Page 24 - 369 Billion News Today

With china on the manufacturing of semiconductors and second a sudden possible deal in congress on a massive plan to begin to tackle the climate crisis, high drug prices and address big companies that avoid taxes. the breakthrough after more than a year of negotiations between democratic senator joe manchin and senate majority leader chuck schumer took almost everyone in washington by surprise. the plan would invest $369 billion into energy and the climate, allow medicare to negotiate drug price...

Guess what. that makes that investment in american manufacturing much more expensive, less of it. we made this change, jake, very consciously, predicting, correctly as it turned out, that it would accelerate the investment in american manufacturing. the democrats are going to blow that up. >> you said this isnt going to do anything for climate change, but at its heart, this bill would be the single biggest investment to combat the climate crisis in u.s. history. its $369 billion in new tax credi...

Is trying to look at the text, read it over before she decides where she stands on this legislation, but, of course, she is facing that pressure from her colleagues, her democratic colleagues, to be specific to support that legislation, that would, of course, if passed, be the biggest climate deal in history. now, this is $369 billion for energy and climate change programs. if passed it would slash u.s. greenhouse gas emissions 40% by 2030. huge achievement, cliktmate activists praising this dea...

Drop to just around $20,000 appearance. not to mention, thousands states not paying for gas every week. and the even cheaper level, disability would create a 4000 dollar tax credit for buying used electric vehicles. in other words, gone on the days of electric gate vehicles being a status symbol of seneca valley tycoons, this but would it take already the environmental imperative that we have to stop using fossil fuels, and simply make it the cheapest way to get around. and, these tax credits wo...

Prices. closing the loopholes on the corporate minimum tax. but the chunk of this bill that is truly unprecedented is just how much it is doing on the climate. so whats is the big picture here? what are we getting for the 369 billion dollar investment in this bill? joining us now is leah stokes, professor at politico silence and environmental science at the university santa barbara. and they advise it to the climate activist groups evergreen action and -- america. she is also the host of the cli...

It take already the environmental imperative that we have to stop using fossil fuels, and simply make it the cheapest way to get around. and, these tax credits would also be a massive job creator. so this would lead to tons, and tons of while paying, good for the environment, jobs, and factories, in the u.s.. and all of what i just laid out is just part, just part of the massive 369 billion dollars overall that this new bill would put towards at energy and climate crisis. i know there are dozen ...

To congress is this, this is the strongest bill you can pass to lower inflation, cut the deficit, reduce health care costs, tackle the climate crisis and promote energy security. all the time while reducing the burdens facing working class and middle class families. >> reporter: of course it is much smaller than what he originally proposed when he really tried to redo the countrys social safety net and add major climate provisions and do other things like child and held care costs. this bill wou...

This bill would take what is already the environmental imperative that we have to stop using fossil fuels and simply make it the cheapest way to get around. and these tax credits would also be a massive job creator. so this will lead to tons and tons of well-paying good for the environment jobs and factories in the u.s. all of what i just laid out is just part, just part of the massive $369 billion overall that this new bill would put towards our energy and climate crisis. another dozen things t...

Dedicate $369 billion to the fight against climate change and give a real shot in the arm to the biden agenda ahead of pivotal mid-term elections this fall. one potential roadblock, democratic senator yrsten sinema who refused to say whether she will support the bill and was missing during the session yesterday. have you seen senator sinema? will she vote to support it? >> im not her spokesperson. i know this is a big bill and she was deeply involved in getting the chips bill enacted into law an...

Spending deal. president biden hailed the measure as a giant leap forward for the country and urged lawmakers to act quickly. >> pass it. pass it for the american people. >> reporter: the bill is sharply scaled back from democrats initial proposal more than a year ago but it aimed to lower premiums for individuals who get their health care from the affordable care act and through changes to medicare that could lower some prescription drug prices. it also includes the largest investment into figh...