the biden administration terminating all contracts for border wall construction despite the recent surge of migrants there saying the focus is on smarter security at the southern border. we're live right there at the border in la joya, texas, with more. hi, bill. >> good morning. we've known for quite some time the biden administration wasn't planning to finish this border wall project. now we want to show you what it physically looks like forto not build the border wall. look at this video. we were tipped off to this location. you are looking at one location where a bunch of steel that was supposed to go towards the border wall has been sitting in the open baking in the sun and rusting since january. there are 10,000 of these wall panels sitting here. each panel worth about $5,000. you can do the math upwards of $50 million just sitting there going to waste. keep in mind taxpayers have already paid for this.