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good morning, everyone, and welcome to your "new day." im amara walker. >> and im phil mattingly. and today all eyes are on capitol hill after days of deal-making. democrats get ready to vote on a critical part of president bidens economic agenagenda. well tell you whats in the bill and what it means for millions of americans. >> plus it was a week of twists and turns in the courtroom. now a jury has ordered conspiracy theorist alex jones to pay up to the parents of a sandy hook shooti...

reduction act, would be the largest investment in energy and climate programs in u.s. history. for the first time it would give medicare the power to negotiate prescription drug prices, cap medicare out-of-pocket costs at $2,000, and extend expiring health care subsidies for three years. but before any of that happens, it must get approval from the senate parliamentarian to proceed with a filibuster-proof reconciliation process, allowing democrats to pass the bill with just 50 votes...

the target of the georgia special grand jury investigative ef ef efforts to overturn the 2020 election. his lawyer confirmed that to cnn saying that a prosecutor from the fulton county d.a.s office informed him of that today. giuliani is expected to go before the same grand jury on wednesday, and its not clear if he will invoke the 5th amendment. >> giuliani met with georgia state legislature three times in december 2020, this is right after the election, and during those meetings, he ...

avlon in for john berman this morning. it is the clearest sign yet that the criminal investigation into january 6th zeroing in on former president donald trump himself. our exclusive new cnn reporting reveals that trumps lawyers are talking directly with the justice department about the events of january 6th. the talks are said to be focused on whether conversations the former president had while in office can be kept from investigators due to executive privilege. >> now, in an intervi...

and well go inside the negotiations. and this cnn exclusive, sources say donald trumps legal team is now talking to the justice department. it signals that there is a big and ugly fight coming over what the former president can shield from federal investigators. but we begin the hour with a wow. the july jobs report gives president biden important economic momentum on employment hitting a 50 year low. 500,000 plus more americans hired just last month. so forget recession talk. at lea...

Confident than u.s. economic recovery is in tact. he told cnn, this is not a recession, its not even in the same universe as a recession, its just patently wrong to say it is. cnns matt egan joins us now. why is he so optimistic? >> recession fears, they have been running rampant for months now, and some are arguing that the u.s. economy is already in a recession but the last few days weve actually had a lot of positive developments that suggested this gloom and doom is probably overdone. you ha...

Undercut the argument that the u.s. economy is already in recession. yes, gdp contracted in back-to-back quarters at the start of this year, but, no, economies in recession dont add half a million jobs in a single month. that doesnt mean there arent obstacles ahead. remember, the economy doesnt have a jobs problem. it has an inflation problem, and theres nothing about the july jobs report that changes the fact that consumer prices are rising at the fastest pace in 40 years. in fact, this unexpec...

Sentiment, its 200,000 jobs stronger than even the modest forecaster was predicting. payrolls have now returned to their february 2020 levels. that means all jobs lost to covid have now been recovered. a the unemployment rate has dropped to below 3.5%. to get a lower figure, you have to go back to when richard nixon was in the white house. this understood cuts the argument that the u.s. economy is already in recession. economies that are in recession dont add half a million jobs in a single mont...

Moment this is a very good report for president biden. first of all, we had a couple of weeks ago a silly extended debate over whether or not we were in a recession. these numbers make pretty clear we are not in a recession. you dont add half a million jobs when in a recessionary environment makes it more likely that that first quarter gdp number will be raised up and wont be negative as it was in the initial report. there is nothing presidents like better than adding a lot of jobs and telling a...

You have very stamp conservatives. establishment rhino, squishy republicans. 100% of conservatives are worried. they are worried bad. 50% of the pie. 50%. add half of squishy ones and that 172% on the -- 72% on the right worry what is to come. what is to come could be ugly. >> "new york times" is wishful thinking. there is an article saying the tea party might not be over. they are caving on big, is. taxes and two is immigration. on taxes if the "new york times" were accurate wouldnt we have a d...