anticipating questions about yesterday's verdict that found trump liable in that sexual abuse case against e. jean carroll. but that is one of the only things that they are really preparing for, and that's because donald trump, according to his advisers, and we've heard this for the last several years, is not a man who likes to undergo intense preparation like we see from so many more traditional candidates. the big thing to watch here,
10:45 am
though, when it comes to particularly that question, talking about that verdict is how the voters respond in this room. we know that everyone here is going to be a republican voter, someone who plans on voting in the primary. how are they going to respond to the latest legal entanglement that trump is liable in this verdict. and that's something we haven't seen yet from republicans. it's something to watch very closely. >> yeah. a major conversation going into the 2024 election and also the republican primary coming fast. kristen holmes, thank you so much for that. jim? >> daniel perry, convicted of killing a protester at a black lives matter protest, now sentenced to prison. but how much time will he actually serve? as the governor of texas is now pushing for a pardon. and a woman who wrote a book about grief following the death of her husband is now accused of having killed him. bizarre allegations that she poisoned him with fentanyl. that's coming up. the house whisperer! this house says use realtor.com to find options within your budget.
10:46 am
good luck young man. realtor.com to eacach their home. at t-m-mobile, your business will save over $1000. what are you going to do with it? i could use a new sign. with t-mobile r business, save more than $1000 versus verizon. anwith our price lock guarantee, we'll never raise your rate plan. ever.
10:47 am
meet the future. a chef. a designer. and, ooh, an engineer. all learning to save and spend their money with chase.
10:48 am
the chef's cooking up firsts with her new debit card. hungry? -uhuh. the designer's eyeing sequins. uh no plaid. while mom is eyeing his spending. nice. and the engineer? she's taking control with her own account for college. three futures, all with chase. freedom for kids. control for parents. one bank for both. chase. make more of what's yours. this is the all-new tempur-pedic breeze mattress, and it's designed to help you feel cool. so, no more sweating all night... ...no kicking off the covers... ...or blasting the air conditioning. because only the tempur-pedic breeze is made with our one-of-a-kind cooling technology - that pulls heat away from your body. so, the mattress feels up to 10° cooler all night long. during the tempur-pedic memorial day sale, save up to $500 on select adjustable mattress sets, and experience deep, undisturbed rest. learn more at tempurpedic.com
10:49 am
10:50 am
this is cnn central. here's a look at some of the other headlines we are following this hour. just a stunning, happy story in michigan. an 8-year-old boy survived at being lost for two frigid days in a state park. he ate nothing but snow to stay hydrated. sheltered under a log with branches and leaves to stay warm. police say he went missing on a family camping trip after he
10:51 am
wandered off to collect wood. also, invitation declined. the back-to-back college football champion georgia bulldogs will not be visiting the white house to celebrate their championship. in a statement, the university says the scheduled date of the visit was, quote, not feasible, given the student athlete calendar. no college football champion has been to the white house since lsu visited back in early 2020. and finally, senator dianne feinstein is back on the hill. the 89-year-old democrat has been away from congress since february, recovering from shingles. her absence from the senate judiciary committee has held up the confirmation of multiple biden-nominated federal judges. lots of impatience with that, brianna. >> certainly has been. daniel perry, the u.s. army sergeant accused of murdering a protester at a black lives matter rally in 2020 has been sentenced to 25 years in prison. he shot and killed 28 year old garrett foster, who leaves behind his fiancee, a quadruple
10:52 am
amputee he took care of the for the past 11 years. prosecutors honed in on violent and racist social media posts and messages that perry sent. some of what he said included, quote, i might go to dallas to shoot looters and, too bad we can't get paid for hunting muslims in europe. cnn's lucy kafanov is joining us now with more on this. lucy, tell us what happened during today's proceedings. >> reporter: well, brianna, it was relatively quick, at least the sentencing portion when the judge issued that 25-year prison sentence, we saw daniel perry burst into tears. he leaned forward, his head in his hands, crying. he was facing up to 99 years behind bars. his defense team argued for a sentence of ten years. they wanted the judge to take into account that he was a military -- served in the military. but of course, he wasn't only one. amy cone garrett foster was an air force veteran, a point his sister emphasized. >> pause for a moment.
10:53 am
we'll go to new york where president biden is speaking right now as he and republicans are facing off over the debt ceiling. >> it's good to be back. it's good to be back. governor hochul, thank you for welcoming us to your state. and she's helping new york lead the way in making things in america. and i mean, making things in america. not importing them, making them. sending products out, bringing jobs back. my friend, the majority leader chuck schumer can't be here today. i don't know what he's doing. he's just down there, trying to settle a crisis. he's the best there is, man. i want to thank him for working so hard for the people of the state and for being such a great participate. nobody's been a greater fight for women's right in the congress than senator kirsten gillibrand. god love her. i've been backing everything she's wanted to do for a long time. when she comes in and asks for something, just say "yes."
10:54 am
she's taken on the military and she's made -- she's a game changer. and it's great to see representative jamaal bowman. a life-long educator. champion of the next generation, and republican congressman mike lawler is here as well. mike's on the other team, but you know what, mike is the kind of guy that when i was in the congress, he was the kind of republican i was used to dealing with. but he's not one of these maga republicans, which i'm going to talk a little bit about. i don't want to get nhim in trouble by saying anything nice about him or negative about him, but thanks for coming, mike. that's the way we used to do it all the time. and i want to acknowledge all the state and local officials, as well. the president, belinda miles, thanks for hosting us. and my -- madam president, my wife teaches full-time at a community college in northern virginia. and she's been teaching for a long time. she says two things.
10:55 am
one, a community college is the best-kept secret in america. they are. and two, equally as important, any education -- any state that out-educates us, any country that out-educates us will out-compete us. it's a simple proposition. this is a really important moment. there's a big debate going on in this country about protecting america's hard-earned reputation as the most trusted, reliable nation in the world, and about how we fix the long-term fiscal health of this nation. the debate with an enormous implications for the american economy, and quite frankly, for the world economy. that's not hyperbole. for the world economy. it's important for the american people to know what's at stake. this isn't just a theoretical debate going on in washington. the decisions we make are going to have real impact on real peoples lives. and that's what i'm here to talk about today. so let me tell you a story about what's going on. there was a very extreme wing in the republican party in the
10:56 am
house of representatives referred to themselves nows, i've been calling them this for a why, but now they refer to themselves as the maga republicans. and they've taken control of the house. they've taken control. they have a speaker who has his job because he yielded to the, quote, maga element of the party. and they're doing the best -- to the best of my knowledge, what other political party has done in our nation's history. they're literally, not figuratively, holding the economy hostage by threatening to default on our nation's debt -- a debt we've already incurred. we've already incurred over the last couple hundred of years, unless we give into the threats and demands of what we think they should be doing with regard to the budget. this could be incredibley damaging. here's what the speaker has put forward. he says he's going to take funding, how we fund government back to what the levels were in 2022. before the omnibus bill.
10:57 am
and they secexclude any cuts in defense. back to spending we spent in 2022, but we're not going to make any cuts in defense, which we spent in 2023. we're calling it 2023. you may remember, in the state of the union, i got our republican colleagues to agree somewhat spontaneous ly to protect social security and medicare from many cuts. i said, let me get this straight. you're not going to cut medicare. they said, that's right. i said, you know what, you're on camera. they can see you. well, so far, they're not cutting social security, so far. not only do they rule out any new revenue, they're still determined to make permanent the $2 trillion tax cuts that are due to expire without paying a penny of it. look, here's what that leaves us with. this basic sort of math. it leaves us with a requirement
10:58 am
to cut 22% of everything else in the budget in order to meet the requirements they're demanding that we limit the 2022 budget numbers. the speaker and the republicans don't like that i point that out. but that's not my opinion. it's just basic math. and here's what it does. it makes huge cuts in important programs for millions of working and middle class americans, programs that they count on. according to estimates, the republican bill would put 21 million people at risk of losing medicaid, including 2.3 million people here in new york state and 78,000 people right here in westchester county. it's devastating. it's not right. the republican plan would cut federal law enforcement officers. 30,000 including 11,000 fbi agents, 2,000 border agents, dea agents, and so on. they would be cut in order to
10:59 am
meet the requirements. they would have to cut that many law enforcement officers. it risks shutting down 375 air traffic control towers, including five right here in new york state, like westchester county airport. because we don't have enough personnel. and i've long believed that we have many obligations as a nation, but the only -- if you've heard me say this before, i apologize for repeating it, but we only have one truly sacred obligation. many obligations, one sacred obligation. and that's to equip those we send to war and take care of them and their families when they come home. that's a sacred obligation. for real. and that's why i fought so hard and i was so proud to sign the bipartisan pact act that takes cares of millions of veterans and exposes the toxic materials and take care of their families as well. my son went to iraq for a year, was one of the healthiest guys
11:00 am
in his outfit. came back with stage 4 glioblastoma, having lived just less than a quarter highly from one of those major burn pits. and you saw what happened when the trade towers went down, what happened to all of those firemen and exposure to toxic chemicals. under the republican bill today, they would cut 30 million veterans' health care visits. the way they do that, that's including nearly 2 million health care visits for veterans in new york state, because there's not enough personnel. there's not enough personnel. the difference between the 2022 budget, which they want to get back to, and the 2023 budget, is i increased the funding for the veterans' administration by $22 billion. and the reason i did it -- and the reason i did it, and probably some of you

116 Views

info Stream Only

Uploaded by TV Archive on