Transcripts For KPIX CBS 20240703 : comparemela.com

KPIX CBS July 3, 2024

Cuts. Cbss carter evans takes a look inside the numbers. Hey, payments start again in october. Reporter the constant reminders are inundating manuel galindos in box. The berkeley grad owes more than 28,000 on federal Student Loans. Im now in more debt than the amount of money ive ever had in my pocket. Reporter galindo grew up poor in south l. A. , raised by immigrant parents from el sal salvador. I can recall sleeping on a mattress with my three other siblings and my parents on a second mattress on the floor, and thats all we had. Reporter now the 31yearold has his dream job at a nonprofit that fights for borrowers. He makes about 80,000 a year, but much of that goes to support other family members. Restarting loan payments will mean painful cuts. 200, 300 is the difference between me being able to purchase medical coverage or me being able to pay for my familys food. Reporter or being able to rent this house. Whats going to change when you have to start paying this loan back . Im giving up the house. So what are you going to do . Couch surf. Reporter repayments are due for 43 million borrowers. Spending analysis found most will start cutting back on vacations and restaurants. As a last resort, some will have to cut essentials like groceries. This is going to pull out about 6. 5 billion per month from consumer spending. The question is will it reduce inflation but at the same time increase unemployment . Reporter until his student debt is settled, galindo cant achieve his ultimate goal, buying a home for his parents. Just the thought of being able to give my parents that, weve never had that. Reporter right now the number of deceptive robocalls and emails is soaring. The number actually coming from scammers offering to erase Student Loans for a fee. Now, if youve got any questions, the federal trade Commission Said you should call your loan service directly. An important warning. Carter, thank you. The ccbs overnigight news willll be right back. 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Body clench because you dont know what the [ bleep ] is going on. Reporter mclean says she told her mother, who complained to authorities. And Nothing Happened . Nothing. Im just starting to come to terms with about ten years ago to be honest. We cant expect children to come forward in the same manner, the same short time period that an adult would. Reporter attorney sharon iskara is leading lawsuits, including mcleans, against the state, alleging it failed to protect children. How many people have come forward to you . Over 400. The number is rising. Reporter cbs news found more than a dozen reports over the last six decades that detail abuse in marylands juvenile detention. Why not go after the perpetrators themselves . Because the state put them in charge, and the people who read these reports, they could fix it. And i dont know why they didnt. Reporter marylands Attorney Generals Office says it cannot comment due to pending litigation. This really allows us to open their books, find out what they were doing. Reporter the new law was proposed by maryland state delegate c. T. Wilson, who was abused as a child by his adoptive father. How many times did you introduce this legislation . At least six. At least. It was very surreal to see that, to see a signature on it. What do you say to the people who made it possible for you to bring this lawsuit . Thank you. Without them, wed still be sitting in silence. Reporter whats interesting here, norah, is that by lifting the civil statute of limitations for these claims, maryland is essentially exposing itself to lawsuits like this one. 37 other states have introduced legislation that would expand the window for victims to come forward and seek justice. Such an important investigation. Adriana diaz, thank you very much. Simone biles pulls off another vault for the history books. Books. Thats next. Looking for a bladder leak pad that keeps you dry . 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We take you inside the new giant sphere near the vegas strip as u2 Takes Center Stage next youre the real thing the Entertainment Complex sphere is ushering in a new era in las vegas with legendary irish rock band u2. Cbsss Anthony M Mason takeses inside. R reporter when u2 opens sphere, the epic new las vegas arena, the audience was in awe, and so were the artists. T this is realllly mindbend. Reporter r bono the edg first saw desigigns for the v v two y years ago. We left going,g, we have tot this. Like w wed bee mad not t to do. R reporter spheree has 160, speaeakers and moree than 260 million video pixels. What the sphere people have figured out is a problem that started when the beetles played shea stadium. Reporter since the 1960s, big music acts have had to play arenas designed for sports teams. Does this change that . I think so. And were about to find out. Reporter built by the owner of Madison Square garden, the walls in sphere can appear to disappear. So its a building that has at its core paradox that it has been massively invested in to put it here and wants to imagine itself gone. Reporter es devlin is one of the designers of the u2 show. What were the marching orders you were given for this . To create a cathedral in las vegas. Reporter mission accomplished. Anthony mason, cbs news, las vegas. Finally tonight, we want to talk a moment to pay tribute to two colleagues weve lost here at cbs news. Last week, a beloved member of the 48 hours team, johnia kobian died unexpectedly. Hes remembered as kind and supportive and for having an encyclopedic mind. John was 60 years old. And the evening news family is mourning the loss of mark ludlow. Mark was known as one of the best editors in the business. Working out of the London Bureau for nearly 40 years, mark covered it all from wars to disasters to royal extravaganzas. Cheerful, talented, and hugely loved, and simply just wonderful. Just last week in a hospital bedside ceremony, mark married his longtime partner, and cbs news producer jane whitfield. Mark was 63 years old. Our thoughts and prayers are with their families. And thats the overnight news for this tuesday. For some of you, the news continues. For others, check back later for cbs mornings and follow us online anytime at cbsnews. Com. Reporting from here in the nations capital, im norah odonnell. This is cbs news flash. Im Shanelle Kaul in new york. Congressman matt gaetz has filed a motion to remove Kevin Mccarthy from his role as speaker of the house. The conservative republican has been critical of mccarthys decision over the weekend to work with democrats to avoid a Government Shutdown. Mccarthy replied on social media saying bring it on. Hunter biden will appear in federal court in delaware today to be arraigned on gun charges. The president s son is expected to plead not guilty. An earlier plea deal with the Justice Department collapsed under scrutiny from the judge. And beyonce is coming to the big screen. Her new movie, titled renaissance a film by beyonce, captures her current world tour. It will open in amc theaters on december 1st. For more, download the cbs news app on your cell phone or connected tv. Im Shanelle Kaul, cbs news, new york. Announcer this is the cbs overnight news. Tonight after years of donald trump bragging about his net worth, a trial in new york is under way and taking direct aim at just that. The fraud trial against the former president , his family, and the Trump Organization started today. Prosecutors accuse trump and his company of inflating the value of his assets and net worth on financial documents. Before entering the courtroom, trump called the trial a sham and verbally attacked the judge and new yorks attorney general letitia james. Last week the same judge found trump, his sons don junior and eric, and the Trump Organization had inflated his value by billions of dollars for a decade. This isnt a criminal case, so no jail time. But trump could be forced to give up his famous new York Properties like trump tower. Cbss robert costa is going to start us off tonight from outside the courthouse in manhattan. Good evening, robert. Reporter good evening, norah. Former President Trump did not need to show up here today, but he decided to anyway because sources tell me for him, this was deeply personal, and he wanted to defend the company and reputation he built over decades, so intertwined with his life and with his political career. Former President Donald Trump sat stonefaced in court this morning. The fate of his new York Properties, including trump tower, and his Family Business at stake. New York Attorney general letitia james, who brought the 250 million Fraud Lawsuit against trump and his adult children, sat just feet away from the former president and his son, eric. No matter how powerful you are, no matter how much money you think you may have, no one is above the law. Reporter trump used the occasion to attack james and the judge. We have a racist attorney general who is a horror show, who ran on the basis that she was going to get trump before she even knew anything about me. Reporter trump is accused of misrepresenting his net worth by over 3. 5 billion, inflating his assets to secure better loan terms. He allegedly claimed his trump tower penthouse was nearly three times its size and valued maralago as high as 739 million, nearly ten times its worth, according to james office. Attorney Kevin Wallace told the judge they were lying year after year after year. Trumps former fixer, michael cohen, said in a deposition played in court that he and former Trump Organization cfo Allen Weisselberg were tasked with inflating assets to obtain the number that trump wanted. Lets say it said he was worth 6 billion. Well, he wanted to be higher on the forbes list, and he then said, im actually not worth 6 billion. Im worth 7. In fact, i think its actually now worth 8. Reporter trump attorney chris kiez called cohen a serial liar. The former president called the trial rigged and a witch hunt days after the judge ruled he had committed fraud. What we have here is an attempt to hurt me in an election. Reporter i was inside the courtroom today, sitting just steps behind the former president , and tensions were high. The attorney general sat in the first row. She watched trumps every move, and trump at one point glared at her as he left the room. This is a dramatic scene unfolding as trump tries to protect the company he has long led. Norah. Quite a day. Robert costa, thank you. Back here in washington, Kevin Mccarthy is fighting to keep his job as fellow republicans threaten to remove him as speaker of the house. The threat comes after mccarthy worked with democrats to avoid a Government Shutdown. Cbss Scott Macfarlane reports the lastminute deal is only good for 45 days. Reporter 48 hours after a shutdown that would have stripped the paychecks of millions of federal workers the motion to reconsider is laid on the table. Reporter House Speaker Kevin Mccarthy risks being stripped of his job. Florida republican matt gaetz, a notoriously fierce critic, is planning an attempt to oust the speaker, slamming him for working with democrats. It is going to be difficult for my republican friends to keep calling President Biden feeble while he continues to take speaker mccarthys lunch money in every negotiation. Reporter despite being pressed by cbs news, Democratic Leaders havent said if theyd join the effort to target mccarthy. If they did, only a handful of his republican colleagues need to vote against mccarthy to put him in danger. It is what it is, and im going to just focus on what the American People want. Reporter some republicans are also calling for the ouster and prosecution of new york democrat jamaal bowman, a former middle School Principal who they accuse of pulling a House Office Building fire alarm to delay the tense proceedings saturday. Bowman apologized and said he thought the alarm would open a locked doorway as he rushed to votes. The House Administration committee and u. S. Capitol police are investigating. Meanwhile, President Biden is urging congress to restore aid for ukraine. Too many lives are at stake, too many children, too many people. Reporter which was cut this weekend to appease some conservative republicans who think taxpayers have spent enough. Is there any risk in waiting to provide that aid . Certainly on the battlefield. But more importantly, the risk comes in what our partner nations are saying. Reporter the republicans seeking to oust mccarthy accuse him of cutting a secret side deal with the white house, guaranteeing ukraine funding. Mccarthy denied it tonight, and the president , despite referencing it yesterday, didnt address shouted questions from reporters about it late today at the white house, norah. Scott macfarlane, thank you. History will be made in the u. S. Senate tomorrow when Laphonza Butler is sworn in to fill the seat of the late california democrat dianne feinstein. Butler is the president of emilys list, a Fundraising Group that backs female candidates who support abortion rights. She will be the first openly gay senator to represent california and the only black woman in the u. S. Senate. Butler will fill the seat at least until next years election. Late night talk shows are returning to the airwaves tonight following the end of the wga strike. The year of the strike has seen unions nationwide demonstrating their collective power. The latest example is what could be the largest walkout of

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