tv Alex Witt Reports MSNBC October 23, 2021 11:00am-12:00pm PDT
done. steve bannon was intimately involved in efforts, along with john eastman and trump's first chief of staff, reince priebus, to figure out ways to reinstall trump in the white house, and somehow stop the certification or interfere with the certification at the joint session on january 6th. and he was in constant contact with the former president, and he was in constant contact with the campaign, and so he really is at the nexus of all of the spider web lines that are sent right to the middle and in the middle is steve bannon. >> hugh lowell of "the guardian," thank you so much. we'll be talking again soon. thank you. and on that note, a very good day to all of you from msnbc world headquarters in new york. welcome to alex witt reports. here's what's happening at 2:00 p.m. eastern. we begin with the breaking news in virginia. president obama will speak very
soon. this at a campaign rally for terry mcauliffe. it is a very tight race for governor there against republican glenn youngkin who's launching a bus tour across virginia at this hour. let's go to gary grumbach. >> reporter: hey there, alex, yeah, governor ralph northam is on stage now. when barack obama left office, he said he was not going to comment on every news story sh he was not going to endorse every campaign so the fact that he is going to be here today speaking in richmond with terry mcauliffe is sort of his vice president would say, a bfd, it's a big deal here. that's something the voters are really hearing and understanding as well because what happens in the state and the implications of this vote is going to have implications beyond just the borders of the commonwealth. here's what we heard about the importance of barack obama speaking at this event from voters this morning.
>> whenever i hear him speak, i get so inspired, right, and it's like he speaks to people's souls. he can see you. and he comes from humble beginnings, so i feel that's why he can relate to so many people, and so i'm hoping that obama can help ignite that spark, because i know that there are some people that are still on the fence, even when they align to democratic values and principles, they're still on the fence, unfortunately, and so i'm hoping that obama will help to catapult them into voting for mcauliffe. >> reporter: now, it is that personal connection that is really important to both barack obama, when he is finding political allies, but also to voters, that they can walk into the voting booth and no matter what's happening across the country, which does impact their opinions of which democrats they vote for, but they also find a connection with someone here. >> gary, thank you for that. lots of noise there behind you
but apparently the crowd's getting all revved up listening to the current governor, ralph northam. let us know when barack obama takes the stage. let's go to the new deadly details on the movie set shooting involving alec baldwin. we have some new video. this is of the bonanza creek ranch in santa fe, new mexico. production has ground to a halt on that film there. we're hearing for the first time as well from the director of the film, "rust," who himself was shot in the shoulder when baldwin fired that prop gun, killing the film's cinematographer. emily has more. what are you learning? >> reporter: well, alex, still a lot of unanswered questions, leaving the film industry reeling from when many are calling an unfathomable mistake with new details about the moments before this tragic and deadly accident. alec baldwin seen in anguish
after killing cinematographer halyna hutchins and injuring joel souza. another crew member grabbed a prop gun off of a cart, handed it to baldwin and yelled, cold gun, apparently unaware it was loaded with live rounds. hutchins took a lethal shot to the chest, while souza, who was standing behind her was wounded in the shoulder. souza speaking out for the first time today, writing, i am gutted by the loss of my friend and colleague, halyna. she was kind, vibrant, incredibly talented, fought for every inch and always pushed me to be better. nbc news also learning from a source familiar with the matter, the prop gun blamed for the deadly shot has misfired onset before, prompting some crew members to walk off the work site. "rust" movie productions writing they were not made aware of any complaints but added they will be conducting an internal review of their procedures. meanwhile, the famed "30 rock"
actor says he's cooperating with police and is in touch with hutchins' husband. tributes are pouring in for the 42-year-old. a new scholarship in her name will be focused on helping female cinematographers. >> a bit later on this hour, i'm going to speak with a hollywood prop master about the use of prop guns, talk about his experience using them and how this might change the entire industry that way. let's go to the other top stories we're following for you today, starting in washington, where democrats are inching closer to a deal on that multitrillion dollar spending bill. we now have a clearer picture of likely what is in and out of that final package as house majority whip steny hoyer is telling democrats to aim for votes next week but this morning a leading progressive in the house says they're not giving up the fight just yet. >> some of the things that you had on the chopping block, i don't think are actually gone. so, we're still working very hard to make sure that there is
some form of medicare expansion. tax increases for the wealthiest and biggest corporations to pay their fair share. that is still very much on the table, not, perhaps, in the way that we had originally envisioned, but very much on the table in terms of paying for all of this, and so i think, you know, i still feel very hopeful. >> we're going to have the latest from the white house in just a moment. but first, new developments in the legal battle against the near total abortion ban in texas. the supreme court deciding to leave the law in place for now, but will hear arguments on the case in november. plus new details on facebook under fire. thousands of pages of internal documents show the company knew the platform pushed users towards far-right conspiracies and outlines the role facebook played in fueling the insurrection on capitol hill, not acting forcefully enough against misinformation and the so-called stop the steal movement before january 6th. and new today, in the coronavirus pandemic, the u.s. is one step closer to getting vaccines in the arms of young children.
new data from the fda shows pfizer shot is safe and more than 90% effective for 5 to 11-year-olds with a vote on authorization just days away now. let's go to josh lederman in wilmington, delaware, covering the white house. josh, it would be huge for president biden if democrats pull off this part of his economic agenda this week. do you get the sense the house, the white house, rather, is looking and says, we can see the finish line? >> reporter: well, everyone is trying to stay very optimistic, but they also don't want to declare premature victory, alex, because this has been such a jigsaw puzzle to try to figure out what exactly can we agree on that is ambitious enough to satisfy the progressives but not too big to lose support from moderate democrats, particularly from those two senators that everybody's watching in the senate, joe manchin and kyrsten sinema. and until now, they haven't been able to find one piece of legislation that completely
satisfies everyone or else this deal would have been done a long time ago. and so that is really where they need to try to close this deal. the president, according to the white house, is spending the work weekend working the phones to try to get more progress on this. he met yesterday with nancy pelosi and then virtually had chuck schumer participate in that as well. as we speak, he's actually at his granddaughter's field hockey game here in the delaware area, but he has also been working on this throughout the week, and according to the white house, here's what jen psaki, the white house spokeswoman, said about how president biden is approaching his work on the last days of this deal. >> the president has rolled up his sleeves and he is deep in the details of spreadsheets and numbers and what the potential impact can be to help the american people. so, i think what you're seeing is that we're getting closer. we're into the nitty-gritty details. there is agreement about some fundamental investments in our society. >> reporter: a big part of
what's happening now, alex, is democrats trying to figure out, okay, if we can't get what we wanted in the way that we wanted it, is there some other way that we can get to essentially the same place? so, if we can't have the clean energy program that was initially envisioned, can we instead take that $150 billion and add it into clean energy tax incentives to get the climate change effects that we would want. if we can't get increase on the tax rates because of opposition from senator sinema, can we instead do a billionaire's tax that would still bring in revenue from the wealthiest in our society but wouldn't run into the same hurdles from those senators who are objecting to it. and congresswoman jayapal, who we heard from just a second ago, the head of the progressive caucus, she says, look, if it takes one more week to get a deal, it's worth it, alex. >> okay. certainly they're trying to look for all the options to push this through. can i just ask you about something, though, that made me chuckle? you mean the president of the united states is at his
granddaughter's field hockey game right now? i mean, what does that even look like? secret service swarms into the field hockey area, off the field? i mean, that's got to be amazing. >> reporter: yeah, i got to tell you, the travel pool, which is the group of white house reporters that travels with the president anywhere he goes, they were put on standby that he was going to be going somewhere, not exactly told where he was going to go and then the motorcade left his residence, it was going for close to an hour and people were saying, where he's going, it's not as close as some of his normal outings to church or whatnot and then suddenly they rolled up and it was this field hockey game so the president obviously cares very much about his family, taking part of this weekend to watch his granddaughter play that game. >> i got to say, i think there is bipartisan appreciation of that for joe biden. that's pretty cool, having gramps, the president, show up at your game. okay. thank you, josh. republicans in the senate blocked the voting rights bill. what's the next move now, and
how should dems channel their frustration? martin luther king iii is going to join me to share his thoughts. is going to join me to share his thoughts at t-mobile for business, unconventional thinking means we see things differently, so you can focus on what matters most. whether it's ensuring food arrives as fresh as when it departs... keeping crews connected as they help build communities... or providing patients the care they need, even at home. we are the leader in 5g and a partner who delivers exceptional customer support and facebook advertising, on us. network. support. value. no trade-offs. unconventional thinking, it's better for business.
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breaking news. there you see senator tim cain, of course, also former veep candidate in 2016. this is richmond, virginia. these duelling campaign events for the governor in that state, former president barack obama who will be campaigning with democratic candidate terry mcauliffe. they're speaking on the campus of virginia commonwealth university. also today, republican candidate glenn youngkin is launching a ten-day bus tour across virginia, leading right up to election day on november 2nd so once barack obama takes that podium, we'll take you there too. we have new signals from the white house that president biden will move to alter the filibuster to pass voting rights
legislation after he takes care of his economic agenda. so here's what he said thursday to mark the tenth anniversary of the mlk memorial in washington, d.c. >> look, this struggle is no longer just over who gets to vote or making it easier for eligible people to vote. it's about who gets to count the votes. whether they should count at all. jim crow in the 21st century is now a sinister combination of voter suppression and election subversion. >> joining me now, martin luther king iii, son of civil rights leader martin luther king jr. his family is involved in this freedom to vote rally. in fact, you're never not involved around issues around civil rights in this country but thank you so much for joining me, as you often do. does this signaling from president biden give you any comfort? >> i don't think we can ever be
comfortable until, actually, something is passed. so, the issue for us is we have to consistently, from a public perspective, create pressure, holding everyone accountable from the president and specifically the united states senate in this context. >> and you know, as you listen to the -- >> i will say, though -- >> go ahead. >> no, i was just going to say, i'm glad to hear the president say that. but you know, again, it all is about action at the end of the day. >> yeah. i think it's about not counting your chickens before they're hatched. how's that? i mean, that's something, really, you just want to see the legislation get through, so to that point, the president was outlining all of this, the fight for voting rights. it's become so much more complicated in the last few years. democrats are frustrated. here's congresswoman barbara lee on why a carveout is necessary. listen to this. >> some form of a waiver or some
form of a process that will allow at least the bills that are critical to our democracy and critical to our right to vote, critical to getting dark money out of politics, critical to making sure our election system is fair and the gerrymandering stops, i mean, we have got to do something. >> martin, you have the ear of policymakers. what are you asking them to do? >> well, i am just as congresswoman lee stated and so many others have, i just think it's unconscionable. when we saw just a couple of days ago, the united states senate not even allow a bill to be -- up to be debated. you can vote it up or down. my hope is that it's voted up, of course, but the fact of the matter is it's unconscionable that you would not allow the most fundamental right that all of us have, the right to vote, to be even debated for discussion is a sad, sad day in our nation. and so, i say the filibuster is also a relic. it should have been gone. it's been used always to keep
things from happening, not to move things forward. and so i ultimately hope that it is gone totally, but in this context, a carveout is where we can begin. >> so, if voting rights legislation does not come from congress, what, then, would the effort look like to try to fight back all of the roadblocks that republicans have now put up for voters in state laws around the country? >> i don't know the solution at this particular moment. i'm sure that there are experts. obviously, there are a lot of legal challenges that are going to be -- that are taking place that some of those have to run course. some of them have already been stopped. and you really can't -- i don't know what the answer is if the federal government has no intervention. that's why we have got to ensure that the federal government has the ability to look at all of these things that are happening, including the redrawing of lines so gerrymandering, whether it's on the democratic side or
republican side, cannot happen, so that a fair process is in place for all voters of our nation. >> yeah. and i know that you're in d.c. today, martin. this is for the freedom to vote relay -- i believe i said rally, but as we mark the tenth anniversary of the mlk memorial, do you think about how far this country still has to go to finish the work on voting rights? >> i think about how far we have to go every day. i think about the fact that my father and his team, john lewis and so many others, c.t. vivian, the list goes on, amelia boynton, all worked in 1965 to get the right to vote, and it was in place up until 2013 and when the supreme court chose to dismantle it. the voting rights act. that's why now we're almost starting from scratch and almost having to redo things over again. people that do not remember their history are, in fact, doomed to repeat the mistakes of the past. therefore, we have to constantly talk about the history and the fact of the matter is over 63%
of americans want to see voting rights expanded. >> all right. martin luther king iii, it's always a pleasure to talk with you, my friend. come see me again soon. appreciate you. >> thank you so much. democrats may be close to reaching an agreement on president biden's agenda. house majority whip steny hoyer has told lawmakers democratic leaders aim to hold votes next week on the reconciliation package and the bipartisan infrastructure package. and joining me now, a democratic member of the house energy and commerce and homeland security committees as well. congresswoman, welcome back to the broadcast. let's start with the negotiations under way for the democrats' reconciliation package. you have president biden, who's rejecting reports that his climate program has been dropped from the bill. first of all, how critical are these climate change investments as part of this overall build back better act? >> well, thanks for having me, alex. the investments are critical. we are in a climate crisis. i don't have to tell you that we're seeing wildfires, droughts, and hurricanes.
we're seeing mass migration patterns because of it as ale, so it's critically important, as you mentioned, this key program, the clean electricity program, i think it's going to be cut, it's even more critically important that we keep in all the other clean energy tax credits, investments to clean up ports and going zero emissions. if we don't act now, our planet is only going to warm, and things is are going to get worse. we cannot afford that, which is why it's so important right now that we stand firm and that we continue to fight to get as many client provisions as possible in this legislation. >> and how important is it that the president goes with some kind of a win, something to show for his efforts, putting his money where his mouth is or his actions where his mouth is on behalf of the united states. before he goes to this global summit on climate change. >> well, that's a great point. he has to have something when he
walks in to help our credibility and help the president be able to talk to other nations about what they're doing in their own countries. united states is a huge emission -- emitter of greenhouse gases, and we need to make sure that we're doing our part, and so it's critical that congress come together, that we put something strong and that we look at the rest of the provisions that are in reconciliation to be strong on climate. we have to get something, and then we have to build on that. and so, we can help the president, if congress can get this strong climate provisions in through reconciliation, but you know, it is heartbreaking to see that key provision sound like it's going to be off the table. >> yeah. >> that makes it even more critical. >> you know, and it extends beyond environmentalist concerns, as if that wasn't enough, because it is. but in fact, there are new reports from u.s. intelligence agencies, the white house, and the defense department, all painting a dire picture of the
mounting threat climate change poses to u.s. national security. this report details how rising temperatures, droughts, extreme weather all are likely to trigger instability and then conflict over dwindling water and food supplies, then perhaps a wave of migration. is this report another wake-up call for the world? i mean, what concerns you most about it? and it could be any and all. >> well, absolutely, it should concern us all. this is a national security issue. this is an intelligence community and the military community telling us to wake up. these are not environmentalists, and so we should take this seriously and we should do all we can because we need to prevent the next water war, food war, shortages, and that's what's happening when you see these droughts, when you're seeing across the globe so many being impacted. it's causing mass migration and again, you know, we're going to be fighting over resources and
mineral rights and we can't afford that on a military level and we can't afford that as a planet. >> and when you -- when you have this kind of thing out on capitol hill, i'm just going to ask you what you hear there. i mean, there ought to be bipartisan support because it's not like this kind of reality would affect either democrats or republicans exclusively. i mean, what do you hear on capitol hill? do you hear anybody still dismissing the evidence and the existence of climate change? >> unfortunately, we do, alex. and some of it is that -- >> come on. >> people don't believe that humans are the cause. and people will say, oh, just look, there's been weather patterns before. oh, well, this is normal. and that's a challenge. when you deny the science, and when you deny the data that's out there, it puts us where we are and we have climate deniers. but we can't give up. we cannot afford to give up. and we have to continue to fight to make sure that we get strong climate provisions in, because
if we don't, we're going to see more of what we're already seeing, and it's going to get worse, and the planet cannot afford for us to warm another degree. we're seeing what's already happened with the one degree, and so it's critically important. >> let me get one more question before i have to let you go. immigration. more than 1.7 million undocumented immigrants were apprehended at the southern border over this last year according to nbc news and that is the highest total in american history. you're chair of the subcommittee on border security facilitation and operations. what do you think is behind these historic numbers and is the biden administration handling the situation properly? is there anything more that you need and want to see from them? >> well, the first thing i'll say is one in three of people that are encountered at the border are those that are coming back because what's happened is they're being deported under title 42 and they're coming back, so the 1.7 number is just encounters.
it's not 1.7 million different people. second of all, we still don't have -- we don't have a system in place. we have immigration laws, unfortunately, but they're not being followed, so what's happening is people are coming, they cannot apply for asylum like they generally would so now they're having to come in through crossings across the rio grande and different places and so that's part of the problem. we really need to invest in judges and making sure that we restart immigration process so people can apply for asylum. but look, why are they coming? they're coming because of the pandemic. they're coming because of natural disasters that are happening. and now compound climate change on that. we're going to have to start thinking about allowing migrants to come because of climate change that's happening and ravaging these other countries. so, we need to all come together on the climate crisis because we'll see more of this and mass migration. >> okay, california congresswoman nannette barragan,
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let's go now to florida. a new video today on brian laundrie's father putting up "no trespassing" signs in his yard amid the new developments after the discovery of his son, brian's remains. >> sorry for your loss. >> thank you. >> well, the family attorney says medical examiners were not able to determine laundrie's cause of death. his remains will now be sent to an anthropologist. let's go to stephanie stanton in north port, florida for us. that's quite remarkable. i mean, i think it's a rare day that we're not able to figure out how somebody or why somebody died, so what does this anthropologist look for? >> reporter: yeah, good afternoon to you, alex.
well, it is going to be a very difficult job from what we understand. the anthropologist's job is to pinpoint the exact cause of death but because these remains were so deteriorated, they were skeletal in a sense, it makes the anthropologist's job very difficult. >> think about florida and the heat. the fact that he was in a swamp and the, you know, and that water is just sweltering. and then you're going to put that on top of the animals that are going to have access to his body and pick at it and remove -- actually remove bones and flesh. so if you think about it, it might be very difficult to determine that unless there's a gunshot wound or poison. >> reporter: and meanwhile, back here at the house, it has been a very busy morning. we have seen several deliveries made to the laundrie home, including a bouquet of flowers. we saw a u.p.s. driver drop off a package. we also, as you saw there, saw
chris laundrie, the father, putting up those "no trespassing" signs in the front yard. we saw him also come out, check the mail and get a food delivery, so a lot of activity here. of course the family, still not talking to the media, still not saying anything, and that, of course, is on the advice of their lawyer, according to the lawyer, but as for the investigation, it is still ongoing, and at this point, we are waiting for an official cause of death for brian laundrie, if, in fact, that ever happens and as we now know, alex, brian laundrie has been named a person of interest in the death of gabby petito, so that is new, but still, authorities falling short of calling him a suspect. >> i got to tell you, it is a tragedy any way you look at it. okay, stephanie stanton, thank you so much. more details now on the fatal shooting on a movie set near santa fe, new mexico. that is where a cinematographer was killed and a director wounded after the firing of a
prop gun by actor alec baldwin. joining me now is lugs charles, a prop master from new york city. he has worked on fbi's most wanted and "jigsaw." lucien, i'm glad to have you here. how familiar are you with prop guns and where do filmmakers get them? how careful do you have to be? training? all of that. talk about it. >> i'm happy to be here. sad to talk about it. well, i work out of new york so we definitely use a vendor, a weapons specialist and they give gun training to the actors as well as crew members, how to properly use a gun and safety onset. it's just about you don't want everybody to be safe, not just the actors, you want yo you are crew mates and everybody to be safe from everything. and just for -- >> so, lucien, with regard to guns, i mean, i've heard it said
just in the research over the last couple days in the wake of this accident, you're never supposed to fire a gun directly at an individual. that's safety number one. >> that's correct. >> but there also has to be, though, a sense of proximity to the gun area, right? it's -- i mean, you can be killed even by a blank, apparently, if you're too close? >> yeah, depending on the load or the -- the load and the blanks. definitely hurt you. the spark. yeah. definitely, you want to be at least six feet away. >> okay. so, first of all, is there ever any reason to have live ammunition on a set? would there be any reason to have a bullet? again, we don't know that this indeed was a bullet. it may have been a blank, and to your point, that can injure somebody seriously, potentially fatally, i'm presuming. live ammunition, is that ever on a movie set? >> never. never.
never should be on a movie set. and as well as a real gun should never be on a movie set. it should be a modified gun that shoots blanks and also that should be a plug in front of the gun and proper handling, you'd show the actors that you put the flashlight in front of the gun and there's no light going in so there's no way a projectile could come out so if the actor was properly shown the weapon, then they'll know not to use it or to use it. >> okay. you did this essay with "business insider," and you mentioned you've never been afraid to do your job. so, how do you manage guns when you're on the set? how many people have access to the guns when they're onset? >> not too many people. it's just me or the armorer and we show the assistant director the gun, and we show the actors the gun, and then the crew members that are interested to see the gun, mostly the camera people will come and look at the
gun, being checked beforehand, anything to an actor so it's like double, triple checking. >> okay, so, with regard to any sort of investigation, there's only going to be a few people who handled that gun. that would be your understanding, if safety protocols were followed to the tee? >> well, also, yeah. yes. correct. just, whoever's handed alec baldwin the gun is going to start there and it's going to work its way back to the -- and that's pretty much it. >> and speaking of alec baldwin, according to the report so far, when he fired the prop gun, the cinematographer, who tragically died, was struck in the chest. the director, standing behind her, was struck in the shoulder. does that reveal anything to you about what happened? >> sounds like it was a real gun onset. i mean, looks like it wasn't properly checked. that's just my opinion. but i wasn't there. i can't really say. >> okay, look, and i know you weren't there. >> with a prop gun, there's a plug in the front. >> so, okay.
i'm sorry. i interrupted you. go ahead. >> the plug on the front of the gun. there's a plug on the front of the gun that will not let no projectile out, but it will only let out a flair. flare. so i don't know how far she was standing from him or if it was a real gun, but you know, i'm sure they'll investigate and find out. >> for sure. this affidavit for a search warrant, it lists, to your point, the prop gun, the shell casings, even the costume worn by alec baldwin at the time, also potentially recordings. i mean, this is a film shoot, right? what is the likelihood the shooting would have been recorded, given that people who were shot -- i mean, you got the cinematographer and the director. we don't see them so they're not going to be on camera theoretically, right? they'd be off camera. >> yeah. well, it all depends on the situation, if they were rehearsing, if they were rolling the camera. i'm sure they'll get more information after the investigation. >> yeah. what's the biggest question you
have right now about this whole thing? >> what happened? you know, who -- why wasn't the gun checked? why did alec baldwin not check the gun before he took it? why didn't he check the bullets and, you know, just a lot of questions. i'm sure they'll figure it out with the investigation. >> when someone says "cold gun," what exactly does that mean? >> there's no bullets in the gun. >> okay. and before saying that -- >> if it's a hot gun, it has -- >> you're going to check that, right, before you have a -- okay. but if there are three guns, as was the case in this, we do know that, in fact, there were three guns on some sort of a cart that was outside of the small church in which they were doing the filming and that's where that was being stored. if there are three guns out there, i mean, you got to check them all. there's no way you cannot go through all of them, right?
>> first of all, i would not have three guns sitting on a cart, they'll be with me in my bag, secured, and nobody will be able to come up and look at it. i would be the one presenting it to the assistant director, the actor, any crew member that's interested in seeing it. i would never have something sitting on a cart, open, that people could see. >> okay. point well taken on that one, lucien charles, again, prop master from new york city. thanks for going through all this as we try to figure out what in the world happened. so, we are waiting for former president barack obama to speak. once he starts speaking, we're going to bring that to you live but that is the candidate for whom he was speaking, that is terry mcauliffe, running for governor in a very tight race in virginia. we'll take a short break. we'll be right back. inia we'll take a short break we'll be right back.
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[ screaming ] michael myers has haunted this town for forty years. [ chanting ] evil dies tonight! tonight we hunt him down. [ chanting ] evil dies tonight! he's coming for me... -run. and i'm coming for him. new concern over a global chip shortage used to power everything, and i mean everything, computers, cars, phones, and way beyond. this issue has led to massive production slowdowns and price increases that you are going to start to feel. let's go to nbc's scott cohn outside of the world's largest chip manufacturer in santa clara, california, and the last time we talked, you were mentioning even in the studio where i'm broadcasting from, there's hundreds of chips so i was looking around. these microchips, they're everywhere. how will this shortage start affecting different industries? >> reporter: well, we're already
starting to see it, alex. you're right, they're everywhere. this week, philip morris said it may see a reduced sales of vape pens because they can't meet the demand for chips in those devices. intel makes its bread and butter, really, is in selling computers. they said this week that they're having trouble with the -- with computer supplies, not because of necessarily the chips in the computers but in the components getting manufactured because of all of the shipping delays. if you take a look at the demand for these things, worldwide, it is soaring to record levels. in the month of august alone, according to the semiconductor industry association, a 30% jump from a year ago to $47.2 billion and nowhere does this come into play more than in manufacturing a car. >> even cars, like, it -- you got a thousand different -- if you can't get like a 50-cent
8-bit microcontroller that controls your seat motor, you may not ship your $50,000 automobile because you can't get your 50-cent part. that's what we're talking about. they're ubiquitous and that's only getting more. it's not like society's going to be using less semiconductors. it's getting more, not less. but they're in everything. >> reporter: he said that it is increasing its investment in expanding manufacturing capacity to upwards of $28 billion. that is doubling. and even with that, we're looking at a big decline in u.s. market share in the chip industry from 37% of the market back in 1990 to an estimated 10% by the end of this decade. that means we're importing more of these chips from places like taiwan, dealing with all of these shipping delays. that's all expensive, and as we keep saying, that could well lead to higher prices. >> indeed. okay, scott cohn, thank you for the heads-up on that all. so, get excited, everyone,
former president barack obama is expected to speak at this campaign rally for this guy, terry mcauliffe, running for governor of virginia. it will happen any moment, and we will bring you his remarks live once he takes to that podium. stay with us. stay with us liberty mutual. 's whye 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. ♪ liberty, liberty, liberty, liberty ♪ - i'm norm. - i'm szasz. [norm] and we live in columbia, missouri. we do consulting, but we also write. [szasz] we take care of ourselves constantly; it's important. we walk three to five times a week, a couple miles at a time. - we've both been taking prevagen for a little
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in just a matter of months, a major pandemic safety net will be over, that being the two-yearlong pause on student lone payments for the roughly 43 million americans who collectively owe the federal government more than $1.5 trillion. new reporting from politico says the biden administration is quietly planning how to restart those payments come february. and joining me now, the reporter who wrote that story, michael stratford, education reporter for politico. there are a lot of americans panicking over the restart of these loan payments. tell us what you learned in your reporting and what the education department is hoping to do to
try to ease borrowers back in and is february hard and fast, the timeline when it would start? >> sure, so, as you pointed out, more than 40 million americans have been benefitting from the federal government's pandemic relief for student loans, basically federal student loan payments have been paused and have had their interest rates set to zero since march 2020. the trump administration extended that a few times. so did the biden administration, though they insist that their latest extension, which goes into early next year, if the final one, it's the last one, and payments are going to start next year on february 1st. what we learned this week and have reported is that the biden administration is trying to come up with a plan to sort of ease those tens of millions of student loan borrowers back into repayment for the first time in a little under two years. they are looking at having some
type of grace period so that borrowers who miss a payment during the first few months of repayment don't get dinged on their credit reports. they're looking at ways to make it easier for borrowers to enroll in and stay enrolled in income-based repayment programs that keep their payments affordable. they're trying to do some target outreach campaigns to particularly at-risk borrowers and they're also looking at a broader strategy of erasing millions of defaults from borrowers who fell behind before the pandemic trying to give them a fresh start as payments begin. >> look, this is something we have not seen before. real quickly, democrats pressuring the president to some kind of executive action to try to cancel the student loan debt. i mean, progressives, they want biden to forgive up to $50,000 in student debt ber porrer but
i'm going to apologize to you right now, michael. we have president barack obama. let's take a listen to him, everybody, in richmond, virginia, and there he is campaigning for terry mcauliffe. >> it is good to see y'all on this beautiful day. i am so grateful to the young democrats at vcu for hosting us today. it's good to see some young idealism at work. young activists getting out and doing the work. i could not be prouder of you. it's thanks to extraordinary young people like you that i was able to get elected to the u.s. senate. you helped deliver virginia twice for me. i'll always love you for it. you delivered for terry mcauliffe, and now i'm asking you to do it one more time. by electing terry, the next governor of the commonwealth of virginia.
in fact, i love you too. i do. over the years, actually, you guys have come through for a lot of great leaders, many of whom are here today. your outstanding governor, ralph northam. your next lieutenant governor, hala. your current and future attorney general, mark herring. my dear friend, first person outside of illinois to endorse me for president of the united states, your great senator tim kane. congressman donald mckeechan is
here. speaker of the virginia house of delegates, eileen. the great mayor of richmond, levar stoney. these are leaders that you have come through for multiple times. and in ten days, you've got a chance to do it again. you've got a chance to elect terry and hala and mark and to keep virginia moving forward. and before we start anything else, i want to remind you, and everybody who's watching, you don't have to wait until november 2nd to cast your ballot. >> that's right. >> you can vote early. right now. either by mail or in-person. if you don't -- don't be lollygagging. don't be sitting on the couch, saying, yeah, i'll get to it
later. you can vote early right now. if you've got a ballot at home, you can return it by mail. or you can hand it in at your local registrar's office or you can take it to a dropoff location today. don't leave it on your desk. if you're like me, your desk is cluttered, you end up spilling stuff. you're all, like, oh, man, i got to start all over again, get another ballot. do it now. you'll feel good. you'll feel good about exercising the franchise. or you can vote early in-person today. just go to iwillvote.com/va. make your plans. millions of virginians voted early last year. let's do it again this year. don't wait. you agree, don't you? yes, you do. all right.
now that we've got that very important piece of business out of the way, let me tell you a little bit about terry. and why i know he will be a fantastic governor again. first thing to know about terry is, as you just witnessed, he's very persuasive. let me tell you, if i told michelle i wanted to run for the same office after a few years away, she would have said something i cannot repeat. the rough translation would have been, no. now, i don't know the conversation that terry had with dorothy. but dorothy, thank you. because i could not be happier that terry's back on the ticket. he's persuasive. and the reason i couldn't be happier is because i know he will make you proud as governor because he's already done it.
he did it the last time. you know, there are times where you don't know. let's face it, when you elected barack obama, you were like, i don't know. i mean, that -- the kid -- look. you know, maybe you knew, but i have to say, i look at those -- i look at some of that old footage and i'm like, man, he looks really young. i can't believe they trusted him to do all that stuff. he looks like he's 25 years old. that was before the gray hair. some of you who are very young don't remember, but i used to have black hair. but with terry, you know. he's done it. and you know this about terry. he knows how to work hard. this guy is the energizer bunny. he does not sleep. he does not stop. he started his own business at the age of 14. paving driveways to help pay for college.