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interest rates in hopes of slowing inflation. and this morning, a key report could provide a better outlook on our economy's health. meanwhile on capitol hill, senator joe manchin finally agrees to a major deal on climate, health care, and taxes, and we'll break down what's in that reconciliation package. and potential prisoner swap for brittney griner, the state department says there's a substantial offer to bring the wnba star, and another american, back home. good morning, and welcome to "way too early" on thursday, july 28th. i'm jonathan lemire. thanks for joining us. af...

schumer on a major reconciliation bill that would lower prescription drug costs and invest hundreds of billions of dollars to combat climate change and clean energy programs. sinema's support is crucial to get the bill through a 50/50 senate and to the democratic house for a vote. vladimir putin's top spokesman was annoyed the u.s. had gone public about ongoing talks for a prisoner swap to free brittney griner and paul whelan. tony blinken is expected to call sergei lavrov for the first time since the ukraine invasion after shunning him since the invasion in february to talk about a ...

morning. we have major announcements, joe biden will hold a phone call with the president of china. the state department offers a deal to russia to get brittney griner and paul whelan release from jail in moscow. at what price? we have the host of way too early and the bureau chief of politico, and the author of the big lie. we have u.s. special correspondent for bbc news, and the former chairman of the republican national committee. good morning to you all. let's dive in after a year and a half of on and off negotiations. joe manchin has reached a deal with party leaders to pass a n...

president and his fellow democrats first laid out nearly 16 months ago. >> look, this bill is far from perfect. it's a compromise. but it's often how progress is made, by compromises. and the fact is that my message to congress is this -- this is the strongest bill you can pass to lower inflation, cut the deficit, reduce health care cost, tackle the climate crisis and promote energy security, all the time reducing the burdens facing working class and middle-class families. so pass it. pass it for the american people. pass it for america. >> i want to bring in nbc capitol hill corresp...

between the u.s. and russia and how soon paul whelan and brittney griner could be home as we go one-on-one with national security spokesperson john kirby. i'm hallie jackson in washington on this thursday afternoon. carol lee over at the white house, jake ward posted up for us in san francisco, our business reporter. carol, let me start with you. this is time number two we're hearing from the president today on the economic news of the day. >> reporter: that's right, hallie. what you're seeing is not just the president but across the administration, a number of officials are out talk...