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what's up party people hope you're
starting your week off right I'm KY wire
this is CNN 10 this Monday kicks off our
final week of the show before summer
break so let's make the most of these
last five episodes of the Season all
right let's get started today first up
we head to Atlanta Georgia where
President Joe Biden delivered a
commencement speech at the graduation
ceremony for morouse college one of the
more than 100 historically black
colleges and universities were HBCU in
the United States the first HBCU were
founded before the Civil War when
slavery was still legal in parts of the
US which meant that racial
discrimination made it difficult or
depending where you lived illegal for
black people to get an education we have
seen many prominent African-Americans
attend h BCU over the years including
Oprah Winfrey Dr Martin Luther King and
current US vice president kamla Harris
President Biden's visit to Morehouse
which is an all male campus comes at a
time when polls show that his support
among young people and black men among
other groups is lagging and it comes at
a time when student protests over the
US's policies toward the war in Gaza
have made headlines on several college
campuses on Sunday a small number of
Morehouse students in the audience
turned their chairs so they were facing
away from the president in silent
protest as he delivered his commencement
address in his speech President Biden
cited a number of his policies that he
said have supported black Americans and
he restated a call for an immediate
ceasefire in Gaza it's a humanitarian
crisis in Gaza that's why I've called
for an immediate
ceasefire an immediate ceasefire to stop
the fighting bring the hostages home and
I've been working on a as we speak
working around the clock to lead an
international effort to get more Aid
into Gaza CNN's Nick Valencia was at
morouse College talking to students
ahead of a graduation ceremony that had
students divided about the choice of
commencement
speaker when you talk to Alon Gibson
about his upcoming college graduation
you can see he's
excited Co canceled his high school
commencement in 2020 so this one is
extra special I think most star like me
that are a little bit enthusiastic but
most just want a peaceful graduation
without protest for the 21-year-old
morouse senior getting President Joe
Biden as the commencement speaker is in
his words pretty cool even if he does
see why some of his peers think the
choice was controversial I personally
don't agree with some of the things that
the White House has done but you still
want him to come here I still do want
him to come because I agree with his um
his full body of work there's been mixed
reactions some for some against more
house student newspaper managing editor
Colin Royal says mostly the invitation
created confusion on campus the fact
that we weren't really in the loop for
that was kind of concerning uh
especially when you have somebody of
that magnitude and somebody that's been
involved in a lot of things that
students have protested against who
would you guys much rather have as a
commencement
speaker I am inclined to say Andre 3000
they joke but Mark Riggins and Noah
Collier have been on the front lines as
two of the most vocal critics at
morehous to B invitation I exist as more
than a prop for a photo op draped in
cfas the Pro Palestinian activist tell
us about what they call us imperialism
which they say Biden has Amplified by
his armed support for the war in Gaza
while at the same time overlooking their
concerns as black men he completely
dismissed Us by calling us violent by
calling us
anti-semitic and are you no in no way
shape or form are any of us anti-semitic
cuz if we we would not be engaging in
these protests the idea of anti-Semitism
does it com completely contradicts and
conflicts with the values that we move
with was part of my calculus that he
would say yes to us because he's in this
presidential race absolutely morehous
president David Thomas invited Biden to
be the commencement speaker back in
September today he defends the decision
as well as the school's choice to give
Biden an honorary degree what I want
them to walk out think
is the president of the United States
came to give the commencement speech at
Morehouse College because morouse
College matters in the
world and
therefore what I do with the privilege
of having gone to Morehouse means I
should matter in the
world in the long-standing tradition of
morehouse's student L activism Thomas
says he will give space for protests on
Sunday but we take a hard line if
protests are disrupted 10c trivia which
foreign country owns the most US debt
Japan China UK or
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Mexico ding ding ding Japan is your
correct answer here the US owes
trillions of dollars in debt to several
different countries because the
government spends more than it brings in
in taxes the US borrows money from other
countri countries to cover its
expenses becoming financially stable can
be a very complicated process but in the
end it comes down to basic math did you
earn more than you spent if so then
things should be okay when when put into
those terms the US government is not in
the best shape it's expensive to run the
government and in order to pay for
social services like Medicare which is
Health Care partially paid for by the
government for people over the age of 65
the government needs to collect taxes to
cover the cost and the thousands of
other costs like it for which the
government pays for the last several
years for both Democratic and Republican
administrations the US government has
been spending more than it collects in
taxes our Matt Ean breaks down the
financial terms for us and makes sense
if you will of the country's Current
financial predicament people sometimes
get confused when we talk about the debt
and the deficit can you explain the
difference between the two and the
relationship the deficit is the
difference between what the government
is taking in in Revenue in what it's
spending you just take the total revenue
subtract the total expenditure that's
the deficit if you go back to the year
2000 it was actually a surplus did you
say Surplus there was a surplus can you
believe it can we get another Surplus
anytime soon no we're not even close I
laugh I should be crying I mean no our
deficit is large it's 1.6 $1.7 trillion
that's a long way from zero and all the
trend lines look pretty difficult here
and then national debt has reached
record of over $34 trillion for some
perspective if you took $3 34 trillion
$1 bills and stack them on top of each
other they'd reach the moon and back
almost five times this can all sound you
know so complicated and massive right a
trillion dollars here a trillion dollars
there can you talk about what ways all
of this will impact the average American
right that the college kid that just
graduated or a new home buyer or a
single mom it's not one of those uh clip
events it's it's more of a corrosive on
the economy results in steadily higher
interest rates it does mean that we're
going to be paying more for getting a
mortgage loan if we want to buy a home
which is already very unaffordable you
know given the high rates and High house
prices it's going to affect rates on
getting a loan to purchase a vehicle
credit card loans any borrowing we need
to do it's just going to be more costly
to do it the interest payments on the
debt is starting to add up and starting
to crowd out the kind of things we want
our government to do I mean the interest
payments now are over a trillion dollars
in fact I think we are now spending more
on interest payments on the debt than we
are on our own National Defense I don't
think that's ever happened in in the
history for which we have data and so
every billion dollars that we spending
on interest to our creditors is a
billion less that we can maybe spend on
things that we care about like education
or defense or rebuilding roads and
bridges is that right that's exactly
right who gets the blame here is this a
republican problem is this a Democrat
problem is it is it really bipartisan if
you kind of add up uh deficit Finance uh
initiatives done under Republican
presidents and add up the deficit finan
initiatives done under Democrats
interestingly enough it comes out to be
about the same so it's a
bipartisan problem we we all are uh
guilty of in Rising deficit in debt that
we're struggling with right now
[Applause]
today's story getting a 10 out of 10 go
workers at Major League Soccer Match in
Philadelphia Pennsylvania between the
union and the New York City Football
Club went on a raccoon asence mission to
trap a raccoon storming the pitch look
at him go dodging Defenders like Messi
they tried to trap him with a trash can
then tried and tried again could you
believe it they finally caught it and it
was okay the Philadelphia unions say the
star of the show was safely released all
right shout out time now to my
Superstars at St Margaret School in
nirth Pennsylvania rise up and we're
showing some love to our friends at
Madison number one Middle School in
Phoenix Arizona let them hear you roar
wild cats take some great energy into
this week if you're off to a great one
keep it going if you're off to a rough
one keep going remember it's not what
we're going through that matters it's
how we go through it mine's right shine
bright I'm Coy wire and we are CNN 10