EXCERPT:
COLBERT: “But, Democrats say that moving South Carolina ahead of Iowa will involve more minority voters, given that Iowa is the country’s seventh whitest state. Still, this change will be hard on Iowa’s minority population: Frank. He seems surprisingly happy about it. Speculation is that South Carolina helped Biden clinch the nomination in 2020, so this move makes it abundantly clear that he intends to run for reelection in 2024.”
(light applause)
COLBERT: “Some of the audience is excited about that.”