hey everybody, i'm yasmin vossoughian. if you're just joining, us welcome. if you are just sticking with, us thank you. it's good to see you. senate democrats, they hit a little bit of a snag in their push for a vote today on this

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 need really, to impact the needs of working families. >> let's go to the senate floor now where i believe we also have vice president harris currently on the senate floor. if we have mics on the senate floor, can we open it up to listen to see what's happening? >> an act to provide for reconciliation the title two of ex congress 14. >> madam president. >> mr. majority leader. >> madam president, it's been a long tough and winding road. but at last, at last, we have arrived. i know it's been a long day, and a long night. we have gotten it done. today after more than a year of hard work, the senate is making history. i am confident the inflation reduction act will endure as one of the defining legislative

eats 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. this bill will kickstart the era of affordable clean energy in america. it is a game-changer. is a turning point. it has been a long time coming. to americans who have lost faith that congress can do big things, this bill is for you. to seniors, who face the indignity of rushing medications or skipping them altogether, this bill is for you. and, to the tens of millions of young americans who spent years marching, rallying demanding that congress act on climate change, this bill is for you. the time has come to pass this

historic bill. i ask -- >> the question is passage of hr 5376 as amended. >> i ask for the ace and nays. >> is there a sufficient second? there appears to be. the clerk will call the room. >> i. >> mr. barasso. >> nay. >> mr. bennett? -- [inaudible]

>> okay everybody, i just want to walk you through what is happening on the senate floor right now. so we just heard from senator schumer there, at the beginning of this final vote now being tallied. it's on the inflation reduction act. as you saw, vice president harris there as well to be the official tiebreak are there in this vote. as you see there, they are now calling role for this final vote on the inflation reduction act after a marathon of work they have done on this thing. the last 24 hours or so, senators really up all night having to deal with this vote-a-rama. now we are seeing the votes being tallied on the senate

floor. we are awaiting the official passage in the senate of the inflation reduction act, in which case it will then go back to the house where they will reconvene on friday for their vote. after that, it will go to the presidents desk for final passage. we want to bring in nbc's julie tsirkin who's on capitol hill and editor in chief of the hill, bob cusack. guys, let's talk through some of the nitty-gritty of all of this, as we're watching this vote finally take place on the senate floor. it's something we've been holding out for for quite some time. after this marathon of work they've been doing. julie, let's start with the day of all of. it we had hit a little bit of a snag, which we thought was going to throw everything off course. it seems like it didn't necessarily. how did we get here so quickly, even with the and prove all of the amendment from republican senator, john tehran? >> look, it represents two major changes.

one on the insulin cap, no one on this minimum corporate tax provision. not only sinema voted for but other vulnerable democrats in the midterms as well. this wouldn't make major changes to the bill in the green scheme of things. they are still getting the deficit reduction numbers they wanted, they're getting the climate pieces, like getting the tax pieces and they're getting the drug pricing and health coverage costs of this. sinema wanted this change made, again, democrats need all 50 democrats in line to pass anything. so regardless of what senator manchin thinks about it, or other democrats, they need to make those two weeks to get her on board. what happened here, just real quickly, is that they took that provision out, which means that some large businesses, private equity, who have smaller investments who didn't want this part of the bill that is not going to be in there. they took the provision out. instead of adding state and local taxes as the pay for, democrats had another idea, which is extended a provision that is already in place since 2017. it was extended again in the

american rescue plan that makes other changes to how some corporations can write off the losses when they're paying taxes. big picture, not many changes that the american people will see and feel as a result of what was made today to accommodate all 50 senate democrats on this bill. but as you can see, we are in final passage. vice president harris is there, she is presiding over this. fauci is expected to cast the tie breaking vote in just a couple of minutes when they get this together. then we will go over to the house. this package the democrats will put together and negotiated largely by senator manchin and schumer behind the scenes. it is gonna move forward. i think that's the highlight here for democrats. >> bob, talk to me about how quickly it seemed as if the democrats could adjust things for this paid for -- >> a number of house democrats

proposed totally revamping was passed in the trump tax law. they're not gonna get. that that would not have been acceptable. this is a bit of a rollercoaster of the last hour, but as you heard, chuck schumer said that they made some tweaks and the bill is the bill, it's gonna go to the house. it will likely pass. this has been ugly sausage making, but it always. is >> it always is. but i'm wondering, did they see this in the pipeline? because they were able to so quickly readjust and move forward, they see this coming in the pipeline? because remember, yesterday when we were all talking there was obviously this effort by the democrats to vote no to all amendments so they could move forward quite easily on this legislation. but obviously, at the end of the day, it did not happen. did they see this legislation from thune in the pipeline, and where they ready for it bob? >> they were ready for, it but the same time, as he mentioned democrats united against all these amendments. they didn't want to derail the

whole bill, including amendments by senator bernie sanders. they knew this could be a problem. they did not expect sinema to back it, and she did. once you have one person backing it on the democrats side, you had a few other vulnerable's. so yeah, this was a setback and a win for republicans. but this is a big picture big win for democrats. it's a long time coming, third not getting three and a half trillion dollars that they want, but they're getting a significant bill. >> certainly a major. one the next conversation we're gonna have is how they're gonna take this to the streets to sell it to the american people and to really turn this legislation all -- the legislative wins they've had over the last few months into votes. julie, you talked about the energy on the hill. obviously even covering it overnight, through all of this. we're folks worried for that moment, when it seemed as if there may be -- >> of course they were worried. i was hearing from democratic

aides who are calling this a train wreck. they were calling this chaos. they were saying they were trying to build the plane while they were crash landing. it that is a term one democratic aide used to me. the problem here is that of course they needed senator sinema from the beginning. i kind of saw this as an issue that could have percolated last night when i saw the arizona chamber of congress really take to this provision that was being pushed by republicans, especially on twitter and social media, as something that senator sinema could take issue with. when this was all happening this afternoon, i think some democrats, including senate finance chair, why did, had an idea that this could have been an issue for her. they knew, like i said, that all 50 senate democrats need to get on board and they need to make that concession in the end. senator manchin wasn't too happy when we were talking to him earlier. he walked out of the chamber saying, it's over, telling reporters that they made. it they passed the bill. i think that's really where you have to look for when you look at the last year and a half in trying to do build back better and trying to do all of these things. progressives, essentially, said

well if senator manchin and sinema can write a better build and go for it. to it. nobody really thought this was actually gonna end up in fruition. the fact that they are voting on it now is actually a huge deal. >> julie, is it over than for today? once this passes, they are all done, and then until friday it goes back to the house for passage in the house? >> yes, senators are already string out. we have reporters standing outside. they're saying they're coming out there. they're getting in their cars, they're heading. home this goes on to the house at the end of the week. >> bob, can you just talk to us a little bit -- i'm not sure if you have the answer for me on this, if you don't, that's fine. but why is it that senator sinema has such a concern for private equity? and tax breaks? >> i'm not 100 percent sure, but she has a very different viewpoint on taxes than others. she didn't vote for the trump tax law, but on extending parts of it she has. it's going to be interesting to see, let the signing ceremony,

and i'm sure they will have a white house signing ceremony. so many democrats are upset with sinema and manchin. yet sinema and manchin did help this version get over the top. so there could be an interesting invite list to that signing ceremony. could be tension, of course no republicans will be at the signing ceremony. >> i know, bob, this is a bigger conversation, a bigger picture conversation. overall there has been this narrative about how is it the two senators have so much power? how is it that this body of government is structured in a way that two senators have so much power? has there been any discussion on the hill about that? what could feasibly be done about that? aside from just getting votes, right? >> yeah. i mean, that is why democrats, their goal is not just to keep the senate, it is to pick up a couple of seats. why? they want to have manchin and sinema not have this much power. it is interesting, over the

last couple of weeks, democrats have a little momentum. they're passing this bill. we have republicans like mitch mcconnell and michael scott -- trying to lower expectations on winning the senate. it's a very different environment politically for senate democrats than it was about a month or six weeks ago. >> there's obviously some optimism. i spoke to some senators on the area today amidst the passage. along with all of the got done over the last couple of, months the momentum leading into the midterms hoping they are going to change the narrative that has been put out there, that they were likely to lose control of congress. seeing this as possibly a shift, both to the biden administration and house democrats. they want to bring in a more one -- if you to, both julia and, bob withstand by as we're watching the votes coming in. morrow, talk to me about what you're hearing from inside the white house? i know the president has been following this closely. he's gonna be notching this as a win, as he should be.

and whether or not we're gonna be hearing from him today, as he left the white house earlier, going to delaware. >> yasmin, we've been talking for weeks about how the inflation production act is really pared down version of the presidents build back better plan. the key elements coming out of it is something that the white house been touting to tackle inflation. they're really looking forward to this act that could bring down the deficit by 300 billion dollars really helping with inflation. this is all added to the winds that we've seen intermittent of dropping gas prices, job numbers in recent weeks. we haven't heard official announcement from the white house whether the president will address the vote here, especially as the vice president is set to take that high breaking vote. we learned yesterday that the vote on the hill saturday that she has done the most tie breaking votes of any vice president since the early 1800s, which is really telling to show how difficult it has been for the white house, for democrats to get these legislative wins in the last few years.

in terms of what we will hear from the president in the white house and what they're saying, we sought some frustration. andrew bates tweeted out that republican senators had chosen corporate welfare over the middle class pointing out how expensive insulin in's -- price gouging families, prescription drug prices and lowering the cost of those was something that the white house is looking to make sure was included in the bill. we haven't heard any reaction specifically around those tax provisions, but obviously, like you said, depending on how this goes as it goes to the house we've seen a lot of big celebratory bill signings from the white house and we are expected to see even more this week. this will be just another one to add to the docket for president biden. >> still watching the senate floor, stand by for me. julie two isil have? you >> i'm here. >> good, my control room -- can you guys bring up our full screen of what is in this bill. julia, put you on the spot

here. a kind of wonewoc through wet is in the inflation reduction act, for those that are watching these votes coming in so we can get a clear sense of what it's gonna be offered to the american people. >> we are seeing on the screen is the climate clean energy piece of this this is also the health care and tax component. on the climate piece of this, it's obviously not everything that democrats wanted. it is everything they could get with 50 democratic votes right now in the senate. you have the methane reduction program, you have extending obamacare which of course is on the health care part of this, but with the climate piece i mean electrical credits are going to be extended up to people making $75,000 a year for used cars hundred and 50,000 for your news cars -- new cars. -- and west virginia, where they're trying to transition folks who are making pretty good money and they're cold jobs that they've had for -- >> julia standby for just one moment. we're going to the senate for,

the vice president is speaking. >> and the bill, as amended, is passed. [applause] >> all right everybody, after 24 hours or so of work on this bill vice president harris being the tie breaking vote on the senate floor today. it seems as if we have confirmation from the vice president herself the inflation reduction pass -- act has passed today. with all democrats on the floor voting in favor of the passage of this bill along with the vice president and all republicans voting against the passage of this legislation. of course, now, this will go to the house on friday. let's listen in once again to senator schumer. >> i have to compose myself a little here. every senator knows an undeniable truths. we can never do what we do

without our amazing incredible staff. they work behind the scenes, they never fall under the spotlight but they do incredible work nonetheless. now that we have finished passing the inflation production act, i want to applaud all of the staffers we already applauded. that's good though. we made this possible. the hundreds of staffers who served in senate offices across the various committees. i want to think every single one of them for their remarkable work in passing the inflation reduction act. i will submit their names into the record to honor their achievement and preserve forever the role they played and bringing this bill to life. i ask unanimous consent to have the names of all of the committee staff who contributed submitted into the record. >> without objection. >> to the floor staff,, particularly the parliamentarian who worked so hard under not easy conditions, and especially since we had to

do so much in total short period of time we thank you so. the clerks, the doorkeepers, the reporters, thank you. thank you to the pages, who worked overtime to help us in this historic endeavor. you will tell your grandchildren you were here, you were here. thank you to the cafeteria workers, custodial staff, and capitol police. the senate can't function without all of you. and,, i think the office of legislative council, the joint committee on taxation, the congressional budget office. and of course, i cannot forget my own staff. the best staff ever on capitol hill. my members know it. my members know how good my staff is. i am so dedicated to them, the best in the business! of course, every senator thinks their staff is the best on capitol hill, but in my case, it happens to be true. to mike lynch, who has been with me all these years.

so strong and steadfast and steady. to his deputy chief and my deputy chief, aaron soccer vaughn, another person who's been here a very long time. he is just amazing. we prize her for her eq, among other talents. she told me that. to martin brennan, another, michael inches. well they've been with me since i started being senator. they are just such rocks in our office. incredible. the team of husband and wife who have done more to save the earth this year than just about anybody else. that is jerry petra and megan tira, they met, they got married on my staff, they have a beautiful boy george. when you have two people so important. a policy director into legislative director, and a little child, it is, tough but they managed to be great parents at the same time as

being great and amazing staffers. they are brilliant, they are just brilliant. my executive team is world-class. emily swede, kelly carney, abby katrina and race ashore who just left a few weeks ago. an amazing press team, justin goodman, alex wynne, nickname is win. -- jonathan your we are today, natalia cardenas and everyone on the digital team media center to who works day and night to record, added, finalize photos, graphics, videos of every sort. they are a blessing. i want to recognize my press staff in new york, they are just incredible. i'm just so blessed. angelo farrow, ali be a saudi, page -- my speech writer, tony rivera. i rapid response director, dan

yoke. and the amazing team of researchers -- tie a, suwannee and mikal tessa. gabriel abalos, grace canada are. people doing an amazing job reaching out to the community. incredible. they talk to other groups and make them feel part of what we are doing and they know what we're doing, it is so wonderful job that they do. a brilliant legislative team. brilliant! brilliant is an over used to work, but it's not over just in the case of my staff. the idea is they come up, with the may they managed to get everything done, it is amazing. tim writer, adrienne benny, matt fuentes. -- >> mr. schumer speaking there on the senate floor. taking a victory lap with the passage of the inflation reduction act after 24 hours or

so of hard work on the senate floor for democrats. the passage of all democrats voting in favor of the inflation reduction act. all republicans voting against it, of course, the tie breaking vote was vice president harris. let's bring in liz smith, who is a veteran political consultant, author of a new book, any given tuesday. elizabeth, it's good to talk to you as we're watching this historic moment. senator schumer taking this victory lap, with the passage of this legislation, this monumental legislation. it's been quite a clip for democrats over the last few months or so, the lead up of course to the midterms. talk about this moment and your reaction so far to what we've been seeing. >> for the last couple of months there's been this narrative setting in about joe biden that he's weak, that he's an effective, that he wasn't able to deliver on his promise of getting bipartisan results for the american people.

in the last three weeks he has completely obliterated that narrative. you know, we had the chips act come through, which is a massive investment in american manufacturing that allows us to compete with china. we have the killing of zawahiri, which was the biggest victory in the war on terror since osama bin laden was killed ten years ago. now we have this massive bipartisan reconciliation bill, which will do big investments in clean energy, bring down inflation and provide costs -- high prescription drugs. for all the talk that biden was weaker ineffective, he has wiped that out. it is a very good thing for democrats going into would look like what was going to be a very difficult mid term. >> i just want to mention, senator schumer is also holding a press conference just a little bit. as soon as like it started

we're going to bring that to you as well with the passage of this inflation reduction act. liz, talk to me about how you translate this into votes now, with just a couple of months left in the midterm elections it has become abundantly clear, democrats don't want to be in the same position there and now, to senators hold all the power. that is senators manchin and sinema. in order to change that, they need to get the votes. they need to gain seats. how do you do that now with all the success they have seen over the last few months? >> let's credit where credit is due. joe manchin helped negotiate this. no one expected the u.s. senator from west virginia to be the one to lead the charge on this revolutionary clean energy bill. but you are right, it's not enough for democrats to have 50 votes in the u.s. senate. we need to hold our majority and we need to expand on it, so

that we don't have to hold our breath every time a vote comes to the floor. the way that we do that as we make the choice very clear to american voters. there is no greater example than this reconciliation bill today. we will bring down the cost of inflation, it will bring down the cost of prescription drugs, it will create good paying jobs in the clean energy sector. who supported unanimously? democrats. who opposed it? republicans. the reason why republicans have opposed so many of these things is not because they are radical ideas, these are hardly socialist things that the democrats are pushing. the republicans are opposing these bills because they want to impose as much economic misery on the american people as possible in a dark cynical ploy to get voters to turn against democrats in the midterms and vote for republicans. democrats need to be laying at that contrast and screaming

from the rooftops about it every single day of the week. >> as we await this press conference from senator schumer, were watching him take the victory lap on the senate floor. as leader of the senate, i know you know senator schumer. what is this moment like for him to you think? >> it's great. and i have to say, i am someone who had been critical of some of the moves that he had taken as leader on abortion, for instance. i thought that the bill that the introduced was symbolic and not going to really help democrats advance our cause on a very important issue. but this really shows that he has grown into his role as majority leader. and to be able to hold the caucus together. you know when he announced the bill with joe manchin, even his fellow senators were shocked. kudos to him on his leadership here as well. >> liz, if you, would cody standby. i want to bring back into the

conversation, julie sorkin, who's on capitol hill along with bob cusack. julie, talk to me. i know you're standing outside in the halls there. senators are beginning to trickle out. hoping work can get one of them on camera talk more about this momentous time for democratic senators in the passage of this legislation. whatever you've been hearing in seeing so far? >> yes, senators are trickling out of the chamber, leaving the hill. some with tears in their eyes. democratic senator, tina smith, had tears in her eyes. she is so thrilled that this finally got across the finish line. majority leader schumer saying that this bill is going to change america for decades. they are obviously touting the climate tax and health pieces of this bill, at what that will mean for millions of americans across the country. especially as they have tried to get this passed for a better part of the last year. ave trie to getfinally coming to this mot where they are past the finish line, they got this done. vice president harris actually just had a lengthy conversation with reporters as well just, touting the importance of this legislation and what it means

for the biden administration as well. for the midterms this gives the momentum that they have been lacking over the last couple of weeks, especially. they should feel good heading into the august recess with where they stand. >> julie, i'm giving you the open invitation to tell any of them to come on camera if they want. you can just move aside and the senators could step in. the invite is out. there make sure to extend that invitation to anybody who comes by. bob, let me go to you as well. some reporting that you've been getting and with the passage of this legislation, what have you been hearing? >> listen, democrats now do have something to run on. they have been struggling to find a message. yes, the abortion decision from the supreme court with something democrats are talking about. democrats think they have the significant polling advantage on that. now they can talk about this though. this is significant. it is going to be a pr battle

between republicans and it regrets. he saw favre president trump go after manchin over the weekend last night for his support of this. you know, a lot of republicans were praising sinema and manchin. now they're not. so now it's game on and it's election time. this is going to be front and center of the entire fall debate, whether it is house, senate, other races. they're gonna be talking about this bill and whether it's good for america are not. >> let me ask you this question. should democrats concentrate more on their winds or concentrate on what republicans were not able to do? i, effected not step up to the plate to vote for the things that they made sure were not included in this bill. for instance, when it comes to a cap on insulin, something that affects certainly a lot of older americans in this country that don't necessarily have the money to pay for insulin. it is becoming more and more expensive admits to inflation. >> listen, it's always good to

be touting but you passed because that means you can govern. certainly, throughout this congress, and i think democrats honestly raised expectations too high. they didn't have the votes to pass sweeping tax cut legislation. they're not repealing the trump tax law, for instance. they were able to finally unite around a big deal. o they passed infrastructure bills, chips bill recently. this is the focus. they needed to pass some kind of health care bill. there is patrician -- prescription drug language there. they pass the covid bill, but they needed something else on health care. they got. it >> bob, a few would stand by. liz smith, standby for me as well. i'm bringing in senator chris coons of delaware. he has come to our camera. after 24 hours or so of hardware, that you are awake! we appreciate you joining us! your kind of awake? [laughs] talk to me about this moment, senator. >> it is an incredible moment of accomplishment.

i am so excited to see what a difference this is going to make for millions of american families. it has been months in the making, having this bill pass with 51 votes, all democratic senators and the vice president, was a really thrilling moment for me. i'm so grateful for my colleagues, my staff, for the folks who worked on this and the difference it's going to make in terms of prescription drug costs, health care costs, energy costs and really putting a down payment on fighting climate change. to me, this will be one of the most important accomplishments of this congress. >> senator, and your close to the president. have you spoken with him? >> i have, earlier this afternoon. the president, as always, he is a classic old school senator. he called to think the cloakroom staff who have been here all night. i just happened also have a chance to talk with him. i was so encouraging to hear his warm and personal greetings

to the folks who relate to the behind the scenes work. we've talked recently about other legislation wins that he's just had, the bipartisan veterans health bill, the burn pit bill. the bipartisan bill to invest heavily and bringing advanced manufacturing back to the united states. the semiconductor chips bill. he's doing bill signings for both of those pieces of legislation next week. that is not to mention the recent success of few weeks ago of getting a bill passed that will invest in community mental health, and in gun control. i think this has been win after win for week after week for president biden and the overall agenda that we are trying to pursue here as democrats in the congress. but what matters, jasmine, is the impact it will have for working families, for folks wondering when they're going to get some relief. relief is on the way. >> senator, how can you turn this into votes come november? >> well, by sharing that

message around the country. look, i've been getting calls from folks in delaware for weeks. they are expressing concern about inflation. about how they are making progress in affording things at the gas pump at the grocery store and pharmaceutical counter. this is beginning to make a real impact on that. the price of gas has come down five weeks in a row now in delaware. it is below $4 a gallon. that is the national average as well. we have seen a record number of new jobs created that the jobs report came out yesterday, it was very strong. port came out yesterday,unemplos been since i was four years old. and, i think we have seen a stronger position on the world stage. president biden's leadership helped pull together nato. helped get us stronger in the indo-pacific. put us on a stronger footing in the world. whether it is here at home, with job creation, with tackling inflation, or with making big impact on manufacturing and climate change.

or it is how we are seeing in the world. president biden and the democrats in congress have a stronger than ever record to run on. >> senator coons, i know you're tired. i have one more question. it's taking us behind the scenes, i'm fascinated by the moment in which the amendment passed by republican senator, john thune. some folks were staking in their boots because of senator sinema voting in favor of the amendment. we saw the passage of that amendment and how quickly it was that the democrats were able to come up with that pay for and move forward. >> yes. that had been worked out in the hour or so before. there was a lot of behind the scenes important work by the floor staff, by leadership staff, by folks from the finance committee. and we found a solution, a way to make sure that all 50 members of our caucus stood together, that we were able to get this bill over the finish line even though we had two weeks okay. just some happens when you go

through this crazy process called vote-a-rama and reconciliation. often something gets knocked down by the parliamentarian that you have to replace at the last minute, or by an unexpected amendment vote, as happen today. i give a lot of credit to leader schumer and his staff who were on the fly, managing this process. into my colleagues. there were folks who didn't get everything they wanted in this bill, me included. i wanted a civilian climate cord very very badly. it's something i worked hard for. but in the end, this package, which does more for climate than anything we've done in my lifetime, and makes a real difference for prescription drug prices and energy costs, health care costs, it's gonna make a big difference for a majority of americans. i'm proud to support this bill today. >> senator coons, you said on the record, this crazy process. you said it! not me! processwe were all thinking it. that is for darn sure. i will let you get sleep, senator, thank you so much. congratulations to you and your

colleagues. we are continuing to track the passage of the inflation reduction act, and also a press conference coming from leader schumer as well. we will bring it to you a soon as it begins. we'll be right back in a bit. we'll be right back in a bit. trelegy for copd. ♪ birds flyin' high ♪ ♪ you know how i feel ♪ (coughing) ♪ breeze driftin' on by ♪ ♪ you know how i feel ♪ copd may have gotten you here, but you decide what's next. start a new day with trelegy. ♪ ...feelin' good ♪ no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed.

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50. senate being equally divided. the vice president votes in the affirmative, and a bill, as amended, is passed. >> vice president, kamala harris, announcing the passage of the inflation reduction act. as the tie breaking vote there. senator schumer taking a victory lap, after that we are now seeing a trickle of senators leaping at the capitol after 24 hours or so, in which they had their vote-a-rama which lasted amidst that entire time, around 16 hours. you're seeing the podium and which senator schumer will be addressing the nation, taking questions, hopefully admits the passage of the inflation production act. we're getting a statement in from senator sinema as well. was one of the major voters in order to pass this legislation, one of the major negotiators at

the very end of it. saying that we're proud to a negotiation ensured the inflation production act passed the senate. it moves one step closer to law. it will help arizonans build better lives for themselves and for their families by lowering prices, making health care more affordable and accessible and securing arizona's water and future -- we accomplish these goals to swell boosting job -- arizona's economy can continue to grow and thrive. we want to bring back into the conversation bob kusilvak, who standing by as well with liz smith. bob, let me go to you as we're waiting. senator schumer, to begin his press conference, they're addressing the nation with the passage of this legislation. of, course hopefully taking questions as well. what do you expect to hear for the senator? >> well, i think you can see some spiking of the. ball this will be a difficult process. we've been talking about this for literally over a year. it has been a rollercoaster, up and down. the bill has been changed 1

million times. so now, at the same time, as you were talking to senator coons, he said help was on the way. democrats also -- the prescription data language is not gonna be available tomorrow. you have to implement a lot of the stuff of the bill. there has to be some patients, even though this bill just passed that it will be sided to law sometime next week, the provisions take a while to actually implement from the government. and so we saw that with the obama care website, you have to be careful on implementation to make sure it's implemented the right way. >> that's a good point, liz. because i think it is one thing when you talk about the passage of this legislation and what it will do, it's another thing to see the real world impacts of how it actually gets turned into votes. it's the real world impacts the, way in which the legislation is communicated to the american people. democrats, at, times have fallen short when it comes to communication to the american people on their winds. how do you ensure that they

accurately communicate that legislation. there are winds here. it could take some time for these changes to be implemented. >> i do agree with bob on this, we're not gonna feel the impacts of this felt tomorrow. in fact, it might take a while to feel the impacts of this bill. that doesn't mean we need to wait in terms of when we start communicating about it. while the impacts might take a while, the intent of each party was made very, very clear with the vote today. the intent of the democratic party, the focus of the democratic party, is providing relief to families we know are feeling pain from inflation. whereas the intent of the republican party, is to ignore. it again, as i said earlier these are not radical proposals that were in this bill today. these are provisions that were supported by republicans,

republicans like john mccain a decade ago. so, democrats should go out and say you know what, democrats, republicans are both on the record on these issues, it's a democratic party that's on your side, the democratic party that wants to provide you really. >> bob, are you expecting issues in the house when this goes back to them on friday for a final vote before heading to the presidents desk? >> not with nancy pelosi being speaker of the house, absolutely not. [laughs] i'm not saying it's gonna be unanimous, there could be one or two democrats that vote no. but this is gonna pass. i think it's worth noting, it's very important that democrats opted to pass the obama care subsidies through 2024. that would not be hanging in the presidential election year. they can use it as a bit of a weapon to say, okay, nominee republican would you continue those subsidies are will, are you seeking the outright repeal. policy wise and politically

that was. smart >> -- on the hill as to what's stands out the most to a lot of legislators, which issue within this legislation is standing out, are they caring about the most? >> well, whether it actually does a significant job and reducing inflation, that's a big factor we're not so sure. i think it's the prescription growth. this is a lobbying fight between air p and pharma, it's not like once i get but arp -- >> i don't mean to cut you off, that's exactly what i was gonna say. they took the hits when it came to prescription jar pricing that was the one thing both in the parliamentarian, earlier on today as well that took some major hats when it came to prescription drug pricing, things they want to get across the finish line. >> that's right, yeah. that's what legislation it's. especially in a 50/50 senate and basically a 50/50 house. you will get everything you

want, you are talking to senator coons eating get everything he wants. they got something, it's more significant on climate than i thought that joe manchin will go along for. if you talk to activists they wanted more. they always do. but they were pleasantly surprised. >> do you think he was feeling pressure because of his reputation as a senator, that's why he finally got on board negotiating with leader schumer? >> i interviewed manchin a lot, he really, really wanted to pass. something that he didn't want to pass with bernie sanders won it back. as he changed. it he used his power and his leverage, while he had that leverage in the new senate, we'll see if democrats retain or -- the majority. and all likelihood, the house is gonna flip to republican. this type of bill may not pass next year because you could have the biden government, or some type of reconciliation. bell yeah, i think manchin felt some heat, senator sinema felt some heat. remember, both are up for

reelection in 2024. there's a lot of talk about primary challenge against senator sinema in particular. >> hence, the region what she's feeling all the pressure within our state especially where was she was gonna land on this legislation. bob and liz if you would stand by, we'll continue be watching the hell there, and leader schumer i'm taking that threats conference any moment. now i want to go to the white house quickly, they're standing by with a statement from the president i missed the package, the passage of the inflation reduction act. what are you hearing? >> well, yasmin, the president released a statement around the passage as one can expect he's celebrating this news. saying that senate democrats sided with american families over special interests today. he said they lower the cost of project description drugs -- in the state and he goes down to break down how it will benefit american families, seniors, out of pocket spending when it comes to prescription drugs. it doesn't mention specifically anything about the insulin

issue we were talking about earlier in the hour. he goes on to highlight the bill tackles inflation by lowering the deficit and lowering costs for regular families. the end of the statement he emphasizes that he wants to thank leader schumer, and every member of the senate democratic caucus. saying, quote that required many can't -- always does. he then says that the house should pass this as soon as possible. i look forward to signing that into law. as we know the house could take this up soon a friday. obviously, as quickly as that happens we can expect the white house to cite that in as quickly as. well we know the president -- for the rest of the day we did receive a liz -- on camera making any remarks about this. but he's celebrating with that today as well as many white house staff tweeting out all the legislative winds we've seen from the president, he's been isolating with covid until. today >> we spoke to the senator earlier today that the president was in touch with

him. during this process of passing the inflation production act. thank you for. that will continue to follow you -- everybody on capitol hill, the passage of this moment and let inflation reduction out much more coming up we, we'll be right back.

welcome back everyone, we're following the breaking news from washington, d.c., on capitol hill early where they at the passage of the inflation reduction act after 24 hours or so in which 16 of those were part of the vote through the night. the senator stayed in washington make sure this thing got through, all democrats voted in favor, republicans voting against it. with the tiebreak beating the vice president there. announcing the passage of this legislation. i want to bring back into the conversation her final thoughts bob cusack, and elizabeth. bob, let me start with you on this. we're talking about what you expect to happen next as we look forward to friday in the house voting on this bill

before it hits the presidents desk? >> well, one of the things i'm looking forward to is looking at -- next couple. weeks is gonna pass in the house as we discuss. joe biden's numbers have been stuck in neutral. they've been in the high 30s, low 40s. even though there's been some successes in legislation surprisingly moving in electioneer. will he get about from this, he did not get a bump from the bipartisan infrastructure bill, this has been more of a partisan battle. so, we'll see that's a key thing. i'm sure a lot of democratic, tough reelection races this fraud. they want to see his numbers stand up in the 40s. >> senator schumer is speaking now. >> thank you. all right, so, as you know it's been a long, tough, winding road. at last, we've arrived. and we are elated. every member of my caucus is elated about what happened. because we've really, we've

changed the world. in a way that you rarely get an opportunity to do that. with the inflation reduction act, this summit democratic majority as achieved with countless others have come to washington promising to do, but ultimately failed to deliver. i'm really confident that the inflation reduction act will endure as one of the defining feats of the 21st century. we did it without a single vote to spare. to do something with 50 votes, is raf to do small things with 50 votes as rough, to pass such a major piece of legislation with only 50 votes and intransigent republican minority. a caucus running from bernie sanders to joe manchin. wow! and i give such credit to my caucus. they are amazing, they pull

together, throughout these last few days every senator i said please, don't offer this amendment, don't vote on this because it could pull apart the bill even though you might need just about every single person cooperated. it's amazing. i'm just, you could see how happy everybody was when the bill passed. our bill reduces inflation, lowers cost, create millions of manufacturing jobs, enhances our energy security, and is the boldest climate package in u.s. history. the senate has now passed the most significant bill to fight the climate crisis ever. and it's gonna make a difference to my grandkids. the world will be a better place for my grandchildren, because of what we did today, and that makes me feel very, very good. very, very good. this is sort of like the creation of the epa and the

passage of the clean air act half a century ago for legislation marks a turning point in our nation's commitment to protect our planet. and the senate has finally also taken on big pharma. and will after decades of trying be able to negotiate lower prescription drug prices. the inflation reduction act is gonna lower prescription drug costs for seniors. that's, ever since i got here, in the senate in 1999, we've been trying to do. this and finally we have. in a major way. and don't forget, we kept the price of insulin for seniors on medicare at $35 a month. this was added to the bill yesterday. and it's a big, big win for millions of seniors. according to -- one in every has diabetes. 3.3 million medicare beneficiaries are one or more in common forms of insulin. in 2017, republicans passed legislation that added two

trillion dollars to the deficit using reconciliation. this senate, democratic led senate, has passed a bill that does all of the above and still reduces the deficit by hundreds of millions of dollars. and joe manchin was -- and left his real imprint on this bill with deficit reduction. which i think, all of my caucus happily follows. and i want to again thank, the leadership artwork and persistence of all of my colleagues, their teamwork, spirited teamwork, their knowledge that we had to gather to get something done. awesome to me, not awesome in the way the kids use the word but in the biblical sense. it's a tremble, in abu for the angels of god. just amazing. the american people as you know are overwhelmingly support the legislation. it's not hard to understand white americans feel this way. we are delivering all the