so some secrets still sealed for now with a judge setting argument this is week on whether to keep the remaining search documents from the mar-a-lago warrant under wraps. team trump wants to make them public the doj wants to keep them not public. plus the new reporting dropping in the last few minutes on top lawyers in the trump white house. who we're learning the fbi has reportedly talked to about the missing documents including the

guy on the screen. >> president biden set to sign the inflation reduction act as it's called into law in just about 30 minutes from now. a huge $750 bill on taxes, climate, health care, we'll take you live to the white house. we'll also take you live out west and to the northwest. the very northwest with the final hours of voting in key primaries happening now in wyoming and alaska. our team out with voters and candidates including one in the fight for her political life. i'm hallie jackson in washington. we begin this afternoon with nbc news justice and intelligence correspondent ken dilanian. "washington post" investigations reporter jacqueline aalamani and chuck rosenberg. good to see all of you. let me do something a little

different. there's new reporting out from "the new york times" here in the last few minutes that two of of the top trump white house lawyers have been interviewed by the fbi in relation to handling the documents that may have been taken from the white house. pat cipollone, we have not confirmed this here at nbc news, but explain and help us understand how pig a deal this would be considering how high ranking the two former officials are and the roles they had as it relates to the national archives. >> sure. so they are high ranking white house counsel officials. pat cipollone, the white house counsel, one of his deputies, they were named to be sort of the interface between the white house and the national archives in the waning days of the trump administration, which means it would have been responsible to get the documents to the right people in the right way. so big important job. and they were senior white house officials. i will this.

i work with pat philbin a number of years ago at the department of justice. and three observations about pat philbin. he's brilliant. he's honest and on the matter that we worked together involving highly classified matters. >> we're learning this new information reported by the times. just 48 hours or so before we expect to hear from the government on thursday or at least to hear arguments in front of the government thursday on why this affidavit overall should not be released. how is that going to look? how is that going to go down? >> lawyers for nbc news and other news organizations are going to argue why we believe the document should be unsealed. but the justice department made a forceful case yesterday for why they say that unsealing this document in unredacted form would compromise the

investigation. in doing that, they really made some revelations about the nature of this investigation. they made it pretty clear that this isn't just about getting the classified documents back. they said there's an ongoing grand jury information involving multiple witnesses, some of whose identities they do not want to disclose. and so the idea that they were interviewing seen your white house officials is consistent with that. they are saying that this is an ongoing criminal matter and that the disclosure of this search warrant would compromise their investigation. >> from a legal perspective, how might the judge react now to the arguments that not just the department of justice, but those on the other side of the issue, including nbc news will be making. >> right, so if the department of justice can make a compelling, good faith showing that they have legitimate law enforcement reasons to ep keep it sealed, the judge should keep it sealed. it's really rather simple in

that respect. now the judge will have three options. to keep it sealed fully, to unseal it fully, and then ken referred to an important middle ground or hybrid option, which is to unseal it but with redactions. as long as there's a legitimate law enforcement purpose to keeping it sealed, it makes sense for the judge to keep it sealed. you can see why logically the trump folks want it unsealed. the department of justice said making it public at this point would undermine their investigation. what would the trump folks like to do. undermine the investigation. how do they do that? by getting the document unsealed at this point. so the judge ought to be very careful. my two cents as a former prosecutor is he ought to defer to the department of justice on the senitivity of the case. and by the way, at some point i'm sure we'll see it. if the government loses before the magistrate judge, they can take an appeal to the district court judge. so even if nbc and the trump

folks get a favorable ruling, a ruling to unseal it, we may not see it immediately. >> there are trump allies, republicans in congress who want to see this affidavit. it's the only way to understand the justification for the search. i want to play what lindsey graham said on fox news not too long ago. watch. >> we need the after the. show your cards. merrick garland can't give us the warrant without telling us why it was necessary to raid the former president's home when there's no less intrusive method available. the affidavit should help us understand what happened here and without the affidavit, we're flying blind in the tark. >> it seems like there could be some baked in political risk here and that whatever is in this affidavit could end up looking more damaging against former president trump than perhaps his allies like senator graham would like. >> that's right. >> we have heard some

republicans advising those in the former president's orbit to tone down the rhetoric on this. as you just noted, what could come out could be more damaging to the former president. it's a bit of a gamble, especially as it's quite unknown what the fbi ultimately took when they executed their search warrant last week. even within trump's inner orbit, the people who are working on his legal defense team, there is not a full understanding of what exactly might have been taken. so not only is trump's obit flying blind at the moment, but also our republican lawmakers, some of whom know that it's better here to keep quiet until the facts of the highly classified materials becomes a little bit clearer. we know that ranking member mike turner and some other republicans have requested closed door classified briefings

on the matter from odni and other intel outlet hads, but that's not been granted. and damage assessment has been requested by congressman adam schiff and chairwoman maloney. we don't know when that's going to be coming, but lawmakers on capitol hill both democrats and republicans are keeping close tabs on this. >> ken, you have new reporting out today that the attorney general spent weeks weighing and thinking about and considering whether or not to move forward to allow the fbi to move forward with this search of mar la go. talk through that and ha that looks like moving forward. >> that's right. this was first reported by "the wall street journal" and a department of justice official confirmed this was a process that took time. this was a momentous decision by the attorney general. some are viewing it as evidence of his cautious approach to many things and to investigations, but think about it. the stakes doeblt get higher for something like this.

it doesn't didn't just involve the justice department. it involved the fbi and senior officials all sort of working through the pros and cons and the potential impact. and look at the impact. it's been enormous. arguably there was an attack on an fbi office that can be attributed to the rhetoric that was produced in the wake of this search. so they properly took their time to think about how to approach this and ultimately decided to go forward with it. >> thank you all for being with us. i appreciate your reporting and for your analysis too. appreciate it. here in washington, we have more developing news. top house democrats now say that the dhs inspector general is not playing ball with their investigation into text messages that may have been deleted by the secret service around and about january 6th. in a letter to the i.g., the committees say the inspector general has, in their words, refused to produce response of documents and blocked employees

in the office from appearing for transcribed interviews. the letter ends with a pretty clear threat this they will consider alternate measures. just a subpoena. that's what they mean. in order to get them to cooperate. we are on capitol hill. i don't think i'm overstepping to say subpoenas feels like the next threat here. the muscle behind this warning in this letter. why is the inspector general's cooperation so important for these committees? >> reporter: it's important because the house of representatives is trying to piece together the sequence of of events of january 6th and what happened before that. there's a big missing piece of the puss until that the secret service text messages from january 5th and 6th just so happen to be deleted. during one of the deadly attacks on the united states government since the civil war. and now this letter, it's a pretty confrontational letter issued by house democratic chairs, including caroline

maloney of the oversight committee. they accuse the dhs inspector general of potential misconduct and obstructing a congressional investigation by covering up findings regarding the secret service. they say he waited months to tell them about the deleted messages from january 5th and january 6th. they say they have grave concerns about his lack of transparency. they want him to provide additional documents and information about his processes in uncovering this information or failure to do so and make employees available. they reveal he's refused requests by this committee to provide these level of documentation and make these people available for interviews. and now in this letter, they give them a deadline of august 23rd. that's a week from today. they say, quote, your failure to come ply with our outstanding request lacks any legal justification and is unacceptable. they continue to obstruct, we'll have no choice but to consider alternate means to ensure

compliance. as you point out, that appears to be a euphemism for subpoenas. they aren't there yet, but they seem to be putting dhs on notice saying this is not the last you have heard from us. and this committee recognize they are on a tight timeline to complete the january 6th investigation knowing that if republicans take the house of representatives, that investigation is probably going to be shut down very quickly. >> thank you. we're watching the white house now on washington avenue where in a few minutes, president biden is set to sign that tax, climate and health bin bill into law. a significant moment for him and his administration just a couple months ahead of the midterms. we'll take you there live when that happens. speaking of the midterms, you have some alluding to her as perhaps the master of politics. could a loss be the start of the road for liz cheney? we're live in wyoming, after the break. we're live in wyoming, after the break.

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there's a movie reference that sources tell me people close to liz cheney like involving a little film called star warss. "the washington post" laid this out framing cheney as obi-wan that takes down darth vader or donald trump. that gives you a sense of how they are casting tonight as the start of a bigger and broader and almost galactic battle for the future of the republican party, because while chi nae will almost certainly lose her primary tonight, she would leave office a household name. in the eyes of many, a political martyr. i'm joined by correspondent vaughn hilliard, who is in wilson, wyoming. it really does seem like this is not the final chapter, not even close, of cheney's political career. setting aside the 2024

speculation that maybe a bit premature, there are still ways that cheney can continue to be a voice in the party going up against former president trump. >> reporter: could be a presidential run, it could be a superpac or another organization here. it's important to know, let's look at our american history. political parties change. the dynamics change. wings within parties change. i think if we look at two key characters that we're watching today between here in wyoming, liz cheney, and sarah palin in her primary in alaska, these are two fascinating characters that say much about with where our politics stand. sarah palin in large part gave birth and was a key figure to the tea party. look where we are 12 years later. right here talking about the potential housing of liz cheney. so there's not naivety on the part of cheney and other allies that she could be a key fundraiser able to tap into a network of donors that are

looking for somebody like her to resist donald trump's style of politics and provide potentially an alternative that is not the democratic party, that is not today's trump republican party. >> what has surprised you the most on your time on the ground there in wyoming? >> reporter: i think i'm going to keep coming back to this year until we see the temperature in our politics lower is the sentiment among so many voters that this is something that more vsceral. it's time for fresh blood. that's not what this is here. this is a true belief that liz cheney is a traitor. that liz cheney is seeking to undermine the united states of america. that she is seeking to undermine the man who should be president in the white house right now. i just had a conversation with the man who is a minister of a

local church. calls the cheneys friends of many, many years. he says he's seen her several times over the last several months and told me he and his wife voted firefighter harriet hageman because they don't believe investigations should be taking place for january 6th. these conversations are complex here. in so many republicans we see are tapping into those very visceral reactions and take a listen. this is harriet on the campaign trail prop good faithing the theories that's winning over so many republicans. not only here in wyoming, but around this country. take a listen. >> absolutely the election was rigged. it was raised to make sure that president trump could not get reelected, and yes, there were problems with that election. >> reporter: we know it's not rigged, but earlier this summer when donald trump came to

campaign in wyoming, he won overwhelming here the state, the deep red starkts he told the crowd of more than 10,000 that he won it by even more than the final results came in here. that's not true. the same time voters are the ones deciding. these are the types of candidates they are selecting. >> vaughn hilliard in wilson, thank you. any minute now we expect to see president biden signing historic bill into law. what the latest legislative victory means for his agenda. plus the money man for donald trump due in court this week. what we're finding out today about his expected sentence and possible cooperation in the trump org investigation. that's coming up. trump org investigation. atth's coming up can slow me down. now, skyrizi helps me get going by treating my skin and joints. along with significantly clearer skin, skyrizi helps me move with less joint pain, stiffness, swelling, and fatigue. and skyrizi is just 4 doses a year after two starter doses. skyrizi attaches to and reduces a source of excess inflammation

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americans. ahead of the bill getting the signature, we're learning more about the timeline. when some of these provisions will take effect. kelly o'donnell is live at the white house. when you look at the timeline, some stuff is going to happen right away, some in a few months, and some longer term. >> that's typical for legislation. sol of the best things are the not happening as quickly but they will talk about them. some of the things that perhaps of the kriltices, those will happen quickly. if you look at irs, they can start doing some of the additional staffing. that's been something republicans have challenged as well. you will see tax credits for some energy efficient purchases. that will happen right away. so people will be able to take advantage of that. and next year you'll see some of the benefits that have to do with health care with this it comes to cap on insulin prices at $35 for those on medicare. and the ability for medicare to

do some negotiating. and some of the long-term things will roll out over time. that is what happens in legislation. it's the mechanics of how you can make big structural changes. and part taking time to ramp up new programs and contracts that are involved in all of this. and it also has to do with the cost. but when you talk about the victory here, this is enough of a victory that the president came back from vacation to make this signing, so it puts the full force and effect of this into law right away. he will go back to take some time away from the white house. as we have been doing live shots here, you remember this from your time here, august is when they do big noiy projects at the white house. there's been a lot of that lately, which is why presidents of any party tend to be away during august. so president biden is, like others n that as well. he will be leaving again.

they are putting in a new driveway behind us. there's been jackhammering. it's running in my mind on a constant loop here. so that's part of why folks get away during august. but this is a big win and a win worth coming back for and one that the president will certainly use now and through the course of the next 90 days or so with the midterm election and as a legacy piece. it's not everything you wanted. it's not as big as he set out to try to achieve as part of the original biden agenda, but they were able to get some significant changes. and compromise fwhilt as these things always do, democrat cans only, as you pointed out, but still some significant changes on health, on climate and on taxation where they will be able to try to bring in additional revenue from corporations. >> kelly o'donnell, as we see

the room fill up there live on the left side of the screen. we'll take that speech live. construction in august, just can't wait until fall when the leaf blower gets going. i hear it in my nightmares. we'll take that speech live. but with other news, in 36 hours we expect to see a guilty plea in a case surrounding former president trump's global business. when his long-time money man alan weisselberg is expected to admit to evading taxes on more than a million dollars of income. weisselberg will probably end up spending five months in jail. that's according to two people familiar with the proceedings. prosecutors are calling the crimes a 15-year, quote, off the books scheme to help top trump org officials avoid paying taxes. he's expected to cooperate in the trial against the trump org, but as of right now, there's no indication he will cooperate into any investigation into donald trump himself. that's an important distinction. and to explain why, i want to bring in correspondent tom winter. lay it out for us. >> sure. so when you look at this plea

deal, it's unusual in that it's not a full cooperation agreement. on the other happened, it's not a full kind of absolution of weisselberg. so he's going to have to do some jail time. expected to be five months in this case. he will have to testify in an upcoming trial this fall involving the trump organization. his testimony could be used in that case. he may have to cooperate in that case, but at this point, there's no indication that he's going to cooperate against the former president. as you said, that's significant because it appears at that point that it could be a dead end for the manhattan district attorney's office as far as where the investigation goes from here. it means the person at the top of the trump organization, the person who the organization who bears its name is the former president, obviously, it means that likely there are no more avenues on the criminal side. however, we have to remember the attorney general is conducting her investigation. that's a civil investigation that remains very much ongoing.

so we anticipate, obviously, that will continue though with the various depositions of the trump family including the former president having now concluded it's probably decision time in that case to determine whether or not a civil complaint will be filed against any of the trumps or the organization. so that's where those two cases stand. it's likely an important marker. closing of a chapter whether it's the closing of the book or not is something we'll find out down the road. but obviously an investigation that's gotten a lot of attention for a long time. and an investigation that was able to get the former president's tax returns, something we have talked about often on this program and this network. that investigation appears that it won't touch the former president. >> tom winter, thank you for that reporting. appreciate it. coming up, the unprecedented move by the nba to help get out the vote. but first, gen z turning on amazon. why tiktok stars are pushing for people over prime, as they put it. are pushing for people over prime, as they put it

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here's a look at top stories we're following now. in uvalde, a meeting has been set for this week on whether to fire the district's police chief over that delayed law enforcement response to that horrific mass shooting at robb elementary school in may. the board is set to meet next wednesday. new numbers show border crossings dropped again in july for the second month in a row with customs and border patrol reporting a 4% drop compared to june. the faa says some of the staffing shortages at new york airports have been resolved at least for now. but not before a bunch of delays and cancellations overnight. it's the latest round of this summer's travel troubles across the country. i want to bring in correspondent tom costello. it feels like whiplash, things are bad, then it gets fixed. is this the new normal now? >> i hope not. i don't think so. they had a one off, according to the faa, this was a one off.

what happened was they had an unexpected number of people calling out sick yesterday. i asked folks within the faa, what happened? did everybody get covid? no, not necessarily. did everybody have a hernia operation, what happened? they didn't have a good answer other than to say multiple people were out sick. as you know, this is the most congested, complicated air space in the country. and you can't take somebody, for example, from a smaller facility and slide them into the new york air space as a controller necessarily. it requires a lot of training, a lot of expertise. so they were down corralers. the good news is they quickly caught up. it only lasted a few hours and the delays generally averaged anywhere from two to four hours. no fun if you're there, but they overcame it. for the most part, the situation has improved since july 1st. you mail recall may and june were awful. we had so many cancellations,

massive numbers of passengers were not able to get to their destinations. but once the airline started trimming their schedules around july 1st to align with their staffing levels, in other words they had a certain number of pilot, they can't overschedule beyond what they have in terms of pilot stafg, once they align their schedules with their pilots, then things got better. so we have seen a dramatic improvement. and even the secretary of transportation pete buttigieg has said the same thing. he blames the airlines for most of the problems in may and june. things got better since then. and then monday we had a one off with a bunch of folks out sick on monday in the air space around new york. can i just tell you if you're thinking about the winter and thanksgiving and christmas, and who isn't about thanksgiving and christmas, they make the point, yeah, we are still going to probably be in a situation where airlines are still struggling with not enough pilots. maybe not enough flight

attendants. they are going to struggle with schedules. so they are already trimming schedules into thanksgiving and christmas. so you may want to think about buying tickets now if you can. >> that means buy soon not later? >> i think that's a good idea. labor day tickets up about 20% over a year ago. so tickets are definitely up. but you may want to buy now if you're thinking about that christmas, thanksgiving vacation. >> always the bearer of good news. tom costello, thank you. appreciate it. out in california, you have amazon workers calling for more pay and more safety. organizers say more than 150 employees walked out mid-shift that the company's biggest air hub in california according to the "washington post." amazon says the number was actually closer to 74. the workers there say they are facing suffocating temperatures inside this facility. like they are physically hot. they are calling for amazon, which is the country's second biggest private employer to raise their base pay to $22 from

$17. this comes as tiktok creators are turning against amazon with a coalition of top influencers saying boycott the company. refusing to work with amazon until it meets the requests of the labor union including a $30 minimum wage. jacob ward is with us. this isn't the first time we have seen amazon workers generally try to come together to say we want safer working conditions and more money for it. we have seen it in staten island. is san bernardino next? >> this is very interesting to watch this unfold. this comes at a particular pain point for amazon. this air hub in san bernardino is part of amazon's efforts to try to get out in front of the supply chain problems that we're all facing by putting their own supply chain. they have their own branded fleet of air cargo planes that can serve warehouses all over the country. san bernardino is this sprawling air hub with more than a thousand employees.

now as you mentioned, more than 150 seemed to have walked out on monday. amazon said that's closer to 74. they are talking about base pay. they want it raised above the maximum that currently labor there can earn $19.25 an hour is the maximum that someone with a full-time shift can get at that facility, according to a spokesperson. and they are looking for a base pay of $22. but it's climate change and heat that's also be ago part of this. organizers point out that 24 days of the last month have seen temperatures above 95 degrees. that it's physically impossible to work in those kinds of conditions, especially outside loading and unloading these planes. that seems to be a big concern. as for this tiktok influencer rebellion here, very interesting to see this. a.m. son, like so many companies, have tried to tap into the influencer market as a way of getting two very specific niche audiences. fascinating efforts on the part of these companies to do marketing through this $13

billion market, which is the estimate on the influencer market. and the fact that they are now walking away, this includes influencers who is have been flown to mexico to be part of an amazon influencer program. a thee-day wine and dining that a number of influencers received. we're seeing now influencers say ing we do not want to be part of this anymore. and this sort of rise of pro labor union sentiment that we're seeing at facilities in alabama, north carolina, new york, now we're seeing it among influencers all this really coming together at a crucial moment for amazon. >> jake ward, thank you. good to see you. today the nba is stepping into politics in a big way to try to get more people out to vote. if you look at the highly anticipated 2022 game schedule for the league, there's nothing set for election day. that's because there will be no games that day with the nba telling nbc news as we were first to report that the goal here is to encourage players and

fans and staff at arenas to get out and vote instead of showing up at a game. we have seen players and teams jump on the opportunity to use their platform before. notably with players showing support for the black lives matter movement after the murder of george floyd. some teams wore special social justice jerseys. this is not necessarily unfamiliar territory for the nba. shaq brewster broke this story and is in brooklyn for us. take us inside this move from the nba. >> reporter: this is something that was in the works for several months even before the end of the last season. and really it's the nba trying to capitalize on what you saw last year, which they were in 2020 where you had many of the arenas, more than two dozen team facilities and arenas converted into voting facilities. things like election day voting, early day voting and absentee ballot processing. while they are trying to see if they can do this for the midterm election, they are going to control what they can, which is

the schedule. they are blocking out all games for election day and that on the day before you'll see all 30 teams competing in what they are calling a civic engagement night. when i talked to the executive director of the national basketball social justice coalition with the nba, he said that this is pretty much a value statement. listen to a little bit of that conversation. >> what's your response to people who say no games on election day? that's a symbolic gesture. >> i would say the symbols really matter. part of what is so valuable about the nba community stepping into this space, we have a platform unlike any other to communicate to millions of people every single day about basketball, but also about the idea that we all have a part to play in making our democracy better. >> reporter: when you look back at the nba schedules of previous election years, this was not an insignificant move. in 2018 you saw eight teams con

peting on election night. in 2014, you saw 16 teams competing. this year it will be zero. >> shaq brewster live for us in brooklyn, thank you very much. coming up next, another huge explosion at a russian site inside crimea. what it could mean? a live report in just a moment. n a live report in just a moment ♪ ♪ we believe there's an innovator in all of us. ♪ ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things. ♪ ♪

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live to the white house where president biden is speaking about to sign the inflation reduction act into law. let's listen in. >> thank you, majority leader schumer. he's been a friend a long, long time. and joe never had a doubt. joe had an operation on his shoulder. i just want you to know it wasn't because of anything we did. he's in great shape. our whip, mr. clyburn, you're amazing. and i am reminded often by my staff were it not for you, your wife telling you to endorse me, i wouldn't standing here.

thank you very, very much. and also congresswoman caster and my good friend special want nancy pelosi who was instrumental in this law and vice president harris for the incredible work she did, and i'm about to sign the inflation reduction act into law. one of the most significant laws in our history. let me say from the start with this law, the american people won and the special interests lost. the american people won and the special interests lost. we're in a session of -- for a while people doubted whether any of that was going to happen, but we are in a season of substance. this administration began amid a dark time in america. as jim said, a once in a century pandemic, devastating joblessness, clear and present

threats to democracy and the rule of law, doubts about america's future itself, and yet, we've not wavered. we've not flinched, and we've not given in. instead we're delivering results for the american people. we didn't tear down. we build up. we didn't look back. we look forward, and today, today offers further proof that the soul of america is vibrant. the future of america is bright, and the promise of america is real and just beginning. [ applause ] look, the bill i'm about to sign is not just about today. it's about tomorrow. it's about delivering progress and prosperity to american families. it's about showing the american people that democracy still works in america, notwithstanding all the talk of its demise. not just for the privileged few but for all of us.

you know, i swore an oath of office to you and to god, to faithfully execute the duties of this sacred office. to me the critical duty, the critical duty of the president is to defend what is best about america. that's not hyperbole, defend what's best about america, to pursue justice, to ensure fairness, and to deliver results that create possibilities, possibilities that all of us, all of us can live a life of consequence and prosperity in a nation that's safe and secure. that's the job, fulfilling that pledge to you guides me every single hour of every single day in this job. you know, president s should be judged not only by our words, but by our deeds. not by our rhetoric but by our actions. not by our promise but by reality, and today is part of an extraordinary story that's being written by this administration and our brave allies in the congress.

this law, this law that i'm about to sign finally delivered on a promise that washington has made for decades through the american people. i got here as a 29-year-old kid. we were promising to make sure that medicare would have the power to negotiate lower drug prices back then. back then prescription drug prices, but guess what? we're giving medicare the power to negotiate those prices now. this means seniors are going to pay less for the prescription drugs while we're changing circumstances for people on medicare by putting a cap, a cap with a maximum of $2,000 a year on prescription drug costs, no matter what the reason for those prescriptions are. that means if you're on medicare, you'll never have to pay more than $2,000 a year no matter how many prescriptions you have, whether it's for cancer or any other disease. no more than $2,000 a year, and you all know it because a lot of you come from families that need it. this is a godsend.

this is a godsend to many families and so, so long overdue. the inflation reduction act locks in place lower health care premiums for millions of families who get their coverage under the affordable care act. last year a family of four saved on average $2,400 through the american rescue plan that i signed into law that the congress voted in place. in the years ahead, thanks to the inflation reduction act, 13 million people are going to continue to save an average of $800 a year on health insurance. the inflation reduction act invests $369 billion to take the most aggressive action ever, ever, ever, ever in confronting the climate crisis and strengthening our energy security. it's going to offer working families thousands of dollars in savings by providing them rebates to buy new and efficient

appliances, weatherize their homes, get tax credit for purchasing heat pumps and rooftop solar, electric stoves, ovens, driers. it gives consumers a tax credit to buy electric vehicles or fuel cell vehicles new or used, and it gives them a credit, a tax credit of up to $7,500 if those vehicles were made in america. american auto companies along with american labor are committing their treasure and talent, billions of dollars in investments to make electric vehicles and battery and electric charging stations all across america. made in america, all of it made in america. this new law also provides tax credits that's going to create tens of thousands of good paying jobs in clean energy manufacturing jobs, solar factories in the midwest and the south, wind farms across the plains and off our shores. clean hydrogen projects and more all across america. every part of america. this bill is the biggest step

forward on climate ever, ever that's going to allow, it's going to allow us to boldly take additional steps towards meeting all of my climate goals than the ones we set out when we ran. it includes ensuring that we create clean energy opportunities in front line and fence line communities that have been smothered, smothered by the legacy of pollution and fight environmental indecision that's been going on for so long. and here's another win for the american people. in addition to cutting the deficit by $350 billion last year, my first year in office, and cutting it $1.7 trillion this year, this fiscal year, we're going to cut the deficit by another $300 billion with the inflation reduction act over the next decade. we're cutting deaf sets to fight inflation by having the wealthy and big corporations finally begin to pay part of their fair

share. big corporations will now pay a minimum of 15% tax instead of 55 of them not away with paying $0 in federal income tax on $40 billion in profit. i'm keeping my campaign commitment, no one, let me emphasize, no one earning less than $400,000 a year will pay a penny more in federal taxes. folks -- [ applause ] the inflation reduction act does so many things that for so many years so many of us have fought to make happen, and let's be clear, in this historic moment, democrats sided with the american people, and every single republican in the congress sided with the special interests in this vote. every single one. in fact, the big drug companies spent nearly $100 million to

defeat this bill. $100 million, and remember, every single republican in congress voted against this bill. every single republican in congress voted against lowering prescription drug prices, against lowering health care costs, against the fairer tax system. every single republican, every single one voted against tackling the climate crisis, against lowering our energy costs, against creating good paying jobs. my fellow americans, that's the choice we face. we can protect the already powerful or show the courage to build a future where everybody has an even shot. that's the america i believe in. [ applause ] that's what i believe in. and today -- and today we come a step closer to making that america real. today too often we confuse noise

with substance, too often we confuse setbacks with defeat. too often, we hand the biggest microphones to the critics and the cynics who delight in declaring failure, while those committed to making real progress to the hard work of governing. making progress in this country is as big as complicated as ours clearly is not easy. it's never been easy. but with unwavering conviction, commitment and patience, progress does come. your dad was right, and when it does like today, people's lives are made better and the future becomes brighter and our nation can be transformed. that's what's happening now. from the american rescue plan that helped create nearly 10 million new jobs to once in a generation infrastructure law that will rebuild america's roads, bridges, ports, deliver clean water, high speed internet to every american, to the first

meaningful gun safety law in 30 years and if i have anything to do with it, we're still going to have an assault weapons ban, but that's another story. and significant veterans health care law in decades for the first time, to a ground breaking chipping and sciences law that's going to ensure that technologies and jobs in the future are made here in america. in america. [ applause ] and all this progress is part of our vision and plan and determined effort to get the job done for the american people. so they can look their child in the eye and say, honey, it's going to be okay. everything's going to be okay. everything's going to make sure that the democracy delivers for your generation because i think that's at stake, and now i know there are those here today who hold a dark and despairing view of this country. i'm not one of them. i believe in the promise of america. i believe in the future