chuckat schumer, released a joi statement, with senator manchin saying that theem west virginia democrat will now support, not oppose, but yes, support the democrats rt big new budget dea. despite objecting to it, just two weeks ago. now, we don t have all the details yet, but a one-page summary says that the deal will make progress in some pretty big areas. including a 15% minimum tax on corporations, along with other provisions to make the ultra wealthy pay their fair share of tax. lowering affordable care act premiums for millions of americans, allowing medicare to negotiate the price of prescription drugs, something democrats have been trying to achieve for over a decade. decreasing energy production and decreasing carbon emissions over the next 40%. which would be huge. and 725 pages. obviously, this is not a done deal yet reactions from other democratic members of congress have ranged from cautious optimismge to outright frustratn at having apparently been kept out of t
bringing down costs for families, and putting the country on a sounder economic footing. so you ve described this bill as manchin and schumer as anti-inflationary. the fed has been doing some anti-inflationary activities this week. you warned that jerome powell shouldn t raise rates again, but he did today. d another historic rise. how worried you are now of the prospect of interest rise reducedpr recession in the comi weeks or months? i m very worried. and the reason i m worried is that using the one tool that the fed has, which is to raise interest i rates, and using it aggressively to pound on this economy, when it doesn t address many of the costs that families are feeling directly, is not a way to help families out, and will not address some of the biggest drivers of inflation. in fact, just a few weeks ago,