State history. Kathy hochul will succeed Andrew Cuomo, who was brought down by a Sexual Harassment scandal, resigning in disgrace. Lets begin with the Coronavirus Health Crisis and specifically its worsening impact on the young. Amara walker is in fort lauderdale. There is a Brewing Battle between Floridas Governor and the School System in Broward County where you are. Tell us about that. Reporter the battle is over whether or not schools should be requiring masks regardless of vaccination status. Right now theres a total of three School Districts in florida that are defying the governors Executive Order that prohibits mask mandates. Broward county, Leon And Alachua counties. The State Education Commissioner sent a letter to all of these districts to tell them they are being investigated for N Noncompliance and their salaries could be withheld as potential punishment. This Mask Fight happening amidst this backdrop of a dramatic surge in covid19 cases here in the state of florida. Governor Ron Desanesantis Sayin is unaware that 200 ventilators were sent earlier this week to the state according to a Health Administration official. Hes also saying this morning that this Delta Variant is having a small impact on children. Take a listen. Some people, yeah, you hear a lot of stuff. Does delta behave differently visavis kids than the previous iterations which fortunately have a very minor impact, particularly on young kids. The answer is we have not seen any change in that in florida. Clearly were at the top of a Waiv Wave here so youre going to see more cases. Reporter here is the data from the Health And Human Services department. Pediatric hospitalizations for covid19 in the state of florida is more than four times higher than it was a month ago. Were hearing a lot from hospitals in the state saying that they are feeling overwhelmed. In fact, florida right now has one of the highest hospitalization rates in the country. One of the highest case counts. Thank you. Nick, you are there in New Orleans at Childrens Hospital in New Orleans. What are you seeing there . Reporter hospitals here are overwhelmed. Much of that has to do with the emergence of the Delta Variant. Front line workers tell me they are seeing children get more sick, being hit harder because of the Delta Variant. We got a chance to see how devastating of a situation theyre dealing with here and from. Given exclusive access into the Pediatric Ward at Childrens Hospital in New Orleans. We saw babies, some of them just a few weeks old, struggling to take a breath. These are children, some of them who had underlying conditions. All of them were unvaccinated and particularly vulnerable to covid19. Inside we met the parents of Nelson Alexis who told me they are unvaccinated, but after seeing their Child Fight for his life, theyre rethinking that decision. I would heed everyone to take precautions because it is serious. It is serious and No One wants to sit up here and watch their Child Fight for their life. Reporter here are the numbers. Louisiana in the last three days has had a reported 16,000 covid19 cases. Of those, 18 are children. Overall 1500 children are sick here under the age of 5 with covid19. Just to give persp perspective, as of today the icu is full. Every room we walked past was at capacity. Just a month ago they only had one case of covid in the pediatric icu. The partisan division of this pandemic is creating some parental divides as well. Lets take a closer look at some new polling on this. Im learning in places like florida and New Orleans, my old Home Area of louisiana, people are just digging in despite those numbers. Look at this from the kaiser family foundation. How many people have vaccinated their children . 41 compared to junes 34 . The same poll found that 1 in 5 of the people of kids over 12 who could be vaccinated are saying no way, no time, never going to do it. If you look at the question of schools out there reopening and all the worry. Should schools require a Covid Vaccine . Yes, 42 of the people polled. No, 58 . This is absolutely driven by political divides, but repuby republicans who dont want this. A lot of them are less educated. People have these fears that somehow their children will be vulnerable to something terrible. One of the things you hear people saying it will affect their fertility going forward. The cdc says zero evidence of that, but people believe it. Should schools require the unvaccinated to wear masks . 63 of the people polled said yes. 36 say no, again,heavily republican, people who just philosophically hate this whole idea. Most people say, yeah, put masks on kids, make it safer. Politically look at the map. These are states that have already decided they want to block anything, vaccine, masks, anything. This is a significant problem because the virus will not stop at the borders. That is all a very important part of this broader story of the pandemic. Tom foreman, thank you. To discuss dr. Leana wen, cnn medical analyst and former city of baltimore health commissioner. I want to get your reaction to the number of parents who say they will definitely not vaccinate their children who are currently eleligible. Its 1 in 5, 20 . Its a lot and disappointing, but at the same time not surprising. A lot of adults are saying no way, im not going to get vaccinated myself. Those are the same people that are saying theres no way i want my children to be vaccinated. Of course this is extremely frustrating because we need to see the Covid Vaccine as we do other childhood immunimmunizati. Its time to start seeing coronavirus out of this political light and as the Pandemic And Life threatening disease that it is. We have heard this argument now from some of the unvaccinated, that those who are vaccinated are still getting covid, so what point is getting the shot . What do you tell those people . I would say you dont stop wearing a Seat Belt just because you could still be in a car accident. The problem is reckless drivers. I would also use the example of other illnesses too. For example, if somebody is taking medications for high Blood Pressure just because they might still have some degree of high Blood Pressure, it doesnt mean that Medication Isnt working. I would also point to the numbers. Being vaccinated reduces your chance of having a severe illness by 25 times, it reduces spread by eight times. To protect the economy, we know, as well, the vaccine is our greatest weapon against covid19. Corporate america is starting to issue Vaccine Mandates, United Airlines among them. Other major airlines did not follow suit, saying they will not require unvaccinated workers get the shot. Is it a problem if they arent all on the same page . I think at some point consumers are going to have to make our wishes known as well. I would certainly feel a lot more comfortable getting on a plane where i know all the Flight Attendants are vaccinated or that everyone is vaccinated or at least had to show proof of a negative test. Were fwoe is it fair to workers . What about the safety of families and their customers . I think the tide is beginning to turn, but i hope we can do a lot more in order to compel workplaces to do the right thing for customers and workers. Just this Afternoon Amtrak also announced it will require vaccines for its employees. Now covid misinformation has been a huge problem. Social media has been a big part of that. Republican Senator Rand Paul was suspended by youtube for a week after his bs claim that Cloth Masks dont work. He eaven encouraged people to disregard indoor marsking. Do you think Social Media sites are doing enough to stop the spread of dangerous misinformation . No, i dont. But i also think all of us can be doing a lot more. Whenever we hear colleagues or friends or other people spread misinformation, we also have an obligation to correct them gently, to approach them with Compassion And Empathy but also to speak the truth. In this case about masking, its really important for us to emphasize that masking does work, that quality of masks also matters. At this point we should be wearing not a Cloth Mask but at least a 3ply surgical mask. Vaccines also are extremely effective. Theyre very safe. Vaccines in the longterm and masks until we could get more people vaccinated, thats how were going to get out of this current surge. Always nice to talk with you. Really appreciate you taking the time with me today. Thank you. The markets are now in Record Territory after the senate passed that Infrastructure Bill and the first hurdle on a massive 3. 5 trillion Budget Resolution. President Biden Set to address all of this moments from now. Plus, what we are learning about new York Governor Andrew Cuomos final days as he steps down in the wake of a flurry of Sexual Harassment allegations. At philadelphia, we know what makes the perfect schmear of cream cheese. You need only the freshest milk and cream. That one and the worlds best, and possibly only, schmelier. Philadelphia. Schmear perfection. One, two one, two, three only pay for what you need with customized Car Insurance from Liberty Mutual nothing rhymes with Liberty Mutual. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Aloha isnt this a cozy little room . Sorry your Vacation Request took so long to get approved, so you missed out on the suite special. But lucky for you, they had this. When employees are forced to wait for Vacation Request approvals,it can really cramp their style. Im gonna leave you to it. Um, just with paycom, employees enter and manage their own Hr Data in a single, easytouse software. Visit paycom. Com and schedule a demo today. Ive got big news now, Nurtec Odt is the first and only medication proven to treat and prevent migraines. Dont take if allergic to nurtec. The most common Side Effects were nausea, stomach pain, and indigestion. Ask your doctor about Nurtec Today its Grilled Cheese time. Yeah, its time for Grilled Cheese. After we make Grilled Cheese, then were eating Grilled Cheese. Because its time. Yeah. Time for Grilled Cheese. Woo you are busy. Working, parenting, problem solving. At new Chapter Vitamins weve been busy too. Innovating, sourcing organic ingredients, testing them and fermenting. Fermenting . Yeah like kombucha or yogurt. And we formulate everything so your body can really truly absorb the natural goodness. Thats what we do, so you can do you. New chapter wellness, well done. Were standing by to hear from President Biden any moment now on his jobs and infrastructure agenda, what he calls his plan to build back better. Both the 1. 2 trillion bipartisan Infrastructure Bill and the democrats 3. 5 trillion plan have new momentum after key votes in the senate. Majority Leader Chuck Schumer said today this Twotrack Strategy is right on track. But the constant thorn in the side of progressives, democratic senator Joe Manchin is raising, quote, serious concerns about the more sweeping package, arguing in part it is simply irresponsible, he says, to continue spending at levels more suited to respond to a great depression or great recession, not an economy that is on the verge of overheating. Here too walk us through what happens now is Manu Raju and Kate Lalyn colins. How do we expect the president will tout the bipartisan victory and make the case that the entirety of his agenda is needed . Reporter i think what were going to be hearing is they are working on shepherding this through the senate now and the house, which of course we know House Speaker Er Pelosi Has Sa they will not bring for a vote until they get that much bigger package as well. What youre going to hear from pr President Biden is not only touting that but hes also going to talk about what s to come. They are well aware of that especially when it comes to moderate democrats like senator Joe Manchin who is expressing concern about the size of this package. That is going to be something the White House is dealing with going forward. Part of what President Biden is dwoeng to say soon is essentially why they feel like they still need to get both parts of this together, not just the bipartisan part, because he wants both to achieve his legislative goals. Man knmanu, what did he tell . Reporter he made clear he believes ultimately the party will unite even though there is a significant divide between republicans and democrats over the Price Tag. Sir Senator Sinema said she could not support 3. 5 trillion. Joe manchin made clear he has serious concerns about this as well. I asked schumer directly whether or not he would agree to lower the Price Tag or whether Hes Firm on that number and he sidestepped the question. Are you open to lowering the Price Tag or are you firm on 3. 5 trillion . As i said, every part of Bidens Proposal will be there in a big robust way. There are some members in our caucus who want less, some who want more, same in the house. Were all going to come together to meet that goal. Reporter how they all come together, of course, remains to be seen. Schumer acknowledging how defect difficult of a road it will be. The committee will begin to draft the legislation to meet the goals of this massive proposal. Of course they need to have all 50 democrats in line. They dont have that yet in the senate side. Then they need to get it also through the house. Pelosi is demanding that the Senate Act before they move on that bipartisan infrastructure deal. A lot of hoops to jump through. C both packages would be transformative if signed into law, Homework Investments in family, climate, Health Care and jobs according to the White House. When you look at the latest economic picture, you have jobs going up but you also have inflation going up. Reporter they repeatedly said this is something they are keeping an Eye On, but they have pointed to comments by people like Jerome Powell saying they believe this could be temporary. This is something that does threaten the president s agenda because it is something youve seen republicans use time and time again to get at his agenda. Yes, you had 19 republicans who voted for this bipartisan deal yesterday, but that is where the bipartisanship has stopped. So that is going to be the question going forward, how they not only keep democrats in line but also push back on repub republicans and what theyre saying about inflation and whether or not the economy is overheating. We should note when it comes to Senator Schumer not answering about whether or not he is firm on that 3. 5 trillion Price Tag, Press Secretary Jen Psaki did just tell us that is something President Biden is comfortable with. Whether or not it changes given the fact they have to have every single democrat on board remains to be scene. There was a voteorama last night. Tommy Tubber Vil put forward an amendment about defunding the police. Heres Senator Cory bookers response. This is a gift. If it wasnt condimplete abdican of senate procedures, i would walk over there and hug my colleague from alabama. Thank god, because some people want to defund the police, to my horror. Now this senator has given us The Gift once and for all that we can put to bed these scurrilous accusations that somebody in this esteemed body would want to defund the police. Lets put to rest the lies. I want to know what he was drinking, how much coffee had had had to have that kind of energy when this was going on. Reporter the democrats supported it. As you heard cory booker, he said he viewed it as a gift because they can push back on the narrative they are seeking to defund the police. That was a part of this 14hour Process on the Floor Cin which senators can offer any amendment they want. Often these political ame amendments. Democrats sought to turn that attack on its head and say they are on the same page. Im sure theyre thinking now this puts an end to that debate. Well see. In texas, dozens of democratic state lawmakers could be arrested and brought back to the House Chamber by force after the republican House Speaker issued civil Arrest Warrants for 52 who wont come back to the capitol. Lawmakers fled the state last month to block the passage of restrictive voting bills. Governor Greg Abbott called a second session to get the bills through, but they still dont have a quorum because many of those democrats still wont take part in the proceedings, but now they could be arrested because of it. Weve seen Companies Hike wages to lure workers but inflation is wiping out those numbers. In just minutes Lieutenant Governor Kathy Hochul will hold her first news conference. Get ready. Its time for the Savings Event of the year. The Homeandautobundle Xtravafestasaveathon at this Homeandautobundle Xtravafestasaveathon, theres no telling what we might bundle Homeandautobundle Xtravafestasaveathon bundle cars, trucks, colonials, bungalows, and that Weird Hut your uncle lives in. So strike up the Homeandautobundle Xtravafestasaveathon band for the deal that started forever ago and will probably never end. Homeandautobundle xtravafestasaveathon. Say it with me. Homeandautobundle No Ones leaving till you say it right. Homeandauto. The personal loan from sofi helped me consolidate my Credit Card Debt into one simple monthly payment. Debt free thanks to sofi. To make my vision a reality. I have to take every perspective, and see clearly from every point of view. With my varilux Progressive Lenses i seamlessly transition from near to far. And see every detail in sharp focus. When you see no limits, there are no limits. Book now at your local essilor experts to push the limits of your vision. Varilux lenses by essilor. And there you have it woah. Wireless on the most reliable network nationwide. Wow. Big deal . We get unlimited for just 30 bucks. Sweet, i get that too and mine has 5g included. Thats cool, but ours save us serious clamaroonies. Relax people, my wireless is crushing it. Thats because you all have Xfinity Mobile with your internet. Its wireless so good, it keeps one upping itself. Moments from now New Yorks incoming governor Kathy Hochul is set to speak Plupublicly Fore First Time since Andrew Cuomo announced his resignation. She is already putting together a political team, indicating she plans to run for a full term next year. What are you expecting to hear from Hochul Today . You know, were not quite sure what to expect, quite frankly. This was kind of thrust upon her yesterday. Were expecting to hear from her in a half hour. Shes expected to address New Yorkers, but shes also going to take questions from the press. We expect to hear whether she intends to meanaintain some of Andrew Cuomos staff members. We expect she will bring in some of her own folks. Shes already putting together a team. Youve covered Governor Cuomo extensively. Do you think Lieutenant Governor Hochul will be a good replacement . She does have a lot of experience. Shes been the Lieutenant Governor for about six years. Before that she was a congresswoman representing a conservative district in New York and she was a County Clerk before that, so she hassing decades of experience. When Elliot Spitzer resigned in 2008, Governor Patterson came in and he himself would probably say he wasnt terribly well prepared for the job. He used to say his job as Lieutenant Governor was to call Elliot Spitzer in the morning and if he heard his voice, he could go back to bed. Kathy hochul says shes prepared to be governor. Shes always sort of maintained separation from cuomo. What do you see as her biggest challenges . The Number One challenge shes got to face is covid19. The Delta Variant is increasing in new York State and around the country. Theres been criticism of Andrew Cuomo that he hasnt really taken the bull by the horns. The State Department of health has not issued reopening guidance for schools. Hes decleined to institute any sort of mask mandate. Governor cuomo is still the subject of several investigations. Those dont seem to be going away even after he reseigns. Whats your latest reporting on where these investigations stand . There are a handful or more of investigations on going. The biggest one the is the assembly impeachment inquiry. Members are going to have to face the question whether they should continue with impeachment of Andrew Cuomo, which could prevent him from running in the future. Thats a big decision they have to make. Federal prosecutors in brooklyn are looking at covid19 in Nursing Homes and whether the Cuomo Administration purposely withheld certain data regarding the Death Toll in Nursing Homes. And Leticia James is still investigating whether the governor used State Resources on his 5. 1 million book deal. Thats to say nothing about the criminal charges that could come from the sexual Harassment Conduct that was detailed in Leticia Jamess original report. Stay tuned. John campbell, thank you for the update. Well be in touch in the coming weeks. The economy is reopening anand you are paying. The latest numbers prove prices are going up on just about everything right now. M m what are products are we seeing inflation take the biggest toll . Reporter womens dresses up about 19 in price over the lass apples and milk up 6 , fresh fruit up more than 8 , meat up nearly 11 . We talked to one Food Distributor who said hes seen incredible Price Increases. Instead of a normal 2 to 3 increase, it could be a 10, 20 or 15 increase. Ive been doing this 35 years. Im scared to the point of are they going to stop buying the product. We have to eat. What can i say . A lot of teams i have to g compromise. Reporter of course companies are paying workers more these days. Unfortunately those fatter paychecks are not going as far because of inflation. In fact, compensation is now less than it was in December Of 2019 adjusted for inflation according to Harvard University. Teachers and students caught in the middle as schools and state Lawmakers Battle over masks and Vaccine Mandates. Were going to talk to the head of one teachers union. Abetes, s important to have confidence in the nutritional drink you choose. Try boost glucose control. Its clinically shown to help manage Blood Sugar levels and contains high Quality Protein to help manage Hunger And Support muscle health. Try boost today. Do you struggle with occasional nerve aches, Weakness Or Discomfort in your hands or feet . Introducing nervive Nerve Relief from the Worlds Number 1 Selling Nerve Care company. As we age, natural changes to our nerves occur which can lead to occasional discomfort. Nervive contains B Complex Vitamins that nourish nerves, build Nerve Insulation and enhance nerve communication. And, alphalipoic acid, which relieves occasional nerve aches, weakness and discomfort. Live your life with less Nerve Discomfort with nervive Nerve Relief. Look, this isnt my first rodeo and let me tell you something, i wouldnt be here if i thought Reverse Mortgages took advantage of any american senior, or worse, that it was some way to take your home. Its just a loan designed for older homeowners, and, its helped over A Million americans. A reverse Mortgage Loan Isnt some kind of trick to take your home. Its a loan, like any other. Big difference is how you pay it back. Find out how Reverse Mortgages really work with aags free, noobligation Reverse Mortgage guide. Eliminate monthly mortgage payments, pay bills, medical costs, and more. Call now and get your free info kit. Other mortgages are paid each month, but with a Reverse Mortgage, you can pay whatever you can, when it works for you, or, you can wait, and pay it off in one Lump Sum when you leave your home. Discover the option thats best for you. Call today and find out more in aags free, noobligation reverse Mortgage Loan guide. Access taxfree cash and stay in the home you love. Youve probably been investing in your home for years. Making monthly mortgage payments. Doing the right thing. And its become your Familys Heart and soul. Well, that investment can give you taxfree cash just when you need it. Learn how homeowners are strategically using a reverse Mortgage Loan to cover expenses, pay for healthcare, preserve your portfolio, and so much more. Look, Reverse Mortgages arent for everyone but i think ive been round long enough to know whats what. Im proud to be part of aag, i trust em, i think you can too. Trust aag for the best Reverse Mortgage solutions. Call now so you can. Retire better you packed a record 1. 1 Trillion transistors into this chip i invested in Invesco Qqq a fund that invests in the innovators of the Nasdaq 100 like you become an agent of innovation with Invesco Qqq california is about to take on the issue of Vaccine Mandates in a way no other state has. Governor newsom is expected to announce today that teachers and other School Staff must be vaccinated or submit to regular covid testing. This is first in the nation order. It will take effect in mid october. It will broaden statewide what School Districts in san francisco, oakland, sacramento and Long Beach have already done. Randy winegarden is the president of The American federation of teachers. Thank you for taking the time. Your reaction to this order . Thank you. Look, i made it clear what my personal views were earlier in the week, but i think youre going to see our affiliates in California Support this. As our affiliate in washington, d. C. Had supported Mayor Bowser doing something similar and our affiliate in new York City supporting Bill De Blasio for doing something similar. We know that vaccines are the single most important tool for us Confronting Covid and protecting people. We also know that there has been, you know, that teachers have been extraordinary in terms of taking the shot. Our federal governments are showing, the White Houses figures are showing that over 90 of Teacher Members have gotten the vaccine. We also know that there is some real hesitancy in the population. Im sorry to interrupt. We have to go live to the White House and President Biden. 943,000 jobs created in july, the seventh largest month of u. S. Job creation in u. S. His or her, making the administration the first ever to add 4 Million jobs in the first six months in office. Then in the past 24 histories weve seen the Senate Advance two key pieces of my economic agenda, the bipartisan Infrastructure Bill and the Budget Resolution that is the framework for my build back better plan. Today im ploeased to share mor good news with The American people. The latest report on Consumer Prices Shor Price Index is down byy twothirds from its pace over the past three months. When you take out the goods directly impacted by the pandemic like cars and airline tickets, the monthly core has less than. 2 . Economic growth is up and unemployment is coming down. I would argue the biden Check Plan is working. Historic investments are on the way as well. This isnt accidental. Its a result of our strategy to get shots in arms and grow the economy from the Bottom Up and the middle out. Its the rest of the result of The American Rescue Plan and everything else that weve done. Its a areresult of the grit an determination and really hard work of The American people. Even with all this progress, a lot of families are still feeling the pinch. Family budgets remain tight and paychecks dont go as far as E Reality in the millions of households all across america for too long. Thats why i want to talk today about what were going to do to try to ease the burden on families right now and what we need to do to help them succeed over the longer term. First, for millions of families, help is on the way right now thanks to The American Rescue Plan. On friday, about 40 Million families will receive their second monthly payment as part of our Tax Cut for families are children. 300 for each child under the age of 6 and 250 for every child 6 through the age of 17. Thats money for diapers, food, rent, school supplies, fees and equipment for the child to join Sports Teams and dance classes. Most of all, as my dad used to say, it just gives a parent a little bit of breathing room. The money is a game changer. So i would argue for some its a lifesaver. Km economists tell us those Tax Cuts boost test scores, College Attendance and lifetime earnings,a winwin. Early this Morning Congress took an important step to make sure this Tax Cut for families with children does not expire next year. So lets keep this Tax Cut going and not raise taxes on Middle Class families. The second Point Id like to make is were talking about taking action that alleviates global Supply Chain challenges that keep preices higher than they should be. For example, were Tracking Congestion at the ports of Los Angeles and Long Beach, the largest ports in the united states where increased Shipping Traffic and the challenges of operating safely in a pandemic are creating De Ie ing disrupti. Those disruptions impact Food Costs and when deliveries arrive. My administration is bringing together port operators, shipping leans, labor unions, trucking companies, railroads and others to speed up the ports operations. Right now our experts believe the major Inspector Forecasters agree as well that these bottlenecks and Price Spikes will reduce as our economy continues to heal. While Todays Consumer Price report points in that direction, we will keep a careful Eye On inflation each month and trust the fed to take appropriate action if and when its needed. Third, ive directed my administration to crack do you know down down on what some players are doing in the economy that are keeping prices higher than need be. Take your grocery bill. When big Agriculture Operations consolidate, they put a squeeze on small and family farms, making them pay more for seed, paying them less for what they produce and raising prices at the grocery store. My Executive Order opens up competition in the agriculture business, gives more farmers a chance to compete, which will give americans more Food Choses at lower costs. Fourthly, we are taking action to address Gas Prices today. Today Gas Prices are lower than they were early in this decade, but theyre still high enough to create a pinch on Working Families. One key thing about the Infrastructure Bill that just passed the senate is there are no Gas Tax increases. No Gas Tax increases. I made that absolutely clear that i would not raise Gas Taxes. Im glad everyone in the senate seemed to agree with that. But thats not enough. Recently weve seen the price that oil companies pay for a barrel of oil begin to fall, but the cost of gasoline at the Pump Hasnt fallen. Thats not what you would expect in a competitive market. I want to make sure nothing stands in the way of Oil Price declines leading to lower prices for consumers. So today my director of the National Economic Council has asked the chair of the federal Trade Commission to use every address any illegal conduct that might be contributing to Price Increases at the pump while the cost of a barrel of oil is going down. We also made clear to opec, the major Oil Exporting Nations of the world, that the Production Cuts made during the pandemic should be reversed as the global economic the global economy recovers in order to lower prices for consumers. The child tax credit, stepping in to address the Supply Chain challenges, my competition orders, the Ftc Investigation into price gouging, these are some of the immediate steps we are taking to put more money in your pocket and make that money go further. We also need to do more to bring down the costs that are squeezing Families Month after Month And Year after year. We need to make this Economy Work better for Working Families in the long run. These challenges are with us long before the pandemic and before i took office. But as we recover from this crisis, now is the moment to put in place the longterm plan to build back america better. A plan that will increase opportunities with better jobs and with higher wages. A plan that will lower the everyday costs that strain our budgets and our nations Families Today and long into the future. It starts with Making Investments that we know will make the economy more productive and lead to more growth over the long run. Bringing down the cost, everyday costs that have been taking a bigger and bigger bite out of Middle Class families incomes. The expenses that keep parents up at Night And Rob seniors of their dignity. Health care, Prescription Drug costs, Child Care, education, Housing Or Caring for an elderly relative or a loved one. For those who get their Health Insurance through the affordable care act, The American Rescue Plan allowed us to cover more people at lower premiums and lower premiums by an average of 40 . In my build back better plan, we want to build on that progress. For Prescription Drugs, right now we pay the highest Prescription Drug cost prices of any developed nation in the world, the highest. My build back better Plan Will lower Prescription Drug costs by finally giving medicare the power to negotiate the prices of the drugs they purchase for The American people, saving americans hundreds of billions of dollars. On top of that, my Plan Would add hearing, dental and Vision Benefits to medicare. Right now there are hundreds of thousands of americans who need home and communitybased Care Services and my plan expands Home Care for older americans and people with disabilities, while improving jobs and the pay for the workers who care for them. My Plan Will also provide access to quality affordable Child Care with new and upgraded Child Care facilities all across the country. Middle class families will pay no more than 7 of their income for highly qualified care for children up to the age of 5. The most hardpressed Working Families will not pay a dime. Today my council of economic advisers and the office of Management And Budget released a Report Showing clearly how my build back better Plan Will lower outofpocket expenses for families. Parents who getherarn with two 85,000 a year, they have an Adult Daughter who lives with them and attends Community College. They care for an elderly parent who needs Arthritis Medicine which costs 5,500 outofpocket each year. An Eye Exam to get a new pair of glasses. Under our build back better plan, their daughter would be eligible for two years of Community College free. That will save them 2,400 a year. Thats like a 2,400 tax credit. In addition i should say Tax Cut, not just credit. In addition, my Plan Would cap outofpocket expenses and costs for their moms and dads Prescription Drugs, saving that family another 2,400 a year. The new Vision Benefit under medicare would pay for that Eye Exam and new glasses and lenses, saving 450 a year. All told, my Plan Would save that family making 85,000 a year, 5,250. The build back better plan is going to save your family a lot as well. Now, there are a number of theres been a lot of misleading talk, which is no surprise, i guess, about what im proposing in my build back better agenda. Its not a shortterm stimulus. Its a longterm investment in american families. My republican colleagues have argued that longterm investments in physical infrastructure will grow the economy and reduce inflationary pressures. I thank them for that. Theyre exactly right. We agree on that. At the same time, its true that longterm investments that bring down the biggest costs that families face, housing, Child Care, education and Health Care, these investments will lower outofpocket expenses, not raise them. They will spur more people to work by helping ease the burdens of Child Care and senior care that parents, especially mothers, bear, keeping them out of the job market. And theyll spread out over the decade. Theyll make a huge difference for families, but theyll only make up around 1 of our economy each year over the next decade. And theyre going to be fully paid for. This isnt going to be anything like my predecessor, whose unpaid Tax Cuts and other spending added nearly 8 Trillion in his four years to the national debt. 8 Trillion. They didnt even purport to try to pay for their Tax Cuts, which went straight to the largest corporations and the wealthiest americans. The investments im proposing will be fully paid for over the long term by having the largest corporations, including the 55 corporations that paid zero federal tax last year and the super wealthy begin to pay their fair share. Theyll still make a lot of money, but pay their fair share. That means it will actually reduce the national debt, improve our fiscal position over the long run. My build back better agenda is fiscally responsible, the fiscally responsible way to reduce the cost for families. In fact, youre Hearing Economists across the board confirm this. Moodys has said that, quote, worries that the Plan W Will Ignite this is moodys now, Ignite Undesirably High Inflation and overheat the economy is overdone. Nobel prizewinning Economist Joseph Stigla said my plan, and i quote, there is no conceivable way it will have any significant effect on inflation. Jason furman of Harvard University has said, quote, i dont think the Infrastructure Bill or the reconciliation Plan Would materially impact inflation over the next decade. So if your primary concern right now is the cost of living, you should support this plan, not oppose it. Because a vote against this plan is a vote against lowering the cost of Health Care, housing, Child Care, elder care, and Prescription Drugs for american families. So let me close with this. We brought this economy back from a cold start and there is going to be there are going to be some ups and downs. But i am committed to making sure that our historic economic recovery reaches everyone. This time reaches everyone and eases the burden on Working Families not just this year but for the years to come. So thank you, god bless you, and may god protect our troops. Thank you. Okay. The president obviously just finishing up his remarks there about his build back better plan and making the pitch for the investments in the bipartisan Infrastructure Bill as well as this 3. 5 trillion resolution that is expected to work its way through the senate on a simply partisan, democratic Majority Vote there. Hes making the case that it includes all these other facets that he says is necessary in order to make the economy stronger and improve the lives of so many people in this country, particularly the Middle Class when it comes to education, when it comes to Child Care, when it comes to Health Care and so much more. Again, the president making his case as legislatures, both the house and the senate, continue to do their part. Thank you so much for being with us. Ill be back tomorrow at 1 00 eastern. In the meantime follow me on twitter anacabrera. The news continues now with victor blackwell. Im victor blackwell, good to be with you. So you just heard from President Biden making the case there for his historic jobs and infrastructure agenda. His remarks of course come after senate democrats advanced a 3. 5 trillion Budget Outline overnight. Its the framework that calls for historic expansion of the nations social safety net, including free prek and Community College, ambitious proposals on climate and immigration. But giant obstacles are ahead in both the house and in the se