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Sinema of arizona? >> this is the whole key for joe biden, senator joe manchin and kyrsten sinema. going to pieces of the package because they know everything is in their hands at this point but i do think you have to have a pretty miraculous 24 hours for joe biden to head to europe without any kind of a deal here. there is so much here still undecided. >> give us updates on a key components here, in terms of the family leave plan, or the child tax credit, or the mechanism to pay for it. there was some reporting last night this is being hurtedly put together, walk us through how messy are thin...

Progress. any conversations, meetings is good news. we saw this pattern play out back over the summer with this bipartisan infrastructure bill, that $550 billion bill where we saw the republicans, we saw democrats come, we saw groups come together. i think we're starting to see a similar pattern again. that's why i think people around the white house have optimism that the, in their view, traditional back and forth negotiations is happening. but for all the talk going on and how glad they are to see talk, they have indicated strongly it is time to start to wrap that talk up. and the urgency an...

Price goes from $550 billion to $1.1 trillion. they're hiding that. richard talked about making sure americans stay healthy. i'm all for that. that gets very hard to do when you have a brand new medicare price control regulation in this bill. essentially, it says that the drug companies will have prices imposed on them based on foreigns price controls -- foreign price controls base on them. if the companies do not go along, they'll be subject to a 95% tax on the gross sales from those drugs. not profits. and according to merck, they believe that will reduce their available money for r&d by 50%...

Medicare bill that was huge. it's not just the 1.5 trillion. there's a 1.9 trillion stimulus bill that already passed. the infrastructure bill would add 550 billion. the extensions of policies like the child tax credit with big expiration dates and the president has committed to increasing deficit spending. so this 1.5 trillion is part of a five or six trillion increase in spending that the democrats are looking to pass in a span of nine months. >> neil: it's interesting too, when you refer to the package that roughly 1/2 a trillion even though you hear the 1.2 trillion, repurpose ago lot of c...

To get the reconciliation bill. one of the things, jon, we're continuing to lose, is both sides are overstating the value of this package. the $3.5 trillion package is over ten years. you almost never hear from that. so if you wanted to bring down the dollar total, one of the ways to do it is bring down the timeline on some of these measures. and on that trillion-dollar infrastructure package, only $550 billion is new money. they're playing funny math the way they're calculating it. we'll see. the question is can they get sinema and manchin to a number on reconciliation that will allow the pro...