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that house as a number of important features. it provides for greater accountability over ukraine aid, it forces an end game strategy for war. it includes a loan instrument of the foreign aid to ukraine and the rico act to ensure russian assets pay for part of the bill. unlike the senate bill, the loan system itself is a house innovation and allows for much needed insight. 80% of the ukraine funding will go to the replenishment of american weapons and stocks. our facilities and our operations. it also includes tough measures and sanctions on iran and russia and china at which most of the american people understand that's a necessity in a very important thing. our process and the and ensured each member was able to consider the individual supplemental elements on their own merits which is exactly how the house is supposed to work.
number of features, providing greater accountability and forces an end game strategy and includes a loan instrument of the the foreign loan and ensures russian assets pay for part of the bill. the loan system itself is a house innovation and allows for much needed insight. 80% of the ukraine funding will go to the replennishment of american weapons and stocks and our facilities and our operations. it also includes tough measures and sanctions on iran and russia and china which most of the american people understand is a necess and important thing. our process ensured that each member was able to consider each of the elements on their own merits which is how the house is supposed to work. i know there are critics of the legislation. i understand that. it is not a perfect piece of legislation.
have had the same same outcome we gave our members of voice. we gave them a chance. we gave them a better process and ultimately a much better policy. unlike the senate's blank check, the house legislation has a number of very important features. it provides for greater accountability over ukraine aid it forces an end-game strategy for the ukraine war and includes a loan instrument of this foreign aid to ukraine. and the repo act to ensure that russian assets pay for part of the bill and unlike the senate's bill the loan system itself is a house innovation. and allows for much needed inside. now remember that 80% of the ukraine funding will go to the replenishment of american weapons and stocks and our facilities and our operations it also includes tough measures and sanctions on iran and russia and china, which most of the american people understand is a necessity in a very important
offices convict okay we'll let you pay later. no, that is not how it works. people have to take out loans. i am from jim jordan states. let me tell you something, i have student loan debt and i've worked very very hard. all my friends have worked very very hard. you know who else that that is also affecting? their parents. because their parents are aging, we are starting to be concerned about taking care of. them when you have that debt weighing over you, we are all working hard, nobody want to hand out but the way the loan system is set up, you can't get from under it because of the interest on it. >> where this conversation needs be continued but thank you both. i appreciate it. we'll be right back.
nobody wants a hand out. but the way the loan system is set up you can't get from under it because of the interest on it. >> this conversation need to be continued, i gotta run but thank you both very. much appreciated. we'll be right back. and consumes, replacing thought with worry. but one thing can calm uncertainty. an answer. uncovered through exploration, teamwork, and innovation. an answer that leads to even more answers. mayo clinic. you know where to go. joe biden and democrats in congress just passed a law that lowers costs for healthcare, medicine, and energy bills by making corporations pay the taxes they owe without raising taxes on any of us making under $400,000 a year.
automatically based on what they have filed already inside the loan system. for other individuals, it is very much dependent on how many people actually sign up. it could, according to outside analysts, as much as $500 billion to $600 billion and could fall below that as well. >> phil mattingly, thank you for sharing your reporting with us this morning. >> joining us to talk about this decision is cnn political commentator van jones. van, you know, phil's right if it is a bit of a goldilocks situation in a sense that more progressive democrats are criticizing it, republicans are criticizing it, but in the middle, that's a really big space, this makes a life changing difference for. >> 40 million people this friday are better off than they were last friday. it is very rare you can say that. more than half the borrowers have had more than half the debt wiped off the books. that's a big deal. and i think people don't understand, look, i'm from a generation, we just had to pay it. we just had to pay it and we struggled. i was in my 40s before i paid my student loans off.
criteria and the generosity of certain schemes, for example, the one home discount scheme, and perhaps tweaks to benefits. they describe this as credible, doable, and they are expecting to happen, but questions remain. problem one, if it is £200, that's not going to make up the £700 rise that people are going to see, so it's not going to be enough for many. the second one, with this loan system, it defers but does not remove the pain. and it also relies on the fact or the assumption that wholesale energy bills or costs are going to be much lower in years to come, and that is something the energy experts think is farfrom certain. in something the energy experts think is far from certain. in fact, something the energy experts think is farfrom certain. in fact, it is unlikely and that is before you consider what is going on in ukraine. the third thing i am hearing is that up to now, energy bosses have said they have been in the dark about what the treasury are doing. they are saying, you're going to need our involvement in this. these are complex things to implement and we are not sure we have enough time to put them in place before the bills rocket the
is hidden from public view. so, the belt and road initiative has really created major debt sustainability challenges for poor countries. beijing really has a buyers' remorse problem on its hands. many foreign leaders who were initially eager tojump on the belt and road bandwagon are now suspending or cancelling chinese investments or projects because of the debt sustainability concerns and because changes in public opinion are making it difficult for these leaders to maintain close relations with beijing. chinese banks have defended their loan system and the belt their loan system and the belt and road initaitve. a spokesperson for the china led asianinfrastructure investment bank, which is closely linked to the bri, said "the overarching principles of the belt and road initaitve are sound". and on the concerns about high risk loans the they said "we advocate for high international standards". quick reminder of our main story as a court in london has heard details
The annual five-week series of Tamworth bird walks has begun and three Wednesdays in May remain. Meet at 7 a.m. in the Tamworth Town House parking, rain or shine (but