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Corporate tax, which was cut by more than the business roundtable wanted it to be cut by president trump, that that's not being fixed with higher corporate tax rates in this bill. so, yeah, we do need to control inflation better in this bill, but the right way to do it is to focus the spending on investment and to fully pay in highly progressive ways for the spending we have. >> well, perhaps -- >> the right way to do it, you know, a lot of democrats won't like this and a lot of people in the administration won't like this. our tariffs are raising prices for consumers to no good end. they are ...

Battle in 2022, yes, the year of the midterm election. so what happened? well, two things. first, new data came out showing inflation at the highest in almost 40 years and a revised cbo score of 3 trillion came out on the build back better plan bill ordered up by republicans that the white house is saying that's fake. to sort it all out, we have larry summers here. he plays a big part in this debate because remember he was prescient. he saw inflation coming and that's why republicans like to cite him in their arguments that more government spending will make matters worse. but is that really w...

Battle in 2022, yes, the year of the midterm election. so what happened? well, two things. first, new data came out showing inflation at the highest in almost 40 years and a revised cbo score of 3 trillion came out on the build back better plan bill ordered up by republicans that the white house is saying that's fake. to sort it all out, we have larry summers here. he plays a big part in this debate because remember he was prescient. he saw inflation coming and that's why republicans like to cite him in their arguments that more government spending will make matters worse. but is that really w...

But if you take a look at, if we were -- if and when, god willing, get the build back better plan proposal, if they are playing less for childcare, considerably less for health care, considerably less for insulin, and go down the list of taking care -- all the things that are in the build back better plan plan, the reason why people think it's going -- econ economist think it's going to diminish the impact on inflation is because it's reducing costs p for ordinary people. >> he thinks the u.s. is at the inflation peak and touted a drop in oil and gas prices. he argues build back better plan bi...

That's how i see it. i want to know when you think. will inflation kill the build back better plan plan? reach out to me via social media. i will share some responses during the program. as i told you, my first guest predicted inflation is coming last winter because of what he said were commitments the fed made and difficulties in mobilizing congressional support for tax increases for spending cuts. so republicans are trying to call him one of their own in this regard, but is he really team gop? larry summers was former treasury secretary under president clinton, former director of the economi...