>> school to grade pipeline is real in baltimore city. parents are sending them to school saying i want you to be safe. education is no longer the priority. >> sandra: a big statement and that was jovani patterson, father of two, raising them in baltimore and sending them to a public school. now he's suing the school district accusing the city of misusing funds. >> john: how else can you explain stats like this, nearly two dozen schools, not one kid proficient in math. he says that basic lack of education is fueling the violence or the school to grave pipeline as he calls it.

he joins us to talk about possible solutions, all new at 2:00. >> sandra: welcome back as "america reports" starts hour two. still in shock, not one student at that school reading at grade level, that should be a four alarm fire for most and a big red flag for the district, john. >> john: absolutely, looking forward to hearing from him in a few minutes. john roberts in washington. also new, young americans falling behind on home ownership, financial independence, even a full-time job and living not at home. all things that make up what we know as adulthood. could low marriage rates be driving it. a professor helms the national marriage project what's driving this generation to fly solo. but start with a fox news alert on the economy. >> sandra: all right, any moment now, a live look inside the briefing room at the white house, karine jean-pierre set to brief reporters any moment now. it has been pushed back just a

bit, some activity in the room after the may jobs report blew past wall street expectations. administration is adamant it is their top agenda item. >> what is president biden's top domestic priority? >> well, we have always been very clear his economic -- clearly his economic policy is something that's important. >> john: a majority of americans say the president's policy is not working, especially when it comes to their wallets. 34% say they are in good financial standing. >> businesses are feeling the impact. more and more consumers backing off on pricey products. >> john: are we headed for recession? more ceos say it's possible. we'll ask the money panel next. >> sandra: first jacqui heinrich is live on the north lawn for us, as we await the press briefing.

some questions could come up on this. >> i think they probably will. the president is set to deliver his first oval office address tonight after the debt deal cleared the senate and a statement earlier signalled that he will be talking about the jobs report. he said the numbers show "in short the biden economic plan is working and due to the historic action taken by congress this week, my economic plan will continue to deliver good jobs for the american people and communities throughout the country. i look forward to signing the bipartisan budget agreement into law." but the bill may not reach the president's desk until tomorrow, and fitch keeping the credit rating on negative watch, regardless of the bill passed, it means the economy might not yet be in the clear, despite the markets rising as investors welcome jobs numbers and the passing of the debt deal. overall, a strong jobs report, 339,000 jobs added in may, showing momentum in the economy, despite rising interest rates

which may complicate the decision whether to pause increases this month. and highlighted some ongoing issues with the unemployment rate, 3.7%, slightly higher than forecast, the total number of unemployed people substantially grew and wage gains also slowed. analysts say it could work out well for biden. >> i think there is a potential here for attitudes about the economy to turn around. the fed pulling back, the stock market coming back, you know, over 60% say the economy is quite bad now. this could change and that would be a pretty good development for joe biden. >> this means we probably won't see the white house shift away from economic policies while republicans hammer on inflation high, according to a pay cut, and fox polls showed 90% of americans are extremely concerned about inflation, calling it their top issue, sandra. >> sandra: seems to be a disconnect with what is

happening with the markets and the employment situation and then the reality for the economy and how people feel about their current financial situation. we'll talk to our econ panel about that coming up. john. >> john: don't worry, sandra, the market will go back down again. might show strong hiring overall but many businesses are in desperate need of workers and cannot find them. lydia hu is live in seaside heights, new jersey, a quick start on the weekend. lydia, what are they doing to attract workers there? >> hey there, john. we are at an entertainment complex called casino pier, offering incentives, good ones, college scholarships, free meals, amusement park tickets. we are here with maria who manages the complex. have incentives helped the hiring situation? >> it has, people love to enjoy our park and also other parks.

we need the 16 plus-year-olds we are not getting anymore. >> new jersey is one of a handful of states that have changed labor laws in the past year, now 16 and 17-year-olds can work up to 50 hours in a week. has that helped? >> definitely helped. we have a long day for the water park and the ride, we need them to work longer, that helps. >> still need more? >> still need the 14 and 15-year-olds so have longer hours as well. >> maria said they are seeing more applicants and hiring, older americans, some coming out of retirement, maybe not a great sign people need to do that right now, but if there's any place to come back to work, maybe the jersey shore is the place, not a bad place for the summer. back to you, though. we have to get to a game of skeeball, john. >> john: the all important skeeball. sandra, more breaking news this afternoon. >> sandra: update on the situation in new haven,

connecticut, just outside of yale university. brand-new live aerial images from the area and the partial building collapse this we have been telling you about. people have been rescued there after this building partially collapsed near yale university campus. new haven firefighters, other authorities responded to the scene there as reports came in of this partial building collapse. people were trapped a few blocks away from yale. very few details immediately available to us but officials say that there appear to be no fatalities. several people were removed from the building. initial information indicated there was a partial collapse of that building under construction, lafayette street and some people were injured. still awaiting more details. police and fire department officials are obviously trying to provide updates on the ground. multiple ambulances reported at the scene but this is a pretty significant building collapse now that we are seeing it.

obviously it is a partial building collapse. but obviously this is all the information we have at this point. some people were rushed to the hospital, john. >> john: looks kind of like they were building the parking garage, concrete smoothing machines, putting in a floor or -- i don't think that would be a roof, looks more like a floor and a parking garage underneath, and the section collapsed into the lower levels. that's a pretty significant collapse. >> sandra: very few details, but any time you get word of someone who can be trapped in the building, no reason to believe there are any fatalities, but as soon as we get word, we'll bring that to our viewers. so we'll monitor the situation

in new haven, connecticut. bring in dan greenhaus, alternative chief economic strategist and robert wolf, former economic adviser to president obama and fox news contributor. it goes back to something, dan, that john keeps teasing me about when we quote the markets, the markets go up, markets go down, historically they go up. but i just pulled up a chart as long as i could go back to 1982, all the american stock market has done when you look big picture is go up. yes, it has momentary lapses, bear markets, corrections over time but does appear with the rally today there is hope we are going to climb out of what has been a bear market for the u.s. stock market. >> we were just saying off air a story the other day if bush 43 had won, so to speak, and gotten social security funds partially invested in the stock markets

that social security retirees would have something like 350% more saved for retirement today than is currently the case. so yes, it certainly does corroborate over long strechtes of time the market goes up. people don't necessarily feel great about the economy, it's holding up better than people thought, myself included, and stock prices are trending higher. >> sandra: the question over the disconnect of what people are feeling, gene sperling, senior adviser to president biden, we invite him often and they mostly decline. he said this about wage growth over a ten-month time frame. listen. >> you do see real wages up over, real hourly wages up over the last year. when you look at the bottom half of the workforce and overall,

from ten months ago, you are seeing a moderate real wage gain. >> sandra: so you have the improvement in the labor market, you've got white house touting that real hourly wages are up over the last year. by the way, have taken a significant hit with inflation, but you've got people saying this when asked about their economic views, whether they are getting worse. is the economy fairer or poorer. right now, the number 83%, robert, up from 78% in april, up from 69% two years ago in april of 2021. people feel like their economic situation is deteriorating. >> yeah, i think you said the perfect word, there is a disconnect. i've been consistent, i've said over nine months there would be know recession. i've been nervous continually of inflation having a longer tail, and wages are up, a little more

than 4%, certain sectors like hospitality and leisure and construction hit the most during covid, they are up in the double digits. so, yes, disconnect. that being said, we still have high inflation. we are still north of 4% and in some areas -- >> sandra: we are at 5. it's a fifth of what we are discussing, go ahead. >> yeah. i mean, we are still not near where the fed is looking to go, which is 2, 2.5%. so with that respect, higher rates coming, and i think that that impacts a lot of credit, that impacts mortgages, so yeah, still this -- there's still this flip of a coin, you know, inflation versus growth, and you know, i think we are in this 50/50 issue. >> sandra: the white house, you

have gene sperling touting hourly wages up, but 5% is massive inflation for people to be living through. touting the jobs report, people don't feel good. 83% say it's fair or poor, 93% of ceos are preparing for recession in this country and six out of ten economists, republican or democrat, say recession is coming. robert, i'll let you weigh in. dan, that's not a disconnect, it's a perilous situation. >> forget my opinions, look at what's happening on the ground. dollar general, one of the three prominent dollar stores, there they just reported and said at the lower end they are seeing clearly the rural lower income consumers are increasingly relying on credit unions and credit cards at higher interest rates to meet everyday expenses, and pay more for food and less for other stuff and that more than anything else will win the argument.

>> sandra: there are some retailers that are showing signs of changing u.s. consumer, robert. any red flags there? also mortgage rates, highest rate since november, the rate on 30 year, 6.8% this week, from 6.6 a week ago. one year ago, average 5%. that's going to hit the average american family pretty hard. >> i think people are going to tighten their belt buckle. we have not seen that. retail sales, consumer prices, spending, it continues to drive this economy. the labor market continues to be strong. i actually think we are going to have wind at our back going into 2024. >> sandra: very interesting stuff, and costco, people are buying less pricey meats like beef, and buying more chicken and pork. thanks dan, robert. >> john: a new study is showing america's young adults far

behind older generations in reaching major life milestones. what is driving that delay? >> sandra: that's a really big question. plus, hunter biden under investigation for violating gun ownership laws. just as his father, the president, pushes for more gun control. will he get a pass by citing the second amendment? >> when you are admitting to the crime and then trying to use the expansive nature of potentially second amendment defenses that are coming out of the supreme court, frankly it's a desperate hail mary. call newday and ask for the newday 100 cash out loan. our veterans are getting an average of $70,000. they're paying off their first high rate credit card, their second high rate credit card, their third, fourth and even fifth high rate credit card and saving hundreds every month. they're paying off their car loans, too, and putting extra cash in the bank for the security every veteran deserves.

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>> john: fbi changing course over the 1023 form which allegedly accused president biden of bribery, the bureau

will bring it to the capitol for lawmakers to look at. gillian turner, the meeting, when is it going to happen and who will be there? >> confirmed by the fbi, the director will bring the original 1023 form to the hill to view in a secure facility, called a scif, instead of lawmakers going to fbi headquarters as originally planned. fbi said the fbi has demonstrated to working with the committee to scheduling briefings and calls and allowing the chair to view information in person. james comer had released a statement yesterday morning indicated he was going to hot foot it over to fbi headquarters monday but fox news has learned that is off the table now. the fbi director has made this accommodation out of convenience for members of congress as they have already seen the document

in question. listen to chuck grassley. >> i read it. let's put it this way. there are accusations in it but it's not for me to make a judgment whether the accusations are accurate or not. my job is to make sure the fbi is doing their job. >> gillian: standard form, 1023, used across the bureau when someone comes forward with an allegation or tip. the specific document here allegedly contains this claim that then vice president biden accepted a bribe in exchange for a policy decision. >> it just means we are not going to be moving to hold mr. coney in contempt, i'm sorry, mr. wray in contempt. james comer needs the document and his investigation into the biden family crime scheme is continuing. >> gillian: fox news this afternoon has confirmed,

interestingly, the document comer wants to see has origins in a group of documents connected to rudy giuliani. he provided documents about the biden family and ukraine. so apparently this document has emerged from that pile. >> john: deepens the intrigue. >> gillian: i don't know how we are going to sleep this weekend. >> john: looks like a piece of paper, for sure. thank you so much. >> sandra: live update on the ground in the situation in connecticut near yale university, a building under construction near the yale school of medicine in new haven, connecticut partially collapsed a short time ago, injuring several people. seven injured, two critical. they were pulled from the debris, officials are giving an update. let's dip in and listen. >> able to communicate with the

foreman here, foreperson here to make sure they had accountability for their folks. and in communication with the hospital at this time. thank our crew and the rescue and chief and for the extreme care that it takes to remove people from that. it's sharp rebar plus one of the walls is still unstable. they did some excellent working under harrowing conditions. and considering what happened in iowa recently, we have been talking about collapses in our areas and they responded admirable. >> sandra: and osha is on the scene, the occupational safety and health administration describing the sharp rebar involved with the construction back. back to new haven here. >> working hard, fire

department, police department, a lot of hard work goes into an incident of this nature. i want to again, between medical response, new haven physicians team here on scene, also osha is here. the new haven building official, the connecticut department of emergency management, homeland security, yale university police, yale university fire inspectors, senior management from yale university and special thanks to the tweed tower. as you may have seen, we had a helicopter flying over the scene and very concerned that that may have shifted things in that building, so they were able to get the helicopter out of here in a quick amount of time. a lot of work goes into this effort, a lot of thanks goes out to the hard work, the men and women here today and i'll turn it back over to the mayor. >> mayor, can you just confirm how many people were hurt or pulled out? we have reports that six were

pulled out, but that yale new haven is treating seven. see if you can clarify that. >> the information we have is seven people were injured, two of them when they left the scene were in critical condition. >> what was the building going to be -- >> so the ground is yale university, yale owns the ground. however, the building is owned by r and s companies. intended to be a seven story residential building, two parking floors below ground, one parking floor above ground and above that is seven stories of residential. they own the building behind you and in general, the size and shape is similar to the building behind you. >> how many of the injured worked -- >> all of them. >> do you know the name of the contractor? >> rms is on their way and they

should answer that question for you because i want to confirm we have the right company. >> how many people did you say were inside at the time? >> 36 people on the building site. i can't say how many were inside versus around the building, but 36 people that were on-site at the time. >> were any firefighters injured in the rescue effort? >> no, just exhausted. >> difference between the time of the collapse -- >> roughly 45 minutes, roughly 45 minutes. >> today's heat play into recovery efforts at all with the cement pour or anything? is that playing into this effort, the heat today? >> in terms of the heat today, no, this was just a standard cement pour that got away from them into an area, from debris we are able to see, benefit of the drone, look at the debris and looks as if all of that pooled toward one side while they were pushing and all of

them in that area went in. >> permit for building on the scene -- >> we have started reviewing to ensure our permit process was done properly. typically on a site like this that is complex, when they do a concrete pour, they have a third party inspection company as well on-site and we are reviewing that as well. i don't know if you want to add anything there, bob, or -- this is bob dylan, our building inspector. >> yeah, i personally have been on-site myself, done multiple inspections on the site. the early stages of the site pouring the concrete now, up about two stories, but at this point we will let osha take over and a stop work order and will not start work until -- [inaudible] >> and one last question. yale has said there was one critical and i know you said two critical. >> so obviously it's a developing situation.

when people left the scene there were seven people injured, two of them were in critical condition. we'll be monitoring the situation and obviously we are really concerned about the people working on-site and hope that they recover. we'll share additional information as we can with you all as well. >> and just to clarify, six were pulled out by fire officials, correct? >> that's correct. >> the cement pour, the garage portion of the building? was this the garage portion of the building? >> the very first of the residential floors. >> take care, everybody. >> thank you. >> sandra: all right, that's the update on the situation there in new haven, connecticut. the building they just described, officials said it's on yale grounds, yale owns the grounds but a company owns the building which was planned to be

a residential building with floors of parking. this is the partial collapse scene from aerial images there. seven injured, two taken away in critical condition from the scene. 36 were on the building site when this occurred. firefighters obviously had to enter the scene, you heard one in the background saying they were exhausted from the situation they went into there, about you that is the update on the ground. hopefully an update from those injured, especially those in critical condition, we will update you on the story out of connecticut when we have more information. >> john: dramatic collapse this afternoon. a new survey says young adults are taking longer to reach key life milestones than previous generations. dr. bradford wilcox, university of virginia national marriage project. put this up, a fascinating study, it was done by pew, which suggests that adults who were 21 are less likely than their

predecessors than four decades ago, having a full-time job, being financially independent, living on their own, getting married, and having a child. it's particularly true for males, so the question to you, dr. wilcox, what's happening here? >> well, john, i think we are seeing among young adults today and see the same patterns for 25-year-olds in the new research as well, and that's more worrisome, 25-year-old pattern, is that young adults are putting a lot more focus on education and work than they are on marriage and starting a family. it's kind of the idea things matter for their lives today. and other big thing playing out as well in this pew report is we are seeing young men status financially eroded. this report from pew indicates 25-year-old men are less likely to be financially independent

today verses 1980, so as potential spouses, husbands, because their connection to workplace is weaker than it was back in 1980. >> john: i put in the form of some graphics here, the key findings from this study. so, here is how far behind today's 21-year-olds are than their counterparts from 40 years ago. do you have a full-time job at the age of 21, in 1980, 64%. these days, 21%. are you financially independent, are you living away from a home, away from your parents, 1980, 62%. 2021, it's 51%. so, that's a little bit closer in that statistic. but by the time people are 25, they typically come closer on two of the milestones, full-time job by the time you are 25. 1980, 3% said yes, 2021, 66%

yes. financially independent, you mentioned marriage and children. 1980, by the age of 21, the number was 32% for people married, 2021, 6%. did you have any children by the age of 2020, 21, 18% said yes, 20216% said yes. that would seem to go hand-in-hand with the financial data in terms of independence and whether you had a job. a question i have. people are living or forecast to live much longer since the year 2000 than they were prior to that. i think 1980 average life expectancy was in the early 70s. people are now expected to live to be 100 years old. so if your life expectancy is that much longer, maybe people think well, i don't feel the need to get married by the time i'm 21, i don't feel the need to have children by 2021, by the time i'm 21, i have a lot longer

life-span than people 40 years ago, and so i have more time to do this. what do you say to that idea? >> john, i don't think the concern that scholars like myself is 21, but 25, and 30-year-olds, decline of marriage in their 20s and early 30s and projecting about one-third of young adults today will never marry, never been in this demographic territory. a concern, a broad scale erosion among young adults in general in their 20s and 30s and orientation to marriage and their ability to get married today and ability to find decent partners. that's important because young adults, including 20 something's, are likely to be happy with their lives being married versus not married, and flourishing financially and socially as well when they are married compared to not being married. >> john: the longevity

statistics and the fact that people who were born these days could expect to live longer than their counterparts from 40 years ago, they feel maybe if they live a little bit more life they get a better education. they save marriage for some time in their 30s. i know child bearing still falls off about the age of 40 precipitously, so maybe they feel by the time in their mid to late 30s they need to have a child or they are not going to do it. are they delaying things more traditional than 40 years ago? >> cap stone model of marriage versus my mom's generation, cornerstone. cornerstone, early 20s, and cap stone, 20s and early 20s. the cap stone model of marriage, pressure on women to have kids in the 30s and 40s, and biological limits there, and some people get off track in

their 20s and they aren't able to find a spouse by the time they hit 30, and miss out on that opportunity. and then it's also important to note that for a lot of 20 something folks there's real benefit to getting married. more likely to be not just happier but using alcohol, so the power of marriage to help people settle down, particularly men, to be frank, we cannot discount that. more and more young adults are either foregoing, delaying or not even considering marriage in their 20s i think is for me at least worrisome. >> john: so what do you think the overall effect of this could be? you mentioned a couple things there about people being happier, and maybe tending not to drink as much or abuse substances, what could the overall impact of society be on delaying things like marriage and child bearing? >> yeah, this is -- i think number one, certainly part of the reason we are seeing

fertility rates in the u.s. reach levels we have never seen before in our history. one reason why -- there are spiking, never married or divorced, so when marriage retreats basically, not just kids but adults are often more likely to be floundering in life, kind of playing out emotionally, playing out with more suicide, more overdoses, and it's also a factor in the nation's falling fertility rates. so, are there are a bunch of reasons why -- i'm not that concerned about getting married at 21 but more and more not getting married at 25 and 30, that's what kind of gets me worried. >> john: all right. we'll keep watching to see if the trend continues. dr. bradford wilcox, good to talk to you and your analysis of things. thanks. >> sandra: state lawmakers are reconsidering california's travel ban, means public employees may soon be able to travel to any state in the

nation, even ones led by members of the republican party. senior national correspondent is live in l.a. with the details. william, why the sudden reversal here? >> well number one, sandra, it didn't work. about half the country now is off limits to california academics who cannot leave to go do research, state employees cannot go to conferences, and the big one, sports teams that can't go to those states, it's a big deal now, especially with ucla joining the big ten and several states that california believes violate gay and transgender rights. now the golden state is waving the white flag, admitting the travel ban did not work. >> i would not call it a failure, but with 23 states on the ban list, it's obviously not achieving the goal that we hoped. >> their hope was a kind of

economic blackmail where red states would suffer financially, blue states could marginalize, it backfired, after north carolina did the bathroom bill and kansas, tennessee followed, and oklahoma, private agencies could deny adoptions to same sex parents and now almost two dozen states are off limits because they allegedly discriminate against sex or gender orientation. republicans say california should stop trying to dictate what other states do. >> instead of just admitting they got it wrong, they want to spend more money in the other states and the only way to do that is repeal this law. >> so, senator atkins has sponsored a new bill that replaces the travel ban with a campaign to run in red states telling them to be more

inclusive, she wants private money but state taxpayers could be on the hook for about 600 grand for that campaign. am>> sandra: very interesting stuff. william, thank you. john. >> john: karine jean-pierre is at the podium at the white house, the week ahead, and starting to take questions, a lot to talk about, including the debt ceiling deal making its way to the president's desk, we have the sent of defense at the shangri-la conference in singapore, voicing a lot of concern the people's republic of china military does not want to speak to the u.s. military about deconfliction and how to prevent the u.s. tipping into a cold war with china, even though dan hoffman in his expertise said we are already there. >> sandra: and the white house, as jacqui heinrich mentioned, karine jean-pierre is likely to be challenged and pressed on the notion that this is a great economy, that you've got this

jobs report that was better than expected but are people really feeling that all over the country when you've got such, you know, feelings of economic peril coming from the average american family that they are struggling through 5% inflation, rising interest rates, you know, as government spending is not tamed, there are big questions going forward over the future of most economic situations for most american familys. we'll see where the questions are on that sort of disconnect that's happening. because john, we are saying that as we get the disconnect, the stock market looks strong, s & p 500 climbing out of a bear market if it closes up more than 70 points, dow is big, interesting things happening at this moment where you've got a majority of ceos predicting we are entering recession, six out of ten economists are predicting the same. so, there is this sort of disconnect and this is a white house taking a victory lap on

what is happening with the economy right now. >> john: why ronald reagan always said he wanted a one-armed economist, so they could not say on the one hand this, but the other hand that. but you are right, a lot of contradictions seem to be going on in the economy and how to make head or tail of it all. >> sandra: dip in here and listen, looks like she's taking questions. >> ok. with that, let's get going, chris. what you got for us. >> so, president had the fall yesterday, the white house said he's fine. was he checked out by a doctor, what was that examination like, the results of that. >> i want to remind everybody what the president -- was in colorado springs for yesterday. he was there to offer his thanks to the dedicated brave women and men and women who are graduating and about to serve in the air force and he was proud, very proud to shake the hands of more than 900 of them beforehand.

so i want to make sure we are aware as commander in chief, that is why he was there and he was incredibly proud to do so. and just, you know, make sure we clear the record here, he tripped over a sandbag on the stage and briefly he tripped and got up and he got right back up and continued what he was there to do. he did not -- there was no need for the doctor to see him as it was related to the fall, and he's doing fine. you saw -- some of you saw him last night off marine one on the south lawn. he spoke to this. so i would refer you back to his comments and so i'll leave it there. >> another question. his speech yesterday at the airport academy. sweden to be accepted to nato. and erdogan earlier this week, assurance given there to make him more confident. >> i'm not going to go into private discussions or conversations he had with erdogan. i mentioned a couple days ago

that the president did bring up sweden and nato and so the president continues to be confident and he's hopefully, we hope that this will definitely occur, that we'll see sweden be part of the nato alliance. >> what can you tell us about the president's remarks in the oval office, what's behind the decision to do it tonight in that setting? >> just a little bit -- well, one of the things i can say why the oval office, why tonight, as you all know, we have been talking about averting a catastrophic default for the past couple weeks, past couple months and how important it was for the president to do that. there is a gravity, as you all can imagine of this moment and so the president wanted to make sure he addressed the american people directly and he's going to be speaking clearly from the oval office behind the resolute desk to the american people for the first time and so during a primetime, clearly at 7:00, primetime hour, and so he just

wanted to make sure that the american people understood how important it was to get this done, how important it was to do this in a bipartisan way. this would have been a first-ever default. we have listed out what could have happened, triggered recession, lose millions of jobs, up to 8 million jobs, increase costs for all americans, talking about retirement accounts and devastating paychecks, that could have happened by monday if we didn't get this done. cause chaos and catastrophe in the world economy, and undermine the full faith and credit of the united states. that's what was able to avert in a bipartisan way, and so the president wants to lay that out for the american people and that's what you are going to hear him do today. >> warning the u.s. credit rating is still at risk even once this deal is done. how confident are you that -- how confident are you a downgrade will be avoided. >> look, we saw a bipartisan agenda come together in a way that -- in a way that congress

should work, right. and it was majority, we saw majority of bipartisanship from both chambers of commerce pass a strong, a strong fiscal responsibility proposal that will reduce the deficit by more than a trillion dollars. that is important to note, and it ensures that the government will continue to meet our commitments which is important to do as well. so, look, the treasury market remains the safest, deepest and the most liquid market in the world and so i'll just leave it there as what by basically laying out what we have been able to do and important for the world to see. >> updates when he will sign the bill at this point? >> it won't be today. the house and the senate have to do their business and so we will work quickly with them to get this done, to sign it as soon as tomorrow but we have to let the house and the senate do what they need to do so the president can sign it.

>> fitch in the statement said repeated political stand-up was lowering their confidence. in the president's speech will he lay out a plan to avoid this and going forward and could he potentially address the use of the 14th amendment? >> so look, i'm not going to get ahead of what the president will say as it relates to the 14th amendment, the president has spoken to that numerous of times. what was important for him was to get the deal done and to take default off the table, what we saw happen these past couple of days. look, the president wants to make sure the american people understand and understood what occurred. congress came together, the leaders came together to agree on a bipartisan -- bipartisan budget agreement that protects the economic progress that we made and that will protect not just the economy but also the american people. and so look, when we think about the investing of america what

the president proposes, the historic legislation, chips and science act, infrastructure law, think of the veterans, the pact act, the important pieces of legislation that's going to make sure we grow the economy from the bottom up and middle out. those are the things the president was able to protect. social security, medicare, medicaid, he's going to lay it out and i'm not going to get ahead of him too much. >> last night you guys put out a readout of a call with president obama where they discussed that deal but other topics. what were some of the other topics and why did you decide to read out this call? my understanding is they spoke somewhat regularly. >> they speak regularly. there was a debt limit situation occurring so important for us to read it out to let them know that the president obama and president biden spoke. no particular -- no specific particular reasoning but just in

the moment we wanted to read out the conversation they had and sometimes people ask when they speak and we thought because of the debt limit, the bipartisanship we saw happening in the last couple days it was important to lay out the president president biden and president obama spoke. not going to get into it from here. i'm sure we will be -- we will hear more on what the other topics are, you know. president obama has been here a couple times but i don't have anything else to lay out specifically. >> is the president concerned with the precedent this debt ceiling standoff we are coming out of sets perhaps in terms of how a party, republicans in this case, not in the white house, might try to pass policies, pass their objectives, priorities in the future? >> meaning -- say that one more time. >> yeah, does this -- is he concerned this sets a precedent in terms of how republicans might try to enact, pass

policies down the road during the next time we get to the debt ceiling maxed out? >> look, i think the fact this is a president able to bring both sides together and on behalf of the american people i think that's important. that's what we are going to point to. i can't speak to what republicans in congress are going to do, might not do, or get into hypotheticals. i think what's important here is that we avoided, averted something that could have been incredibly catastrophic to the economy and hurt american families. that's going to be our focus, you know, not going to get into hypotheticals from here, but i think that what you have seen, what you have all been reporting and seeing the past two weeks, people did not think would happen. people didn't have the confidence the president would bring both sides together to make this happen and it did. the american people won here and that's important to speak to. >> karine, you mentioned the danish prime minister coming on monday. what does the president think of her and would he consider --

there's a reason i ask that, which is -- is he thinking of asking her to stand for nato secretary general? >> look, i can say the two leaders have a broad agenda that they will discuss on monday. they will review our efforts as nato allies and partners to strengthen trans atlantic security and bolster economic prosperity. discuss our unwavering support for ukraine in the wake of russia's brutal war of aggression and efforts to train ukrainian pilots on the fourth generation aircraft, including f-16s, so coordinate whether it's climate change, energy security, global issues, and so he's looking forward, the president i can say is looking forward to his conversation with her. they had a good conversation when they met in nato summit -- last year nato summit in madrid, he's looking forward to continuing that conversation.

i'm not going to get ahead of anything specific. clearly there will be a bilat, an opportunity to see their relationship up close and probably have a readout once they are done with their extended bilateral monday. >> any speculation she might be in line for the next -- to be nato secretary general? >> not going to get into speculation as that. >> this weekend's opec meeting, white house have any expectation or any signal or desire for what may come out of that? >> as you know, we are not members of opec. opec+, not going to get into what conversation or what may come out of that. and so i'm going to leave it there and we'll all see what comes out of those discussions. >> earlier question about his remarks, can you explain more as to why he chose the oval? >> look, he chose the oval because this was really the gravity of the situation of what could have happened, you know,

if we indeed averted, didn't avert, i should say, the defaulting, it could have been catastrophic, could have been catastrophic, so he wanted to talk directly to the american people about what we have been able to do in a bipartisan way with his leadership. coming up with a budget agreement that's going to cut the deficit as i just explained moments ago but a trillion dollars, but also save some important programs that americans need just some basic, basic things that americans need every day and so we think about healthcare, social security, medicare, medicaid, all those things certainly potential for being cut. 21 million people losing healthcare, that matters. and so the president wanted -- wants to lay that out, wants to talk directly to the american people and talk about how we were able to come together and deliver for american families. that's important. we think that's important.

so he's going to use his first oval address to talk directly to them. >> thanks, karine. i wanted to drill further on the display of bipartisanship you talked about, two related questions. has the president talked to speaker mccarthy since the legislation passed or extended an offer for him to come to the white house or the oval? >> don't have a conversation beyond what we laid out a couple days ago after the house passed their version of the bill. the president has spoke to speaker mccarthy after that, after that passage. they have spoken -- they have met about three times in the past -- in the last month, spoken several times and as you saw on monday, the president thanked speaker mccarthy for coming together and having this -- coming together and having this bipartisan agreement. don't have more to share. as the speaker, clearly they will be talking and meeting a lot more on different legislative agendas and issues

but i don't have anything else to share beyond that. >> beyond that, i wonder if people can glean from this that you guys have more of a template for how to deal with the speaker in an era of divided government with the negotiations coming up successful? >> i mean, look. i think what you saw in display, full display the last couple of weeks and look, maybe there's a template, maybe there isn't. but what i can say for sure, right, is that you had leadership in congress, the president come together and lay out in a divided government as you just laid out, go through a negotiation process as we have said before, negotiations are hard, not everybody gets what they want, all that they want. and they came together to deliver for the american people. so i can't speak to a template for future conversations but what i can say is this is a president as senator, as vice president, and now as president, believes in bipartisanship. many people said he couldn't do it when he talked about it during his inaugural address

before stepping into the role and he was able to do that, continue the bipartisanship we have seen on historic legislation and now averting something that would have been catastrophic to our economy. >> thank you. going back to fitch and their continued negative watch, has the white house or treasury or anyone else been in touch with fitch and the other rating agencies even after a deal coming together and are you concerned a downgrade could -- >> sandra: all right, getting a bit of a preview to the president's remarks tonight, talking a lot about averting default and the importance of that in the country. asked off the top by a reporter about the president's fall in colorado springs yesterday. she said "he tripped over a sandbag on the stage, got right back up, continued what he was there to do, there was no need for the doctor to see him, he's doing fine" responding to a

question whether or not he sought medical attention after the fall. >> john: shannon bream, close to the top of the hour, right into this. so, detailed memo from a trump pollster saying the idea of desantis being more electable than trump is a myth. it's clear voters feel they have lots more to learn about ron desantis compared to either presidents trump or biden, when it's filled with his positions, social security, medicare, book bans, six week abortion ban or fight with disney. myth about the electability is punched fast and deflates faster. trump is worried about this guy. >> and he should be. double digits and second place slot for now. it's interesting, because you can look at a lot of polling out there across the country. there are some that are in specific states like arizona and georgia, pollsters claim desantis beats biden but trump does not beat biden.

every poll will say something different. a lot is a rorschach test but key states say there is an advantage to desantis. but when you probe your positions, their votes move one way or the another. >> john: the rnc came out with a criteria for republican debates, 1% in three national polls or 1% in two national polls and 1% in early state polls, have a minimum of 40,000 unique donors and signed a pledge agreeing not to participate in any non-rnc sanctioned debates and pledge to support the eventual party nominee. a lot of the people who have declared so far can get in on this criteria, but a long time to go. the debate stage could be crowded. >> it could, and they will be fighting all summer to be there for the first debate. that pledge, i've asked candidates and you have probably, do, president trump

had to be in on that in 2016 and later, would you really do it, the closer he got to the election, ah, maybe not. you can ask people to get pledges and things to do to get on the stage, whether they stick to them, we'll see. >> john: trump is making the noise he's going to skip the first debate, many believe it's the wrong thing to do, others get the attention. >> we have senators manchin and cotton to talk about the debt deal and holes in defense spending people are worried about and the pipeline senator manchin got, a lot of folks not happy about it, and governor kim reynolds. a big event in iowa, everyone is going, but donald trump. >> john: i did the roast and ride in 2015. >> looks fun. >> john: it is a lot of fun, joni ernst gets on her hog and drives the pack. a lot of hog going on. thanks, shannon. that brings a shortened week to a close, but a busy one

nonetheless. >> sandra: we'll see shannon this weekend, i'm going to join the crew on "the five" tonight, john. have a great weekend, everybody. thanks for joining us. i'm sandra smith. >> john: i'm john roberts. "the story" starts right now, trace gallagher is in for >> good afternoon. i'm trace gallagher in for martha maccallum. right now on "the story," the white householding its first briefing since president biden took that hard fall on stage at the air force academy. here's karine jean-pierre moments ago. >> clear the record here. he tripped over a sandbag on the stage. briefly he tripped and got up. he got right back up and continued what he was there to do. he did not -- there was no need for the doctor to see him as it was related to the fall. he's doing fine. >> but the fall is renewing concerns about the president's age.