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good morning, everyone, and welcome to your new day. i m amara walker. and i m 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 biden s economic agenagenda. we ll tell you what s 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 shooting victim. and war of words. tensions heat up between the u.s. and china after nancy pelosi s trip to taiwan. antony blinken s warning it could have major consequences. good morning and welcome to your new day. it s august 6th. amara, we did it last hour. i ll do it again because we re not sitting next to each other. what s the status? three of the four kids are awake. we re on track to an early start. i have access to all the cameras, and i am doing my best not to check because i ....
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. cnn s jessica dean is on capitol hill for us. jessica, where does the bill stand right now? reporter: well, now we are sitting around and waiting for it to make its way through this very complex budget procedure that you just kind of outlined there, frederica. but what we are anticipating is that the senate will gavel in in about an hour around noon. from there, they re going to they have to kind of get through all of these procedures. so what we ve learned in the last couple of hour ....
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 it s 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 spread conspiracy theories about widespread irregularities and fraud and also the fallacy that two atlanta election workers smuggled fake biden ballots in with suitcases. none of that was true. let s bring in former federal prosecutor to discuss, your view of the legal exposure that giuliani faces, he now obviously is a target of this investigation. that s very big news, bigger than it might seem at first glance, victor. the term target has a very specific meaning in the context of crim ....
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 trump s 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 interview with cnn s kasie hunt, liz cheney, the vice chair of the january 6th committee, weighed in on a potential trump prosecution saying the justice department must rise to the challenge. they have to make decisions about prosecution, understanding what it means if the facts and the evidence are there and they decide not to prosecute, how do we then call ourselves a nation of laws? joining us now is cnn anchor and chief national affairs analyst kasie hunt, and daniel goldman, a former fed ....
and we ll go inside the negotiations. and this cnn exclusive, sources say donald trump s 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 least in the short term. yes, inflation is high, but the recovery is still humming. the economic news caps the giant week for the biden presidency. wins on veterans and a top strike to take a terrorist off the battlefield. and now a leap forward for the democratic agenda. kyrsten sinema, the lone hold out, is today a yes. but we start on the stunning and surprise jobs numbers. matt egan is joining us. tell us more. yeah, this is a blockbuster number. and here is the best part. no one saw ....