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ambassador. today israel launching a serious of air strikes in gaza, who they were targeting, and the incident civilians that may have been caught up in the cross fire. good day to you. i'm peter alexander in washington. for my friend hallie jackson. and joining me now is nbc news capitol hill correspondent allie vitale and anna palmer. with great gratitude we are all inside with some air-conditioning on this stifling d.c. day. allie, let's walk through this kyrsten sinema, the deal the democrats got. talk about feeling the heat. the at democracy were very concerned how this was go...

And toks buybacks overwhelmingly support wealthy people as well, including a lot of foreign and u.s. companies. so, that swap does not do any harm to the overall structure to this bill. >> let me ask you, senator, finally, big picture, what do democrats do about the sort of paradox of this presidency? on the one hand you have significant bipartisan wins -- guns, infrastructure, semiconductors. the president is supposed to sign that next week. this package if passed would be done only by democrats but a big win for the par ity. and on the other hand you have the president's really low approval ...

Providing rebates to homeowners so that they can have more energy efficiency in their homes that will drive down heating and cooling prices. so, in some specific areas they will go down faster, but even overall, this will put downward pressure on inflation. >> let's me talk to you in more detail about what kyrsten sinema wanted out of this. one of the changes deals with the carried interest provision. basically it's preferential treatment for hedge fund managers and private equity executives. that's how. why lose that? >> well, peter, i supported closing this loophole, the carried interest hoo...