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Is very likely, but i think we took a useful step in giving the fed a little more running room with the legislation that senators schumer and manchin have agreed on if that legislation can pass as expeditiously as possible. >> larry summers, you've been right in the middle of it. we appreciate your time this morning. thank you. >> great to be with you. so a lot of news this morning, including this deal between joe manchin and chuck schumer and the proposed prisoner swap with russia. we will have white house communications director kate bedingfield to talk about it all. cassidy hutchinson i...

Theirst operations. as a result, employers will slow hiring, cut hours and fireworkers, leaving families money.ess in the floodless language of economists, that's referred to as dampening demand. make no mistake, she continues, if theak fed cuts to much, or t abruptly, the o resulting recession will leave millions of people disproportionately lower wagepr workers and workers of color with smaller paychecks or no paychecks at all. what does she think we should do to stem rising inflation? joining us know is senator elizabeth warren.in senator,en thank you for being the show tonight. >> good to ...

Senators Schumer and Manchin agree to bill on Democrats' priorities. President Biden will soon talk to China's leader. Secretary of State Blinken to discuss jailed Americans with Russian counterpart.

It's a very narrow pole, balance beam, that the administration is trying to walk right now. it's interesting to see. i think her visit may not be seen as coming at the best possible time. at the same time, they don't want to say she won't do it. >> we're going to have to jump in because the president has just come out to talk about the economy. let's listen. >> i spoke with both senators schumer and manchin and offered my support for a historic agreement to lower inflation and lower costs for american families. it's called the inflation reduction act of 2022. some of you will see a lot of simi...

Nearly $70 million in grant funding has been awarded to child care programs in New York State.