our app on your cell phone or conn connected tv. i'm elise preston, cbs news, new york. ♪ >> announcer: this is the "cbs overnight news." >> good evening. thanks for joining us overnight. president biden begins the week with a celebration. tomorrow he is expected to sign the roughly $1 trillion bill aimed at rebuilding and improving the country's infrastructure. mr. biden will also meet with china's president in a virtual meeting. well, today as the president returned to the white house from camp david, trouble is brewing, in part due to rising economic discontent. cbs' kristina ruffini is at the white house to break down some of those concerns. good evening, kristina.

>> good evening, jericka. when you look at the numbers as a whole, the problem is so is the price of almost everything else. >> we are seeing some broad-based price increases. >> reporter: in an interview on "face the nation," treasury secretary janet yellen says covid caused a seismic shift in the way americans spend their money, leading to shortages. >> there is an economic cost, and americans feel it. >> reporter: the consumer price index which tracks the cost of everyday items from eggs to pickup trucks jumped 6.2% in the past year. and speaking of eggs, they're up, about 12%. so are cars and trucks. a new one will run nearly 10% more. and a used one? 26%. brian dees, head of the national economic council said today the democrats' nearly $2 trillion build back better plan will help stabilize the economy.

>> this bill is actually going to address the core costs that american families are facing. >> reporter: but republicans disagree. >> every republican opposes this boondoggle. y owmostmens a new poll out e,s wellthe $1.2 trlion transportation bill. but 70% say the economy is in bad shape. and only 39% approve of the way president biden is handling it. >> kristina, also making news over the weekend in d.c. is that former trump adviser steve bannon is expected to turn himself after being charged for contempt of congress. what more do we know? >> reporter: cbs news has learned that bannon is expected to self-report to a d.c. court tomorrow. he'll then likely be released on his own recognizance. members of the january 6 investigative committee say they hope this will prompt other reluctant witnesses to cooperate. earlier today in a statement former president trump called the charges a subversion of justice.

jericka? >> kristina ruffini at the white house, thank you. turning to covid, the number of cases across the country is going up. going in the wrong direction, infections are suddenly rising again after two months of declines. we get more tonight from cbs' lilia luciano in lngeles good evening. >> reporter: good evening, jericka. hospitalizations are also going octuplet here in the west, and there is increased concerns about waning immunity, that older vaccines may not be as effective in slowng the spread. crowds are enjoying the outdoors in los angeles today. but for the first time in two months, covid cases are rising again across the country. with thanksgiving fast approaching. >> we're going see a post holiday spike. there is no question about that. people are exhausted right now, but we need to remain vigilant. >> reporter: colorado is among the countries a biggest hot spots for covid-19, despite a high vaccination rate. governor jared polis is joining

other state leaders including california and new mexico to ignore federal recommendations, making booster shots available to all adults. >> i've been very frustrated with the convoluted messaging out of the cdc and the fda. everybody should get the booster after six months. >> two. >> reporter: some states are expending efforts to get shots in arms, especially children. outside sacramento, eager parents brought their kids to a drive-through clinic. >> it is very important. well want to keep them safe. >> reporter: but today brazil, once a pandemic hot spot edged past the united states in vaccinations. 60% of brazilians are fully vaccinated compared to 59% of americans. and in nebraska's lincoln zoo, covid is being blamed in the deaths of three rare snow leopards. two infected tigers did recover. experts say those boosters are important because they could increase the effectiveness of an older vaccine from 50% to 95%. jericka? >> lilia luciano, thank you. with infections surging in

europe again, austria today took a drastic measure and imposed a nationwide lockdown on unvaccinated citizens. the restrictions sparked protests in vienna. people without shots can only leave home for work or to buy food. if they leave, they face fines. well, there are a few health concerns now about queen elizabeth. today the 95-year-old monarch missed one of the most important dates on her calendar, a service honoring britain's war dead. cbs' elizabeth palmer is in london with the latest. ♪ >> reporter: at sunday's remembrance day ceremony commemorating military deaths since world war i, prince charles was among the dignitaries, and so was his son, prince william. but conspicuously absent from the balcony where today royal wives stood was the queen. it's only the seventh time she's missed this solemn ritual in 70

years. since her own days serving in world war as an ambulance driver. in the past, she was absent only because she was either pregnant or traveling. today, says the palace, she missed the ceremony with regret because she'd sprained her back. queen elizabeth remains remarkably active, but she is 95. recently she has been using a walking stick, and in october spent a night in hospital for what the doctors called tests. the nation has been gradually getting used to the idea that other royals would be taking over some official duties, while the queen, like many of us, figured out zoom and worked from home. >> i'm very glad to have a chance to see you, if only mechanically this morning. >> reporter: just a couple of years ago, as the uk prepared to host the historic cop26 climate change conference, the queen

changed her mind about attending in person. >> when nations come together in common cause, there is always room for hope. >> reporter: and sent a video message instead. buckingham palace is, above all, discreet on the subject of the queen's health. but the mood music around her absence from today's ceremony suggests there is nothing to worry about. jericka? >> elizabeth palmer reporting tonight, thank you. japan's former princess arrived in new york city today after leaving the royal family for a new life. mako komuro arrived at the airport with her husband, kei komuro. the couple wed last month. they plan to live in new york. under japanese law, female imperial family members forfeit their status when marrying a so-called commoner. the "cbs overnight news" will be right back.

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♪ >> announcer: this is the "cbs overnight news." i'm jericka duncan. thanks for staying with us. the federal government put student loan payments on hold during the pandemic, but americans will likely need to start paying again next year, and the numbers are staggering. more than 45 million people in this country owe nearly $2 trillion. when we visited a university that is easing the financial burden for students as some lawmakers push for cancelling student debt entirely. here is "cbs mornings's" co-host nate burleson. >> is all student debt cleared at the university from. >> 2020 in february then in the

fall of '20 and the spring of '21, we eliminated student debt. >> they're trying to ah solution to an ever growing problem that. >> already were facing a lot of issues with covid, okay. we had money through the american rescue plan, and we said you know what? this is something we have to share. >> reporter: aaron walton is the president of the country's largest hvcu. they're one of a handful of schools currently reducing the debt of tuition on students. and that debt has skyrocketed. over the past decade, student debt has seen a 100% increase, with average borrows $40,000. and for black graduates, that number even higher. they owe on average $24,000 more than white graduates. have you had conversations about what student debt forgiveness has meant to students here? >> their families had suffered because of covid.

they were thinking of dropping out of school. and the fact that we were able to pay off their debt for that term allowed them totayhere so wempact mely. before the pandemic, i ate breakfast, lunch andr wi >>wow. >> in the cafeteria. i live on campus. i'm here 24 hours a day, seven days a week. do i know them? probably too well. >> i was able to furnish my apartment a little bit, get myself a bed. like i didn't have to sleep on the floor. >> reporter: you were sleeping on the floor? >> yeah football, while. >> reporter: junior shemar palacio someone of those students, eating at the university's cafeteria alongside walter. the 21-year-old who one day wants to work in graphic design had his account zeroed out earlier this semester. he thought it was a joke. what did it say? >> it said hey, if you owed us anything from the spring of 2021 back to fall of 2020, spring of 2020, you're done. you're clear. i had a huge back balance.

and going into this semester was going to be tough, really tough for me. how am i going to get this done? >> cancelling student loan debt is the single most effective action that president biden can take to help close the racial wealth gap. >> reporter: the balloons student debt crisis has grabbed the attention of lawmakers in washington. >> president biden has an opportunity and a responsibility. >> reporter: including representative ayanna pressley of massachusetts. if i was president biden and you were sitting across from him right now and you could speak your heart on this issue, what would you say to him? >> i would say we find ourselves in an unprecedented moment, which represents an unprecedented opportunity and responsibility. cancel student debt. this is transformative. it is directly impactful. it is an economic justice issue. it is a racial justice issue. so you have the authorities, the stroke of a pen. just do it. >> reporter: the biden administration has already canceled $11.5 billion in student debt for more than half

a million american borrowers. >> hopefully it shows up in our policy. >> reporter: but pressley wants to see more from his education department. this is on congress to pass legislation to forgive numbers this large, is that simply an excuse? >> i'm a firm believer in the power of legislation. every option should be on the table. however, why go through a legislative process when president biden has the authority to immediately right now stop the hurt? >> repo . >> you don't know the relief that give to your students. >> it represents choice. >> reporter: back at cheney, he sees it not as a handout, but as an investment in people. >> so we've got look at retention. how do we keep the students? we lose some opportunities to have folks at cheney that will be the next ed bradleys to work

for cbs that graduated from cheney. it's about access and we made forermanent students.

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now researchers say a surprising new treatment involving ati >> i stabbed myself in the neck and the wrist with a knife, and i just wanted the pain to stop. >> reporter: a series of pulitzer prize winning photographs captured the agony of former marine scott osterman, his life overwhelmed by ptsd after two tours in iraq. 12 years of nightmares, panic attack, and failed relationships, a danger not only to himself but to others. >> deep down, i was angry. so really, i think i was just looking for a fight. >> reporter: what were you angry about? >> i was angry with myself. i felt guilty for some of the things that i failed to do when i was overseas. >> reporter: failed to do? how? >> i watched my friend burn alive inside of a humvee, and

the fire was too hot and i dn't g to him.ni for that. >> you're being haunted by a memory of something that happened to you rachel yehuda of mt. sinai hospital in new york has spent 30 years working with veterans and other victims of pt p ptsd. >> the dart treatment for ptsd has been psychotherapy, and there are two medications that are fda-approved for the treatment of ptsd, both of which are antidepressants. >> how effective is the treatment? >> the treatments tend not to really solve the problem for most people, but they are better than nothing. >> reporter: desperate for relief, scottser man answered a facebook ad seeking volunteers for an fda-approved trial using better known by its street name,

ecs ecstasy. >> it really did change my life, in a short period of time, in six months. >> when i first heard about this, i thought to myself, how could this possibly be a good idea? psychedelics were illegal and designated by our government as being of potential harm and no medical benefit. >> reporter: then at the annual burning man festival in nevada, she metric. >> i knew that mdma was great for ptsd in 1984. >> reporter: dom heads a psychedelic research organization called maps, and for decades has been fighting laws which made psychedelics illegal. >> when we think about now how many people over the last 50 years could have been saved from suicide or depression if the research hadn't been shut down, it's a tragedy. >> reporter: was not until 2016 that the food and drug administration authorized phase 3 trials for mdma, the same kind of phase 3 trials covid vaccines went through to prove they're safe and effective.

>> the results from the latest phase 3 trial of mdma were just astounding. >> reporter: so the studies, have they produced specific results? >> two-thirds of the people that were treated with a course of mdma no longer have ptsd. >> reporter: would you call this a breakthrough? >> i would absolutely call this a breakthrough. >> reporter: what does the fda think? >> they've designated mdma psycho assisted therapy as a breakthrough approach. >> reporter: what does that mean in terms of what you can do now? >> well, it doesn't mean you can start taking mdma on your own. it means that the data are so good that let's get this on a fast track for approval. >> reporter: but life on that fast track costs money. >> the biggest obstacle really for us was raising the funds to do the research. because pharmaceutical companies were not interested. the major foundations were not interested. it was all too controversial. >> thank you.

>> reporter: enter bob parsons, a maverick billionaire who first took psychedelics three years ago. how much a difference did taking psychedelics make in your life? >> the quality of my life increased dramatically. >> reporter: sent to vietnam, a month later he was wounded. >> this is a picture of me in field hospital. >> reporter: it was the last he saw of combat, but the war continued the haunt him. >> i was a completely different guy that came home than the guy that left. the guy that came home, he had a short temper, never felt like he belonged no matter where he was or who he was with. >> reporter: was it getting better? was it getting worse? >> i believe it was getting worse. somebody would ask me if i served in vietnam. i'd start crying. >> reporter: parsons made his fortune from go daddy. >> go daddy.com. >> reporter: an internet company which he turned into must-see tv with risque super bowl ads.

now you're a billionaire. what are you going to do with all that money? >> i'm going to do what i can to get psychedelics approved for therapeutic use. >> reporter: parsons has donated more than $7 million to psychedelic research. under the influence of mdma, scott ostrum was able to visual visualize his demon. >> it started opening up to me in different layer likes an on onion. and each layer revealed like a new memory. it was almost like the layers were opening and opening and opening. >> reporter: at the center, he found a part of him he calls the bully. >> it was a terribly frightening creature. >> reporter: the bully is basically the person you had to become in order to survive two tours in iraq? >> that's right. that's who the marine corps trains you to be, a fighter and a killer.

and that's who i had to become to survive those deployments. >> reporter: with the aid of two psychotherapists, he was able to come to terms with it. >> after those three mdma session, i haven't had a nightmare about the war since. >> reporter: do you suffer panic attacks anymore? >> nope. >> reporter: do you have any thoughts of suicide? >> nope. >> reporter: but like a drunk getting sober, he can't undo all the damage done all the years lost. >> you know, i spent over a decade pushing people away and making my life harder on myself and not loving myself. so as far as dealing with the combat part of my ptsd, we were successful in that. but i -- i still think i can be a better person. i still think there is room to grow. >> reporter: mdma may be a breakthrough, but it's still a

trial drug, not likely to be available to the estimated one million veterans suffering from ptsd until

> aght.ksgi i just ten d awayieve that? well, if you haven't picked up turkey yet -- i haven't -- you might have trouble finding one. here is john lordson from our cbs minnesota station wcco to explain. >> i bought the turkey. i don't have anything else ready yet. so working on it. >> reporter: when the calendar flips from october to november, shopping lists have a tendency to get longer. thanksgiving is a time for grocers to cash in. grocery stores see a well over 100% increase in turkey sales during the month of november. but challenges over the past year may impact the availability of certain types of turkey. >> we saw one of the only true butter baesed turkeys in the

whole nation. >> reporter: joseph hayden says he has noticed supply issues across the industry. >> we're going to take care of you. 's titer. it gets a little lower before your next truck. you don't have the big back supply. but we've got plenty to take care of the everyday customer. >> reporter: nationally butter bal says there could be fewer smaller turkeys this year because of logistical issues. >> it's been more of a challenge getting trucks. everything in the last couple of years has been a little challenging, even down to boxes. >> reporter: larry schultz is an organic turkey farmer. he said it used to take him three weeks to get certain packaging products for his business. now it's taking up to eight weeks. he blames it on labor shortages across the supply chain. >> we need to get people back to work to be able to handle some production. >> reporter: it means he is putting in more hours with a smaller staff himself, to make sure his turkeys get to where they need to be. >> it's crazy. i always say this week and the next two weeks are the busiest weeks of my whole year because

everything comes into a fall harvest. >> reporter: john lordson, cbs news, minnesota. >> that is the "cbs overnight news" for this monday. hope you have a great week. from the cbs broadcast center in neyork city, i'm jericka duncan. this is cbs news flash. the youngest victim of houston's astroworld festival has died. blount is the tenth person to die as a relative humidity of the deadly stampede. jury selection begins this week in the federal trial for former jeffreytein associate ghislaine maxw maxwell is facing charges after prosecutors say she helped procure underaged girls for epstein. and taylor swift surprising fans again with new projects. the superstar dropped a sneak peek of a new music video for "i bet you think about me." the song is on a surprise red

recorded version of her grammy nominated album red. for more news, download the cbs news app on your cell phone or connected tv. it's monday, november 15th, 2021. this is the "cbs morning news." death toll rising. another person has died in connection to the crowd surge at a travis scott concert in houston. this time claiming its youngest victim yet. closing arguments. today lawyers wrap up their cases before kyle rittenhouse's fate is put into the hands of a jury. and adele dazzles. the superstar wowed fans on and off the stage as part of her cbs special "adele: one night only." the performances and her candid conversation with oprah.

good morning.