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portions of the state. just minutes ago we were seeing this video of a levy that failed overnight in monterey county. that has forced evacuations, washed out roads and bridges. this week s atmospheric river, the tenth to hit the state dropped more than a foot of rain in some areas. at least two people have died in the most recent storm and more rain is on the way for some hard-hit areas. several feet of snow is blanketing the sierra, nevada mountains. they worry melting snow could cause more flooding. california national guard in high water vehicles are staged throughout the state. mike lareo is in vallaero. reporter: we re in the heart of the flood zone and we have all of this flooding in the downtown area because from that video you just saw, the levy is about 3 miles behind us and as soon as that levy had a breach around midnight local time, jim, all of that water had nowhere to go but here except for low lying areas. you can see there s a little bit of a dry spot ....
what he said about al or, what he said about the antichrist being gay, what he said about is land been internally violent, the republican party got a pass on it, because unfortunately, of all the people to choose from on the, right nikki haley shows. him remember that. mehdi, great show as always, enjoy the rest of your evening off. coming up on ayman, election denialism, fox the lies trump was peddling, but still, they broadcast them to millions of viewers. now, those lies live on a new generation of gop stars. plus, the most important election you ve never heard of. wisconsin attorney general josh joins me to discuss the critical state supreme court race, and why it will affect all of us. and, abortion on the line yet again. a new ruling this week could throw access even greater debt. we can explain all of that and more. i m ayman, let s get started. m ayman, let s get started election denialism and conspiracies have a stranglehold on republicans. sitting po ....
for access into even greater doubt. we ll explain all that and more. i m ayman, let s get started. election denialism and conspiracies have a stranglehold on republicans. sitting politicians, party activists, everyday registered republicans. the idea that elections, multiple elections, plural here, have been stolen and that it s only republican elections that have been stolen is now common wisdom from many corners of the gop. just last night, the michigan republican party elected christina karamo as their new chair. here s a quick refresher for you. she s a 2020 election denier. he lost her race for secretary of state by 14 points in last year s midterms. she has refused to concede her race, making countless baseless claims of election fraud. instead, in arizona, kari lake is still fighting the results of her gubernatorial election, and late this week, the arizona court of appeals rejected lake s challenge of her loss to now governor katie hobbs. it s the second court ....
what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. ....
program, a ruling that will impact millions of people, one of the court s most influential cases this term with implications beyond the student loan issue. the plaintiffs which include six republican-led states, two borrowers who do not qualify for this program, are challenging the legality of the plan which would cancel up to $20,000 in debt for some borrowers. so just to give you an idea of the scope here, outstanding student loan debt in this country is more than $1.7 trillion. the vast majority of that, we re talking more than 90%, is from federal student loans and those are the ones that would be eligible for some forgiveness under biden s plan. so far 16 million borrowers had been approved for that relief. when the legal challenges put the plan on hold, officials estimate the program could cost some $400 billion. education secretary miguel cardona speaking with cnn this morning talked about why the administration is so focused on this and why the administration ....