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price hike for the covid vaccine. senator bernie sanders calls it outrageous. he joins us live. this is what we're watching this hour. thank you so much for being here. i'm kate bolduan. two big stories we're tracking. first, a major outage is causing huge flight disruptions. thousands of flights are delayed or canceled. rue now the faa did lift the ground stop that par liesed domestic air travel. the cause still unclear right now, even as airlines are starting to get flights back up in the air. we're also keeping a very close eye on the deadly storms in california. at least 17 peopl...

Story. this vaccine was discovered in partnership with the niih, with a government agency supported by the taxpayers in this country. in addition, the government put $1.9 billion into research for moderna, and guaranteed billions in sales. then, as a thank you to the taxpayers of this country, what moderna says is, after we deplete the government supply of free vaccines, they're going to quadruple the price of that vaccine. meanwhile, they're going to charge whatever it is a vaccine, it costs them about $2 to produce that vaccine. then, on top of all of that, in the last few years, since this ...

A price hike that could impact really everyone. the "wall street journal" is reporting moderna is considering more than quadrupling the price of its covid vaccine. this would all come when the company shifts from the government contracts to putting the vaccine out on the commercial market. elizabeth cohen joins us now with more details on what this could mean for everyone. what is going on? >> this means the most for people who are unissued or underissued. if you have insurance, your insurance will pay for this vaccine, and in the end, i guess we all pay for that, but for the uninsured and und...

When is they met to confer and advise the fda and the cdc. kate? >> so interesting. elizabeth, thank you so much for that. joining me is senator bernie sanders, the incoming their of the senate health, pensions and labor committee. you wrote a letter to moderna, and you called this price hike outrageous. i want to also read what we have heard so far from moderna, the ceo telling "wall street journal" on monday -- i would think this type of price is consistent with the value of the vaccine. have you heard anything back from moderna? >> not yet, but look, what you are seeing here with moderna ...

Is we are looking at strategies in how to deal with it, but i think the area we have to focus on is, if the taxpayers of this country put money into developing a drug -- certainly not the covid vaccine, but many cancer drugs as well -- should they be forced to pay the highest prices in the world for a drug they helped develop? the answer is no. they need to makes sure that the product being produced is affordable. >> we'll wait and see how moderna responds. at cnn, we are seeking comment from moderna on this one as well. while i have you, i do want to ask, your democratic senate majority is no...