process about $290 billion and in addition, also changes the circumstance for people on medicare by putting a cap of a maximum $2,000 a year they have to pay no more than $2,000 a year no matter how many prescriptions they have. for all the prescription drugs. which is especially important for people with cancer, and long-term diseases. it s a god send. literally be a god send for many families. second, the bill locks in place lower health care premiums for the next three years for millions of families that get coverage under the affordable care act. average savings of $800 a year for 13 million people. third, invests $369 billion, granted i call for 500 plus, but invests $369 billion to secure energy future and address the climate crisis, bringing down family energy bills by hundreds of dollars by providing working families tax credits. it gives folks rebates to buy new and efficient appliances and weatherize their homes, and tax cuts for heat pumps and rooftop solar, and ta
hang outside the sea. wonderful. new york 83 today. it s really nice. steve: look at that august 16th already. time is awasting, the summer is pert near over for a lot of kids in some of the some of the states they have already gone back to will school. ainsley: hard to believe. where did the summer go? steve: i know. welcome, folks. brian is off today in his dent in the couch is will cain. ainsley: are your kids in school yet. will: first day tomorrow. ainsley: you will be there for that. will: i will be there for that winding down and nothing better than to milk every bit of summer by getting up early. ainsley: everyone wants to know did you find your lug gag? will: no. i think it s somewhere in dallas. gigantic airport. ainsley: have you been wearing this suit every day? will: i keep all my suits in new york. i have had fresh clothes on to appear in front of you for the last seven days. steve: cosmetically, shaffers. will: it s all that temporary
work through the weekend to pass a major tax climate, and health care plan. after almost a year of negotiations. the first votes expected to begin tomorrow afternoon. today, the senate s top democrat laid out key parts of the bill. this is a very, very, very big deal. including producing prescription drug costs, fighting climate, change closing tax loopholes for corporations in the wealthy, and reducing deficit. i believe we will have 50 votes to pass this legislation at the end of the day. as senator schumer said, this bill includes significant ways to have corporate america be more accountable. finally imposing a corporate minimum tax and another, attacks on companies doing stop by buybacks. this is a common practice when they have extra cash and they choose not to spend it on employees, or research and development. instead, they buy back stock to boost its price and hookup their shareholders. now they choose to do that, should this bill pass, they will be hit with a li
favorite historians, as the 11th hour gets underway on this friday night. good evening once again, i m stephanie ruhle. and after a week of very big winds, president biden is on the verge of another significant victory. as senate democrats prepare to work through the weekend to pass a major tax, climate and health care bill, after almost a year of negotiations. the first votes expected to begin tomorrow afternoon. today, the senate s top democrat laid out key parts of the bill. this is a very, very, very big deal. including producing reducing prescription drug costs, fighting climate, change closing tax loopholes for big corporations and the wealthy, and reducing the deficit. i believe we will have 50 votes to pass this legislation at the end of the day. as senator schumer said, this bill includes significant ways to make corporate america more accountable. and i want to point them out. finally, finally imposing a corporate minimum tax. and another a tax on companies do
major victory. we expect one of our first vote on later on this afternoon will get it started. and then it is really in the hands of the republicans. they can offer as many events as they want, and they can talk pretty much over the next 20 hours or they want to. so if they can keep the clock moving, at the end of the day, if we keep our 15 votes together we can be able to pass this bill. also, breaking at this hour, president biden has tested negative for covid today. the president s physician announcing those results moments ago. and just ahead, we will go live to the white house on how this affects the presidents plans moving forward. meanwhile, indiana s past the state of the first state to pass abortions after roe v. wade is overturned. governor erin hoeven signing a total ban on the procedure after lawmakers approved. it senators on both sides of the aisle are getting reaction as the laws set to take effect september 15th. these kinds of decisions are never made i