their policies. she didn't take a position on policy. that wasn't her role. her role was to act as a symbol of the nation, of the commonwealth and i think she played that with rather remarkable results. >> peter, andrew, and megan, thank you very much. we are just a couple of minutes away now from the hearse making it to buckingham palace where i am standing and there are again thousands upon thousands of people here waiting in the rain to see it go by. that is going to do it for me. hallie jackson picks up our coverage now from washington. >> our thanks to katy tur and her team on the ground in london doing exceptional coverage of this historic moment in london. as you see now, the live picture of the hearse carrying the coffin of the queen making its way through the city, getting closer to buckingham palace, where king charles, his wife, now the queen consort, and all of their family members will be

there to receive her body. with me now is kier simmons, tim york. kier, glad to have you with us at this really somber and emotional moment for people in the uk who are now for the first time seeing the queen arrive to a place that she called home for decades. >> reporter: that's right. i just drove along that same route that the queen's hearse, the state hearse, glass windows to make it easier for people to see the coffin as she passes by. i just drove that route and people were lining the route, waiting in silence with umbrellas. very british scene. as they waited for the queen to say good-bye for one last time. just think about this. here on the streets of london, many londoners have experienced seeing the queen go by. coming here to celebrate, possibly for her 70th

anniversary. but for all of them now, this is the last chance. this is the last time that there will not be another time after this week and i think that we're looking at now is her hearse passing down. i think it will move along from hyde park corner and i suspect along pick dilly so it can make a turn. people who know london well, i think make a turn into royals and james. you're going to see it. that famous historic view of buckingham palace in the background, lit up there with the flags all along that road. and there you can see the front of buckingham palace and the statue of queen victoria. the last great queen, as this great queen is brought to the

palace that was the home of her reign. the place where she entertained presidents and princes and at the same time, raising a family and her family are in the palace behind me waiting for her to arrive. they are her children, her grandchildren. william and kate. harry and meghan. all of them there united in grief and united in wanting to show a solid and determined face to this country which is itself united. >> we are looking at these live pictures as you are so capably describing them. suzanne, let me ask you because this is really the first time now, first opportunity, and just the beginning for londoners and people in the united kingdom to pay their respects to the queen as her coffin has arrived in her

home country. you can see it there as the hearse drives by heading to buckingham palace. >> that's right. and you can see the size of the crowds. as it goes round the statue of queen victoria. you can see the size of the police unit that's needed to act in such cases where there are crowds of this size. and you can hear people starting to cheer. >> let's listen for just a second. just a quick cheer i think from people. as they have, as kier and you describe as they line the streets here. please continue on and help us understand what we'll see over the next few minutes. i know her coffin will be taking

to the bough room in buckingham palace. her family members will receive her there. >> look at those phones. everybody wants their record to show their grandchildren that they saw the queen's coffin arriving back at buckingham palace at this place. this moment. and now she's going to go in and meet her children. the children will meet her coffin and her grandchildren. those we know and also perhaps her other grandchildren. and the princesses. we hear often about william and harry, but she has other grandchildren, too, that may well be there to meet her as she arrives for the last time as buckingham palace. the last time with her.

[ cheering ] the queen's coffin arriving at buckingham palace, where she will be tonight. her family members including queen charles and the queen

consort receiving her. and tim, as we take a live look here at the faces of people who have been waiting in the rain, quintessentially british, right, who have come and spent their time and have been part of this incredible outpouring of love and support for the queen that they love. a little bit of a glitch in the live photos, but i think kier is still with us. if you are, tell us what you're seeing. >> reporter: well, there are a lot of people here and many, many of them got the opportunity to see the queen's hearse and some of them didn't get that chance, but you know, as she passed by, there was applause

and cheers and then people raising a kind of hip hip hooray. i think in a sense, people don't quite know what to do on these occasions, but most of all, honestly, the silence was the, spoke volumes. people coming here in the rain just for that last chance to see her for a moment and inside buckingham palace there now, we can't see and it's perhaps right that it should be private, but she is being greeted by her family. and you can imagine the scenes there. >> there is in divide between what we're seeing publicly and the images we have seen of the king, of his children, harry and william paying their respects to

their grandmother. and the deeply private grief and mourning that they are going through and feeling as well. so tim, speak to that and kier's point about how it is perhaps fitting that this is a moment that there are no television cameras inside. >> yes, it's a moment of private grief, but i was just going to reflect a moment ago when you were looking at those crowds. this that the royal family has drawn some extraordinary crowds on to the streets of london in happier times. i remember being part of the teams that covered the marriage of charles and diana and william and kate. and the streets then were crowded with people but i don't think it's going to be like that this time. it's going to be far, far bigger. the prospect of the lines of people going to view the queen's coffin lying in state at westminster hall seem

unimaginable. i've looked at the map where this line is going to go and it crosses the river and goes a long, long way along the river and there will be people sleeping out for that. there will be people sleeping out for the funeral when it happens to just catch a glimpse of the queen's coffin going by. i think it will be unprecedented what we're going to see in london in the days ahead and tonight i think is just a flavor of that. >> susanna, tell us more. what's it like to be a londoner paying their respects to the queen. a procession so important. a rehearsal, in fact. >> yes, there was a rehearsal first thing to morning between 4:00, 5:00 this morning. military rehearsal to make sure it all goes well. it goes down, the ceremony will

route through london so down the mall through guards past the -- so westminster hall and westminster hall itself is a place of great antiquity. it was built between 1097 and 1099 by the son of william the conquerer. it has a beam ceiling put in. where charles the first was tried. you can't think of have more ancient, really. it is a place of great solemnity where people have laid in state before. i expect that as well as seeing people who hope to see the queen's coffin at westminster hall, we will see the route tomorrow absolutely packed. it can hold a million people and i suspect that just to see that military procession down from buckingham palace, that's where

i would go if i were trying to get a spot because at least you might get a glimpse as she moved past once again. >> kier, you have covered this family for years. you obviously live in london, the uk. what has stood out to you the most about the remembrances we've seen so far? >> reporter: i think programs the most moving moment was to see her children standing vigil around her casket in scotland and today, i think possibly the most moving words are from her only daughter, princess anne, who will have been with the coffin, the hearse as we saw it through the streets of london there, not sure which vehicle she was in, but she has clearly had the role of accompanying her mother from scotland. and issued a statement today

which gives us a glimpse of the private grief of this very public family. she says i was fortunate to share the last 24 hours of my dearest mother's life. it's been an honor and privilege to accompany her on her final journeys. witnessing the love and respect by so many has been both humbling and uplifting and she goes on to talk about the unique memory that is the family and country share. and talks about her dear brother charles accepting the responsibilities of being monarch. you know, i think princess anne is one of the queen's children who gets less recognition. she is very, very hard working. stoic. strong. like mother, like daughter. and she will be there in buckingham palace now having accompanied her, joining the rest of the family.

it really is a something of a love story between a mother and daughter. they both loved horses. and enrolled the queen's horse into the olympics and now she has been traveling with her on this final journal as she puts it more eloquently than i ever could in her statement. so we're seeing members of the family, and it's interesting, isn't it? it is choreographed. you'll note that each member releases a statement each day. they even at this moment, this moment of deeply personal grief, they are choreographed to knowing that they cannot just all speak at once. and that in the way i suppose is the way of an ensemble. but we're seeing individual

notes as these days progress and princess anne is somebody who deserves attention for what she personally does, but also the way that she supported the queen. i suspect she may stay with her all the way until the queen finally is laid to rest next door, next to her late husband. that i think, there's something beautiful about that journey. >> when you talk about that journey, tim, you have the royal family's attention, frankly the world's attention given how many world leaders will be arriving in the uk early next week to pay their respects to the queen. the attention will be on her, on the monarchy. what happens after monday? do you expect it to look and feel different under king charles than queen elizabeth? >> yes, i do. after next monday, the royal family will still stay in a state of mourning for another week.

the nation won't be in a state of mourning. you've already seen amidst all the grief and moving pictures we've seen, i like the one you're looking at now. you've already seen king charles getting down to work and today, he went from edinburgh to belfast. that's a challenging trip for any british monarch. he was greeted by members of the republic that want to abolish the british monarchy. so he has a lot of work to do and it's already started and it's going to be very, very demanding. you see pictures of them there meeting people in the crowd. that's part of the way he's going to conduct his monarchy. he wants to appear to be more accessible, more friendly, more open, more transparent. and he's going to get down to work. kier was just talking about the work of princess anne who is a very hard working royal, but

those who know prince charles well, we tell you that he, too, as one of his closest aides said the other day, a workaholic. he does not stop. he'll have at his side, prince william, who will take on a lot of sort of charity work and so forth that he did before. but they're going to be demanding times for the british monarchy. they've got to win the public over after the public displays of affection we're seeing here. the cold reality is going to set in. >> susanna, let me ask you as we know it's been something like 70 years since a funeral of this kind. the world has changed so much as we see the pictures from earlier of the king and queen consort at the flowers that have been placed. the memorials that have been created here at places that were important to the queen. queen elizabeth. given how much the world has changed, do you think the week's

events and future of the monarchy will reflect that? that we are constantly living in a world that is growing and changing and reflecting on its own relationship with the monarchy like what we're seeing here? >> i think that we are seeing both things being held in tradition and continuity on the one hand and change together. we see that in a way that the palace easily took to things like twitter and having podcasts and having websites over the last 15 years or so. and are responding now in a way that shows as tim has just said, how the king wants to demonstrate a form of monarchy that is less reserved than the monarchy we saw under his mother. it's something that is perhaps

more open about emotions. we get a little bit of a sense of that and probably a sense of this choreographed nature. as kier was saying, reveals to what we'll see in the future as well. we're going to see a slimmed down monarchy under king charles. slimmed down royal family, that is, with fewer working members. and yet there's going to be that tradition of continuity. the queen worked 50 hours a week when she was 90 when she went down to 40 hours a week. i imagine we're going to see the king following in her footsteps in giving advice to the government, which may or may not listen to him, but reading up and knowing his, what's going on very much and of all those state visits and visits to hospitals and to schools and to charities, all of those things we can expect to see him continue to

do. and we will see in time whether he becomes as well loved as his mother was. >> thank you so much. kier, thank you for your reporting from london. we'll be seeing you in our coverage over the days to come. we have obviously watched this historic moment unfold live here on msnbc. that is not the only live event we're watching today because coming up here in washington, we are just a couple of minutes we think from hearing from president biden on the south lawn of the white house. a very different event. this one, a celebration. the democrats big climate healthcare spending law. the inflation reduction act. that's right after the break. fl. that's right after the break ♪ any way you want it ♪ ♪ that's the way you need it ♪ ♪ any way you want it ♪ ♪ any way ♪ ♪ any way you want it ♪ ♪ that's the way you need it ♪ it's back america. applebee's all you can eat boneless wings.

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any minute now, we expect to see president biden at the white house. that of course is top senate

democrat, chuck schumer, speaking. the president will soon follow him to essentially to a victory lap for one of his biggest achievements so far. the inflation reduction act. it comes as numbers today show prices from everything from gas to food to plane tickets are still hitting people in their pockets. inflation fell a little bit to 8.3% year-over-year. still higher than what a lot of analysts and the fed thought it would be at this point. i want to bring in mike memoli who is out on the south lawn with president biden. senior business analyst, along with shaq brewster who is in chicago. mem, i'll turn to you for what we can expect to see and hear from the president today. >> we heard what i think is an emerging theme from this white house from senator schumer. he talked about promises made by democrats and promises kept. inflation reduction act being just one of many the president's

going to be highlighting here as he talks about the legislative record he's been able to rack up over the course of a year and a half. it's notable the timing of this event. because we are just over eight weeks before the midterm elections, but given what we saw in the inflation numbers this morning. what we saw this morning, senator mcconnell talked about how democrats would be celebrating this piece of legislation at a time when there was another negative report in terms of inflation, but we also heard something from senator schumer, which is democrats are here talking about concrete actions they are trying to take to lower costs for the american people at the time when republicans on capitol hill, senator graham introducing a national ban on abortion. so a clear contrast they're trying to set up for the elections this fall. we saw a paper statement from the president this morning on the numbers saying it's going to take time and resolve noting the

good gas price numbers, but these are going to single out republicans who said should have reported the ira as it's known. things like lowering costs on prescription drugs. a $35 cap on insulin. but instead, they're making one of their promises for the president to repeal these kind of steps to help the american people. this is really a sense of what is a two pillar strategy. one the one hand, talk about protecting democracy. talking about extreme maga, but they're mindful of kitchen table bread and butter issues and trying to lower costs for the american people. >> mike, stay close. we're going to bring our viewers the president's speech live when he begins. i know it is running behind schedule. we're going to stick with it, but steph, on the one hand, you have these numbers come out today showing it remains

stubbornly here. on the other hand, you have the president and democrats looking to tout what they have been doing to try to get prices under control for americans. it's a bit of a tight rope. >> it is. and both things can be true because the things in the inflation reduction act are long-term solutions. no one is making the argument suddenly you're going to see prices go down tomorrow. the administration cannot do anything to impact inflation. who can? the fed. and the fed has taken action. but remember, the biggest republican talking point for months is what is joe biden doing. joe biden is doing nothing. now biden can say i'm doing x and he can go through lowering prescription drug price, impacting healthcare costs, what they're doing around climate. those are significant things, they're just not going to help the american voter in the short-term. when you go across the country, you talk to the american people, it's a very big positive to see gas prices down.

but and you laid it out before. housing costs, car costs. every day items at the grocery store are still very expensive and that's a struggle for people. they don't like to deal with it and as i'm sure shaq is going to tell you, we're starting to see people make sacrifices from the store on their basic goods. >> shaq, tell us more about that. that's something you've been reporting on. >> you're hearing that people are essentially financing, using financing option for their basic grocery goods. one thing we saw on the report is that while the pace of increase has slowed a bit in terms of the increase in the price of food, you also are seeing that, excuse me, sir, you're also seeing that some people are seeing a dramatic increase in price of food. eggs up 40% over the past year. bread up significantly over the past year. so many of them are turning to these buy now pay later options to help fund their grocery bills. listen to a little bit of what

they said about the relief it's giving them, but also the risk that it brings. >> it's very appealing and you know, when you're having a tough time in life, maybe it would be okay for that moment, but i would say you have to be strict and you have to make sure you're not living outside of your means. >> i would never use up to the amount i've been approved for because i have to pay it back. so i still have a budget. it's just that it allows me to have more money in hand than having to put out more money at one time. >> you hear them talk about the relief in help them pay some of these bills, but you have economists warning this is not a solution here. this shows the desperation some people are facing with those higher prices. there are a whole bunch of other implications here if you're having them tack on and having to pay them back later in time.

>> live in chicago outside a grocery store. when you look at the economic snapshot that we have now, what is the fed going to do? what should they do and what does it mean for people looking to borrow? >> they're going to raise rates again. the whole point of raising rates is to slow the economy, cool the economy and lower demand. that could get prices to slow down. however, when you raise interest rates, it becomes more expensive to borrow. if you're trying to get a mortgage, car loan, your credit cards and big businesses out there. they need cheap borrowing to grow. so when it becomes more expensive for them to borrow, you start to see those businesses trip a bit and more and more businesses are talking about things that are slowing. they could look at layoffs in the next few months and this is the tricky balance for the fed. how do you slow the economy without tipping us into recession. it is not an easy task they have at hand so we're likely going to

see them raise rates again. they're going to stay the course. >> stephanie, our nbc news business correspondent. great to see you. see you tonight at 11:00. got a couple of developing headlines in the january 6th investigation. we're waiting for verdicts. any minute, in the cases of three insurrection defendants. it's a bench trial. what does that mean? it means the verdict is going to come from a judge, not a jury, and the judge we're talking about here happens to be the only judge to have acquitted riot defendants in previous bench trials. the only one who's basically said they can be free and clear to go in previous trials similar to this one. at the same time, this parallel investigation is running on capitol hill. our team on the hill is catching one the bennie thompson after the committee wrapped up a retreat to talk about next steps. i want to bring in our team now.

ryan riley and ali. ryan, i'll start with you. are with e getting the verdicts now? >> they are rolling in now. our producer, gary, is sending them over. a couple of guilty verdicts. but they're still incoming right now, but this is a really important case because this is of course the judge who has acquitted at least one defendant. this all has to do around what one judge called the lady gaga tunnel. the center of the inauguration platform where these most brutal battles of january 6 took place. there's one individual who has the nickname, opportunity commander. he's sort of directing traffic. the other two have police shields and actually used them against members of law enforcement that day. they are giving that wasn't a deadly or dangerous weapon under the law. there's some complicated issues, but i think this is a really

important case that could determine the trajectory of where these cases go. you might see a lot of defendants try to roll the dice and go to a bench trial before a judge here if it ends up they get a mixed verdict out of this. so we'll find out soon how many of these guilty pleas will come down. >> as you point out, it is strategically important. you're looking at your text from gary who's in the courtroom, our producer there on the ground. am i correct, there are two guilty verdicts so far? >> let me do a quick glance. yes, guilty for stevens. two thus far. that we know. he's back in the courtroom now. i think this judge is certainly going to give a longer explanation. he cross examined the prosecution on a lot of this and had some questions. this might mean a slam dunk. didn't seem like in his view. so i think we could potentially see the potential for at least

one acquittal in this case. >> i'm going to ask you to stay close to a camera and as soon as we hear from the judge about that last verdict, please let us know. ali, let me go to you. there's other developing news and i know in the last couple of hours, your team caught up with bennie thompson as he was leaving a fairly lengthy retreat, they call them. basically a really long meeting of the committee. i know he was peppered with questions about where the house investigation goes from here. >> yeah, peppered with questions about where this goes from here with some masterful backwards walking shooting from our producer as they were leaving that nearly four-hour meeting where committee members were going in and out of the room talking about what the path forward looks like. chairman thompson in a wide range of questions answered and spoke to our reporting, which is that the next committee hearing is likely going to be on the 28th.

just about two weeks from now. but really the committee is on the clock at this point. something else he was asked about today, which is just how close they're getting to the midterms and if they're going to be able to keep these hearings elevated out of the partisan politics that often come when an election date is so near. he said he thinks they've been able to stay out of the politics, but look. the over thing that's changed from the time that the committee last did these public hearings is the pace and scope of what the department of justice is doing. the committee has long said that they are separate and apart from that. of course, doj has different powers than this committee does. for them, they're focused right now, according to chairman thompson, both on drafting their final report which we expect in the fall, but also figuring out the ways they can be helpful as they move forward in their investigation. of course, the big key questions are what they're going to do about the republican members of congress and then the big questions that have been looming over this the entire time. what's going to be done when it

comes to the former vice president and the former president himself? are they going to ask them to come talk to them? specifically to pence in my conversations with committee members, they know asking pence is very different than trump especially when pence has left the door open that if he were subpoenaed, so potentially cooperating. we're going to try to catch up with thompson today and he said the committee is meeting again on friday. >> let me play a little bit from what he had to say. >> whether or not you have another hearing, thinking about maybe not having another hearing? are you definitely going to have another hearing? >> we're still in the process of talking. the goal is the 28th. that's the window. if it happens, it will be that day. but we're not sure at this point. >> and there you have it from chairman thompson speaking about more talks to come. i want to go back now to ryan

riley. we've been talking about this bench trial for several january 6th defendants. significant because the judge determining the verdicts is the only judge who's ever acquitted a january 6th defendant so the results here could set perhaps a strategy for others moving forward. we know there have been two guilty verdicts so far. i understand you have new information? >> yeah. so i'm going to go into what those mean. those first two we've seen are some of the highest charges. assaulting counts. the individuals who had those shields. that's basically determined now. he's determined those individuals participated in an assault on officers. the one that we're still waiting on is this guy nicknamed tunnel commander because he's sort of directing traffic. that's a more interesting case because there's not as much evidence of him involved in assault. he's more, what the government says, assisting and directing folks and contributing to the chaos.

essentially acting here as a traffic cop. go in this way, go in that way. there's a moment where he gets a stolen police shield, hold it up in the air and shakes it around as the crowd cheers. that's not an active assault on law enforcement so i'm really curious to see where that's going to come down. >> you're curious, i'm curious. i think folks watching are curious. thank you. i'm going to go to the justice department and former president trump's legal team. one step closer to an agreement on the so-called special master. this independent third party to review the documents the fbi took from mar-a-lago. the doj says it's not going to object to one of the candidates that donald trump's team put forward to basically take a look at that stuff. this comes after president trump's attorneys rejected both justice department picks. no reason. von hilliard is covering this for us. tell us what this means, why it's significant and where it goes from here. >> we are now looking at thursday as the big day in which judge canon at the urging of the

doj is likely to issue a state in allowing the doj and fbi to continue to review the more than 100 classified documents. the doj in its filings here yesterday said that if the judge cannon does not grant the stay and allow that review of the classified documents to move forward, they will then come this thursday, appeal the special master ruling to the 11th circuit court of appeals. that is what we're waiting for over the next 48 hours. whether that stay is granted or whether the doj will appeal to the appeals court about the existence of the special master. >> vaughn staying on top of that. we're staying on top of the multiple developments we expect in the next couple of minutes. not just the verdict in the trial, but a now somewhat delayed speech from president biden as folks have gathered on the white house south lawn.

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we're watching a couple of big developments in the fight between elon musk and twitter with twitter's shareholders just today just within the last few hour, voting to go ahead and go forward with this $44 billion deal. a deal that musk is actively trying to get out of. so the saga not over yet. and potentially helping musk's legal effort, twitter whistleblower, testifying today saying that twitter is more than a decade behind industry security standards and accusing the company of putting profits first. >> would you agree that twitter has put its users health and safety severely at risk? >> yes, sir. >> and it's put the national security severely at risk. >> yes, sir. >> its management has misled its own board of directors. >> yes, sir. >> that testimony potentially coming into play next month when twitter and musk, a social media

giant and the world's richest man, go to trial. i want to bring in eamon javers. it's good to see you. it's a big day in the musk v. twitter battle. you've got the whistleblower, the shareholder vote. take us inside what it means and what we should know about it. >> you could tell in the hearing room these senators were fascinated by this whistleblower. he's been active in the community for decades. very well respected in the cybersecurity world and he's basically alleging that the entire company of twitter is run more badly than a failing senate campaign. so all these senators, they are on twitter on a daily if not hourly basis. they understand the political implications of twitter. the economic implications, national security and on and on. they were fascinating to hear what he had to say, probing him with different questions from their political point of view, but also bearing in mind that the agencies might not have the

stuff to be able to keep up with these fast moving tech giants. here's the chairman, dick durbin, earlier today. >> congress is racing to catch up with the technology. we are notorious for being behind. we've got to be thinking ahead. got to be preparing ourselves and staffing ourselves so that we can stay competitive with this industry. >> that's durbin talking to aly on the hill today. we also got the statement from twitter in which they said the testimony today just sort of reiterated what they've been saying. it only confirms that mr. zatko's allegations are riddled with inaccuracies. all that coming with musk trying to get out of the deal to buy twitter. he thought it was a good idea and now it's not. largely because twitter's stock price has cratered sincere sayi

twitter somehow did something inappropriate in this. so far, that's not working for him. musk desperately now wants to get out of that deal and keep his 44 billion. >> eamon javers, good to see you. thank you. also on the hill, new pushback today against senator graham's new proposal to restrict abortion access. we've heard from the top senate republican saying this. after graham introduced a bill that would ban abortions across the country after 15 weeks of pregnancy. watch. >> i think most of the members of my conference prefer that this be dealt with at the state level. >> even the name of the bill is getting pushback. he's calling it a quote late

term abortion ban. that's a non-medical phrased. generally refers to abortions after 20 weeks of presidency. it comes as the majority of americans think abortions should be legal in all or most cases. i want to bring in scott long from capitol hill. let me apologize in case i need to interrupt you. we are getting close to president biden's speech on the inflation reduction act, but i want to talk with you at least a little bit ssh we can about the pushback here on senator graham's bill he's bringing to the floor. or hopes to, i should say. >> absolutely. a number of senate republicans being asked about this very issue in the halls of congress today. largely echoing what mcconnell said. this is an issue that should be left to the states so senator graham's proposal getting a cool reception. strategists don't really

understand why he decided to do this just weeks before the midterm elections. yes, it energizes the conservative base, but it also divides republicans on capitol hill. a number of them join mcconnell in saying let's leave this to the states just like like the supreme court decided just a few months ago. lisa murkowski, a moderate republican from alaska, saying she has bipartisan legislation that would codify roe, a much better option in her opinion than lindsey graham's proposal of the 15-week abortion ban. as well as tom tillis of north carolina, who said americans are not focused on the issue of abortion right now. they want to be talking about bread and butter issues, economic issues, the high inflation rates as well as this potential railroad strike. so republicans not too excited to be asked about the issue of abortion, really prompted by a

member of their own republican conference. >> so would you put it at about a zero percent chance this makes it to the floor, or is this more a messaging bill put forward by the senator ahead of the midterms? >> reporter: mitch mcconnell was asked whether he would bring that bill to a vote if republicans take back power. he was noncommittal. he said he hasn't looked at it. i would say that this right now is a messaging bill, especially when you look at the timing of it right before the midterm elections. graham appeared with pro-life women. a number of pro-life women were at his preference. this is a message to pro-life conservatives that he is fighting for them. again, this is an issue that they do not want to be talking about on capitol hill. we are going to be hearing about this probably in the days to come as we know this issue has really energized the democratic

base and democrats really see this as yet another gift heading into the midterm elections. >> scott wong live for us on capitol hill, thank you. we'll take you now to the white house, where president biden is just beginning his remarks from the south lawn about the inflation reduction act. >> if i thought i could have ever spoken as well as you did when i was your age, i'd have never thought of being president. really, thank you. please, have a seat. with your permission, i'm going to take my coat off. that doesn't mean i'm going to speak any longer. folks, welcome to the white house, everybody. thank you. this law is for you, for the millions of people like you, good, decent, hard working

americans. how about james taylor, a voice that heals our soul and unites the nation and a good friend? james is probably smart enough to be under the shade of the tree over there. james, thank you, thank you, thank you. we're joined by many champions for the american people. the first one, one of my best champions, is the first lady jill biden. i thought she was teaching, but she's here. vice president harris, who's not only a great vice president but a great friend. the second gentleman as well as speaker pelosi, leader schumer and joe manchin. joe, thanks for sticking with what you said you'd do. appreciate it. and the committee chairs who worked for almost two years to make this law real and all the house and senate democrats who stood together and never ever ever gave up. this couldn't have happened without every single one of you. that's in the literal sense in the senate. every single one was required,

because the other team didn't want to play. and all our distinguished guests, ceos, activists, thank you for joining us. what a great day. exactly four weeks ago today, i signed the inflation reduction act into law, the single most important legislation passed in the congress to combat inflation and one of the most significant laws in our nation's history, in my view. i said it then and i'll keep saying it, with this law the american people won and special interests lost. say it again. the american people won and special interests lost! folks, we're going to lower prescription drug costs, lower health insurance costs, lower energy costs for millions of families. i want to take the most aggressive action ever, ever, ever to confront the climate crisis and increase our energy security, ever in the whole world. that's not hyperbole.

that's a fact. we're going to build a future, the future here in the united states of america. with american workers, with american companies, with american made products. and after years of some of the biggest corporations in the united states paying zero in federal income tax, they'll now have to begin to literally pay their fair share. today offers proof that the soul of america is vibrant, the future of america is bright, and the promise of america is real. it is real, it is real. this extraordinary story being written today in america by this administration as i step over my coat. good thing my mom's not around. look, you're an awful lot of brave allies out there in the congress.

you took a lot of heat. by so many determined advocates and activists all across the country. as i look out on this lawn, i see leaders who made the government of america begin to work again, work for the people, not special interests, for the people! folks, look, elected officials who stood up to the millions of dollars in attack ads from special interests, business leaders who were willing to endure the criticism of many of their colleagues and so many people who fought for years to lower prescription drug prices and tackle the climate crisis. this is your victory. that's a fact. you deserve a huge round of applause. give them applause, all these people who stood up, every one of them. [ applause ] >> let's hear it for the workers in the labor unions, mayors and local officials, environmental activists, students and young

people, advocates for senior citizens and families. this is what it looks like when the american government works for the people. when we tell the powerful interests, no, you're not going to get your way this time, not this year, not this time, not now! [ applause ] how long have we been taking on these interests? from the time i got to the senate 720 years ago. i'm serious. think about it. let's be honest. passing this law wasn't easy. i proposed as soon as i got here basically. and i've said that day that i was determined to work with republicans. i've done that on historic laws like the infrastructure law. republicans came across the aisle and they've worked with us and we got it done.

over $1.2 billion to reshape this nation's infrastructure. the chips and science act and the pact act for veterans and their families. in fact, i think it's fair to say we've achieved more bipartisan agreement in these nearly two years than anyone thought was even remotely possible when i entered office. so i thank the republicans who stood up. i'm proud of it. it's been good for the country. i believe republicans could have and should have joined us on this bill as well. after all, this bill cut costs for families, helped reduce inflation at the kitchen table, because that's what they look at, how much of their monthly bills and how much they have to pay out for necessities. it gave them just a little more breathing room, as my dad would say. this bill will lower the deficit. this bill alone is going to

lower the deficit by $300 billion over the next decade, because it's going to pay less for prescription drugs. that's on top of the $350 billion we reduced the deficit in my first year, $350 billion reduction. for this fiscal year, $1.5 trillion reduction in the deficit! so i don't want to hear it anymore about big spending democrats. we spend, but we pay. ladies and gentlemen, the last guy who had this job, well, let me put it this way, this bill finally delivers on a promise i've made to the american people for decades, but republicans choose not to join us. in the end every single republican voted against this historic law. so it fell to the democrats to meet this moment and deliver for the american people. that's exactly what we did.

we pay more for our prescription drugs than any developed nation in the world. let me say that again. in america we pay more for prescription drugs than any developed nation in the world. there's no rhyme or reason to that. for years so many of us have been trying to fix this problem, but for years big pharma blocked medicare from negotiating lower drug prices. but not this year, not this year. this year the american people won! big pharma lost! now, medicare will have the power to do what so many democrats and republicans in the past talked about doing, lower prescription drug prices. seniors will see their out-of-pocket costs for their prescription drugs limited to $2,000 a year. they cannot pay a penny more than $2,000 a year, no matter how high their drug costs are, whether for cancer drugs or