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tv   America Reports  FOX News  June 2, 2022 10:00am-12:00pm PDT

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for lunch. >> the tip comes at the end, i don't understand the revenge here. you don't know the tip 'til the end. >> social contract. >> you have a responsibility as diners and they have a responsibility as servers and you should keep up that end of the contract. >> we are going to julie's house for dinner next. l>> chicken nuggets and french fries. >> here is ""america reports." >> john: emily, thank you so much. dangerous drug cartels looking to take advantage of president biden's border crisis forcing more and more lawmakers to visit the border themselves to see the issue firsthand. >> sandra: with title 42 still in place, border agents are preparing for a surge in got-away, arizona attorney general mark brnovich will join us live from the southern border. >> john: looking forward to that. critics say an attempt to attract voters ahead of the
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midterm elections. in a hail mary, biden administration appears to be banking on the youth vote, i'm john roberts in washington. you are all warmed up. >> sandra: and a lot more to dig into there, great to be with you. sandra smith in new york. this is "america reports." biden administration is now just moments away from announcing that it is cancelling $5.8 billion in loans for borrowers who attended a for profit college. now middle class americans are left picking up the tab as experts warn a recession is just around the corner. it's the largest student loan cancellation in u.s. history as 560,000 borrowers are now off the hook. >> john: but could that just be a sweetener? the move comes a day after biden admitted gas and food prices are not going to come down soon. gas prices a new record high, up
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more than $0.50 in the past month. and new disappointing private sector job data out shows businesses are struggling to hire workers. >> sandra: it is a big problem and worse. south dakota republican senator a member of the senate banking committee will be joining us in moments. begin with white house correspondent peter doocy, reporting live from the north lawn for us at this hour. hi, peter. >> peter: and sandra, president biden told me yesterday when i asked him how much longer it's going to take for gas prices to come down because of all the factors that go into setting gas prices, they are going to be here for a while. >> there's a lot going on right now but the idea we are going to be able to click a switch, bring down the cost of gasoline is not likely in the near term, nor with regard to food. >> the white house's spin about the big miss with private payrolls only adding 128,000 jobs last month, less than half
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the projected 299,000. reads like this. today we received more data that despite global challenges we face america is on the move. unemployment benefits have reached historic lows since i took office, the number of americans one employment is down 95%, and add the 8 million jobs. no mention of the rapidly pricing price. >> when are you going to admit that you were wrong about inflation? >> no easy questions today, huh. >> the treasury secretary said she was wrong, why doesn't anybody here at the white house -- >> ok, the president's economic plan as we see it is working. >> peter: they are trying to change, just learned president biden will deliver a primetime address tonight calling on congress to put in place commonplace measures to improve gun safety, sandra. >> sandra: and we'll be
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listening for that and whether or not the administration is really successful with the economic policies, we will ask our econ panel coming up. charles payne and steve forbes on set. >> john: south dakota republican senator, she said our present economic plan is working. what do you say? >> when i heard it all i could say was wow. unbelievable. think about this a little bit. south dakota right now, my family is here in this state, $604 more a month in living expenses than what they had when this president took office. those are real dollars for real families. i'm sorry, but his economic plans are not working. we know what the answer is, let's get back to actually allowing for job creation by the first place, an energy producing again in the united states rather than being a consumer
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from other countries. let's get inflation under control by allowing for the energy to flow into the marketplace. and bring the price of gasoline down, the price of diesel down. that's doable right now, and by the way, for these folks that think the economic plans are great when what they suggest to people is go get an electric car, i've got news for them, there are not a lot of them there and the electric grid could not handle that in the first place. i suspect some people in washington, d.c. suggesting that have a magic carpet in the garage as well. we don't one of those out here, we need real results and before the administration came into office. >> john: the prices and how they have gone up. up four pennies from yesterday, up $0.11 from last week, way up from a month ago, and way, way up from 3.04 you mentioned electric cars, they don't fare
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in south dakota, large distances between cities. i was in sioux city and i plugged in directions for -- or sioux falls, rather, and directions for rapid city, said turn left, go 340 mills, turn left. high gas prices are having a huge impact on people in south dakota. >> and it's not just the gasoline. it's diesel as well. we are right in the middle of planting season right now, diesel is over 5.20 a gallon. those are the folks actually producing the wheat, they are producing the corn, the soybeans, and all of those commodity prices are going to go up because these guys can't -- these guys couldn't even plant it if they were not getting enough to pay for input expenses. this administration has made that very, very challenging. i'm going to go back to this in the first place. we know what the remedy is. better bring taxes down, not do
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what the president suggested at the end of march. he suggested $2.35 trillion more in additional taxes over the next ten years. look at what the market does. market says are you kidding us? 2.5 trillion more n look at the stock market since the end of march. it's not going up, it's going down and that's because these folks understand how serious the trouble is that we can see in the future based upon what this administration is doing in terms of economic policy. this is wrong. just flat out wrong. and the sooner we can get back in and stopping these bureaucrats from putting in these kinds of rules the american people have to live with, the sooner we can start getting the economy back under control again. >> john: your neighbor to the north, north dakota, bakken shale formation amount of energy we consume in the country. up on the screen, october 19th was the high water mark for bakken shale oil production.
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produced in october of 2019, compared with march of 2022, down 12 million barrels. so when the president says we are producing more oil than we ever have. there is the proof we are not. >> there's more to it here as well. first of all, they made it extremely difficult to get a lease on federal lands and huge amount of federal lands in the western part of the united states. that's only part of the story. what they are doing to stop energy production. not only making it more difficult, if almost impossible to get a lease they can explore on, second of all, just to explore, you have to have an additional license and then if you do find something there, you have to have the ability to get it out of the location and into the marketplace, means additional pipelines and they have been hell bent to shut down the pipelines as well. so, this administration does not seem to understand that we need access to these petroleum products, and the sooner we can
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get them back into the market, the sooner you'll see inflation at all levels go back down again. you think about the cost of food right now, part is just the transportation to get the food to market. not, let alone the cost to actually produce the food and the amount of petroleum it takes to actually produce in the first place. this administration is totally out of touch what it's going to take to bring back a strong economy in the united states. we have to get the bureaucrats under control. by the way, it was a lovely drive from sioux falls to happened city. four hours. >> sandra: jamie diamond is warning of a hurricane ahead. a dire warning for the american
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economy and we are going to break it down with charles payne, steve forbes and coming up bill bennett, we will dig into some of the day's biggest stories with him. meanwhile, republicans and democrats on capitol hill in a hearing on new gun legislation pushed by the left. >> it's regretful that democrats have rushed to a mark-up today. an this is not rushing. >> you are not going to bully your way to stripping americans of fundamental rights. >> if the supreme court objects we will expand it and not rest until we have taken weapons of war out of circulation. >> they want to change the country in so many different ways. >> hope that gun is not loaded. i'm at my house, i can do whatever i want. >> sandra: meanwhile, funeral services continue in uvalde for the 21 victims of last week's school shooting. casey stegall has the latest on the ground there, reporting from
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uvalde this week. casey, are texas leader trying to prevent future tragedies like this? >> yes, sandra, they absolutely are. as you well know, there are so many moving parts to this story. requiring safety audits conducted at all public schools in the state of texas and abbott is asking state lawmakers convene a special legislative committee in austin with focus on education, training, mental health, all to try and prevent future attacks like the one that was unleashed here on uvalde last tuesday when a gunman barged into robb elementary school, killing 19 children and two teachers. second deadliest in u.s. history. the broken community says good-bye to little victims, like
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10-year-old uzaiah garza, a sweet boy with a great sense of humor. >> he loved fortnite, cars, anything with wheels. he can work on a lot of things due to his uncle. he just enjoyed being a kid, playing outside, you know, stuff like that. >> yesterday beloved teacher irma garza was laid to rest next to her husband joe. he died two days after the shooting of a heart attack leaving four children without a parent. and ava, she reportedly called him and they spoke before she died. he was a police officer here. sandra. >> sandra: so heartbreaking, all of it. casey, thank you. john. >> john: police releasing new details on yesterday's deadly shooting in a medical center in
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tulsa, oklahoma. authorities revealing the gunman recently had a back operation and he was targeting his surgeon who was among four people killed in the attack. garrett tenny, why did he go after the surgeon? >> apparently he was in a lot of pain and blamed the doctor. he called preston phillips, the doctor, to complain about the pain and even met with dr. phillips on tuesday for some additional treatment. however, when that did not help, he decided to kill the doctor and went to st. francis hospital aimed with an ar-15 and a handgun along with a note. >> he blamed dr. phillips for the ongoing pain following the surgery. when he came into the building, into the office complex, he
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began firing. he began firing at anyone that was in his way. >> he killed four people before taking his own life. dr. phillips, dr. stephanie hudson, office supervisor and another patient, william love, apparently held open a back door so another person could escape before he was shot. into the wake of the uvalde shooting, tulsa's mayor praised the police response and shared how one veteran officer described the scene. >> he said mayor, it was like the beaches of normandy out there. everywhere i looked to my left and my right, there were officers running towards that building, jumping over bushes. getting around anything in their way between them and that threat so that they could save people. that is the law enforcement community that we have here in tulsa.
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>> the weapons, both legally purchased, handgun and the ar-15 style rifle purchased an hour before the shooting. and a bomb threat at the suspect's home around the time of the shooting but a bomb team went through the house and did not find any explosives. and what else might be inside the home, john. >> john: the police response in tulsa robust and the community is thankful for it, no question. garrett, thank you. border patrol facing a surge of illegal migrants and drugs as mexican cartels gained control and limited resources in the tucson sector, that area leads in the number of so-called got-aways. arizona attorney general mark brnovich is back at the border in the yuma sector. and why the threat down there is so dire. >> sandra: looking forward to that. and record high gas prices may about the least of our problems.
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a major bank says brace yourself for an economic hurricane. charles payne and steve forbes join me on set next. >> everyone thinks the fed can handle this. . that hurricane is down the road coming our way. >> you better brace yourself. eat fresh refresh, which means subway's upping their bread game. we're talking artisan italian bread, made fresh daily! the only thing fresher than their bread is the guy reading this. subway keeps refreshing and refreshing and refreshing and re- ever wonder what everyone's doing on their phones? subway keeps refreshing they're banking, with bank of america. the groom's parents? they just found out they can redeem rewards for a second honeymoon. romance is in the air. like these two. he's realizing he's in love. and that his dating app just went up. must be fate. and phil. he forgot a gift, so he's sending the happy couple some money. digital tools so impressive, you just can't stop banking. what would you like the power to do?
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things are going fine, everyone thinks the fed can handle this. that hurricane is right out there down the road coming our way. we just don't know if it's a minor one or super storm sandy. >> sandra: a lot of people listen to what he has today, j.p. morgan chase c.e.o., jamie diamond. not mincing words on what he sees coming as the nation's gas
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prices continue to hit record highs. let's get to it with charles payne, host of "making money," and steve forbes is here, chairman and c.e.o. of forbes media. so, jamie diamond is warning a hurricane is coming, and as far as to say we don't know if it's a minor one or super storm sandy. so, how bad? >> charles: in other words buckle up, and yesterday when he says that the dow was up 200 points and immediately went down 500 points. 700 point swing, 2% reversal in a matter just like that. he moved the market that much. he's not necessarily saying anything on wall street knows but reminder, more a reminder of remedies, not the situation we are in, but the lack of any sort of remedies for these problems because that's what's going to determine how bad the storm is, and you know, a lot of the people in charge of making sure we never got do this point obviously they have blown it, so a little bit of lack of
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confidence whether they can fix it. >> sandra: to fix the problem you have to acknowledge where you went wrong in the first place and perhaps we are seeing that from some inside this administration. this was janet yellen's admission on inflation. >> i think i was wrong then about the path that inflation would take. as i mentioned there have been unanticipated and large shocks to the economy that the boosted energy and food prices. >> sandra: perhaps the confidence is already lost and i'll ask you if it can be regained because the wall street journal is saying when progressives fail, why the public has lost confidence and claims to authority, the whoulg is saying it made a political mistake, great, we suppose it's progress but the return of soaring prices after 40-year hiatus is a historic policy
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failure that is worth recounting. it represents a failure of progressive expertise that is a lesson for the future. will there be any lessons learned as they try to get it right and fix the economy? >> steve: only when they are thrashed in the election in 2022 and 2024, with the landslide victory of ronald reagan, things change. up to this, they are going to cling toit. and the mia culpa, she blames putin, forces beyond my control. like the old north korean thing, oh, weather, sabotage, it's not our fault. no acknowledgment of what they have done to the energy industry, no massive regulation putting on business now, they say we love infrastructure but harder to get projects approved. speak on one side of the mouth and the policy side the exact opposite throwing up barriers instead of removing barriers. >> sandra: to steve's point, the
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piece that president biden penned in the wall street journal did not talk about increasing oil production to bring down gas prices. charles, you acknowledge everyday hard working american and feels every day at the gas pump and the grocery store. a bit of what some everyday americans told fox digital. >> economic achievement? nothing. >> can't think of anything, more things they have not done well. >> i believe right now the greatest achievement is a failure. >> everything is sky high. >> i absolutely believe putin has a lot to do with the high prices we are currently paying. >> and i want interference in this war reflected on us more than reflected on russia. >> he should open the reserves for the gas and let the gas prices come down. >> price of gas has gone up, people don't know what to do right now. >> sandra: real people, charles.
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>> charles: it's interesting, russia, their coffers have gotten full, and ours are a lot less. you know, and it gets back to what steve was saying, i don't think they will change what they believe fundamentally. i think they may try to repackage it after a couple of election losses, but this is a serious indictment on the notion of modern monetary theory that the government can print and hand out checks as a form of social justice. they did a limited version with paying people not to work and the consequences of that, and guess what. people forget. you heard a few people say we have not gotten anything. maybe eight months ago, like hey, just got a check in the mail. people forgot, they got the check, spent it, didn't go to work, wage spiral is out of control. if you don't work, you offer more money and prices go up. we are in this spiral and nobody knows how to get out of it other than maybe crash the economy. >> sandra: finish with you, steve. does anyone inside the white
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house have a plan how to fix the economy? >> steve: no, and they think it's a transition to the glorious world of windmills on airplanes and the solar panels moving cars around, it's absolutely bad stuff. the only plan is the bad plan, people actually knew what they were doing, getting a sense of it now they would say no way. >> sandra: take you back to the first point, take an election to turn things around to solve problems, in your opinion. charles, what, you got to go. >> charles: i agree. check me out later today. >> sandra: "making money" on the fox news network. i'm telling them to watch you and not us. >> john: we have seen a windmill on an airplane, right? propeller. biden administration set to wipe out $5.8 billion in federal student loan debt for over a half million borrowerrs. the largest ever in education
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history. bill bennett weighs in. >> sandra: celebrations in honor of queen elizabeth's 70-year reign. plenty of talk about meghan and harry. we'll explain next. okay everyone, our mission is to provide complete balanced nutrition for strength and energy. woo hoo! ensure, complete balanced nutrition with 27 vitamins and minerals. and ensure complete with 30 grams of protein. ♪ ♪
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that was marking the numbers 7-0. >> greg: i think it really did, sandra, especially for the weather, which is sometimes rare in the u.k. let me say technically this was a military parade today. they call it a trouping of the color but also a belated birthday for the queen, turned 96 in april. most importantly, however, it was a glorious kick-off, marking seven decades on the throne for queen elizabeth ii, the longest for any british monarch. carriage rides for some royal family members, young and old. high point seeing the queen, she appeared twice on the famous buckingham palace balcony, and the cute little prince, taking
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in a flyover by the royal air force. queen has had some health issues but she looked fantastic, so did the folks waiting in the royal wings that would be son, prince charles, grandson, prince william. and tens of thousands turned out, they did not seem to mind a few no-shows, as they are not now working royals, prince harry and meghan were kept off the balcony however they will be in some activities, and somewhat disgraced prince andrew, he has covid-19. sandra, we could get one more view today of the queen, actually tonight. she and other family members will be symbolically lighting the royal beacon, another tradition across the country, and today just the beginning, three more days after that. back to you. >> sandra: seeing the crowds behind you there and some of the slides you were showing from earlier today, you get the sense
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a lot of support, i sensed and saw that on the ground in 2018 for the bedding. it's a debate always if you ask if you are a royal watcher here in the united states, however. thank you. >> in fact, she is still well loved. think about it. seven decades, social, political, economic turmoil in this country, she has been the rock, she has been the stable one keeping this country together through all of these times. good times and bad. her popularity has gone up and down, death of princess diana was a bit of a dip. a little down from ten years ago but still very well loved. again as we noted, sandra, there are folks waiting in the wings, she is 96 years old and some questions about the popularity of prince charles, certainly prince william very much liked. but the royal family still remains very much here to stay,
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sandra. >> sandra: a very special moment to see them gather on the balcony this morning. thank you very much for that. i enjoy watching the royals, and bring that up around here, they either love watching or they don't, but special coverage of the jubilee tomorrow, 5:00 a.m. eastern time. it was beautiful, the ceremony this morning and the queen looked like she was certainly enjoying herself. >> john: lovely, if we could put the balcony scene up, i thought this was telling, who is in and who is out. you've got camilla and charles, princess anne as well, kate and the two kids. prince andrew, nowhere to be seen, greg said he has covid, i don't think he would have been there any way, and meghan and harry might have been behind the door but not the balcony. balcony, you are in, you are out, you are out. >> senior members of the royal family would be on the balcony only. >> john: the remaining ones that
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we like. >> sandra: kate middleton, if i may, never misses. >> john: she's great. mark brnovich visiting the yuma sector of the border where sources say migrant apprehensions are picking up. talk to the officials about the crisis near the communities as he pushes back on the administration border policies, lawsuit of the week sometimes in arizona. mark brnovich, a.g. brnovich, tom homan told us yesterday where you are illegal crossings are picking up. what's the scene on the ground? >> john, it's out of control. as we started talking you see the border patrol behind me, you can see the giant gap in the wall. what the biden administration has done is incentivized and
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decriminalized crossing, we had to be in court to try to stop the biden administration from rescinding title 42, up to the supreme court to secure the border, biden administration won't do it. >> john: i didn't mean to joke bit, seems you are filing a lawsuit a week. listen along here, figures for prehengss, rio grande valley led the way. there you are in yuma, well in the top five, ahead of the tucson sector as well. what do you expect is going to happen as we get into the really busy months here, even though title 42 because of your action remains in place. >> well, i appreciate you, thank you, john for acknowledging the work i'm trying to do. look, i'm trying to do everything i can to protect not
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only arizona but the country. system is getting overwhelmed. you showed the april numbers. that's like the entire population of arlington, virginia for one month, and so it's overwhelming law enforcement and social services and seeing the surge of illegal drugs in the country. every state is a border state. and down here in yuma, it's not just the people illegally entering the country, its the got-aways, now we are seeing the people trying to evade capture as well, and they mean us no good, and a ticking time bomb and america is less safe because of joe biden and cartel kelly. >> john: in arizona, two sectors, one yuma, and the tucson sector. look at title 42 expulsions in april, tucson sector, 18,678 expulsions. but in the yuma sector, only
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1,764. any idea what accounts for that difference? >> there is usually more activity in that tucson sector but we know what's happened with secretary mayorkas and joe biden, selective endorsement. they were trying to give basically groups from certain central american countries a pass on that and said no, you can't do that. we want consistency and certainty in the law and usually, you know, during this time of year as it starts to get hot here in arizona, we see the numbers go down and it's troubling they are going up. just here in the yuma sector, we know there's 21 heat-related deaths this year, so what the biden administration has done john is not humane, it's insane because they are encouraging people to break the law, people are dying, enriching the cartels and america is less safe. >> john: the expulsions were more curious, more in the yuma
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sector than the arizona sector, but ten times than what they were in yuma. a lot of territory there, a lot is desert, wide open. what's the got-away problem like down there? >> we know there are tens of thousands of got-aways in the country, literally thousands along our southern border in tucson. what the got-aways are, not the people coming over like right across where you see people giving up and then released into the country, these are the folks usually male, 18 to 35, wearing camouflage, dark clothes, trying to evade capture and detention, so clearly smuggling drugs or the people causing, want to cause harm in the communities and make us less safe. and here in southern arizona, increases in car chases and pursuits and that means everything is more dangerous as a result of the failed policies of the biden administration. >> john: arizona attorney
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general mark brnovich, approach it. >> sandra: the head of one of america's biggest banks out with a dire forecast for your wallet. the economic superstorm one major c.e.o. says may be brewing. neil cavuto joining us live on that. >> john: and empty baby formula shelves, now new criticism over when he says he first learned about the crisis. >> i became aware of the problemsome time in, after -- in early april.
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coming to a close yesterday after six weeks of testimony, depp winning the lawsuit, and $15 million in damages after the jury deliberated about 12 hours. mark meredith is here now. other than certain events involving a bed and maybe a dog, why were people so fascinated by this trial? >> i feel most people got to see a bunch of private and intimate story of a love marriage. and appears it's far from over. amber heard plans to appeal wednesday's ruling. heard from her legal team this morning. >> does your client want to appeal? >> oh, absolutely and she has some excellent grounds for it. we even had tried to get the u.k. judgment in to dismiss his case because he already had his shot. there was so much evidence that did not come in. >> heard's lawyers say she cannot afford to pay depp the $15 million the jury declared she owes. total amount is closer to
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10.3 million, still heard's team says she does not have it. she was awarded $2 million as part of the countersuit. video surfaced where johnny depp was as the verdict was to be announced, video shows he was at a bar in new castle, england just before the news broke. we did receive a statement from depp after the verdict said i hope my quest to have the truth be told will have helped others, men and with 'em who have found themselves in my situation and those supporting them may never give up. depp claimed the abuse claims had a severe impact on his career, although it's not clear even after the jury agreed he was defamed it will see a new spike in career opportunities for depp or heard or hurt them down the line. >> john: the old this cliche, only time will tell. amazing they went through all that in two years of marriage. >> and it's also sad when you hear what they were both going through and now maybe some
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closure? appeal, probably not. >> john: i think they were kind of made for each other. sandra. >> sandra: american taxpayers on the hook for billions of dollars as the biden administration makes history by forgiving federal student loans for half a million borrowers. former education secretary bill bennett is up on that. next.
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the choice for attorney general is clear. democrat rob bonta has a passion for justice and standing up for our rights. bonta is laser focused on protecting the right to vote and defending obamacare. but what's republican eric early's passion? early wants to bring trump-style investigations on election fraud to california, and early says he'll end obamacare and guard against the growing socialist communist threat. eric early. too extreme, too conservative
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>> sandra: the white house going big ahead of the midterm elections throwing a hail mary on student loan debt. cancel for half a million borrowers, from 1995 to the collapse to 2015. bill, how do you react to this from the white house? do you support it? >> i do not support it. now, corinthian colleges were a scam, putting a scam on a lot of students. they deserve some punishment and some accountability, but that does not mean the taxpayers have to pay for that which is what we are doing here. to relieve these students of the loan, should have gone in with the eyes open, buyer beware, is
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to punish the taxpayer who many of whom, most of whom are never going to college of any sort. so again, it's regressive, and it's a mistake. and how do you stop it, sandra? slippery slope. what about the liberal arts college, second, third, fourth liberal arts college, propses everything and delivers nothing and you pay $70,000 a year. is the government going to forgive that? the government going to forgive all these loans? a lot go to medical school, law school, and business school graduates. this is the wrong thing for government to be doing. >> sandra: and there is big questions over how much the spending, impact it will have on inflation during a time of crisis for this country, bill this. is brian deese, economic adviser to president biden. he was asked about the effect cancelling the debt will have on skyrocketing inflation. listen. >> the economic impact of any proposal would be across the
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course of years or a couple of decades and so the impact on inflation in the near term is likely to be quite small. >> sandra: and i should remind our viewers that was the answer the second time around when asked. first time around the white house said they hadn't even looked at the impact this would have on inflation. bill. >> no, exactly right. add up all the things brian deese and the administration would say well, over a period of years, they begin to add up into the billions and possibly the trillions. when i was secretary we did a look at this, do you know that the $1.7 trillion that's now owed in student loans is listed in the federal budget as a credit? because they expect that money to come in. i was arguing this the other day with a liberal who said we are not spending any money, we are just forgiving it. well, it comes to the same thing
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because you were counting on getting the money in and now you are not. but -- these colleges -- these colleges and universities need to be held responsible, too. because a lot of them are engaging in fraud or near fraud or scam and they need to have a piece of the action, they need to have something in the gate here so when there is a high default rate of that college must be called into account as well. >> sandra: that accountability of the colleges is incredibly important. interesting political move, we will see what comes of it. we hope to have you back with so much going on in the education world, come back soon. >> i was not talking about l.s.u., by the way, i want you to know that. >> sandra: appreciate that, go tigers. >> see you in the fall, see you in the fall, dear. >> john: a super storm may be coming says the c.e.o. of a major u.s. bank.
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the economic hurricane we need to brace ourselves for. neil cavuto weighs in, plus, the ulterior motive joe biden may have wiping out student debt, and rebecca grant for russia's control or lack of it in ukraine. all that and more in the next hour of "america reports." we'll be right back. with multimatic shocks, rugged 33-inch tires, and front and rear electronic locking differentials. dude, this is awesome... but we should get back to work. ♪ ♪ this good? perfect. if you're gonna work remote... work remote. find new workspaces. find new roads. chevrolet.
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you are greater than your bipolar i. ask about vraylar miss allen over therebvie isn't checking lesson plans. she's getting graded on her green investments with merrill. a-plus. still got it. (whistle blows) your money never stops working for you with merrill, a bank of america company. >> sandra: new at 2:00, economy in crisis and new warnings this is nothing compared to the coming storm. neil cavuto will be here to break down the dire forecast. >> john: meantime, life has never been better in new york city for the rats. rodents roaming around without fear while spiking crime has nervous new yorkers on edge. sounds like a movie from the 1970s. charlie hurt braved the city streets. >> sandra: and are america's
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front lawns in danger? declaring the grassy ideal of an american dream dead? >> john: even the king cannot get any love. wedding chapels are forcing elvis to leave the building. >> sandra: welcome back, quite an open there. rolls into hour two, i'm sandra smith and i cannot stand rats. >> john: a couple movies in the early 1970s about that, one of which featured a famous song by michael jackson. i'm john roberts in washington. starting with the issue top on american's minds, fox news alert. >> sandra: new alarms over an economic melt down, record gas prices, sky high inflation and supply chain crisis are not enough. what if the country is on the verge of entering a recession. more and more experts believe it
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may be the case. >> john: record high gas prices the calm before the storm. echos another warning that makes an ominous play on the weather, the c.e.o. of j.p. morgan chase saying there is an economic hurricane heading our way. neil cavuto just wrapped up "coast to coast" on fox business and new rushing to join us in a moment. looks like he's ready. >> sandra: the warning moved markets yesterday, but fox news and fox business with every angle covered. >> john: jacqui heinrich on the north lawn of the white house. >> when the c.e.o. of j.p. morgan chase hopes we'll be ok but who the hell knows, his words, it's not exactly confidence inspiring and hopefully to getting a light at the end of the tunnel, left
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empty handed. >> a lot going on right now but the idea we'll be able to click a switch, bring down the cost of gasoline is not likely in the near term, more with regard to food. >> jacqui: the white house maintains the president's actions have kept it from going higher but it's out of his hands because of the war in ukraine. surprisingly, the white house took no credit in a statement, they did give credit to the saudis. instead reporters are asking what levers to pull to bring it down, more spending to bring down cost of housing, elder care, prescription drugs, and now democrats are sounding off. op-ed suggesting the government should be purchasing food, baby formula and gasoline during price dips and selling it back
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to the american public. janet yellen's admission to say she was wrong to say inflation was a small manageable risk and no the a problem last year, there is a faction of officials what want the administration to admit the american rescue plan contributed to inflation but argue it was worthwhile, others oppose. the white house said in the last 18 months there were things that could not have been prevented and that's what she meant. >> sandra: and live on the north lawn of the white house for us, what did we learn, edward? >> so this is the private payroll report that is usually an indicator about the big jobs report by comes out tomorrow. in this private report it shows 128,000 private sector jobs were added back to the economy in
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may. that is just about the weakest monthly gain since april of 2020, after the pandemic lock down started and could be indication the economy is slowing. in a statement on unemployment claims and manufacturing, the president gave a rosy report saying today we received more data that despite the global challenges we face, america is on the move. the white house continues its renewed messaging push. >> we are coming out of a very strong economic period. and so now we are going into a transition. there are things as it relates to inflation, there are things that were not predictable 18 months ago, not predictable from day one. >> but inflation started to rise the month the president got into office when he started his attacks on the energy independence of the u.s. in fact, workers are seeing their average hourly wages actually in real terms losing 3%
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year over year, that's because you add in inflation. sandra. >> sandra: edward, thank you. john. >> john: no longer just a prediction or a warning of what could come, drivers in some parts of california waking to the reality of gasoline costing more than, ca-ching, $8 a gallon. drivers are seeing prices like these to top off their tanks, close to $100 for 11.9 gallons, fill an early model prius and a fraction of big suvs. >> sandra: and here in new york, patting themselves on the back so save drivers $16, close in on $5 a gallon. >> john: only going to keep rising according to aaa. they say prices are nothing compared to what could be coming. grady trimble has his forecasting hat on live in chicago with us.
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grady. >> yeah, that's scary news for drivers here in chicago, john. we have seen prices at this gas station shoot up $0.30 in just two days, to 5.79. illinois is on the list of states above $5 a gallon for the average. arizona just joined that unfortunate list as well. so, now a total of eight states on it, and the analysts are saying the rest of the country could follow, predicting a national average of $5 a gallon by mid june, a couple weeks away. right now we are $0.29 shy of that but prices are climbing. americans are paying about a buck 65 more than they were a year ago. more than $0.50 more than a month ago. new today, jacqui mentioned, or that there could be more oil supply hitting the market because the opec plus producers reportedly agreed to increase their production target in july and august, and saudi arabia
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could boost its production to offset the dropoff in production in russia because of those sanctions. but there are skeptics among the analysts and the traders. you would think more supply would bring down the supply of crude but we talked about gas buddy who told us a lot of the opec countries might not be able to produce what they say they can, that target that they have set, so it would not actually have a meaningful impact on the cost of crude and therefore the cost at the pump. also a lot of critics in washington, even senator joe manchin saying why are we relying on countries like sawed -- saudi arabia when we can produce it here at home. >> john: in chicago, the price is sky high. thank you, grady. >> sandra: sticker shot even for
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me. turns out you can make eight times the national median income and still struggle to make ends meet because of this inflation crisis. a new survey finds out of all americans earning a quarter million dollars a year, more than a third are living paycheck to paycheck. that is hard to believe. jerry willis has the details. >> that's right, sandra. a real shocker here. more than a third of americans, 36%, earning $250.0 -- $250,000 a year, millennials are stressed to the breaking point. only a fraction of earners say they cannot cover monthly household expenses, the sad reality is, they are devoting all the salaries, every penny to expenses with little to nothing left over. listen. >> and it's all the things affecting everybody on all income streams. it's everyday cost of gas,
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everyday cost of housing, you know. all of these things build up and means everybody has to make choices no matter how much you are earning, you have to look at that. . >> and it's not just inflation. market volatility has robbed american households of $5 trillion just this year. money that could have been used to retire or finance college, and today, as you've been saying, j.p. morgan chase c.e.o. says a hurricane, advising investors to brace themselves. back to you. >> sandra: thank you for that. >> john: biden administration announcing first major move on so-called forgiveness for student loans. lifting the debt from the grads means taxpayers are going to pick up the tab for the tuition. hillary vaughn has more live on capitol hill for us. >> the biggest debt forgiveness
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by the federal government ever but of course some democrats want way more. this debt forgiveness only applies to people that went to corinthian colleges, administration announced today, around 560,000 borrowers who together owe $5.8 billion in debt. white house is forgiving the debt because they say they got scammed. >> journey for justice for everyone who was defrauded by corinthian colleges. students who simply wanted to better their prospects in live and instead found themselves taking advantage of by a scam that took their money and gave them nothing in return. the>> the biden administration is not ruling out more student loan debt forgiveness. a senior official saying more could be on the way. progressives of course are pushing to make this happen before the midterm election.
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republicans worry that this could make already high inflation worse but the administration does not seem to be too worried about that. >> the impact on inflation and the near term is likely to be, is likely to be quite small, but again, because the president has not made a decision, i will not speculate specifically but most of the analysts suggest near term impact would be small. >> means test the program people who make under $150,000 a year are the only ones that can cash in on the benefit, but the washington post editorial board blasts this idea saying taxpayer money would still be used to pay off people's loans that went to law school and med school, saying this, these provisions while welcome would not stop the policy from becoming yet another taxpayer funded subsidy for the upper middle class. the president's mean test would
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be almost useless as some 97% of borrowers were still qualify for forgiveness. biden's dream would come at a big cost, estimate still costs 230 billion, also worsen inflation and increase the cost of higher education. and john, that's not very good news for the people that have not gone to college yet, this could have a trickle down effect on how much they may have to pay. >> john: exactly trickle down affect is broad and the fairness thing as well, what about the people who did the right thing and paid off their college loans. >> sandra: neil cavuto, good to see you. start off with how the white house is approaching what it is finally acknowledging as a very serious problem. it appears by the deployment of
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some top advisors they are downplaying the inflation crisis, at times pinning a rosey picture. >> we can take on inflation from a position of relative economic strength. >> does president biden take any responsibility for his policies. >> his policies have helped the economy get back on its feet. >> my plan is address inflation, starts with the simple proposition. respect the fed. >> this is a global inflation issue that has certainly been affected by things like the aggression in ukraine that were hard to predict. >> is this a who is taking the crisis seriously? >> you have to admit the problem before you attack the problem. i can say it's a thyroid thing, but eventually, no, no, it's about you eating canoli.
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so the treasury secretary admits, i goofed, she was saying collectively the administration goofed. i don't think the american people would care one way or the other but we do forgive presidents who admit a mistake. we tend to have long memories with that's who do not. even the washington post saying the president bears a good deal of the blame for where we are in inflation and hindsight, i quote here, 1.9 trillion rescue package in march 2021 was too large. he can't correct that now, but he needs to make good choices. now, i almost thought reading that in the wall street journal it was coupled with another piece on student loan forgive thez and where all that is going out of control. >> sandra: seems a change of tone from the washington post, holding this administration accountable. you look at what is happening in the jobs market and you look at the forecasts out there, we just talked about jamie diamond from
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j.p. morgan, hinting there could be an economic hurricane coming, forecasts for many top economists, but 11.4 million job openings in this country. that is hard to believe. 5.94 million looking for work. well, if that's the case in a strong economy that's one thing. but if we are still in that position as we potentially enter a recession, you are talking about what diamond suggested could be an economic storm. >> neil: diamond, who kind of a hurricane are we talking about here and where would it fall. but leading that aside, we are in a better position because of that jobs strength you alluded to, far better than during the carter years in the 1970s and stagflation. so they say the solution to higher prices are higher prices
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and to get to a point they get so high people say the heck with it, i'm done buying these, or i'm pivoting to something cheaper, or just staying in my home and not going out. >> sandra: demand construction. >> neil: the biggest signal from the administration is that that difference is what will make a difference. this isn't the 1970s. job growth is still great, balance sheets, where they stand right now, stronger than it was back then. but the reality is that a lot of that strength, sandra, as you know is coming from federal and stimulus checks that have been spent. credit card bills are going up, loan obligations are going up, even as interest rates on the debts are going up. it's not a good combination. >> sandra: and the report, you can be making $250,000 in the country and living paycheck to paycheck. inflation is a heavy price on
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the lower end, hard working american, everybody across the spectrum. >> neil: and we have gotten spoiled, i don't like to give away my age, people think i'm 29, having said that, i look at this when i hear americans getting alarmed about 30-year fixed rate mortgage dropped to 5.09% this week, my wife and i paid that per day -- exaggerate a little bit, but perspective is everything. this is something they never remember, just a year ago the same mortgage was under 2.9%. so, that's something to get used to, and it's alarming, and alarming a large group of people, including that 250,000. that is also cutting back. >> sandra: and we'll watch for how the fed tries to tackle this, rising interest rates, how long that will last. and i saw the cleveland fed president a few moments ago talking about the risk of recession is righting, unacceptably high inflation and
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a question over how the fed -- >> to your point, we also heard from the vice chair of the fed, now saying she does not see a reason not to hike in september, so if you take it as a given that the fed will raise rates a half a point at the next meeting this month and another half point after that, and still another half point in september, seriously high territory. >> sandra: great to have you here today. see you at 4:00. >> john: always good to have neil on. biden administration says it has been attacking the baby formula shortage with a whole of government approach. so did someone forget to tell the head of the government? another case of the president's words not matching what his staff has to say. that's coming up. >> sandra: we'll also dig deeper on college loan forgiveness and what critics say is motivating the president's controversial move.
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ari fleischer will join us next.
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>> john: biden administration is letting 560,000 people off the hook for student loan debt. going to cost $5.8 billion for taxpayers. students attended a new defunct for profit college critics said the administration move is a desperate plea to court younger voters ahead of november's midterms. bring in ari fleischer, great to see you. >> we all know that's real money in the pockets of real people who have faced over these years significant debt, many of whom
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are still struggling to make ends meet as costs have gone up. >> john: this only applies to people who attended the corinthian colleges as they were known. the question is, is this a trial balloon for a bigger program? >> ari: well, even if it's not, john, i think you have to ask yourself. what principle is involved here? she's right about what she said the debt and the burden this places. but if everybody in america who has a burden or a debt and gets ripped off by somebody in the private sector, which this college clearly was a ripoff, entitled to the federal government, neighbors, fellow taxpayers baling you out, where does it end. there are scam artists all over the united states. we see them online trying to phish us. if somebody steals from your bank account, the government, taxpayers pay for that? the answer should be no. this is not job of a government to bail people out who get ripped off.
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it's the private sector's job, pursue it in court, take action against the university what's left of it. the principle the federal government and the taxpayers bail you out is wrong. >> john: the avenue maybe this is a trial balloon for a bigger program that the president has been talking about, he said he would like to relieve some federal student loan debt. up on the screen how much this would cost. involve some 43.4 million loan holders, and cost us $1.6 trillion as taxpayers. given all the spending we have engaged in and the urgency to cut the deficit, where do we get that money? >> the urgency to avoid further inflation which hurts the blue collar workers who don't take out the loans who didn't go to college. the democratic party under pressure from college graduates, masters degrees, liberals are
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pressing the biden administration to forgive the loans. the democratic party is increasingly turning into the party of the rich. and help people with masters degrees, with ph.d. at the expense of people who didn't get those type of degrees. and look at their tax policies. they want to provide tax deductions for people who have houses that has more than $10,000 worth of interest payments, to forgive state and local incomes. policies that benefit the richest among us, college graduates, not blue collar working americans. two-thirds of americans don't go to college. why should they bail out those who did. >> john: the democratic party has a problem, hemorrhaging younger voters. biden's approval rating among young people, only 37% according to a recent poll, 48% disapprove. so the numbers are well underwater on that point.
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if they sit out in november it's going to put the democrats in a world of hurt. if you come out with an announcement before the election that says we are going to cancel some, if not all of your federal loan debt, throwing a huge bone to the important voting block. >> ari: you have to suspect that's what's a lot of behind this, appeal to the younger base, a very democratic-oriented base. the problem with big government, governments say don't just stand there, spend something and the spend something here is our money, taxpayer money, people who did not go to college money. redistribution from those who don't have it to those who will have it. that's exactly what the loan forgiveness is. and principle, it's just wrong. it's not the business of the federal government to tell somebody because you made an obligation, a promise to pay your bill and you don't want to or hard for you to do it, we'll step in and do it for you. that's not the business of government. what do you do about you will a the people who did pay the
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bills? what signal for the people who cut back, lived life the proper way, honoring debts, paid their bills, even though they could have gone into debt but chose not to. what are we teaching people if we do these things? >> john: i had the piece of sound from the father confronting elizabeth warren in iowa in 2020 but unfortunately we are out of time, have to get to it another time. good to see you today, my friend. thank you. >> ari: thanks, john. great to see you. >> sandra: thank you. president biden now facing even more pressure to get baby formula back on the shelves. and this just in. there is now an out of stock rate being reported as 74% nationwide. and get this, according to bloomberg news a few moments ago, one in five states that is now 90% out of baby formula all together. the white house says it has been
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working on a fix since february, but the president himself saying he was not made aware of the situation until april and it was may before he decided to invoke an emergency act. all the while, parents struggling to feed their babies in this country. lydia is here with the latest, hard to believe where we are and seems to be getting worse as we reported. >> incredible it seems to be getting worse as the white house claims it's been working on the problem since february. we know from yesterday's meeting the president says he was not advised about the formula shortage until april, two months after abbott's michigan plant closed and that's when data showed nationwide outages were 30 and 40% that month. >> i don't think anyone anticipated the impact of the shut down of one facility, the
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abbott facility. so once we learned of the extent of it and how broad it was we kicked everything into gear. >> yesterday's formula manufacturers said they warned retailers in february of the shortages when the abbott facility closed and the recall announced. >> from the moment the recall was announced reached out to retail partners like target, walmart, to tell them this is what we think will happen. we knew from the beginning it would be a serious event. >> discrepancy on the heels of the f.d.a. commissioner's admission that the agency acted too slowly in response to issues raised at abbott's michigan plant. and they wait for a supply of baby formula, the white house is launching a new website, explaining the actions it's taking to resolve this and the president tweeting an update saying the administration has secured commitments of enough
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formula to make 94.5 million bottles, commitments, does not necessarily mean its in the country yet. still the president said it will be about two months before supply is back to normal. >> sandra: wow, we pray for the parents going through the struggle and the babies who need formula and hope it gets better soon. thank you very much. john, it's been quite a bit of time digging through the timeline and hard to believe if you hear from the white house that this has been a whole of government approach dating back to february, that that did not include the president who said yesterday that he was not brought up to speed on this until april. >> john: you know, there was another thing the president said that ran in lydia's fine report said no one anticipated the impact of closing down the abbott plant. it produces 40% of the nation's baby formula. how could you miss that? >> sandra: you know who didn't miss that, the five c.e.o.s
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talking to the president there, they said they immediately stepped in when they learned of the closure of the plant and upped their production to meet the needs. so, there was some pretty public admission that this was becoming a bigger and bigger problem. >> john: i mean, that -- that's like saying ok, we are going to close down ford motor but it's going to have no impact on the numbers of cars over the next year or so. >> sandra: still big questions remain, and 74% out of stock rate, one in five states now, 90% out of baby formula and lydia, in georgia 94% empty shelves. wow. >> john: white house news flash, this is a big problem. yeah. hey, could a beautiful yard be a thing of the past? coming up, what's driving some to declare the death of the american lawn. >> sandra: plus, from crime to critters, there they are again. why those rats are running
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>> john: a teenager stabbed in the back by a total stranger. police searching for the suspect leaving folks in america's biggest city looking over their shoulders. but first, the green grassy front lawn long considered the symbol of the american dream may be forced out of existence in the state of california. some of the strictest water restrictions in effect in southern california meaning folks are only allowed to water once a week. many are wondering why the government did not act sooner. for that, we turn to kelly o'grady, live in los angeles. kelly. >> hey, john. yeah, the state of california is ramping up water restrictions and this is called a mega drought. here in southern california, sweeping restrictions on outdoor
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water use are going into effect for more than 6 million residents this week, and the conservation laws are being called some of the strictest the state has ever seen, with the goal of curbing water use by 35%, the third straight year of drought. odd numbered addresses mondays and fridays, and even, thursdays and sundays, no watering every day between 9:00 a.m. and 4:00 p.m. but a lot of confusion around what rules apply where and criticism for what some are calling lack of full restrictions. while california democrats are blaming it on climate, a lot of residents are frustrated more was not done earlier to curb water usage. >> it's concerning since we have been hearing about water shortage not only this year, important we keep an eye on that and aware of and conscious.
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>> the crisis has been brewing for some time. earlier this year california water officials said they could only allocate 5% of requested supplies from the water project after the dryest ever first quarter and despite the deficits, the residents responded by use been 27% more water in march compared to the same month in 2020. the now outdoor limitations will likely help in the immediate term, if residents abide, folks are saying it's a short-term solution to a long-term problem. one study calling it the worst drought in 1200 years. i like the you said the debt of the american lawn, subsidies for turf, so maybe like the evolution of the american lawn. >> john: the california government can never find enough things to spend money on. but look at lake powell, it is a very serious problem. kelly, thank you, from los angeles. >> sandra: america's crime crisis continues to spiral out of control, cops are looking for
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a man who snuck up behind a 16-year-old, stabbing her in the back after they say he just walked away. charlie hurt, washington times opinion editor and fox news contributor, difficult to even watch that. charlie, well come to you. you are here in new york city. you live outside the city, but -- >> way outside. >> you are visiting now and have seen the city many years. how could you describe what you are seeing today? >> where i live in rural america, that scene very rarely plays out, probably for a variety of reasons. but look, you know, we spend so much time politically talking about economics and obviously the economy and inflation and gas prices are really important. my goodness, nothing trumps personal security when it comes to politics and elections. and if these politicians in places like new york city think that they can have these policies or sort of run on a platform of anything other than
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personal security, first and foremost before you get to any of the economic issues, personal security for you, your spouse, and your children, and your neighbors and everybody else, and people you don't even know, you see on the with subway platform. >> sandra: and more recent episode a woman was on the subway, her hair was grabbed by a mad man, no one on the car stepped in to help, and we have video of it, held his cell phone camera up and videotaped this, charlie. >> this is so appalling, and i have to say the only redeemable person is actually the person video taping it because as a reporter i like for things to be recorded. and at least they were recording something and they provided some sort of service here. but the idea all of these people are on that subway car and
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nobody has the courage and the sense of injustice and disgust at what's going on, to go over and stop this from happening is absolutely appalling. and obviously the person videotaping it should have put down the phone and helped as well. but if you don't do anything, i'm glad we recorded it. i mean, as awful as that is, we should see how bad this is. and the idea that innocent people are afraid, understandably afraid to go and ride the subway to go to work to provide for their families, that is completely unacceptable. >> sandra: there was also this brooklyn church tabernacle stolen and the angels were beheaded. pictures of this are unbelievable. but you take this bigger picture and you know the midterm elections are coming up, you know crime is front and center for many americans who live in the cities they see the crime and destruction happening before their very eyes. many who don't feel safe walking down the street and you wonder
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if the white house, you know, and democrats are going to take notice and look at some of of the soft on yiem policies that have led to some of this crime in american cities. >> and the years' long campaign among democrat prosecutors to not go after heinous crimes like the angels beheaded, these are terrible crimes that destroy people, the quality of life and actually lead to people being hurt and dying. and obviously all of it is backed up by actual statistics. this is not anybody hyping anything. this is very real. and you can -- and when you can take these things and tie it directly to public policies of elected officials who face re-election, good luck. >> sandra: and by the way, we'll bring john in here. also trying to get a grip on the drug and homeless problem, new york city of health has put up the don't be ashamed campaign
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where they are basically trying to have people come forward with their drug use to not hide it underground to say that don't be ashamed you are using, be empowered that you are using safely, encouraging safe use of drugs if there is such a thing. >> not sure what the message is there in the big apple, but it's not the big apple i remember when i lived there in the 1990s and then again even in the late 2000s. >> sandra: or even precovid. >> john: something has changed. >> and with that particular health campaign, you go from not just having policies that are lackadaisical about crime but celebrating it, my goodness, what do you expect the result to be? of course it's going to get worse. >> sandra: well, charlie, be safe, thank you for visiting us in the big apple. appreciate it. >> john: and speaking of getting worse, right, sandra. >> sandra: indeed, this is a problem. rats have been a problem in the big apple decades now awe the
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city says the mess is worse. more than 7,000 rat sightings in just the first four months of this year, i guess those are reported rat sightings. the most recorded in over a decade and officials expect the numbers to be even higher this summer. a theory is the increase, outdoor dining since the start of the pandemic as well as the city lifting a policy that requires large residential buildings to keep their garbage in containers. just, you know -- rats. >> john: rats, that takes us back to the 1970s, were the films "willard" and "ben," featured the famous song from michael jackson, the little boy befriends a rats. maybe if new yorkers made pets with them. >> sandra: rats in new york city are often mistaken for large cats and dogs because they get
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that big. >> john: they are healthy there. disgraced attorney michael aveniti already behind bars. new sentencing means he will spend additional two and a half years in prison on top of the two and a half that he's already serving. of course, there was a time where avenatti was not being loed up but constantly lifted up by his friends in the media. >> got lucky, back with attorney michael avenatti, a main player. >> like the holy -- you are all places at all times. out there saving the country. >> i think you are doing a hell of a job. i don't think you are in it for money. >> looking at 2020, i'm taking you seriously as a contender, because of your presence on cable news. >> sandra: oh, yes, we remember.
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>> john: come on. >> sandra: that really happened. >> john: that really happened, right. and they made no apology for it, none of them have said anything about it in the aftermath of all of this. it's like be careful how high you put a person on a pedestal, it's a long way to fall. that's all i've got to say. >> sandra: ok, john, thank you. the suspect meanwhile, a story we are watching closely, accused of killing ten people inside of that buffalo supermarket pleading not guilty to 25 charges against him just moments ago that happened in court. the shooter is charged with ten counts of first-degree murder, ten counts of second degree murder, hate crime and act of domestic terrorism. 18-year-old would be automatically sentenced to life without parole if convicted on
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the terror charge. john. >> united states are providing unprecedented level of military support. this is making a difference on the battlefield every day and we need to sustain that support. we need to be prepared for long hauls. >> john: prepare for the long haul, the warning from the nato secretary at the white house earlier. zelenskyy says russia controls 20% of the country after nearly 100 days of fighting. let's bring in rebecca grant, so the area that i want to start off by focussing on is right here, which russia has almost taken full control of. we understand rather than staying and fighting the ukrainian military is pulling out to the west here. what are the implications of this city falling?
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>> it's important ukraine has moved back. these positions are better defended but no question, its a bad week for ukraine and russia has taken more territory. the question in my mind is now where can they stop and defend. that, we'll see that over the next week, couple of weeks, and will determine how long zelenskyy can keep up the fight against russia. >> john: let's go to the bigger picture by moving on the map. where we are here with sererodonetsk, and the russian forces have been moving this way and this way as well. if they can close off this area and surround the retreat line for ukrainian forces in here, what does that mean about putin's ultimate plan of trying to take the donbas region? >> if they close this off he will have the republics of luhansk and donetsk, and shift more attention to the south. before this happens, they have
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to get across the river here, the same river where they were devastatingly attacked a few weeks ago, that they'll still have to do. also, russia took almost all this territory back in 2014 but could not hold it. don't know the final answer yet. >> john: we know the pace of battle is slow and grinding. 100 ukraine soldiers are being killed every day. vladimir putin is banking that his patience and resolve will outlast that of nato and the e.u. already we are seeing a little bit of cracks in the nato alliance, france and germany saying you know, these long range weapons that ukraine wants, we don't think we want to give them. germany did give them an advanced air defense system and russia saying to the united states, oh, these more sophisticated multiple launch rocket systems that you want to give ukraine, that's adding fuel to the fire. so in terms of who has the longer resolve, which way do you
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think that calculation comes up? >> when russia complains about the system that is pure propaganda. and what i like, britain is giving long range systems, australia as well, and in europe, this is a major day-to-day crisis. i predict nato will hold together and help ukraine keep pushing back on russia. >> john: one more quick thing, in kherson, ukraine keeps on -- yellow, ukraine keeps putting pressure on russia here in the area of kherson, if they can push russia across the river, how does that bode for ukraine, russia would like to stay north to launch a future invasion. >> very important, ukraine has started the counter attack while holding in the east, i like that, and this ties town 50
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tactical groups, and helps to keep open the routes to the crucial port of odesa and mykolaiv and we can work the blockade later. >> john: so good news, bad news, thank you. >> sandra: learning more about a horrific tragedy in the florida keys on memorial day. a mother died after a captain cut her parasailing cable causing her and her two children to slam into a bridge. phil keating has been following this for us, details in miami. hi, phil. >> yeah, absolute disaster for an illinois family down in the florida keys enjoying their vacation when a mother ends up dead doing what so many tourists in florida do every single day. go parasailing. the mom, her son and her nephew were taking a parasail ride together over memorial day weekend n marathon in the florida keys, when the captain intentionally cut the cable when the wind suddenly picked up. that led to the mother and the
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other two plunging into the water and being dragged across the surface ultimately slamming into the old 7 mile bridge. the kid survived, but the mom was dead by the time a good samaritan boat captain picked them up and delivered them to shore. a coast guard spokesman says the woman was deceased on the scene, and according to the florida fish and wildlife initial incident report, the captain, daniel couch, cut the line tethered to the harness because the parasail pegged, meaning it was so full of air it risked dragging the boat. at this point he has not been criminally charged but the chairman of the parasail safety council tells me the captain should not have done that and done other tactics like turned the boat sideways, this kind of thing happens very rarely, maybe about one fatality out of every
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90,000 parasail rides. >> sandra: that is an absolutely horrific story. phil keating, thank you for joining us on that. l john. >> john: just awful, awful, awful, awful. elvis is being told to leave the building. licensing company that controls the king's likeness is telling chapels in las vegas to stop using elvis in the ceremonies, of all things. what's this about, christina? >> i can tell you for the business owners it has them all shook up. they fear it could destroy a portion of the lucrative wedding industry, the group that oversees the likeness of elvis presley, issued a cease and desist letter to stop using his name, likeness, voice, image and other elements of his persona in a week, and this is short by before the new film on elvis's rise to fame on june 24th,
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likely generate more interest in his legacy. >> timing of the letter is kind of suspicious to us, after all these years. why now. >> allow us to do what we would love to do to keep the memory alive. long live the king. >> the company that overseas the likeness released a statement, no intention to shut down chapels that offer elvis packages in las vegas. we are seeking a partner with each small business to ensure the use of elvis's name, image and likeness are officially licensed and authorized by the state. one intellectual property attorney assessment of the whole situation. >> if the wedding chapels want to continue to doing what they are doing, may be able to enter into a license agreement, probably have to pay some money to do that. >> but some business owners still fear it could hurt their
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bottom line, john. >> john: show me the money, jerry. christina, thank you. >> sandra: john, from the king to the queen, some breaking news just in from london. quite sad, actually. buckingham palace has announced the queen will no longer attend a ceremony tomorrow part of her platinum jubilee celebrating 70 years on the british throne. today was the first of a four-day national celebration of britain's longest serving monarch. according to the palace, a statement released a few moments ago, the 96-year-old queen felt some discomfort when she appeared at a military parade earlier today, watching from a palace balcony, she seemed to bask in her big moment. we saw the pictures and images of her smiling, enjoying the moment, playing around with her great grandson. the queen was set to attend a thanksgiving service tomorrow to mark the second day of celebrations. our prayers and thoughts are with her. >> john: don't forget her, she had covid a couple months ago
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and she said it left her exhausted and you and i both had covid and you know how much it can kick your you know what. so, 96 years old, probably did leave her fatigued. >> sandra: she does look forward to the beacon lighting event at windsor castle. great to be with you, john. two hours flies by. thanks for joining us. sandra smith. >> john: i'm john >> martha: hi, guys. thanks, john and sandra. "the story" live in london at this hour as the queen and prince william prepare for short appearances that will happen a short time from now despite the news about tomorrow. we'll pick that up later. first, we go back home to the united states. fox business reports that the white house is shaking up its messaging team on the economy. charlie gasparino reporting that janet yellen will be


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