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Transcripts For CNN CNN Newsroom With Jim Acosta 20240707



doing important things always does. melanie, i hope you weren t up all night following these twists and turns. getting this bill out of the senate, they ran into some head winds and rocks along the shore in the name of senator kyrsten sinema. how did it play out? as chuck schumer put it, it was a bump on the road. there was some drama before this bill got to the finish line. senator kyrsten sinema was concerned about the 15% corporate minimum tax, impacting small businesses. so she joined in on a republican amendment to address that issue. but it also included an extension of the state and local tax deduction. schumer was told some democrats would not vote for the final bill if those changes were in there. so behind the scenes, democrats were scrambling to come one a solution to prevent this deal from falling apart. they came up with letting sinema support that amendment and added in a different way to pay for the changes. that is the reality of a 50-50 senate. they n ....

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Transcripts for CNN CNN Newsroom With Jim Acosta 20240604 21:03:00

Democrats. it includes a number of key priorities, including extending obamacare subsidies. it includes allowing medicare to negotiate drug prices and a historic investment in the climate. and it also imposes that 15% corporate minimum tax. so now this bill heads to the house, where we are expecting a vote on friday and we are expecting it to pass. and so this bill could very well be on joe biden s desk by the end of next week. jim? yeah, some of those house moderates that they are concerned about because of these last-minute changes, they started to signal they re going to support this legislation. it is headed to the president s desk after making its way to the house. melanie, thank you very much. i m joined now by congresswoman zoe lofgren. before we get to the january 6th developments we want to discuss, let s talk about this land mark vote in the u.s. senate. it now goes to the house. it sounds like it s going to ....

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