Skip to main content

tv   Jose Diaz- Balart Reports  MSNBC  August 9, 2022 7:00am-8:00am PDT

7:00 am
19 children murdered in a senseless act of evil here. >> sweden and finland have submitted letters to join nato. >> we have new investigation about what happened during this mass shooting. >> baby formula is on the way. >> voters are voting. >> major developments in the january 6 investigation. >> throughout the day that crowd has been growing. good morning. 10:00 a.m. eastern. 7:00 a.m. pacific. i'm jose diaz-balart. we are keeping a close eye on the white house where president biden is set to sign the chips act, a bipartisan bill to address the computer chip shortage. we'll monitor the event and bring you any major headlines. but we begin with the search by the fbi to a home belonging to a
7:01 am
former president. donald trump revealed the news last night saying fbi agents were at the mar-a-lago residence earlier in the day and cracked the safe. the fbi did not dispute it carried out a search warrant at the resort. the justice department and the fbi field offices declined to comment. a source familiar with the matter tells nbc the search was tied to allegedly classified information he took with him from the white house and trump said the search was politically motivate jd the former president was at trump tower in new york city. nbc news learned he will have dinner tonight with a group of republican house members. joining us now is nbc news senior national correspondent
7:02 am
kerry sanders. ken delandian, barbara mcquaid and chuck rosenberg. ken, what more do we know about this search and the investigation? >> jose, sources are telling nbc news that this stemmed from a referral made by the national archivings to the justice department when they retrieved 15 boxes of presidential records in january and found some classified information contained within the boxes. they asked the justice department to take a look at whether the law is violated and other issues with presidential records and so this seems to be about records that donald trump took home with him some of which may or may not be classified and then the question is what broke down here? of course before they got to the
7:03 am
dramatic step of a compelled search pursuant to a warrant the government would have asked nicely and then a subpoena and then something went very wrong and broke down. we are hearing from the president's camp that the president has authority and anything took home from the oval office he would have declassified first. what has to happen for the president to declassified records? how would the government prove they weren't declassified? these are the questions we're asking going forward. >> what are things looking like outside mar-a-lago today? >> reporter: over my shoulder things are quiet. the secret service has a full-time presence at mar-a-lago. they were here yesterday and got a phone call from the fbi.
7:04 am
the secret service was not involved in executing the search warrant and a representative, a lawyer why they said they're cooperating with the department of justice and the fbi. there is a fair amount of video surveillance at mar-a-lago and in all likelihood the fbi that was here would have also videotaped and taken some pictures of their work to eventual lu show what happened and potentially to defend themselves. as you know the president has used the term raid, that he was raided at mar-a-lago. that to some is a loaded word. some say it's a search of the premise and a search warrant that identified things they were looking for. that right now remains kind of
7:05 am
out of view. we don't know what it says and possible we may not see it for sometime if they're classified documents because if it's detailed in the search warrant they would then automatically become public. >> what does it take to carry out this search? >> search warrants at the state or federal level are based on the fourth amendment which requires probable cause for two things. one is a crime is committed. probable cause that a crime is committed. two, probable cause to find evidence of the crime in the place you asked to search. it is important to know search warrants require two branches of government. the executive branch and the
7:06 am
journal branch to authorize a search warrant. so i think the word raid and kerry is right, it is a loaded word. it makes it sound lawless. fbi agents were legally present because the judge said they could be. >> chuck, the former president said they cracked his safe. is going through someone's safe common practice? >> well, think of it this way. if you have a search warrant for my house suspected of leading a stolen car ring, no, you can't look in the safe and the refrigerator. you won't find a stolen car there. on a document search you can look anywhere a document is stored or kept. a safe is a place to store
7:07 am
documents. they would have authority to ask for permission to go into a safe. what normally happens is if the homeowner is there or can be reached they give the combination then they open the safe. if the person can't be reached or doesn't give the combination it's court ordered. you can look anywhere that a document would be stored. >> yeah. barbara, where do you think the investigation goes from here? >> it depends on what they found and what they were looking for. it could be as sample as this. they have been asking donald trump to return the documents for months. they got them and that's the end. there's a possibility that president trump can be charged
7:08 am
with crime that is apply to the mishandling of classified information. that usually requires a form of willfulness. the fact that they were classified at the top secret level means if disclosed the documents cause exceptionally grave harm to the national security. these were documents that the national archives thought belonged to them. the january 6 committee asked for documents from the national archives and president trump exerted executive privilege to prevent that disclosure. it could be that the documents relate to the january 6 attacks. if so that can be used as evidence and it could result in charges against president trump for that plot so the contents of the documents will matter very much. >> just to bring up something that ken mentioned.
7:09 am
declassifying classified information and the role the former president could have now in that. how do you read that? >> yeah. that's very interesting. he doesn't have any authority once january 20th, 2021, noon arrives because he is no longer president. if he were to say at 11:59 a.m. i disclassified all of it that would be difficult to repute that. but that's why the contents of the document matter. that is a defense if the charge is based on mishandling of classified information. if it is content that proofs evidence of his role in the january 6 attack then those documents whether classified or not could provide evidence of guilt in that kind of a krirnl. >> is it possible, barbara, a search like this carried out and
7:10 am
no charges be filed? >> sure, absolutely. one of the reasons the government would want the documents back is every day out there outside of the proper storage which is a risk to the national security to fall into the wrong hands. that secrets could be exposed. that sources could be identified and the lives endangered so every day that goes by is an urgency to get the dock ms back. we don't know why you took them and end of story. that is a sxwroernlt depending on why he had them the sky is the limit. could be charges under the espionage act or provide evidence of the role in the january 6 attack. >> chuck, trump was in new york city at the time of the search. is it odd that it was carried out when the former president
7:11 am
was not there versus waiting until he was or doing it before he left? >> great question. may have been a law enforcement reason, an imperative to do it now and he just hatched not to be there. they may have wiggle room there and preferred for him to be gone. i thought it was interesting that the fbi let the secret service know they were coming not with a tremendous amount of advance notice but with some to ease the way into the property. the secret service of course has a protective function and sworn law enforcement officers so that makes sense that there's some degree of coordination on logistics but whether or not they did it with an imperative to do it now or because it was just preferable when the president is out of florida we'll learn that down the road i suppose. >> and this is one of several
7:12 am
investigations focusing on the former president's actions right now. >> including a grand jury in washington d.c. increasingly and aggressively scrutinizing. it could be related. certainly if the agents came across any evidence of crimes that had to do with something else including january 6 they would be within the rights to seize that information. we don't know. one thing's for sure. this is a huge step for the justice department to approve a search warrant at the home of a former president. not done lightly in the context of these various investigations around donald trump, jose. >> ken, barbara, kerry, chuck, i thank you so much for being with us this morning. happening any minute now at
7:13 am
the white house -- sorry. there you see the images from the white house. there you see leaders from congress and the senate, the president. and so many others at the white house. this is for the chip signing ceremony. >> thank you for inviting us and speaker pelosi and secretary and thanks to the great senate colleagues here today. what a six weeks it's been for the senate. [ applause ] >> as that ceremony gets under way you see the leaders celebrating these last six weeks of their accomplishments on capitol hill and certainly the white house is feeling very good about this event that they are participating in this morning. we are at trump tower in new york city with reaction from the search warrant execution at
7:14 am
mar-a-lago. the political implications of that coming up but first the white house is ending the remain in mexico policy why what happens now to tens of thousands of people waiting for months in danger on the other side of the border? the answer to that next. new astepro allergy. no allergy spray is faster. with the speed of astepro, almost nothing can slow you down. because astepro starts working in 30 minutes, while other allergy sprays take hours. and astepro is the first and only 24-hour steroid free allergy spray. now without a prescription. astepro and go. as a main street bank, pnc has helped over 7 million kids develop their passion for learning. and now we're providing 88 billion dollars to support underserved communities... ...helping us all move forward financially.
7:15 am
pnc bank: see how we can make a difference for you.
7:16 am
oh, that i can't believe i scored this price feeling! well believe it baby! because wayfair always delivers. the look you want at the prices you want. so you can have the home you want! see we told you. wayfair always delivers small prices for big dreams. ♪ wayfair you've got just what i need ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig.
7:17 am
all on the most reliable 5g network with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities. millions have made the switch from the big three to xfinity mobile. that means millions are saving hundreds a year on their wireless bill. and all of those millions are on the nation's most reliable 5g network, with the carrier rated #1 in customer satisfaction. that's a whole lot of happy campers out there. and it's never too late to join them. get unlimited data with 5g included for just $30 a line per month when you get 4 lines. switch to xfinity mobile today.
7:18 am
the biden administration is ending the trump era immigration policy known as remain in mexico coming after a district judge lifted his block on ending the program. back in june the supreme court ruled that the administration could end the policy. from january 2019 through 2021, about 70,000 people including 16,000 children were sent back to mexico. many of them living in difficult conditions in camps waiting for months in danger.
7:19 am
joining us is nick maroff with "the washington post." how quickly would remain in mexico be ending? >> the department of homeland security said last night what they'll do is stop placing more asylum seekers in the program. no one else is sent back to mexico under this program and those already in mexico waiting for their court dates and u.s. immigration court are allowed in for the court dates and not sent back to mexico after the court appearances and taken out of the program when the court dates come up so that's the kind of orderly wind down plan that they're laying out so far. >> yeah. again, this has been so long in the making. right? just wondering, is there a plan do you know if there's a plan in
7:20 am
place to -- how to deal with these people? we are talking about tens of thousands of people on the other side of the border and people given court dates weeks or months from now. >> there's two sets of asylum seekers. the first group is sent back to mexico by the trump administration, nearly 70,000. some were allowed to come back into the united states and pursue the asylum claims from the united states right after biden took office and tried to end the program the first time but there's a second set of people sent back since december 2021 when the biden administration was forced to restart the program by the district court. that is what the supreme court ruled in june that the biden administration could finally end
7:21 am
the program and so last night the judge's ruling cleared the way for that to occur and dhs will end it the second time. there's a legacy group from the trump administration and then a smaller grop with court dates. those that haven't given up or gone back to the home countries. when the court dates come up weeks or months then they will be allowed to eptder the united states and then if they lose those applications then they will be deported to the home countries. >> and meanwhile title 42 the public health order used to expel migrants still in effect. it's a health measure used as immigration policy. >> yeah. the truth is that title 42 is used much more widely than
7:22 am
remain in mexico that the dhs is ending. title 42 is in effect. used in about 40% of the migrants that come across the border. primarily mexican and guatemalan migrants sent back to mexico. very quickly. the idea being that the administration is trying to limit the amount of time that the people spend in u.s. custody to avoid the spread of infection but that program remains in effect. it is increasingly not very useful for the enforcement purposes because such a growing share of the my grants coming to the united states are from elsewhere around the world including countries in south america like venezuela, many cubans are coming as you know who can't be -- who are rarely
7:23 am
sent back to mexico. as an enforcement tool it is providing diminishing returns to the biden administration. >> i thank you for your time this morning. >> thank you. up next the political stakes surrounding the fbi search at mar-a-lago. how it could affect the midterms and the next presidential rate. you are watching "jose diaz-balart reports." allow monitoring of productivity at remote job sites, with next-generation bandwidth. enable ai cameras that spot factory issues in real time, using next-generation speed. and deliver ultra-capacity 5g coverage that's years ahead of the competition. t-mobile for business has 5g that's ready right now.
7:24 am
oooh! buying a car can be an emotional ride. ahh! get peace of mind with our carmax 30-day money back guarantee. giving you time to make sure you've made the right choice. carmax. car buying reimagined. see “minions: the rise of gru,” on demand now. rated pg. see “minions: the rise of gru,” on demand now. riders! let your queries be known. yeah, hi. instead of letting passengers wrap their arms around us, could we put little handles on our jackets? -denied. -can you imagine? i want a new nickname. can you guys start calling me snake? no, bryan.
7:25 am
-denied. -how about we all get quotes to see if we can save with america's number one motorcycle insurer? approved. cool! hey, if bryan's not gonna be snake, can i be snake? -all: no. you ever wonder why people are always on their phones? they're banking, with bank of america. look at this guy. he bought those tickets on his credit card and he's rackin' up the rewards. she's using zelle to pay him back for the hot dogs he's about to buy. and the announcer? he's not checkin' his stats, he's finding some investing ideas with merrill. and third as you know in baseball means three. digital tools so impressive, you just can't stop banking. what would you like the power to do?
7:26 am
godaddy payments offers fast and secure payments for customers at the lowest transaction fees. so you can keep more of the money you make and continue to grow your business. if you've got it, we've got you. start today at godaddy.com/payments ♪ ♪
7:27 am
♪ ♪ ♪ ♪ more now on our top story. former president trump is blasting the fbi for carrying out a search warrant at his estate on monday. he said it was unannounced and not necessary or appropriate. the justice department and the fbi offices in washington and miami declined to comment. trump was not in florida at the time. he was in new york city preparing for a deposition in a civil probe by the new york attorney general's office. national correspondent gabe gutierrez is outside trump tower in new york city. good morning. what is going on there today?
7:28 am
do we expect more comments from the former president? >> reporter: hi there. good morning. president trump was here when the news first broke. he ignored questions from reporters leaving trump tower. he is now at the golf course in bedminster. according to a source familiar with the search of mar-a-lago it was related to class if ied information the president allegedly took with him after leaving the white house. the secret service said that it was notified by fbi agents early monday morning and secret service did not participate in the search but facilitated access to the property. in terms of what the former president trump said in a written statement last night
7:29 am
calling it prosecutorial misconduct, weaponization of the justice department and attack by the radical left democrats who don't want me to run for president in 2024. so far no comment from the president yet today. we did get off the phone with his attorney who called this search uncalled for. said that the former president trump cooperating with investigators and surprised to hear about the search. the account did post the endorsements of candidates in wisconsin and minnesota. late last night he did call in to a tele-rally for former governor sarah palin running for congress calling it another day
7:30 am
in paradise. jose? >> thank you so much. turning to the political stakes of this. joining us now is nbc news national political reporter mark caputo and jake sherman founder of punch bowl news. jake, some republican lawmakers are now warning they'll retaliate against justice department officials if they win in november. what would that look like? >> i think the broad strokes are undetermined but the republicans, i spoke to kevin mccarthy hoping to be house speaker and suggested that they consider some sort of special committee to deal with the -- to look into the department of justice, the fbi and what they think are governmental misdeeds. this is the centerpiece. the investigations will be the
7:31 am
centerpiece if they take the majority in november. they won't get much legislating done with joe biden in the white house and think of 2010 to 2012 when barack obama lost the house and republicans took the house and launched a host of investigations and think of the difference in the politics in the 12 years and how much more dirty and nasty it's gotten and acidic and then you get a sense of what house republicans would do if they're in the majority come 2023. >> yeah. the question is what do you specifically investigate and look for? mark, let's talk about politics because politics is immersed in everything in our society. how is politically what happened in mar-a-lago playing for republicans and democrats? >> both bases are incredibly stirred up. it is a hallelujah moment for
7:32 am
democrats. finally something is happening. what is that something? for republicans a massive rally around the chief. you saw it from the rnc chairwoman to the florida governor rick scott. ron desantis who a lot of people say he might run against trump said that he is singing from the republican hymnal on this one criticizing doj. >> is it motivating for something to do because it is who it is? >> might be a little bit of both. if you watch fox news last night there's rage coming out of there. watching conservative twitter same thing. democrats are stirred up. we look at one heck of a ride. >> one major figure quiet on
7:33 am
this news is mitch mcconnell. >> he wants nothing to do with trump and won't say anything. the senate is out of session until september so we might know more by september and not expecting mitch mcconnell based on what i know about him to weigh in at all in favor of trump. mcconnell is i think traveling in kentucky and expect he will be the coming weeks but i would imagine that he's taken a measured tone toward trump. hasn't spoke to him in more than a year. i would imagine that he will say something to the effect of let's wait to see where this goes. he won't throw the former president a life raft. >> he is tiptoeing when or if he is going to run, the former
7:34 am
president, for president. do you think this is going to weigh things either way? >> i don't know how tiptoeing it is. it is a turnkey operation for more than a year and a question of when. it's been a question of when. now trump is pretty motivated to him. the new debate from trump world is trump is talking about running possibly announcing the run before the midterms. they're divided whether that's a good or bad idea. one adviser told me i'm not saying this is true but capture it is essence of how they perceive the situation, the fbi made donald trump president. that's not necessarily accurate but captures the feeling and the sense that this is a huge moment
7:35 am
for trump both in getting to run for office again and having a strong support around him. >> what are they seeing, mark? >> preparing for donald trump to run for quite sometime and seeing a remash president shlt race in a while. if you talk to advisers and democrats who know what they are talking about on the national level they say that joe biden's best potential opponent is donald trump so if both men want to run against each other this is a win-win for them. not sure the country wins in this with the rage anden certainty to see. >> the white house is looking at this saying this is an interesting chip in a very complicated game of poker. >> yeah. i would say that this steps on the white house's message. they had the first good six-week
7:36 am
period in a long time. they passed this big reconciliation bill. a chips bill to sign today. a string of incredible victories that's been documented and everything that anybody is talking about is this raid at mar-a-lago. this is not a welcomed development for the white house and i think i would imagine in the next couple days the president might be asked about it. the fbi respond to it. steps on the mess and a little bit. >> jake and mark, i thank you for being with us. primary day in four states including a background and battleground state. how the trump news is playing out in wisconsin. you every watching "jose diaz-balart reports." fields "open".
7:37 am
who doesn't love "open"? offices. homes. stages. possibilities. your world. open. and you can help keep it that way. ♪♪ kids don't always take the best care of school supplies. so save money shopping back to school on amazon. while they... 0oh... uh... figure their stuff out. i just always thought, “dog food is dog food” i didn't really piece together that dogs eat food. as soon as we brought the farmer's dog in, her skin was better, she was more active. if i can invest in her health and be proactive,
7:38 am
i think it's worth it. visit betterforthem.com and tonight's winning number, 43 yes! i think it's worth it. noooo... quick, the quicker picker upper! bounty picks up messes quicker and is 2x more absorbent, so you can use less. bounty, the quicker picker upper. when hurting feet make you want to stop, it's dr. scholl's time. our custom fit orthotics use foot mapping technology to give you personalized support,
7:39 am
for all-day pain relief. find your relief in store or online. ♪ got my hair got my head ♪ introducing new one a day multi+. a complete multivitamin plus an extra boost of support for your immunity, brain, and hair, skin & nails. new one a day multi+. oooh! buying a car can be an emotional ride. ahh! get peace of mind with our carmax 30-day money back guarantee. giving you time to make sure you've made the right choice. carmax. car buying reimagined. see “minions: the rise of gru,” on demand now. rated pg. ♪ ♪ ♪ ♪ ♪ ♪ (dad) we have to tell everyone that we just switched to verizon's new ♪ ♪ welcome unlimited plan, for just $30. (daughter) i've already told everyone! (cool guy) $30...that's awesome. (mom) it's their best unlimited price ever.
7:40 am
(woman) for $30 a line, i'm switching now. (vo) the network you want. the price you love. only from verizon. age is just a number. and mine's unlisted. try boost® high protein with 20 grams of protein for muscle health. versus 16 grams in ensure high protein. boost® high protein also has key nutrients for immune support. boost® high protein. "peace of mind." such a big, beautiful idea. and for us at booking.com this means - free cancellation on most bookings. it's a bit functional. but we'll gladly be functional. so you can be free. booking.com booking.yeah let's go right to the white
7:41 am
house. president biden is speaking. >> those who work with me so closely but that's because we face an inflection point in our nation and around the world. fundamental change is taking place today. politically, economically and technologically. change that can either strengthen our sense of control and security, of dignity and pride in the lives and the nation, or, or change that weakens us so that people are left behind causing them to question whether or not the very institutions, our economy, our democracy itself can deliver for them and everybody. this is the moment we face. i really mean this. we hear all the noise out there. we know there are those that focus more on seeking power than securing the future. excuse me. those who seek division instead of strength and unity.
7:42 am
who tear down. today is a day for builders. today america is delivering. delivering. [ applause ] i honest to god believe that 50, 75, 100 years from now from people who will look back on this week, they'll know that we met this moment. today i'm signing the law that chips and science act, a once in a generation investment in america itself. a law that the american people can be proud of. i call for elements of this law when i first came to office. i want to thank everyone, everyone here, who helped make it possible. vice president harris, second gentleman, the congress of both parties, cannotwell, young, portman. you did a hell of a job but i
7:43 am
don't want to get you in trouble. he is a good man. that's a different story. i probably just cost him. i apologize. all kidding aside. thank you, thank you. helped keep this bill on track beginning to end. and the house, i thank speaker pelosi and steny hoyer and representative eddie bernice. you're ready. you moved. frank pa loan. i remind frank he is in new jersey but dell care owns the high watermark on new jersey. we had a court case about that. mike mccall, matsui and the man who holds the seat i used to hold chris coons. look. so many republicans and democrats alike are committed to getting this bill done and while the bipartisanship in washington
7:44 am
is critical i want to acknowledge to look at the people here today. you come from all different backgrounds to supporter this bill. governor of illinois. legislator, mayors, entrepreneurs. science, scientists, technology gists, physicians. presidents of four-year and community colleges. civil rights leaders. government officials. i met with me many of you. you're calling for investments in this bill. you helped make it happen. you represent why. we are better than any other nation in the world to win the economic competition of the 21st century. you every the reason why i'm so optimisting about the future of
7:45 am
country. the chips and science act supercharged the effort to make semiconductors here in america. excuse me. smaller than a fingertip. the building blocks powering everything from smartphones and automobiles. in fact there's as many as 3,000 semiconductors per vehicle made today. 3,000 per vehicle. america invepted the semiconductors. they powered nasa's mission to the moon. the federal research and development brought down the cost of making them and build a market in an entire industry. as a result, over 30 years ago america had 40% of the global production. and then something happened. american manufacturing, the backbone of the economy, was hollowed out and we let semiconductor manufacturing go overseas and as a result today
7:46 am
we barely produce 10% of the semiconductors -- excuse me. as we saw during the pandemic, the factories that make the chips shut down the global economy comes to a screeching halt driving up costs for families around the world. one third of the core inflation last year was due to the higher price for automobiles. for automobiles shortage of semiconductors. folks, we need to make the chips here in america to bring down every day costs and create jobs. don't take my word for it. listen to the business leaders. making decisions right now about where to invest and ramp up production. many are foreigners making
7:47 am
investment. they have chosen the united states of motor vehicle. they look at china, japan, south korea, the european union. billions of dollars of investment to attract the businesses to their countries to produce the chips but the industry leaders also see america is back. and leading the way. during my state of the union -- [ applause ] i described the field of dreeps on 1,000 acres in ohio where america's future will be built. intel, the ceo is here today, he is going to break ground on the next generation smuktd factory in ohio this fall. american company micron is announcing today to invest $40 billion over 10 years to build factories and responsibly chips that store information on the
7:48 am
smartphone. [ applause ] investment. this nstment alone creates 40,000 jobs. excuse me. i'm sorry. increase market share in memory chips by 500%. two more american companies. want to take another sip of water. two other companies, global foundries and qualcomm announced yesterday a $4 billion partnership to produce chips in the u.s. that would otherwise have gone overseas. qualcomm -- [ applause ] is one of the largest buyers of chips to increase the chip production up to 50% over 5 years. these companies see what i see. that the future of the chip industry is going to be made in america. [ applause ] for folks at home there's a
Check
7:49 am
broader supply chain that makes the semiconductors that connect countless other small business and manufacturers. this law funds the entire semiconductor supply chain for research and development to key inputs like silicon in new york. nearly one third of all the chips in the world use the poly silicon made in hemlock. this law will make that a reality. there's analysis that says investment in the chips and science act will create 1 million construction jobs alone over 6 years building semiconductor in america. this law brings it back home. it's in our economic interest and it's in our national security sbris to do so. this year i went down to
7:50 am
lockheed's factory in alabama where they're making the javelin missiles that we supply ukraine where they defend themselves against putin's unprovoked war. we need the semiconductors it's crystal lear we need them not only for javelin missiles but weapons systems of the future that will reply more on advanced chips. unfortunately we produce zero percent of these chips now. china is trying to move ahead of us in manufacturing these sophisticated chips as well. it's no wonder the chien northeast communist party actively lobbied u.s. business against this bill. the united states must lead the world in the production of these advanced chips. this law will do exactly that. [ applause ] to be clear, this law is not handing out blank checks to companies. today i'm ordering my administration to be
7:51 am
laser-focused on the guardrails to protect taxpayer dollars. it means making sure companies partner with community colleges and technical schools to offer training and apprenticeship programs and work with small and minority-owned businesses, power to take back federal funding if companies don't meet these commitments. this includes that companies pay a prevailing wage to ensure the tens of thousands of new construction jobs are union jobs, will not allow companies to use these funds to buy back stocks or issue dividends. finally, this bill is about more than chips. it's about science as well. decades ago we used to invest 2% of our gdp and led the world in everything, from the internet to gps. today we invest less than 1%. we used to rank number one in
7:52 am
the world in research and development. now we rank number nine. china was number eight decades ago. now they are number two. other companies are closing in fast. this law gets moving up once again. it authorizes funding to boost our research and development funding, closer to 1% of the gdp, the fastest single year percentage increase in 70 years, and it's going to make a difference. it creates research and development funding, will ensure the united states leads the world in the industries of the future from quantum computing to artificial intelligence, to advanced biotechnology, kinds of investments that will deliver vaccines for cancer cures, for hiv, and invent the next big thing that hasn't been imaged that. the law requires that any company who receives federal research development will make that technology they're inventing here in america. that means we'll invest in america and invent in america
7:53 am
and make it in america. we're going to make sure we include all of america. supporting entrepreneurs in technological hubs across america including historic black colleges and yunss, minority serving institutions, tribal colleges. we'll tap into our greatest competitive advantage, our diverse workforce, urban, suburban, rural and tribal. when people like josh came up with his idea for portable electric car chargers five years ago in buffalo, new york, and all the young people out there today who have an idea, that spark of imagination, to solve a problem they see, to cure a disease they have, to dream to make the impossible possible, this law is for them. let me close with this. last month i awarded steve jobs the presidential medal of freedom posthumously. at every turn of his life he
7:54 am
dared to think differently, embodied what most america questions, what next? the chips and science act will inspire a whole new generation of americans to answer that question, what next. right now, as bill can tell you, nasa has a mission going back to the moon, mars and beyond, capturing images of distant galaxies we could only once dream existed and never think we could see. the chips and science acted captured that magic here on earth. it also builds on the progress we've made to rebuild america with historic infrastructure law that i signed last year that's going to modernize our roads, our bridges, deliver clean water, high-speed internet for every american. it builds on another one of my many top priorities, creation of advanced research projects agency for health. it's going to transform how we
7:55 am
detect, treat and cure diseases like alzheimer's, diabetes and cancer. tomorrow i'm signing the most significant law ever to help veterans suffering from exposure to toxins from burn pits. and soon i hope to be signing the inflation reduction act into law that's going to lower the cost of health care and energy and make historic investments to tackle climate measures. once that law is signed, any senior by the first of the year, no matter how high -- if they're on medicare, no matter how high their drug bills are, will never have to pay more than $2,000 a year, just one specific example, beginning in january. a lot is going to happen. for all the division our country is showing ourselves and the world we can take on the biggest challenges. we can take on the special
7:56 am
interests and democracy can deliver for the people of this country. that's why i'm confident that decades from now, people will look back at this week with all we've moved on, that we met the momentality this inflection point in history, the moment when we bet on ourselves, believed in ourselves and recaptured the story, the spirit and the soul of this nation. we are the united states of america, a singular place of possibilities. i'm not going to sign the chips and science acts, and i promise you, we're leading the world again for the next decades. thank you. well, there you saw and heard president biden as he takes over this table to sign the chips act, major bill to boost u.s. computer chip production. monica is at the white house. the president spoke about a lot
7:57 am
of things. we have to remember he just got over covid twice. i think that was evident today. >> reporter: yes, jose, that's right. you could hear the president there with a little bit of a loose cough. he said that was notable, something that we've seen the president at events before the double covid. the reason he's here today in the south lawn is this $280 billion bipartisan bill, the investment in semiconductors and manufacturing. we're going to try to ask him here to see if he potentially has any reaction to the search and seizure at mar-a-lago. mr. president, your reaction to the fbi search and seizure at mar-a-lago? do you have any reaction sir? it seems he is not going to be taking questions. but, of course, that is the other major news of today that
7:58 am
you have spent a lot of this hour covering, jose. but to return to the chips and science act, this is something specifically gained and aimed at competing with china. the u.s. was once the leader of semiconductors, those tiny chips that go in almost everything that we use in our daily life, when it comes to phones, cars, household appliances, medical equipment, and china has been gaining a lot of ground as well as other countries. this was something the president touted in terms of the billions that are going to go towards things like nana technology, quantum computing and investing in doing that right here in the u.s. this is also, of course, in the context and against the backdrop of a lot of legislative victories for this president in the last week or so, talking about that bill he's going to be signing tomorrow that benefits veterans who are exposed to burn pits. then he hopes to sign in the coming days the so-called inflation reduction act which could pass the house as early as
7:59 am
friday. the president putting that all in context about what he hopes will be a resounding midterm message in the next couple months surrounded by lawmakers, by businesses, who also pledged an additional $50 billion to try to help restore some of that manufacturing to the united states, jose. >> monica alba at the white house, giving us a master class on multitasking and journalism, reporting on what she has been witnessing as well as asking important questions at all albi me. i'm jose diaz-balart. you can reach me on twitter and instagram. be sure to follow the show online on msnbc. thank you for the privilege of your time. erin gilchrist picks up with more news right now. good tuesday morning, everybody, i'm aaron gilchrist live at msnbc headquarters in
8:00 am
new york. a jam-packed hour ahead of us and a whole lot of open questions about really unprecedented event in american history. an fbi search of the private home of a former president of the united states. a senior government official telling nbc news agents spent a majority of monday at donald trump's mar-a-lago estate in palm beach, florida, and he was not home at the time. the former president was in new york at that time and was first to announce that search and described it as a, quote, raid, adding in his lengthy statement, quote, they even broke into my safe. another source telling nbc news that search was tied to classified information that trump allegedly took with him from the white house. trump's own lawyer confirming the fbi, quote, seized paper from mar-a-lago. tonight about a dozen house republicans are planning on having dinner with trump in bedminster, new jersey, the site of one of his golf clubs. this hour, the significance of that meeting, why some

259 Views

info Stream Only

Uploaded by TV Archive on