tv CNN Newsroom With Poppy Harlow and Jim Sciutto CNN November 5, 2021 6:00am-7:00am PDT
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this is cnn breaking news. >> very good busy friday morning to you. i'm jim sciutto. >> i'm erica hill. it is a busy friday morning. let's begin with breaking news on the u.s. economy. the labor department announcing the u.s. added 531,000 jobs last month. that's a pretty significant increase from a disappointing august and september. we should note too, numbers for those months were revised higher. this is beating analysts' expectations. the unemployment rate down to 4.6%. just ahead, i'll speak with labor secretary marty walsh about the new numbers. that's coming up this hour. >> big numbers this month, revisions upward for last two months. we're expecting to hear from president joe biden this morning. he's set to address the impressive jobs numbers and the prospect that his economic agenda could become a reality today. we'll have important votes during our hours.
right now, debate around the build back better plan as it is known happening on the house floor. today could be the day sweeping social safety net package and crucially the bipartisan infrastructure bill get a vote. >> yeah, so overnight lawmakers resolving we know at least one major sticking point. and the white house released its estimate of just how this would impact the deficit. so they're close. but they're not there yet. we'll take you live to capitol hill with much more on that ahead in a moment. so lots of stuff to cover today. thankfully we got lots of reporters who cover this stuff. standing by to bring you the latest, let's begin with cnn chief business correspondent christine romans. christine, first of all, a big number above forecast after several numbers below forecast. but also revisions upward for the last couple of months. >> the picture here is very strong for hiring in october. and it is nice to see that summer lull was not as bad as we thought. in normal pre-covid times, this jobs report would have been
historic. 531,000 net new jobs added back to the economy in october. across the spectrum, and wages up 4.9%. that means people are go back to work and getting bigger paychecks. you look at the trend of the year, you see that summer stall really and then roaring back here in october. these are numbers that economists tell me will continue to pick up as the delta variant is behind us and more and more people are vaccinated and people feel more comfortable going back to work and getting out there. looking at the unemployment rate, 4.6%, this is a very good number. at some point here, we'll see the participation rate get better as people come off the sidelines trying to get into the labor market. this say very good number and that is basically right back to where we were in march 2020, before the pandemic 3.5% unemployment rate. big picture on the economy, the jobs part of this picture. you have a stock market at record highs right now.
you have home equity at record highs right now for so many people. wages are gaining and we're on track for the best year for economic growth in a generation. so take the whole big picture here, we talk about the supply chain, the gas prices. the big picture here is the american economy writ large is back. >> that's a picture that a lot of people would like to embrace this morning. christine, thank you. so that's one part of the morning. house vote meantime on president biden's sweeping social safety net package and bipartisan infrastructure bill could happen just a few hours from now. let's get straight to cnn washington correspondent sunlen serfaty on capitol hill. what is happening on the hill this morning, sunlen? >> reporter: right now, the wheels are starting to turn on the house floor. they will start by taking a series of procedural steps this morning, starting with debating on the rule for the social spending plan, then moving to a vote on that rule, then a vote on the final passage of the social safety net bill. then moving for final passage on
the infrastructure bill. but this is going to certainly be an hours long process today. and we're already seeing some moves by republicans just in the hour that the house already has been convened this morning to gum up the works procedurally, essentially to try to slow down the process even more. going to be a long day. now, going into the day today, democratic leaders are confident, they feel good where this is all headed. there still are concerns out there and very, very close margins, concerns among moderates who are unhappy at having to vote on this bill, social safety net today. having to vote on it without having an official score from the nonpartisan cbo. one major sticking point that was resolved overnight in the flurry of last minute negotiations is over state and local tax deductions, capped at $80,000 a year according to sources. now, to note, where things are headed today, if and when the infrastructure bill passes, that
is final passage. this was already passed in the senate, so this will be sent to president biden's desk for his signature and potentially signed na law later today. but on the social spending package, that certainly has a longer road ahead. if it passes out of the house, it will be sent to the senate, where they expect major changes to be made, so a long track road for that piece of legislation, even out of the house today. >> sunlen, quickly, given it is complicated how this stuff works, is the rules vote in effect the equivalent of passing the measure? >> absolutely, a great note, jim. that is basically a key vote. that's what we're watching for today. if the rule gets passed through today, very likely it will be final passage of the social spending bill. so that is important moment, a test vote ahead of the final one. >> understood. we always have to translate how things work up on the hill. sunlen serfaty, thank you very much. let's go to cnn chief white
house correspondent kaitlan collins. it is shaping up potentially to be very good day for the biden administration. not just a jobs figures, but possibly, right, finally moving on infrastructure and build back better. >> yeah. if the president gets both of those, this is going to be one of the most significant days of his presidency. it would not just be that bipartisan legislative victory he likely gets if they do pass this infrastructure bill as the house says they are set to do so right now. also in addition with this jobs report. and we know we are going to hear from president biden here in the next hour on the jobs report numbers. he's already scheduled to give those remarks and this is going to be something where the white house is looking forward to these remarks compared to in the past where they tried to spin them, it has been months where it is undercut the assessment. this is good news for the white house. if they get both of these today. importantly, it comes in the context of several weeks that have not been good for the president. so it is very welcome, i think, inside the west wing to see this jobs report and if they can get this infrastructure package
passed this is something they have been working on for months. they have come close to having this vote for final passage. and if they can get this passed, right now it seems almost second thought compared to the other bigger bill that they have been negotiating over for weeks. but this would be something significant for this white house to get this on the day of a very good jobs report. >> yeah, would certainly be quite the day. in terms of that build back better bill, the social safety net bill, the white house putting out this preliminary cost estimate to really try to get more democrats on board. specifically some moderates. because we know there is still this call from a score from the cbo, they won't have on time. is there a sense from the white house on whether that effort did enough to bring enough votes on board? >> yesterday they seemed to be saying this isn't really something we think is necessary, but, of course, several of the moderates said they want to see the final financial impact this bill is going to have before they vote yes on it today. whether it stops them from voting in the end remains to be
seen. it was a big holdup yesterday. house speaker pelosi wanted to vote on this last night. that is what she told our caucus behind closed doors yesterday morning. that vote proved to be elusive. she was on the phone all day yesterday, talking to members, so was president biden and several members of his cabinet. that did not work last night. they worked late into the night on this, trying to get the votes from a maybe to a yes. we'll see if it actually comes to fruition today and how that works. i do think it is going to be a pretty long day as they're still clearly navigating this. they did not immediately take action this morning. >> finally, kaitlan, the jobs numbers here. listen, part of the expectation for the biden administration has been a biden boom, right? biden economic boom. the delta surge put that on pause, but it does now looking at the numbers and the revisions last couple of months look to be a pause rather than an end to that boom. how is it the white house see it? >> that's what they have been arguing.
you heard from president biden after the september jobs report, so bleak, he was saying this is going to be something that takes time, going to ebb and flow. we have seen revisions for the last two months and this has far exceeded economists what they predicted by 100,000 jobs and so that is the argument. i think today he's going to hammer home the american rescue plan, which was passed earlier this year, talk about the successes there, and i do think it will help strengthen his hand at a time when the president needs it. especially coming out of tuesday and you saw how this blame that was essentially circulating around democrats for last several weeks, they started making it public and saying the president needed to be focused on inflation, supply chain shortages, not trying to be fdr. those are the words of democrat in virginia, abigail spanberger, this is not what the president was elected to do. this will help with the messaging front. we'll see how they message it. president biden is scheduled to leave the white house later today to go to rehoboth beach for the weekend. whether they try to do a signing
ceremony today for the infrastructure package if it gets passed by the house or early next week, you will try to see them highlight that because clearly what they believe tuesday showed them in the wake of the elections is that they need to be highlighting things like this more. >> kaitlan collins, appreciate it, thank you. we are also following breaking news this morning on the covid front. pfizer says it has a new drug that can reduce the risk of covid hospitalization or death by 89%. what does that mean? is it really a game changer? plus, the former doj official who wrote the memo trying to justify stealing the 2020 election, sitting down for an interview with the january 6th committee and the chair says he signed another 20 subpoenas. later this hour, live in brunswick, georgia, as opening statements set to begin in the trial of three men accused of murdering ahmaud arbery. here why tensions have flared between the judge and the defense attorneys. ♪
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new this morning, another weapon to fight covid-19. the drugmaker pfizer announced its experimental pill designed to fight coronavirus reduced the risk of hospitalization and death by 89%. this among people at high risk of severe covid-19. it is important to note this data has not yet been peer reviewed or published, but pfizer says it will share specifics in a peer reviewed paper and with its submission to the u.s. food and drug administration. early data, but good indicator. >> cnn's elizabeth co-hhen joing us now. what do we know about the trials, the participants? what is the information that is out there? >> erica, so the results of this trial with an antiviral drug to
treat people in very early stage covid, they were so good that the folks who were monitoring the trial said, you know what, let's stop it so that these folks, so pfizer can go to the fda and try to get authorization. that's how good the results are. that doesn't happen very hoofte. but it happened with this antiviral and the antiviral that merck applied for emergency use authorization for. it may be in the future we could have two antivirals to treat covid, which would be amazing, especially since these are pills. let's look at the results from this pfizer trial. what they found was they had 774 patients. very early stage covid patients, divided them in half. the half that receive the placebo over the next four weeks or so, 27 of them ended up in the hospital, and seven of those people died. you got a placebo, 27 in the hospital, seven died. when they got the pill, they got the antiviral pill, three ended up in the hospital and zero
died. that is obviously a big difference. so this data, this is going to be poured over by advisers to the fda, by the fda itself, and a crucial question will be, the way these pills work is that they basically mess with, for want of a better term, the virus' dna. it stops it from replicating. you want to make sure you don't have off target effects. make sure you're not messing with anything else in the human body. so they really will be looking to see if there were any side effects. erica, jim? elizabeth cohen, thanks so much. let's dig deeper, dr. carlos del rio joins us now. just for clarification, for me and for a lot of folks watching, this is not preventative like the vaccine, this is a pill, if you get infected to prevent that from becoming severe disease. do i have that right? >> absolutely correct, jim. and i want to emphasize that. still the best approach is to get vaccinated. so you don't get infected.
but if you get infected, having available medications, oral medications is critically important. >> so this medication would be combined with another antiviral drug. this is similar to what we saw from merck, merck applied for emergency use authorization for its pill that would essentially work in the same way. uk regulators approved that yesterday. when we look at how this would be used, is it i go, i get tested, i'm positive, and then the doctor would prescribe a pill to me and that's what would prevent severe infection or more tailored depending on whether or not i had underlying conditions? do we know yet? >> we don't know. who was enrolled in clinical trials was people with high progression. if it prevents transmission, it
may be actually useful thing to do. but at the data we have with the clinical trials, enrolling people that have high risk of progression. i would say, though, the two drugs, the merck drug and the pfizer drug are different in their mechanism of action and the pfizer drug is something called protease inhibitor. it inhibits a step in the viral replication in which an enzyme, protease, cuts down the virus. when you make cookies, you make cookies and you try to cut them, so you have the final shape, this drugs are very similar to drugs we use for the treatment of hiv, so a lot of the research in advancing hiv research led to drugs for the treatment of covid. >> okay, so, everybody loves a pill. it solves a problem. it is easy, pop it, everything is good. just to be clear here, you're saying folks should still get vaccinated to prevent getting to this point, right? less likely you are infected even in the first place, just -- i want to make that clear
because people can sometimes confuse pill versus vaccination. >> at the end of the day, the best thing you can do is get vaccinated and prevent -- avoid getting infected and more importantly avoid getting very sick and dieing if you get infected with a vaccine. the pills are available, they're a good thing to have, at the end of the day, prevention is much better than cure for any disease. >> a vaccine can help and in some ways prevent spread. that's important. dr. carlos del rio, thank you for joining us. a quick programming note. we all have a lot of questions still about these vaccines. and we're excited to be answering some of them for you tomorrow morning here on cnn. a special town hall, dr. sanjay gupta and i are teaming up with our friends from sesame street to answer questions that you or your children may have about getting vaccinated. here is a little sneak peek. >> my grannie bird said since i'm 6 years old, i can get the
vaccine. >> that's right, big bird. >> i have a lot of questions. like, what is a vaccine? and does it have to be a shot? and will i still need to wear my mask? >> just a few of the questions we will answer for you tomorrow morning, 8:30 eastern here on cnn. >> i'll be watching. in a few hours, a who's who of american political leaders from both parties will gather to remember the legacy and the man general colin powell. i'll speak to a man who worked with him for years, knew him well, ambassador john negroponte. that's next.
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today, in a matter of hours, the funeral for general colin powell will begin at the national cathedral here in washington, d.c. president biden and the first lady both expected to attend the memorial for powell as well as three other presidents. powell died in october from complications related to covid-19. here with me now, ambassador john negroponte, attending the services. he was deputy national security adviser under colin powell going back to the reagan administration and also served together in the bush administration. ambassador, thank you for taking the time this morning. >> thank you very much. >> on days like this, i suppose that the best thing to ask is just tell us for folks listening now a little bit about the man. what do you remember most about him? >> yeah, well, of course i loved him. and i loved working for him. he -- for some reason i guess we just clicked together. he invited me to have three
different jobs in two different administrations. i was thinking in preparing to talk to you today, jim, about what was it that made colin the unique man he was. what i came up with in my mind was first of all the fact that he was the son of immigrant jamaican working class parents. and i would put the emphasis on working. because colin was a very hard worker. and he wasn't class conscious. he could get along with anybody, from the top to the bottom. from anywhere in our society. so that was one thing. second, he was a new yorker. i think growing up in new york taught him a lot. a lot of street smarts. and a lot about different ethnicities. i remember him spending time recalling, you know, the greek kids he had known and the italian kids, we mean americans, but of that origin and then lastly of course the army. the army, as he said in his own autobiography, that really shaped his life. and above all, most importantly,
gave him a sense of purpose. he was a wonderful person. >> character, bipartisan appeal, things that are all too rare today. he had a moment back in the '90s, specifically 1996, when there was a movement to recruit him to run for president. i wonder if your interactions with him, did he ever express regret he didn't take that step? >> you know, i never talked to him about that. i just never raised the subject. i think he might have done well. though i think there is always the difficulty for someone like that when they are tempted to do -- to run -- i guess he would have been running against mr. clinton, the man who appointed him to certain jobs. he was working for clinton. running against your boss or former boss is i think always a difficult proposition. >> for sure. his career spanned two major wars, of course, right?
in leadership positions. the gulf war, but also the iraq war. and two very different wars in terms of america's experience there. what do you think his legacy is? >> i think there is no doubt that his legacy will likely be the powell doctrine. and the conditions under which we should use force in international situations. and basically he was very conservative in that regard. he thought we ought to always exhaust every other possibility and if we go in, we have to have a clear purpose in mind and political support back home and try to make it short. i think that is colin's sort of essential view. and he wasn't afraid. colin was a brave man. he was unafraid. but he didn't like conflict and he didn't want to sent people to war. he really deeply believed we
ought to exhaust all other remedies before considering going into conflict. >> yeah. for sure. that famous line, of course, from him, you break it, you own it too as he said about iraq. you last spoke with him, i understand, about six months ago. can you tell us what you talked about? >> maybe a little bit more recently. two, three months ago. he told me that at that time he told me that his myeloma he had had -- i thought he said that it had been brought under control. maybe that was the case. but perhaps his immune system was compromised. i was surprised when he passed away. very surprised. >> well, it is a sad moment. we knowy you and many others wl do your best to honor his memory today. thank you so much for sharing some of those very personal memories of him.
>> thanks very much, jim. once again, cnn will have live coverage, of course, of the funeral for general powell. it starts at 11:00 a.m. eastern time. jake tapper, wolf blitzer, join them as the country honors the legacy of former secretary of state. sustainability is essential to creating a better tomorrow. that's why cisco is committed to achieving net zero emissions by 2040. and we believe our smart buildings solutions can help. providing power to reduce emissions, intelligence to eliminate waste,
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helping then president trump in his efforts to try to overturn the 2020 presidential election. committee chair congressman bennie thompson said he's also signed about 20 new subpoenas, those could go out as soon as today. joining me now to discuss, paul rosensweg from the department of homeland security and former senior council for the whitewater investigation. good to have you with us this morning. if you were there and questioning jeffrey clark, what would you be asking him specifically? >> i think the most important questions to ask mr. clark would revolve around his specific interactions with others at the department of justice and at the white house. both the president, the vice president, the white house counsel, the acting attorney general jeff rosen. the details of what he tried to do are still obscure, certainly within the department of justice. we have a good paper record.
but hearing his version of what he was attempting to accomplish and why would lay a baseline for further inquiry. >> in terms of that baseline, how important is this interview in your mind, overall, based on what we know publicly about where this could lead? >> well, i think the attempt to politicize the department of justice was probably the single most dangerous effort by president trump in the post election time. the idea of the department of justice actively interfering in state electoral actions in the way that clark was advancing should scare every american. and but for the apparent real bravery of people like jeff rosen and pat rejected that, we may have gone down a very dark path. getting to the bottom of this and figuring out what kind of
guardrails we can put in place prevent it in the future is vitally important. it is more about the institutions and less about clark. >> i want to get your take on what we're seeing in this fight, by former president trump to keep the documents away from the committee, not have the national archives release them. the judge ruled yesterday, interesting points. number one in noting that former president trump's attorneys basically wanted them to go through piece by piece document by document, the judge said that could take years. she also pushed back on some of the requests from the committee citing that some -- some of them were overly broad, and she said there has to be some limit. what is your take on that? >> well, i think it is sort of unfortunate that the judge would put herself in the position of second guessing the house committee. i tend to think that's a very
difficult judgment for a judge to make. i do think that by and large the judge telegraphed the fact that the view of the executive privilege claim was that it was very, very weak. and that's correct. most of what president trump was -- is trying to withhold from the committee is stuff that has never been withheld before. things like visitor logs, which are generally thought of as public records and call records and the president's daily log which reflects his movements and actions throughout the day. even it gets even weaker, of course, when that is made with respect to people like steve bannon, who weren't even employees of the federal government at the time of these events. bill clinton at his most extreme never made a claim like this and he's the -- he previously was the president who made the most extreme claims of executive privilege. >> we'll be waiting to see what happens with this ruling. great to have you with us this morning. thank you. >> thank you for having me. just a reminder, tonight
here on cnn, a new special report "trumping democracy: an american coup" begins at 9:00 eastern. why the investigation is still under way. still ahead, opening statements now in the trial of three men charged with killing a ahmaud arbery with a nearly all white jury. we're live outside the court there coming up. at capella university, we know the world is pretty smart. wicked smart. so we made flexpath smart enough that you can finish the bachelor's degree in business you've started in 18 months for $18,000. that's smart. capella university. don't just learn. learn smarter. as a dj, i know all about customization. that's why i love liberty mutual. they customize my car insurance, so i only pay for what i need. how about a throwback? you got it. ♪ liberty, liberty - liberty, liberty ♪ uh, i'll settle for something i can dance to. ♪ liberty, liberty, liberty, liberty ♪ ♪ ♪ only pay for what you need.
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♪ i see trees of green ♪ ♪ red roses too ♪ ♪ i see them bloom for me and you ♪ (music) ♪ so i think to myself ♪ ♪ oh what a wonderful world ♪ moments from now, opening statements will begin in the high profile trial of three men accused of murdering ahmaud arbery. arbery was shot in february of last year after a confrontation with two of the defendants, a
third defendant took video of those moments. >> ahmaud arbery was out jogging. the three white men charged in the death of the unarmed black men, in it, race a central factor in the case. the nation's attention on what has turned out to be a nearly all white jury. why is that? what is the potential impact? amara walker is live where this is taking place. the judge made rulings on what could be key pieces of evidence. could you explain what those are. >> reporter: the judge made this ruling and they represent a double blow to the defense. so basically this means that the jury will be allowed to see the image of that confederate flag on the vanity license plate mounted on the front of there was mcmichael's pickup truck, the truck he was driving the day that ahmaud arbery was shot and killed. what the jury will not be allowed to hear about, though, is the fact that ahmaud arbery was on probation the day that he was shot and killed and the
defense for much of the day yesterday had been arguing that that should be included, his probationary status, that could go into his mindset as to why he was running away from these three men as opposed to jogging as an avid jogger as contended by the prosecution. but let's dive deeper into this image of this confed erate flag on this license plate now going to be shown to the jury as part of the trial. the defense has been arguing that the image should be limited. their concern is that there was mc travis mcmichael may be depicted as racist and they say it is improper to comment on his character, but the state argued yesterday that this is evidence of motive, not of character. and it sounds like obviously the judge sided with the prosecution on this. so we know right now, i'm
watching the live feet d from inside the courtroom, the judge has been giving directions to the jury. and soon after that the opening statements will get under way. what we are expecting to see from the opening statements, from both the state and from the defense, they will both be using and showing these cell phone video that was taken by william "roddie" bryan, the other defendant in this murder case, that shows ahmaud arbery being chased down before he is shot and killed with that shotgun, allegedly, by travis mcmichael. jim and erica? >> we'll be watching for more on this throughout the day. amara walker, appreciate it, thank you. well, booming jobs report, two critical pieces of legislation that show signs of passing. so what could all of this mean for president biden's economic agenda? we'll ask the second of labor next. do that right now. high thryv! thryv? yep. i i'm the all-in-e management software built for small business. high thryv! help me with scheduling?
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florida governor ron desantis says his state be will join alabama and georgia in a lawsuit against the biden vaccine requirements. it's his latest attempt to undermine the administration's covid-19 requirements. two dozen states have said they'll sue the biden administration over its new rule. majority of those states are republican dominated. the biden administration is ordering private businesses with 100 or more employees along with certain health care workers and federal contractors to be fully vaccinated by january 4th, about to tw-thirds of all u.s. wo workers. joining me to talk about this and the jobs report, labor secretary marty walsh.
good to have you with us. very good news for the u.s. economy, 531,000 jobs added in october. the numbers for august and september both revised up. i know you want to keep that momentum going. part of that will include bringing more people back into the labor force, that labor participation rate. what are the plans to bring up that number, which has been fairly stacked? >> well, i think one of the things that's great today in this report, we saw gains across sectors. we talk about hospitality and restaurants and how the big gains were there. today we saw it in business, in construction, saw it in retail, saw it in hospitality, saw it in health care. that's a good sign. today was a good, solid report. it also shows that since the president has taken office 5.6 million jobs have been added. you started this conversation with the emergency temporary standard in some states around the country concerned about it. we have about 3.4 million people
we identified in this jobs report that are not entering back into the workforce because of the coronavirus. and what this would do, the emergency temporary standard would do, is hopefully bring confidence back into workplaces for people to come back into work so we'll get more people back into the workforce. that's one step that's important. another piece of the infrastructure bill being debated on capitol hill, those who bills will be important for job training and the economy and infrastructure. i feel we have signs that things are going in the right direction, but we still have work to do, no question. >> i'll touch on all those points. let's start with the vaccine requirement. on the timing, this being pushed to january 4th, was that over concerns about further supply chain issues or holiday staffing? >> no. it's just the way the process works. when the president announced in september that he was going to ask the department of labor to
come up with a standard, there's a process we have to go through, a timing issue of it, and that's the quickest we could get it out, probably one of the fastest we've ever done in getting it out. that's what that is about. nothing to do with supply chain or christmas or holidays. >> in terms of talking about the impact this could have on the labor force, you're saying there are millions of people worried about going back to work knowing that they're in a safe environment. that could encourage them to rejoin the workforce. we also have recent polling that finds 37% of unvaccinated workers say if they were required to get a vaccine or face weekly testing, 37% said they would leave their job. when you look at those numbers, there's a lot of focus on the trucking industry because of the supply chain issues. we know that specifically there's been a driver shortage among the trucking industry, and the truckload carriers association said this will be, quote, disastrous to keep the economy rolling, we need those
drivers. if there's a massive loss of drivers, who's going to drive those trucks? what's the plan within the labor department? >> to be honest, most truckers are independent. they're not come big the etf's. they're individual drivers. this would not have an impact at all. a lot of an issue that work outside, that wouldn't have an impact either. i hope the trucking industry goes back and looks at it, understands this is for companies with 100 or more employees. it doesn't cover independent contractors, which a lot of what we see is independent contractors as far as truckers in the shortages that we're facing. in the jobs report today i think 90% of the trucking industry, people working for companies are back. so the shortage is quite honestly in -- a lot of the shortage is in the independent side of it. so we have to work with them to make sure we get them back on the job and get them back driving. >> let >> let's talk about the two
bills you brought up. in terms of infrastructure, if this bill can get signed today, the administration has been touting the jobs this could bring. could you give us specifics when and where could we see those first new jobs? are we talking about monday? put that in perspective for folks. >> yeah, no. i appreciate that. i'd love it to be monday, but it would be -- let's assume the president gets the bill on his december income the next few days. when that bill gets signed, that bill and the money that's in the physical infrastructure will be given down through states and cities to be able to do projects, hopefully shovel-ready projects and move those physical infrastructure bills forward. then on the other side of it, the c.a.r.e.s. act economy, their investment in that economy, in job training, workforce development, so we won't see it i believe assistantly, won't see the impacts of those bill ls overnight but we'll see it into next year. >> when it comes to the social
safety net package, there's been so much made about child care and how making child care more accessible and affordable for families will hopefully get more parents, specifically more women, measure mothers, back into the workforce. there's also talk about how the hourly wages for child care workers need to increase. they are notoriously low. i'm curious. where is that funding going to come from? is it ultimately going to be passed onto the parents? >> no, actually, that's one area that i feel that when this bill passes in child care that the investments can be made. the infrastructure is there. the problem is many of these child care programs and facilities around the country quite honestly have taken one of the hardest hits during the pandemic. they have the physical infrastructure and the buildings. they need more staff. what this plan does is any family who earns $300,000 or less would only pay up to 7% for child care, which would free up a lot of families to get back into the job market, one.
two, we're raising the level of child care to high quality care, making investments, federal dollar investments in those facilities, and part of that is lifting up wages and training. >> part of that funding will come from the government. >> yeah, from the federal government. it will. that will help the salaries. when i talk to facilities, when they have great staff they love, they move into school districts and other places. it is about increasing the salaries for those teachers. >> thanks for joining us this morning. >> thank you. good friday morning to you. i'm erica hill in new york. lots to cover on the breaking news front on this friday morning including a lot of ac