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the spending showdown is about to go down. chad pergram following it all, a lot of details to pull together, but hes the man to do it. chad, whats happening? >> reporter: david, good morning. senate democrats aim to pass the climate, health and spending bill this weekend, but it may be a long weekend. we just got a ruling from the senate parliamentarian, she green lighted a provision in the bill to let medicare negotiate the cost of prescription drugs. democrats say that makes the cost...

On the new bill, slimmed down bbb bill. its spending government money in order to get us out of the problem of spending too much government money. it just dont make sense at its core, does it? >> youre absolutely right, david. this is inflation caused by government spending and a federal reserve that went haywire with regard to its own expansive monetary policy. printing trillions of dollars and the federal government spending trillions of dollars. so i think -- i have no problem with the texas-...

We cannot take this risk much more further. >> one of the lessons of the pandemic right, is that moving early is better than moving lay. the window for move early, has essentially closed. we have a 550 billion dollar climate investment. which is insufficient to the task. but would be the largest ever. in the countrys history. >> absolutely. >> sitting in the bbb bill. which has now been kick to next year. i dont know any other creative way of saying. we absolutely need to pass this. but we just ...

To $367 billion is in red ink. the real bill they say is 4.7 trillion in spending and $3.367 trillion in red ink. added to the national deficit. why? because of the gimmicks in the bill. this is what joe manchin has been concerned about all along. it has ten years of revenue. in the existing b.b.b. bill, it says were going to pay for three programs for one year out of the ten years. we have one program to pay for for two years. nine programs for three years. one program for four, one for five an...

Adrienne, i understand bbp polls well and this fight going on and i understand they are focused on the deaths in getting this done. they keep fighting about something that right now while its popular that americans are not thinking about. theyre thinking about everyday bills and inflation and the sort of things that help youngkin getting elected when he was talking about tax cuts for grocery bills. these polls and the internal polls i saw yesterday are such huge warning signs. these people keep ...

That ive authored, if you help moms with affordable child care so that they can participate in the workforce again, for instance, then you have more workers, and you have more skilled workers to fill the labor shortages we have. you have more goods and services, and over time, it leads to lower prices. so, i think we have to talk about that aspect of these bills in addition to obviously the substantive components of them. >> okay. lets look on a scale of 1 to 10, what you think the likelihood is...