Stay updated with breaking news from Tax provisions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
awaiting as a major victory heads into the victims as he makes this case that democrats are actually now getting things done. plus the former president bringing his continued focus on election lies to cpac. they are there to talk to the mega faithful. the chinese hacked the machines, labor all kinds of discrepancies. this time they found something different that they hadn t seen before, they re gonna join us ahead to talk more about that. first, to capitol hill, where we expect the senate to finally prosecute inflation reduction act as soon as this afternoon, we are hoping. but not before gop senators forced democrats to take some tough votes. during that vote-a-rama on, amendment it seems another amendment from john 15% minimum tax rate could create some problems for democrats. let s get to nbc s, julia before we see the potential hiccup and talk about that, and who it actually might involve, talk to me first about where we are at this hour, julie. yeah, ya ....
inflation reduction act after a republican amendment in the vote-a-rama past with democrats like kristen sinema, voting in favor of it. this is making the legislative marathon even longer as republicans continue to try to make this process as painful as possible. democrats are painting the eventual expected passage of the bill as a major victory, hailing what is in it for the american people. vote after vote after vote we have done this with no sleep 11 hours straight. why? because we know this bill is finally going to do something about climate change. lift the ban on negotiating less expensive drugs under medicare. and then as the name of the bill says, bring inflation down by 305 billion dollars a deficit reduction. oil need 50 votes. we don t need 60 we don t need any republican votes to do something significant for working families in this country. unfortunately, for fairly well known reasons we have conservative democrats. we couldn t get the 50 votes that we ....
chuck schumer touting this historic achievement. it has been a long, tough, and winding road. but at last, at last, we have arrived. i know it has been a long day and a long night, but we have gotten it done. today, after more than a year of hard work, the senate is making history! i am confident the inflation production act will ensure as one of the defining legislative feats of the 21st century. our bill reduces inflation, lowers costs, creates millions of good paying jobs, and is the boldest climate package in u.s. history. .s history. biden says quote i ran for president promising to make government work for working families again. that s with this bill does period. whether the i.r.a. makes it to the presidents desk is now in the hands of the house. over the next two hours you will hear from key voices involved in that process including the presidents climate adviser and with the irate does to save our planet. congressman mark veasey will be here with his opinions ....
a major energy and health care bill that could breathe new life in his agenda. he urged congress to act quickly and pass it. the fact is that my message to congress is this. this is the strongest bill you can pass to low eriner inflatio tackle costs, and promote energy security, all the time while reducing the burdens facing working class and middle class families. manu raju is on capitol hill for us. manu, how did this come together? reporter: over the last few days, these negotiations between joe manchin and chuck schumer have picked up behind the scenes. in mid-july, the talks broke off for a little bit of time after manchin saw the june inflation numbers about 9%. he came out, he was concerned about it, he indicated he did not want to move forward on climate and energy provisions and tax provisions. at that point, schumer said they could agree on potentially a narrow health care bill. but things changed over the last several days. manchin told a group of repor ....
this is an embarrassment to the senate, to the country, to the founders, and all that they profess to hold dear. comedian and veterans advocate jon stewart is here, standing up for veterans and explaining why this could be a matter of life and death. plus, right now the january 6th committee is interviewing high profile names from donald trump s white house, and they re in talks to speak with even more. welcome to the lead. i m jake tapper. heightened fears that the u.s. economy is on the verge of a recession or is already in one. the numbers released this morning show the u.s. economy shrank for the second quarter in a row. that is the common definition of a recession. this comes just hours after the federal reserve raised interest rates once again, forcing americans to pay more for loans or credit card bills. the official rules of whether we re in a recession will come from the national bureau of economic research. but joe biden is dismissing these concerns. h ....