tv Alex Witt Reports MSNBC June 12, 2021 9:00am-10:00am PDT
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so break free from the big three. xfinity internet customers, take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes it easy to switch and save hundreds. tiffany will be back next saturday. stay tuned. alex witt has the latest. hi, alex. >> can i thank you so much for the laugh i got about an hour ago when you said you hoped the special relationship between the u.s. and was more than james bond music and -- thank you, i was crashing up. >> thank you so much, alex. to all of you, a very good day from msnbc. it is high noon in the east, 9:00 a.m. out in the west. we begin with breaking news overseas. right now the second day of the
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g7 summit is underway. a short time ago, president biden holding a bilateral meeting with french president macron, part of his first foreign trip as president, with one clear message -- america is back. >> the european union is incredibly strong and vibrant entity in a has a lot to do with the ability of europe to not only handle its economic issues, but provide the backbone and the support for nato, and so i -- we are very supportive, very supportive. well, today's focus is on global infrastructure, combatting china's growing influence and pandemic recovery and prevention. it comes as the president is set to have his first sit-down with russian leader vladimir putin on wednesday. yore -- overnight, a preview into what the highly anticipated meeting may look like. nbc's keir simmons exclusively
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sat done with putin and asked him directly whether he can work with biden. >> translator: it is my great move, but there will not be any impulse movements. first, back in washington, new developments on that bombshell report on the trump doj secretly seizing data, including phone records, from house democrats and their families. a justice department wash dog says it's launching a probe into the subpoenas, as top democrats are demanding attorney general barr and sessions both testify before the judiciary committee. so let's go now to reporters and analysts covering the key g7 developments, new and fascinating remarks by boris johnson a short time ago, comparing donald trump and joe biden. so let's start with mike memoli, joining us from the town of st. ives in cornwall. a lot going on today for our
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president today. he's in his fourth plenary session there? so what is the latest there? >> reporter: that's right, alex. this is the third full day of president biden's first foreign trip, by far the busiest, already multiple plenary session, a bilateral meeting with the french president as well. yesterday the g7 leaders focused on vaccine diplomacy, the announcement along with the u.s. sharing 500 million pfizer doses with the develops and impoverished nations, the rest of the g7 matches that commitment. today it's what you would call infrastructure diplomat sid. they're announcing b3w as an answer to what the decline ease have been aggressive in doing, working with poorer nations to help invest in what u.s. officials have said is a $40 trillion gap in infrastructure in the developing world. so, yes, today is all about
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counters the rise of china and just how aggressive to be pushing back. there's also, of course, a recurring theme, which is the argument that the many is making toe our closest allying that america is back. we saw that on display as he did sit down with the french president. take a listen to a bit of that conversation we heard from the two of them earlier today. >> we have some things we have to talk about later, but i think things are going well, and we're, as we say back in the states, we're on the same page. >> we have to deal with this pandemic and the covid-19. we have to face those challenges, a lot of crises, climate changes, and for all these issues, what we need is cooperation. i think it's great to have a u.s. president part of the club and very willing to cooperate. i think that what you
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demonstrated, that leadership is partnership. >> reporter: alex, we're also learning this afternoon more details about the president's meeting in just a few days in geneva with russian president vladimir putin. u.s. officials say there will be several sessions, a larger meeting between both parties, a smaller gathering, perhaps just the president and -- the two presidents, i should say, with some of their closest team, and a very interesting development. we all remember what happened this 2018 when president trump had a joint press conference with president putin, u.s. officials say it will just be president biden in a solo press conference after that key meeting. >> you know what was most interesting about emanual macron, he's happy to have, he said leadership is partnership. that's telling there. we're going to go to the fascinating comments by boris johnson. let's go to matt bradley, he's
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joining me from the town the pen sans. what i found interests is how the reporter pushed boris johnson for an answer and they got one, right? >> reporter: yeah, i mean, it was a bit of an answer. i'm not sure it was exactly laying out totally the relationship, but it was fascinating. of all of the leader at the g7, including emanuel macron, boris johnson probably had by far the best relationship with president trump. since this trip for biden is in many ways trying to distance away from trump inch, saying we're going to be joining against with they international institutions, it's interesting, because boris johnson has some catching up to do. you can tell he's trying to endear himself to the new u.s. president. ritz possible he might be thinking he put too many eggs in
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trump's basket. here's that exchange. >> reporter: how would you categorizes the difference in your meetings with president biden versus president trump. >> obviously something is very different. it's taking place in the united kingdom, nots france. >> reporter: i'm referring to your interactions. >> we're accomplishing a huge amount. >> you described biden as a breath of fresh air. >> we were seeing a lot of progress with all the parties around the table. it's absolutely true that with joe biden, you sort of feel that he wants to -- he's a great believer in the transatlantic alliance, in the special relationship with -- >> reporter: he also famously referred to you as a physical and emotional clone to donald trump, i wonder how you responded to that and the relationship is in a better -- >> the relationship is in extremely good order.
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it's extremely good. getting better all the time. >> reporter: was it fair to call you a clone? >> look, i'm not going to -- >> reporter: physical and emotional clone, that's not -- it depends on how you think of president trump, whether you consider that a complicate or very serious insult. when it comes to joe biden and boris johnson, there are some issues despite the chuminess you're seeing on screen and despite the interview. joe biden came out and actually was a little harsh with boris johnson about brexit. remember, back in the day, all the way back to 2016, it was boris johnson championing brexit, the main proponents of leaving the european union, a wish granted to him by voters in the uk. now it seems as though joe biden, who has -- feels some level of investment in northern ireland, he was criticizing boris johnson for this brexit deal he thinking could reignite
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tensions in northern ireland that have been buried. so there's not necessarily that close of a relationship between the two. >> matt bratly, thank you so much for the setup, as i continue our discussion. right now i'm going to bring in jonathan lemire. >> and katty kay, washington anchor for bbc news. welcome to you both. >> pretty hard-hitting questionsing with asked by the journalist. our own keir simmons asking vladimir putin whether or not he's a killer, but this information from boris johnson and the way he's answered it, does it surprise you at all, or is it generally accepted about the difference between the last u.s. leader and the one currently on the stage? >> reporter: i think it could be set enough how different the tone has been between these two american presidents. that has the biggest change.
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let's be clear. there's substantial stuff being discussed and disagreements in g7, but so much of this is, hobnobbing with invite order world leaders and seemingly off to a good start and friendly rapport. he and prime minister johnson here in the uk, they don't see eye to eye on everything, but there's an effort to strengthen those ties is the linchpin to a united western europe which this president wants to have at his back before he goes into the summit with vladimir putin a wednesday in geneva, suggesting that democracies need to band together here to hold off russian aggression, but also to compete with china in -- >> you know, katty, we saw the
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biden/macron meeting, how do you read what's going on at the g7 in those relationships? a lot of this is body language, given the pleniaries session, solve is behind closed doors. >> i think sometimes these meetings people might shrug their shoulders and wonder what is the point, but we've been reminded over the last year about the need to cooperation and about the urgency of something global happening to all of us in the form of covid. so there is more focus on the substance of this g7 meeting than they are on very many of them. on the issue of covid and how the world gets out of covid, the needs to get vaccines distributed not just in the richest countries. we have seen how the variants can come back to haunt us. and then, of course. china and how to deal with china. so, the body language matters in the sense that if ever there were a time for the world to be
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be able to cooperate or show that it's trying to cooperate, this is probably it. that's why joe biden is being received with such warmth by, you know, boris johnson, you're right, there there's history there, but very much trying to say that's in the past with emanuel macron today being the person who says, yes, he's being convinced america is back again. are there friction shuns? sure. are they on the same page with everything? whether it's russia or china or the vaccine program? no, they're not all exactly on the same page, but the fact this was not donald trump, this is joe biden, and that these leaders are happy to work with joe biden, that's already a big difference. >> is it a difference in terms of the mood, jonathan? i know you're following the president in the uk. is there a difference from prior conferences when trump was there? >> yes, i would say so. i think there's a sense of
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relief more than anything. to be sure there are moments when trump, you know, did try to -- or should i say european leaders tried to cozy up to trump. president macron took is the mantle of the -- they're macron, like biden, a very tactile politics, but we remember that famous for youo from 2018 in canada, i believe, where you saw chancellor merkel and other western leaders to try to exhort trump to sign to the communique, and he simply wouldn't do it, so there's more convivality than others. i want to put up that picture and talk about it further with you. look at this. it's a very memorable tans there. all the leaders standing there, leaning in, angela merkel there, donald trump his arms crossed, almost in a defiant, like i'm
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daring you kind of thing. maybe he's just listening. i don't want to read too much into that, but reading into those optics, how important is that in terms of setting a tone? >> i think it's fair enough to read a load. remember, it was when donald trump left that g7 meetings, he was on the plane to go and meet the north korean leader. he left early, didn't sign on the communique and sentence off angry tweets about the canadian premier. that photograph and that g7 meeting is pretty much it. that was the real low point of global cooperation in the face of different threats. you're just not seeing that in cornwall at the moment. you're seeing so much more willingness, at least to try to
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cooperate, and a sense from european allies, who do have some skepticism about whether joe biden really is america on a reset, on a permanent basis. i think they are worried. it's a bit like you split up with some boyfriend and they've come back and said i'm reformed, back, i'm a new guy, and you say i love it that we're back together, but have you really reformed? there's some of that attitude about the united states. they do know there's an election in 3 1/2 years. they watch really closely american politics. europeans are very versused in american politics. they know the fragility of joe biden's majority in the senate, they know that joe biden could be replaced by a trump-like president again. so with all of those concerns, they're very relieved. i think jonathan's world is right, relief, normalcy at a time when the world needs it.
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>> let me ask both of you about the fact that joe biden is meetingsing with vladimir putin on wednesday. there will be a solo news conference at that. how do you interpret that strategy? jonathan, you first. >> first, i have watched katty kay with a relationship show, if you want more information about that. there's nothing more fraught, and the u.s. announced today there would not be a joint conference. we remember what happened with trump. the aides suggested behind the scenes, they want to avoid that comparison, they don't want to elevate putin in that moment, the two leaders standing side by
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side. owner were also concerned in that moment, too, biden, who is 78, at the end of a week-plus trip, putin is good at this, and they might be able to engage and score some points in that last moment. so at least no now, that news conference is off, but we will see them talking in a day-long summit in geneva. >> katty, last thought from you. it's not as if you'll have to do so very delicately, with putin standing next to him. >> the white house is conscious there is some criticism of this meeting happening at all, that's it's kind of a reward to give vladimir putin a summit of this nature at a time when the west generally believes that russia is behaves badly on multiple fronts.
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so there is concern, while we're giving putin this platform, and by not having that joint conference, you take some of that platform away and don't have images of joe biden standing next to vladimir putin. every time the american leader stands next to a foreign leader, it burnishes the credentials of that foreign leader. it's why boris johnson wants the shot with joe biden, week emanuel macron wants the shot with joe biden, and presumably why vladimir putin want that shod, and they're depriving him of that opportunity. our newly minted dear abby, katty kay, and jonathan lemire, thank you both. a message for biden, and the question received with a laugh. highlights from the nbc news exclusive, next. highlights from the nbc news exclusive, next. >> when president biden was asked whether he believes you are a killer, he said, i do.
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with just a few days to go before the high-stakes meeting, president disputen sat down for his first tv interview in almost three years. here's keir simmons. >> reporter: he tells us he's going into next week's summit with relations at a historic low. >> we have a bilateral relationship that's deteriorated to the lowest point in recent year. >> reporter: he last met with an american president in 2018, so how does he compare? former president trump with the fifth american president, he's not set to meet. he told us biden is someone he can work with.
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you once described president trump as a bright person, talented. how would you describe president biden? >> translator: well, even now, i believe that former u.s. president mr. trump is an extraordinary individual, talented individual. otherwise, he would not have become a u.s. president. he's a colorful individual. you may like him or not, about you he didn't come from u.s. establishment. he headline been a big part of politician. some like it, some don't, but that is a fact. president biden, of course, is radically different from president trump, because president biden is a career man. he hayes spent virtually his entire adulthood in politics. a different kind of person. it is my great hope, yes, there are some advantage, some disadvantages, but there will not be in impulse-based movements on the behalf of of sitting u.s. president. >> reporter: we sought down for a 90-minute interview inside the kremlin where i pressed him.
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>> the late john mccain in congress called you a killer. when president trump was asked -- was told that you are a killer, he didn't deny it. when president biden was asked whether he believes you are a killer, he said, i do. mr. president, are you a killer? [ laughter ] >> translator: over my tenure, i've gotten used to attacks from all kinds of angles, all kinds of areas, until different pretexts, and none of it surprises me. as far as harsh rhetoric, i think this is an expression of overall uss culture. in hollywood there's underlying deep things in hollywood, macho, but that's part of u.s. political culture where it's considered normal. by the way, not here. it is not considered normal here. >> reporter: i don't think i heard you answer the direct question, mr. president. >> translator: i did answer. i did answer. i will add if you've asked me.
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i've heard dozens of such accusations especially during -- and when that happens i'mal guided by the interest of the russian people and russian state. sentiments in terms who calls somebody whom and labels, this is not something i word about in the least. >> ana shot dead, alexander lit have i yenno poisoned. sergei allegedly beaten and die in prison. one shot moments from the kremlin. another person died of blunt trauma in washington, d.c., are all of these coincidence? >> i don't want come across as rude, but this is -- they per irat different points of time at the hands of different individuals. lezin used to work in my
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administration. i liked him very much. he died, he perished or died in the united states. i regret to this day he is not with us. in my opinion, he's a very decent, very good person. as far as the others? we found some of the criminals who committed those crimes. some are in prison. we're prepared to continue to work in this mode. >> reporter: today reports that russia is offering to supply iran with satellite technology to help it target the u.s. military in the region. president putin denying those claims? >> translator: at this point, at the very least, i don't know anything about this kind of thing. those speaking about it probably will maybe know more about it. it's nonsense, garbage. what an interview, you can watch more of it on monday. well, joining me now is gerry connelly, a democratic member of the -- also chairman
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of the nato parliamentary assembly. thank you for joining me. >> good to see you. i'm curious about your reese action from what you just heard. >> i was particularly struck from what we used to call in watergate days, the non-denial denial, are you a killer? he never directly denied it. the brushing off of the long litany of people who have been killed or poisoned tess direction clearly of the russian government, a group of people with the fsb, including, you know, his major political opponent, who is now in jail, i think paints a picture of the worth authoritarian tradition in russian culture and harkins back
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to the stalin period, frankly. >> absolutely. you're talking about alexei navalny -- >> can i add one more thing to that interview? >> absolutely. >> i was also struck with his description of trump. i don't mean this facetiously, but frankly, those words could have come out of a lot of mouths of republican enablers in the republican congress. >> be a little more specific, just the generic nature? do you think he tap danced around specifics? >> talented man, didn't come from washington, shook things up, you might not like him, but he -- well, this was a man who didn't know anything about u.s. government and didn't care, who violated democratic norms, who incited an insurrection, who as we're now learning has violated the rights of journalists and members of congress in seeking his department of justice in the worst of the nixonian tradition,
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seeking e-mails and telephone logs to basically intimidate and get dirt on people he would then try to suppress. no wonder vladimir putin likes him. >> can i ask you about that specifically, before i get to some other questions, and that's what you make of this doj revelation by "new york times" and what you think is to come of it? first of all, has something like this happened in recent memory that you know of? >> no, and as some watergate figures say, this goes beyond nixon. i think it's a very dangerous and chilling turn of events by both an administration and the department of justice. i absolutely echo the calls -- the chairman of the judiciary committee, jerry nadler, has made, that we need to hear from
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jeff sessions and bill barr, and their decisionmaking and how that doesn't cross a line, frankly, in terms of separation of powers. congress is a separate, but coequal branch of government. >> before i get back to the summit, this investigation by the doj, how much do you think has to be transparent in order to reassure americans that their department of justice exists and operates without political bias? as it is expected and should. >> i think that's one of the challenges the new attorney general merrick garland has in front of him, and i have coached his's up to the task, but restoring transparency and justice across the board is a month momental challenge. so much damage was done by his two predecessors during the trump years. so, the summit, what do you
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expect from the biden into putin meeting there? >> i'm the only former biden staff member in the united states congress. i worked with him in foreign policy on the senate foreign relations committee for ten years. i can tell you, this is a committed trans-atlantrans-atlad he's going to do everything he can to restore the damage trump had done. i think you've seen it already, a friendly, personal approach, doing a lot of things behind closed doors rather than bashing people in public, using every diplomatic tool he's got to win friends and influence people and build collisions. i think you're already seeing that reflected in public opinion shifts and polling in europe, where almost overnight public confidence in america and in this presidency has really shot way up.
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i think that's not going to solve everything, but i think there's reason to be confidence in joe biden's skills and experience which are very extensive. >> given your position, i want to ask you about what you wrote in "the hill" you say the sin of omission hanging over the june 14th summit is a potential failure by ally to say recognize the exist inchally threat posed by the global march of autocracy, which is quickening its step by the day. how can president biden lead the effort to commit nato to our common democratic values? >> i think he has already laid the groundwork correctly in reminding ally yankss of the threats from the twin autocracies in beijing and moscow. if you look at nato documents.
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one of the things i was referring to there, decline was never mentioned until about four, five years ago t it still refers to russia from ten years ago as a partner. bell, things have changed. we need to take cognizance of that. we also need to recognize the internal threat to democracy. we experienced in on january 6th, but there have been stories done about right-wing extreme tism embedding themselves in law enforcement in italy, and we need to address those. another mass shooting. again please are shooting for a suspect or suspects. the latest in a report from the scene as it unfolds. in a repor scene as it unfolds. bloating, gas, or abdominal discomfort?
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breaking news. at least 13 people are wounded after a mass shooting in downtown austin overnight. kayla washington is there with the latest on the investigation. what do we know this hour? >> reporter: out of those 13 people hurt, 11 were taken to the hospital. police say two are in critical condition. earlier this morning we saw people lingering from the bars, just trying to process everything that happened. over there on the street, we saw crews cleaning up with victims were lying. we know several witnesses called 911 just before 1:30. to give you a better idea of where this happened, it was right in the middle of where all the bars are at here. police jumped into action, first-aid medical responder, and many of them were already positioned downtown for the normal friday night security duty. several victims were loaded in police cars and a truck to get to the hospital.
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ambulances eventually made their way through, but police only gave a vague description of the possible shooter, black man with a skinny build and dreadlox. they don't have any indication that it was tied to the texas republic demonstration for this weekend. i spoke to several who saw the chaos afterwards. >> everything was totally fine. the whole night there was a huge police presence, and we just heard like nine -- >> five or six -- >> a bunch of gunshots going off. everyone got on the ground, we couldn't comprehend what was going on at the time. yeah, we were just totally -- it's city difficult to comprehend what happened. >> reporter: police are still looking for the shooter. moments ago, we say a canine unit out here trying to pick up a scent.
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jayla washington, here in austin. thank you for that. chaos on a plane that forced a plane to land. it was headed from los angeles to atlanta. an unruly passengers certainly disrupted that flight. in fact it got so bad the captain could be heard asks for help to detain the man. >> ladies and gentlemen, this is the captain speaking, we would like all [ bleep ] strong males to the front aircraft to handle a problem passenger. >> wow, i just got the shivers listening. the police were waiting to take that passengers into custody. it is just the latest in a series of problems with unruly passengers who have recently disrupted flights. >> there is new and alarming fallout from wrong going election denials, a visit pictures of those that are still being threatened.
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breaking news in the uk, president biden at this hours in his fourth meeting of the day, the group discussing health, and will be joined by the uk's chief scientific divorce. a short time ago -- >> willing to cooperate, and i think that what you demonstrated is that leadership is partnership, and we do appreciate it. i think we can make progress. >> i think we can do a lot, too. the united states, as i've said before, the u.s. is back. in fact we have new pollings giving inside on how the rest of the world per sieves the biden administration. pew research found that 75% expressed confidence in biden, compared that with 17% for trump
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in 2020. also 62% say they now have a favorable view of the u.s., up from 34% from the end of trump's tenure. ladies, welcome to you both. i'm going to ask you both about these numbers, starting with you, elise? when trump was in office, there was a lot of strain in the relationships between the u.s. and our allies. so the question is, how hard do you think it would be, these numbers notwithstanding, for biden to rebuild that? >> biden will have to maintain the numbers, which will be the struggle after the initial glow wears off but this is basically a complete reversal in the status of america in the world under donald trump to today. you have -- just the g7, so many
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foreign leaders are excited, our democratic partners in the world's largest economies are excited that they have a partner again, that they have a serious individual at the top of the united states, who actually is conducting business. they're having working groups again. all of that just disappeared during the trump years, because it simply was so i chaotic and crazy, so biden is seen as a stabilizing force. that's reflected in the poll numbers. >> there's that, elensia, but these allies built these relationships, then trump comes in, does a lot of undoing of them. trump wednesday again is tease ago 2024 run, do you think that's on their minds of, hey, which one is the anomaly, trump or biden? >> i think what we are seeing from our allies is they want this normalcy, they want the department sit, which is why they have embraced biden and his
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administration with open arms. what we also saw in that research is the confidence in the american democracy and our political system isn't as strong as it used to be. that's on us, and on our political leadership here to make sure they numbers continue to stay steady, regardless of what our president is and that we can restore confidence and be that strong partner, that strong ally and be that global leader that president biden has really told the globe that we are, as well as we have seen in previous administrations, except for the trump administration, unfortunately. >> look, some of that unease may be sparking from this as i switch gears to the new report from reuters, that says that trump's election falsehoods have -- election officials are living with threats of hanging, firing squads, tortures, bomb blasts, include brad raffensperger who in april received a chilling text that said you and your family will be
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killed very slowly. another one to his wife, we plan for the death of you and your family every day. i want to get both of you to react to this. elise, you first. >> it's horrifying, alex, no one who is charged with upholding a free and fair election who does the yeoman's work of making sure we all can vote deserving to be threatened like this. it's horrific that rep leaders have not done more to decry the lies, you know, where they started. you see how that handle happened at you will, now the january 6th insurrection is being cast off as notice that big of a deal. i think it's a huge problem when good men and women are threatened for simply doing their job. >> elensia, can you offer any thoughts on to you to combat it.
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you can try to put truth to -- >> it's so scary reading all those rest our souls. my grandmother was an election worker. i would be live individual if those death threats were sent to her. we have to talk about the erosion of information and how that's spearheading so much of this. it's led to the january 6th insurrection, which elise said, of course, republicans are being -- if we don't address what is already happening, trump is no longer on social media, but it's clear hi ideology is permeating into an extreme right in our democracy. they are actually feeling as though they can enact some of these dangerous and violent threats. much like the co-workers, i would be scared for my life, too. there's no accountability right here. >> it's a little shorter than i
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♪ you wanna go where people know ♪ welcome back, america. it sure is good to see you. federal covid-19 benefits in four states are getting cuff off. they are opting out of the pandemic-era programs almost three months early. we are in jackson, mississippi, what is the impact there? >> you have critics like mississippi's governor who argue the $300 federally funded checks are contributing to labor
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shortages. critics claims the assistance combined with state unemployment is sometimes more than think they would make earning, so they are opting to stay hoff home. one business owner in biloxi said they have trouble getting everyone back. they have about 90% back, but they still need that final 10% to meet the demand they're seeing from customers. he felt initially that they had some health and safe concerns understandably, and also that they were struggling to find childcare. he argued that both of those reasons are not gone, because vaccines are widely available and more and more daycares and schools have reopened, so he believes the final 10% not returning to work are staying home because of the pandemic unemployment assistance. he is glad that the governor in this stays has decided to stop
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that, but he also told us no one can live on minimum wage. so so he raised their minimum wages and also offered bonuses for coming back. i want to introduce you to one person we met in jackson, mississippi, who has been receiving that pandemic unemployment assistance. he lost his job as a fast-food cook in the pandemic. he's been relying to had aid since then. he said it is true, he's not making more money staying home getting the federal and state unemployment aid, but he says that is the problem. he makes more money getting these checks, which really aren't a whole lot, than working, because this state's minimum wage is $7.75. >> this is the poorest state to live in, and the worst city.
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most people want to work, but we would like to also get paid a decent wage. at the end of the two weeks or month or whatever, you know, the pay period is, most people would like to be able to pay their bills. the people making the laws, they're not going to do it. even if it wasn't a pandemic, they wouldn't for $7.75, $8 an hour, so why do you want me to do it? you want me to put my life at risk? for who? >> reporter: many of people here are losing their checks today. it's just the beginning. all republican-led states are going to end this federal assistance months before it was said to end nationally in september. >> thank you so much. as many people return to works without a payday, a new threat to your paycheck has emerged.
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new today, economists identify wust key factors in the spike in consumers prices. let's go to scott cohn, joining us from san jose. i understand you've been talking with small business owners, and their issues is getting enough supplies to talk about the impact it's had. >> sure. that is a big impact. really, that translates to prices, which is what we're talking about. they are passing all of that along to consumers, which you know if you've tried to philip your car, tried to go to a grocery store a like here in san jose, a small family-owned chain, they're seeing eye-popping increasing. all of this the general manager says as the economy trying to
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basically find a way to reballot itself coming our pandemic. >> at first it was always production, production, you know, we have to shut down the facility, we're cleaning, lack of staff, you know, there's always something that had it had with not having the hands to do the work. now we're getting past that and more people are getting vaccinated, you know, there should be more work ready available, you hope they issues will not keep happens. >> reporter: so we're seeing all kinds of inflationary pressures as the economists would call it, whether it's labor costs, logistics, cost of freight, and we have yet to see the impact of the drought on the west. these are some of the figures that the consumer price index that the labor department released this past week. they're pretty stunning, the 5% overall increase, at the height of the housing bubble, food
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price is up relatively tame, but look at energy, and used cars up nearly 30%, the question is whether this is temporary and how it would work itself out. a lot of economists and fed chair powell think the economy will work itself out, but it could get worse, if this goes on, where the federal reserve would actually have to intervene in terms of higher interest rates. economists like diane swann at grant thornton say it's likely to go through the summer and possibly the year, so get your wallet out. >> thanks for delivering the news. good days from all of you, welcome, everyone, to "alex witt reports." we have this breaking news out of the uk, as day two is underway in cornwall.
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president biden at a meeting with the global leaders. a bit earlier president biden set down with the french president macron, biden saying he and macron are on the same page. the g7 summit happens just days ago before the official sit down with vladimir putin. >> translator: we have a bilateral relationship that has detearated to its lowest point in recent years. former u.s. president mr. trump is a talentsed individual. president biden, of course, is radically different from trump. it is my great hope that, yes, there are some advantages, some disadvantages. interestingly in the last hour, gerry connelly told me the way that putin describes donald trump is very similar to what we hear from some of his gop supporters. >> i was also struck with
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