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thrown out. >> ainsley: lydia hu is outside of the courtroom for more. >> they question whether the insurance company that is underwriting this $175 million bond could actually pay it if they had to. those lawyers writing this. night specialty insurance company is a small insurer not authorized to write business in new york and thus not regulated by the state's insurance department. had never before written a surety bond in new york or in the prior two years in any other jurisdiction and has a surplus of $138 million. which is less than 175 million needed. another issue these lawyers raise at the attorney general's office is who has access to the collateral trump posted to secure the bond. executives say the former president put up cash in a brokerage account. the a.g. says trump still has

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Americas Newsroom

going on right here should never be happening. it's a very sad day in america, i can tell you that. thank you very much. >> martha: down the street from the rush money trial new york state attorney general letitia james is another courtroom saying the $175 million agreed-to bond secured in cash by trump which allows him to appeal the judge's ruling in the civil fraud case she claims the bond is not financially valid according to the former president it was backed by cash. i don't know how that works. >> dana: full coverage on fox. jonna spilbor and lydia hu is with fox business outside the new york state supreme court to give us an update. hi, lydia. >> good morning. that hearing about this bond issue is about to get underway any moment. lawyers took their seats inside the court for both trump,

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The Story With Martha MacCallum

proximity are growing, too. data from gov spend that data proximity is up. proximity's core learning position certified phis teachers especially for underserved students. trace, as you can imagine, some parents are concerned about the quality of education. the school district down in charleston, south carolina, it used virtual teachers last year. according to local reports, it's going back to teachers in the classroom this year and rewarding those in-person teachers with bonuses. back to you. >> trace: that's it. i'd be worried as well. thanks, lydia. i want to take your attention back to the map. we're watching hurricane idalia. it is right now a category one hurricane. by landfall, which the national hurricane center center estimates may be in the big bend

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The Story With Martha MacCallum

veteran homeowners. if you're on a fixed income, inflation can hit you extra hard, especially if you're using high rate credit cards to take care of your family's expenses. even minimum payments are tough. it's too much and it's time to hit back. with a newday 100 va loan, you can borrow up to 100% of your home's value to pay off those high rate credit cards and other debt. and you can save $500 a month. that's $6,000 a year. >> trace: as kids go back to school, the teachers may not be in the classroom. not because of covid but some districts are stealing with staff shortages so they're turning to virtual teachers. lydia hu is live with more. good afternoon. >> hi, trace. that's right.

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Americas Newsroom

changed indication in this nation is to break the backs of the teachers unions. they are standing in the door house of our kids locking them into failing schools. >> some candidates demanding transparency and school choice. >> parents should never have to wonder what is being said or taught to their children in the classroom. parents need to be deciding which schools their kids go to because they know best. >> and a couple candidates spoke about preparing students for manufacturing jobs, governor nikki haley calling to boost vocational training and hutchinson calling for better computer science education to compete with china. >> bill: thanks, lydia. >> dana: the one on my mind a lot. >> bill: education. >> dana: it's interesting. doug burgum said education is a local matter and some school districts do very well. overall as a president if you

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Americas Newsroom

that lasts well into september. the best month of the year. >> bill: if you work at goldman sachs, good luck. we're here every day. american education now escalating as a major concern for voters as the nation's reading and writing scores plummet. candidates last night in the stage here in milwaukee calling the to axe the department of education? how would that work? lydia hu has more. >> good morning, bill. republican candidates ripped into the decline of american education pointing to progressive policies as a problem and some calling to dismantle the department of education. watch here. >> we need education not indoctrine nation. >> let's shut down the department of education, put the $80 billion in the hands of pair analities. >> i would give block grants based on merit. >> tim scott criticizing the teachers unions. >> on education, the only way we

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The Story With Martha MacCallum

billion in loans that people took out to go to college. the house and senate democrats are calling on him to find a way around that, to do more as soon as possible. lydia hu is here. hi, lydia. >> hi, martha. the pressure is coming from 90 democratic lawmakers that signed on to a letter from the president. among them, elizabeth warren and bernie sanders, ayanna pressley and alexandria ocasio-cortez. they wrote this: although the supreme court has chosen to stand in the way of your initial student debt relief plan, you have additional tools to provide relief. we urge you to continually find ways to use your authority to bring down student debt. martha, the administration has pressed ahead with debt con sellation, as you mentioned, two days ago, the white house shared details on a new income-driven repayment plan that slashes monthly payments. the plan will cost taxpayers and

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Americas Newsroom

california. showing some of the devastation left behind by tropical storm hillary. really was a rain event for them and in that part of the country when you get rain of that magnitude, it comes running down the street and there is nothing you can do. so the cleanup operation has begun, 7:45 local time in palm desert, california. as soon as the sun came up we knew last hour we would start to see images like these. we'll keep you posted and hopefully does not get worse and we are keeping our fingers crossed it stays that way there. in the meantime let's move to this. parents want the best for their kids. when it comes to childcare, the best can set you back thousands per month. takes a chunk out of paychecks and drying up savings accounts. lydia hu is here to break it all down on the numbers today. >> that's right. costs for daycare and pre-school are soaring up 6% from a year

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Americas Newsroom

44% say it's too little. highest number of the three. at the bottom sexual orientation and gender is at 48% in the too much column. that's what we're finding from americans that we polled just this week. >> gillian: that reading metric, bill, that lydia was talking about is the fundamental key to everything else. if you can't read proficiently in third grade, as you mentioned before, you are probably not going to graduate high school or be able to do math, science or any other academic subject. >> bill: we'll see what comes up next wednesday on stage in milwaukee. we have this now. >> gillian: president biden preparing to host the leaders of japan and south korea later today. the first gathering of world leaders during his term at his country retreat. his goal and the goal of all the three countries is to present the united front against the growing military and economic threats posed by china.

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