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MSNBC The ReidOut November 20, 2021 00:36:00 - Vimarsana News

MSNBC The ReidOut November 20, 2021 00:36:00

The build back better bill is passed. >> after months of wrangling in negotiation, house democrats this morning finally passed the landmark bill at the center of president biden's domestic agenda, the build back better act named for the president's famed campaign slogan, it's the almost $2 trillion proposal to revamp this social safety net and provide over due relief to families in need. while it's the inevitable project of compromise, it could be as consequential as the new deal or society. the build back better act provides universal prek for all children ages 3 and 4, paid family and medica...

MSNBC The ReidOut November 20, 2021 00:37:00 - Vimarsana News

MSNBC The ReidOut November 20, 2021 00:37:00

On state and local tax detections and provides over half a trillion dollars to fight climate change and opposing the bill however, republicans refuse to see anything beyond the price tag yet the build back better act strengthens the tax code generating revenue in a responsible way. that means a 15% minimum tax rate on corporations, a surcharge on corporate stock buybacks and an 8% surtax on incomes over $8 million. the revenue raisers would be enough to cover most if not all of the bill's cost. yet, that still was apparently too much for republicans to swallow. in fact, the vote that came this...

MSNBC The ReidOut November 20, 2021 00:42:00 - Vimarsana News

MSNBC The ReidOut November 20, 2021 00:42:00

That so everyone can live in dignity. this will reduce the cost of health care, also the cost of child care and of course, it makes prek universal. it extends the child tax credit. and this is something that keep quit -- creates millions of good paying union jobs over the course of the next decade. we have to talk about this and so much more nonstop and of course, we cannot forget that we passed just two weeks ago the by -- bipartisan inrastructure bill. our roads, our bridges and our highways are in need of repair for more than a generation and people will see the results of that once in a li...

MSNBC The ReidOut November 20, 2021 00:20:00 - Vimarsana News

MSNBC The ReidOut November 20, 2021 00:20:00

America. the build back better bill but the fight for the president's agenda is just beginning and democratic legislators are doing things like legislating, they are legislating. and tonight's absolute worst. you don't want to miss it. "the reidout" continues after this. it. "the reidout" continues after this ♪i'd let you had i known it, why don't you say so?♪ ♪didn't even notice,♪ ♪no punches left to roll with♪ ♪you got to keep me focused♪ i just heard something amazing! now for the first time one medication was approved to treat and prevent migraines. nurtec is the first and ...

MSNBC The ReidOut November 20, 2021 00:38:00 - Vimarsana News

MSNBC The ReidOut November 20, 2021 00:38:00

This morning but had no impact on the outcome. now that the bill cleared the house, it's off to the senate where it faces additional hurdles namely joe mansion of west virginia who could block its passage through reconciliation. joining me now so congressman jones of new york, the deputy wipe for the house progressive caucus. thank you for joining us this evening. >> thanks for having me. >> congressman, i'll start with this. you have to be happy, right? tell me you're happy. what specifically is passing this bill right now if this bill gets passed and we'll get that process later. what does i...