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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 he s the man to do it. chad, what s 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 of pharmaceuticals cheaper. elizabeth mcdonough has a lot of sway in process. the closer you can demonstrate a connection between what you re proposing and its fiscal impact on the federal budget, the more likely it is that it qualify for a simple majority vote out will. if i it doesn t, if it runs afoul of the rules of the road and/or is more designed to impact private sector activity reporter: on tapped today a marathon vote session with perhaps 15 consecutive hours of votes on a ....
November? what do you think? it s good to be putting points on the board and joe biden has not put points on the board the last year. bills getting to his desk. that picked up recently. i think it depends where we are in the fall. are we does this bill actually fix inflation? it s hard for legislation to fix inlation. usually that s a fed issue and jay powell at the fed. david: although i would argue with you just for a moment because it was a double whammy during the 1980 s that killed inflation was the fed certainly coming down hard, but then this tremendous tax cuts that reagan had and regulation cuts led to ayn crease of supply and of course, the supply and demand and both of those helped inflation back then. that s right. and also remember, the congress has been spending trillions of dollars in the wake of covid. that has certainly had an impact, you know, certainly putin had impact, but those bills certainly have affected inflation. overall, i think it really ....