earlier, i spoke with one of the lawmakers most responsible for keeping joe manchin and chuck schumere negotiating table, democratic senator john hickenlooper of colorado, watch. >> senator but john hickenlooper, think you for joining us. according to axios, sir, you had it integral role in getting senator schumer and mentioned back to the negotiating table back on reconciliation. it is good for us in the climate. tell me what you are saying to get them back to the table. >> let's be clear that chuck schumer and joe manchin were the ones that created this and negotiated it. i just wanted to be the positive and optimistic force, anytime there were disruptions. i tried to push through them and make sure that everybody else was coming along. for a while there, democrats all over the country were giving up. it was just too important for us to give up. >> yeah, no, absolutely, i think that is why a lot of people are appreciative to your efforts and certainly to senator schumer and manchin, as well, for getting the deal done. do you think senator sinema will get on board? >> i think so. i h

but, no, i never rusted chuck schumer. i -- trusted chuck schumer.he was going to continue trying to put together some reckless tax and spending bill until the final moment of the final day of the fiscal year. i knew he wasn't going to stop. no republican should ever believe chuck schumer. with regard to the bill that passed, there were republicans and democrats who know we have a specific problem with china. i say never again can we be dependent on china for medicines, for materials, for important minerals. never again. they're trying to get at a problem. i just think it didn't provide what we needed to do to prevent china from stealing our trade secrets. i've been on the conference committee for that bill, the votes were there. i'm not surprised it passed. what i am surprised is that joe manchin has signed on to chuck schumer's bill. i'm not surprised that chuck schumer will continue to tell people anything that will help him go very, very liberal with his agenda. maria: well, senator, i guess what i'm asking you is shouldn't the republicans be doi

what is chuck schumer doing exactly? and why?will tell you after the break. ♪ ♪ ♪ ♪ >> tucker: congress is meant to vote on a bill that would give more than $50 billion to the semiconductor that fried billions for "domestic science investment in education" so because it is for domestic production it would have borrowed u.s. tax dollars from funding semiconductor manufacturing and research in china. but then senate majority leader, the adverse silty chuck schumer stepped in and remove that from the bill thereby helping china. the prebegin reporting that republicans were caught off guard, what is this about? and what effects will it have? jonathan tolson is the author of 5g and footing back, joining us tonight. thank you so much for coming on. and i should say that this was the business you are in for quite some time, deeply grounded in this topic. why would chuck schumer do something like this and what will the effect be? >> well, china has figured out how to play our congress like a fiddle. they have -- they know that american co

he's been negotiating with chuck schumer on the inflation reduction act and the final agreement was made in a zoom call. democrats say the bill would reduce the deficit by $300 billion, revenue would come from a minimum corporate tax rate, expanded irs tax enforcement and by tightening the so-called carried interest loophole that benefits some investment managers. the bill would also make the largest investment in fighting climate change in u.s. history. nearly $370 billion will go to new tax credits for renewable forms of electricity, electric vehicles and grants to automakers to increase efficiency. on healthcare, the bill would keep the affordable care act premiums from increasing and cap out of pocket prescription drug costs for medicare recipients at $2,000 per year. medicare will also be able to directly negotiate prices with drug companies, reducing costs. we go now to west virginia democrat joe manchin. senator, welcome. i hope you're feeling better from the covid. let me start with -- >> i am, john. thanks for having me. i appreciate it. >> let me start with something you to sai

does that mean chuck schumer. not for the going to have to trim it down the going to have to find something that's under manchin will agree too. the last thing you don't you head into a recession when the economy's in this of shape, raising taxes on job creators certainly do not need see anymore the green energy investment going on for the more regulations constraining oil supply at making our economy far, far worse with the pain of pompous and robust. that's at the time is slowing, elastic people is higher taxes. how significant are the tax increases? the reconciliation opportunity you think they'll be able to do something? >> are going to have to completely recalibrate because joe manchin is taken a big chunk out of this package that they wanted to show through. particularly how the going to pay for it right to pay for the somewhat more on the backs of americans in corporate texas who thanks paying the corporate taxes? it's a higher price is more inflation at one robust, less investment is going to occur as well

plus with ten days to go before the august recess, chuck schumer is urging democrats to stick together to pass that spending bill. we'll go live to capitol hill when "morning joe" comes right back. for too long, big pharma has been squeezing americans for every penny, and inflation has only added to the pain. but congress has a historic opportunity to deliver relief, by passing a bill to let medicare negotiate lower drug prices and put money back in the pockets of seniors. 87% of americans support the plan, and applaud the senators who are standing up to big pharma. let's make history. vote yes to let medicare negotiate lower drug prices. finding the perfect project manager isn't easy. but, at upwork, we found him. he's in adelaide between his color-coordinated sticky note collection and the cutest boxed lunch we have ever seen. and you can find him right now on upwork.com when the world is your workforce, finding the perfect project manager, designer, developer, or whomever you may need... tends to fall right into place. find top-rated talent who can start today on upwork.com in the n

. >> up next senate majority leader chuck schumer and congressman david joyce explain why they support cannabis legalization at the national cannabis policy summit in washington, d.c. this portion of the summit focuses on the interstate commerce of cannabis, , criminal justice reform and environmental impact of the cannabis industry. >> all right. well, good morning, everybody. i would like to welcome you all to the national cannabis policy summit here at the ronald reagan building and international trade center. first i would like to start by thanking our host venue.

chuck schumer, the d.c. mayor, mayor bowser, who preemptively said she didn't want the guard, and the capitol police chief who himself at first didn't want the guard, but then after a new assessment came in terms of security, reports he was begging for the national guard for days. we should have been listening to him. why? to make sure this never happens again. it's really that simple. they only interviewed the house sergeant of arms behind closed doors, they will not release the full transcript everyone. i think they should be transparent and release all the transcripts. remember, these were the very key people who were ultimately in charge of security in and around the capital. they were all off limits according to the chairman bennie thompson. instead the committee brought in in some cases hearsay witnesses, but only evidence that fit what we said from the beginning was their predetermined outcome in order is always to bash, smear, slander, besmirch donald trump yet again. of course the committee didn't a

he informed chuck schumer that he, quote, unequivocally will not support climate or tax provisions in after months of negotiations to try to get manchin's vote because obviously his vote is crucial in an evenly divided 50/50 senate. bill weir joins us now live. what specific provisions was manchin rejecting here? >> well, pretty much all of them, jake. it started with the $2 trillion build back better plan which was a combination of carrots and sticks over the months, manchin fought all of the sticks that would penalize the big polluters. and then they had a package that they thought -- that colleagues thought he would agree on, a bunch of carrots, incentives to develop cleaner energy, carbon capture technology, and it seems like he doesn't want anything to do with that either. senator martin hieinrich said hs refusal to act is infuriating, making me question why he's chairman of the committee. i don't know if it's all that surprising. if someone shows you who he is, believe him the first time. here is joe manchin 12 years ago. >> i sued epa and i'll take dead aim at the cap and trade

explain why you targeted not the republicans but the senate majority leader chuck schumer.s, amy. part of this action was kind of an alarm bill that we were ringing from the inside. we were trying to direct people toward the senate majority leader, and frankly, the president of the united states to say these are the people that need to be negotiating like our lives depend on it, which they do. we have seen senator manchin go back and forth with industry, and we thought was needed here was a boost for senator schumer to keep negotiating, to not get discouraged, to keep going. we have no option. there is a huge age divide here. we hope this had an impact, but there are hundreds of congressional staffers who are doing different things to try to get this bill back to life. we are going to live through the chronic crisis. -- climate crisis. i am hoping that my goddaughter grows up in a livable world. we were on track for that. hopefully we are more livable. amy: we spoke to your father, who was arrested twice last week. you were arrested once. a lot of arrests in your family. ta

which have been frozen, may be on the move again with a surprise deal between joe manchin and chuck schumer. cnn will bring you the president's remarks when they begin. let's start with the new gdp report. with me is matt egan. walk us through the report, the numbers, what you see. >> so broadly consumers were still spending. it is a slowdown for sure but overall that was a positive contributor to gdp. on the other hand, government spending slowed down. when we look at where consumers are spending, it's an acceleration of what we've seen. we spent less on physical items. services, however, think airfare, which is why airports are so busy these days, hotels and restaurants, that really accelerated. business spending declined and inventories, which we have been hearing from a lot of retailers for sure but also other companies they are trying to move out their inventory, there has been a mismatch of what they have. that was reflected here, too. i think to put it simply, it is clearly showing a slowdown. >> matt, this is -- you've written a lot about this. this is one of the big indicators that

so chuck schumer shilling for the government of china. yeah,uc she was removed a key provision from senate legislation that to ban u.s. companies from manufacturing products and semiconductors in china. this is a massive threat to america's national security. what is chuck schumer doing exactly and why? we'll tell you after the break. hollywood actor alec baldwin, actor alec baldwin. authorities say that actor alec baldwin shot and killed a woman on the set of his upcoming film. russ, alec baldwin always seems to be in the spotlight for good or bad back . brian kilmeade, who is alec baldwin? go inside the actor's rise to stardom with the personal approval ratings and the controversies made their way to the public's deep trouble. and alec baldwin is never too far apart. baldwin's voicemail from his daughter with uttering a homophobic slur for many actors. if you behave badly again and again and again and you can live with the fact that he said that it would be alec baldwin pat cipollone on fox station. hey, everyone on mike huckabee, forme

this is giving the opportunity to the biden administration and to senate majority leader chuck schumercrats the opportunity to enact much of their agenda, climate change provisions, tax provisions, everything that they've been talking about for two years and by the way, schumer got a lot of flack for, for being too timid, and as did manchin for that matter, and it's just a massive, massive temporary victory for democrats to even get a deal with manchin on this. by the way, manchin's in covid quarantine. we talked to him yesterday for this morning's edition about what kind of came together, how this came together and he said that schumer came back to him and said let's just do a deal. let's scrub this thing, get rid of everything you don't like and let's put this through. so now this begins, willie, a mad rush to be honest with you through august to get this through the house, through the senate and to the president's desk and republicans are going to say it's a tax increase during a soft economy, and there is truth to that. it does increase taxes t gets rid of the carried interest loop

protesting in chuck schumer's offices at the heart senate office building room 322.hey were asked to. >> steve: you see those signs and like that sign that says "try" and keep negotiating, chuck. >> ainsley: climate policy. >> steve: joe manchin on climate change. it's interesting, one of those arrested saul levin son of michigan. cory bush, jamaal bowman, will jamie raskin and ilhan omar all were arrested. apparently it joe manchin did behind closed doors essentially commit to coming up with some sort of a climate bill that he would like to introduce by the end of august but apparently these young staffers were just trying to 40s issue we are going to get publicity and sing a softening and get arrested in chuck schumer's office even though they are mad at joe manchin. >> brian: right. the people -- that's the party that i brought you the aoc protest outside of nancy pelosi's office. remember that a few years ago. so this is what ro khanna said i stand in solidarity with my staffers including those in my office who peacefully protested for climate action today protec

. >> on monday, chuck schumer says he will hold another vote on monday?f it doesn't, will the republican party that claims to be the flag of the military, will it suffer any consequences for this outrageous vote? >> isn't that the usual? you and i can talk about it until we're blue in the face. they will never hear it. there is an information silo. i was lucky enough to get a hold of news max and go on there and it might be the first time the viewers heard about it. fox news, they have refused to put me on the air. we have been begging to be put on the air all day long. so we can bring along some possible accountability to these senators. by the way, most of whom voted for the bill and then turned around and voted against it, and even though there was no material change. i've never seen anything like it. nobody on the hill has ever seen anything like it. and the truth is, the people who suffered the most, and had to fight the hardest are the ones who will, once again, bear the brunt of this, you know, this betrayal. honestly, you question the very foundat

. >> still ahead embarrass they got outmaneuvered by chuck schumer, they lash out at sick veterans, plushe doj has phone records, so, just how much trouble is trump's chief of staff in? next. next after my car accident, i wondered what my case was worth. so i called the barnes firm. when that car hit my motorcycle, insurance wasn't fair. so i called the barnes firm. it was the best call i could've made. atat t bararnefirmrm, our r inry a attneysys wk hahard i could've made. atat t bararnefirmrm, to get you the best result possible. call us now and find out what your case could be worth. you u mit bebe sprisised ♪ the barnes firm injury attorneys ♪ ♪ call one eight hundred, eight million ♪ >> what's the deal with donald trump's chief of staff mark meadows? we know he's subpoenaed by the january six committee, back in september of 2021. 12 months, later and, november chairman bennie soon announced that he was gonna cooperate with the committee. he handed over approximately 9000 pages of records, including text messages leading up to the january 6th attack. and, then all of a sudden, follow

. >> on monday, chuck schumer said he's gonna hold another vote on this bill.o you think it will pass on monday, and if it doesn't, will the republicans body that claim to be the party of the flag of the military, will suffer any political consequences for this outrageous vote? >> isn't that the issue? you and i can talk about it until l blue in the face. they are never gonna hear this. there is an information silo. i was lucky enough to get a hold of the newsmax this morning and go on there. might have been the first time those news have ever heard about. it fox news, they refuse to put me on all day. we have been begging them to get on the air all day long. so that we can finally bring along some possible accountability to these senators. by the way, most of whom voted for the bill, and then turned around and voted against it, even though there was no material change. i've never seen anything like it. nobody on the hill has ever seen anything like it. and the truth is, the people who have suffered the most, and had to fight the hardest, are the ones who will

this deal was cut ex-cclusively between joe manchin and chuck schumer.y where she will come down. she's declining to comment, she would not answer questions about it today. she did not even go to a senate democratic caucus meeting where they discussed these issues. her office is waiting for the senate parliamentarian's review of this bill to move ahead. that is the other big obstacle here, jake. the senate parliamentarian needs to decide whether this can pass muster under the senator's budget rules. if she does say that, then the bill can pass along straight party lines avoiding a filibuster, meaning they don't need any republican votes to get this done. so these are the two cheap hurdles. but chuck shumer is optimistic this will move ahead after he and joe manchin reengaged in talks and cut this deal. manchin told me and other reporters today that he was alarmed at the inflation numbers that came out in june, mid july about the june numbers. that's why he initially stepped back. but he continued to talk and a deal was reached. take a listen. >> that 9.1

chuck schumer has not actually said he will bring marriage equality up for a vote.e senator, is agreeing to vote for it. it could be a win for some of these republicans who need a moderate win ahead of the mid terms. it is so cynical. one thing i have to say. biden did have this victory. we also are in a recession. brian deese says two straight quarters of negative economic growth is a recession. i hope they can name it the bringing down inflation. we are in a recession whether we call it that. >> i want to jump on that point of cynicism. the presumptive nominee is donald trump. he just hosted a golf tournament with -- >> they also think he engaged with 9/11 denialism. i would note this, by the way, he's the only person that loses to biden head to head. there are other candidates, mike pompeo, nikki haley. >> would you like donald trump to be the republican nominee in 2024? >> i would. >> it would make it easier. >> it would guarantee a win. >> really? >> look at the polls. who is going to put trump back in power again, particularly after day after day there's somet

chuck schumer has not guaranteed to codify marriage up to vote.is agreeing to vote for it. it could be a win for some of these republicans who need a moderate win ahead of the midterms. it's so cynical how our politicians behave. one thing i have to say real quick. biden did have this victory we are in a recession. brian deese said it in 20 on the, two straight quarters of nick growth is a recession. so, i hope, you know, they can name it the bringing down inflation act and all good things. it doesn't mean it's actually going to do that. we are in a recession whether we call that. >> i want to jump on that point of cynicism. we can talk about biden all we want but the presumptive republican nominee is donald trump. he just hosted a golf tournament with folks he blamed for 9/11. you want to talk about cynicism. that to me seems cynicism. >> he engaged on 9/11 denialism. i agree with you on that. i hope he's not the gop front-runner. he's the only person that loses to biden head-to-head in the polling. there's candidates, mike pompeo, nikki haley, w

. >> still, ahead embarrass they got outmaneuvered by chuck schumer, they lash out at six.erans, plus the doj has phone records, so, just how much trouble is trump's chief of staff in? next. in? next formula can help reduce the risk of dry amd progression. ask your doctor now about an areds 2 supplement. bubbles bubbles so many bubbles! as an expedia member you earn points on your travels, and that's on top of your airline miles. so you can go and see... or taste or do absolutely nothing with all those bubbles. without ever wondering if you're getting the most out of your trip. because you are. ♪♪ meta portal go. look professional. ♪♪ even if you don't feel it. meta portal. the smart video calling device... - right on time! - of course. that makes work from home work for you. so, shall we get started? my a1c stayed here, that makes work from home work for you. it needed to be here. ruby's a1c is down with rybelsus®. my a1c wasn't at goal, now i'm down with rybelsus®. mom's a1c is down with rybelsus®. (♪ ♪) in a clinical study, once-daily rybelsus® significantly lowered a1c

. >> new tonight, democratic senators joe manchin and chuck schumer announcing a deal on a bill thatll but dead. >> you almost never see this in washington. you never see washington surprised like it is this morning. democratic senator joe manchin announced he has struck a deal with senate majority leader chuck schumer. this is a major piece of legislation that they say would pay down the national debt, cut healthcare costs, fight climate change, and battle inflation. >> it is the product of secret negotiations over a package that, until yesterday, appeared to be dead. two weeks after walking away from a climate deal, west virginia democrat joe manchin embraced one last night with a compromise dubbed "the inflation reduction act of 2022." >> trevor: i can't believe be it! joe manchin agreed to vote for a bill? which means democrats might actually get something done? ( cheers and applause ) >> trevor: am i dreaming? and if so, what a boring dream? ( laughter ) also, what a week for joe biden? first he defeated covid. then he defeated low expectations. look at you, joe, look at you. bu

staffers of far left democrats were arrested yesterday for protesting outside senate majority leader chuck schumer'sice. they're all on the same team. they don't like it. they say they want him to restart talks with senator joe manchin over spending on climate issues. they showed up at chuck's office. democrat congressman roe khanna called out capitol police for making the arrest. he said i stand in solidarity with them who protested for climate action today as the house st of arms announced the program giving lawmakers to help protect their homes with thousands of dollars apiece. what about the illegal protests at the home of conservative u.s. supreme court justices? i'm with you. >> this is just a democratic commercial. they are protesting. go show photographs of judge kavanaugh being terrorized at morton stake house or in fronts of their house. go after joe manchin. schumer doesn't fear these guys. it is embarrassing and insulting. >> harris: former utah republican congressman jason chaffetz. what's is your response? >> shame on the democratic congressmen who sent staffers over for a publicity st

joe manchin later clarified he's paring down the package to try and meet chuck schumer's deadline before those subsidies expire. and he's not ready to spend until he sees the next inflation report. >> until we see the july inflation figures, and stomach until we see the july federal reserve rates, interest rates, then let's wait until that comes out so we know we are going down the path that won't be inflammatory to add more to inflation. >> of the ordeal eerily similar to what happened last fall when someone leaked a memo outlining his opinions on build back better. some of his most vulnerable colleagues facing tough elections this fall may feel relieved but senator joe manchin's loudest critics are already using him to energize voters. >> mr. fossil fuel industry in the senate, how is he the one making the decisions about private investment? >> we are just going to have to elect a couple more democrats will overturn the filibuster and fight for working people and not oil companies. >> in the president is now weighing in from halfway across the world essentially telling the senate to go

senate majority leader chuck schumer talks to reporters about house passage of a bill to boost computer chip production which now heads to the president for his signature. senator schumer also spoke about a compromise to deal in the senate to address prescription drug prices, climate change and the budget deficit. [inaudible conversations] why don't we get a different color for each day. okay. well it's been a momentous 24 hours in congress. the legislative punch the american people rarely see. a little while ago the house voted to approve the largest investment to lowering costs, increasing manufacturing, investing in science and helping to fix our semi conductor crisis. the chips and science bill after three long years now goes to thh president's desk. and last night senator mansion and i announced an agreement on the reconciliation package.io the inflation and the challenges facing the american people lowering the cost, fighting climate change and making healthcare more affordable in this country. again the past 24 hours have been a one-two punch that americans rarely see and will be

revised version of the build back better spending bill after joe manchin and senate majority leader chuck schumerch a deal on a reconciliation package. multiple police -- used to transport oil light would have racked up multiple traffic tickets despite her advocacy for stricter speed hammers in the city. para cold case homicide cases in california have alluded to 34 decades, now solved thanks to advances in dna technology. but first, the federal reserve raising its key interest rate by three quarters of a percentage point to its highest level since 2018. could even, david. >> the fed chairman believes interest rates once again well, inflation and fears from wall street to main street. up for months, americans have been struggling with record inflation back on wednesday, the federal reserve once again raised interest rates by 75-point. jerome powell's comment, head of the critical gdp report out thursday that will show whether the economy is growing or in a slow done. the biden administration does not believe the u.s. is in a recession. >> doesn't seem that the u.s. economy is in a recession write

how senators joe manchin and chuck schumer got to that big spending agreement. what it does and what it means for democrats' chances in the midterms. crats' chances in the midterms when you have technology that's easier to control... that can scale across all your clouds... we got that right? yeah, we got that. it's easier to be an innovator. so you can do more incredible things. [whistling] >>> new this morning, the government says economic growth was down for the second straight quarter, falling by an estimated 0.9% between april and june. the news comes as it is labor department reported 256,000 americans filed first-time claims for unemployment last week, and one day after the federal reserve raised its benchmark interest rate by three-quarters of a percent, all in an effort to bring down prices. it's the fed's fourth rate hike this year. with us to talk about it is insider columnist linette lopez. thank you for being with us this morning. we spoke of fed chairman jerome powell say during his press conference that the economy is not in a recession right now

the democrats, chuck schumer, all of us are working towards bringing down these prices to say to peopleacing insulin-dependent diabetes that the cost of their drugs and insulin will be left to my css and not more than $35 a month. dramatic changes, bringing down prices that families struggle with every single day. now senator mcconnell was coming up and sing out to stop the sever to bring down prescription drug prices. i don't want you to do it and you shouldn't do it and if you persist in this effort to do it i will stop the building gives us better competition with china. the industry is essential to economic growth and job creation in this country and we've lost ground pair you have to build a change of mcconnell says he wants to stop that bill. going to do it if we should violate the pharmaceutical companies plead to us not to lower prescription drug prices. the bottom line is this. in american family needs help in playing dumb i paying the bills and they need help in life-saving drugs being affordable. the democrats are leaving that, senator, mcconnell opposes it. >> their democrat

meanwhile, majority leader chuck schumer applauded his colleagues for getting it done. >> this is sorta sputnik moment, where america realized this time it wasn't russia but china, another rival power, getting way ahead of us, if we didn't pull out all the stops and this legislation is the first large step in pulling out all of those stops. so that we can stay number one. >> a strong sputnik reference there. and president biden applauded the bill's passing saying it will help the economy by creating jobs and protecting supply chains but still needs to pass the house before it heads to his desk. >>> joining us now, nbc news capitol hill correspondent ali vitali, great to see you again. let's start there. with mcconnell's threat to vote down this chips bill, if reconciliation were to pass. well chips goes to the senate, and then the reconciliation looks like it is done also. so we're hearing a lot of anger from republicans, and even suggesting it will whip votes in the house against it, but tell us why that may not be effective, and is that putting gop lawmakers in a position to vote aga

you had it in your lead-in, senator manchin and senator majority leader chuck schumer inc.ked a $740 billion agreement. it's not finalized. it's still being reviewed. there -- has to go through a technical review process and then the senate will take it up next week and start voting on portions of it. there will be amendments. there will be a real long process to -- going to take a couple of weeks to get ts through congress. maybe they finish it in the senate next week and maybe the week after and the house comes back. but this was a shocker. we didn't see it coming. manchin had walked away from some negotiations for the second time just recently. but he kept saying he -- you know, i'm still at the table and still at the table and he would walk by us in the capitol, ok, you're still at the table. but we didn't believe him. i talked to him from 20 minutes the other night. he just said you know, he really wanted to make a deal. he h always wanted to make a deal and he knew what everyone was saying about him. and he was completely aware of what progressives and democrats were saying abo

. >> chuck schumer said he will bring the bill up for a vote again on monday. >>> governor andy beshear announced at least six people have been killed in devastating floods there. he added an official death count is still being tallied. at about the same time, the white house announced that president biden approved an expedited major disaster declaration for kentucky. the governor said hundreds of homes are still underwater and many road remain unpassable. rescue crews are scrambling to find survivors. >> and will the candidate that trump endorsed win a key primary? >> and what will senator sinema do about the clean energy package? lean energy package? aleve it, and see what's possible. when i make decisions as a leader, it's not about me or the folks that are here. it's about the next seven generations coming behind us, making sure that they have the ability to move forward. prop 27 will help small rural tribes like mine get a seat at the table will be transformational for my tribal members. taxing online sports betting gives us an opportunity to really enhance the lives of our tribe a

the two had a very good relationship when chuck schumer became the democratic leader a couple. -- joechin did not get along with harry reid. schumer was a big plus for him. you had the big moment in december when joe manchin walked away from build back better, that was a huge embarrassment for the president and schumer. you had a big moment early in this year when joe manchin refused to move on the filibuster. that was a big embarrassment again for schumer. again, it looked like a couple wes ago that these talks were going to break down. manchin kept saying to me and some other reporters, i'm not walking away from the table. chuck says i am, but i'm not. they kept talking. senator schumer said, on july 18, joe manchin reached out to him after announcing the deal had fallen apart and sai i want to keep talking. they were able to come up with a deal this week. >> this agreement marks the most substantial effort to tackle climate change by the federal government in recent history. reduce carbon emissions by roughly 40% by 2030. it is not quite would president biden set out to do, but is

getting at chuck schumer that is harder. and he votes for almost every biden nominee almost every bite and judge. republicans i encourage you get mad. go out and vote let's elect a republican senate who can reliably stop that policy. and let this be a lesson. >> jonathan unit senator manchin about as well as anyone why did he cut this deal? >> he think that the right thing to do pre-did things right thing to do last year he set it he kept telling his colleagues i'm not walking away from the table but i am not willing to do this faster. he wanted to do it right. he spent some time, he made some changes, got some concessions. this is not bernie sanders six charlie and i would bill this is not even aoc 3.5 chili dollar bill. this is a bill he think is going to help his state and the country and that is why he did it. mike: aside until he done done deal yet for them to figure arizona editor kiersten cinemas on board for it hears on and forth on that. >> she is a dear friend of mine we work very close together. she sent off a lot

chuck schumer cities once again trying this build back trying to bring it back, rising from the dead.n dollars in taxes, mike. more government spending, piling on the green new deal. look, does anybody actually believe that raising taxes by a trillion dollars is going to help inflation? or taxing the companies that produce our oil, our gas to helr the cost of energy? not a single republican is going to support this, mike. and, my comment to my friend joe manchin from west virginia his boat is going to be necessary for this. mike: yes. >> i would remind him that joe bite is populated in that state as low as it is in wyoming. only 17%, joe should not walk the plank for joe biden. spate part of that manchin/consumer proposal expected to include, as you mention, bringing in about a chilean dollars in revenue. we are told that half expected to go towards deficit reduction, have towards energy and healthcare spending. is there an economic argument to made nouns at the time for that kind of spending? >> well, what we have seen us with the last big democrat only spending bill, it made inflati

now manchin and his staff informing the senate majority leader chuck schumer that they are not on board with the energy and the climate provisions as a part of this bill and not on board with the supporting raising taxes on america's wealthiest and corporations. and his office pointing to rising inflation as the reason for this aboutface. now, this of course has set off democrats reacting in anger, shocked and stunned by the news, also climate change activists importantly and senator wyden, chair of the finance committee who helped write this bill, he says, quote, i'm not going to sugar coat my disappointment here. this is our last chance to prevent the most catastrophic and costly effects of climate change. we can't come back in another decade and forestall hundreds of billions if not trillions in economic damage and undo the inevitable human toll. now, democrats of course today are left scrambling trying to pick up the pieces, getting back to negotiations in the days and weeks ahead, but of course they had wanted this to pass before midterms, a difficult midterm election ahead for the

this is between senate majority leader chuck schumer and west virginia democratic senator joe manchin. this is a major piece of legislation, one that they say would pay down the national debt, cut health care costs, fight climate change and battle inflation. joining us now is someone who may have been a key player in making this happen according to the "washington post," former treasury secretary under bill clinton lawrence summers. he also served as director of the white house economic council in the obama administration. thanks so much for being with us this morning. the "post" reports you had a pretty important phone call with joe manchin. talk to us about your role here. >> oh, i talked to officials from -- fairly frequently from time to time, but in order to do that i never talk about the confidential conversations that i have, but this is a good bill. this is an important step forward on inflation, which has been my preoccupation this last year, it's historic on the environment, it's going to make our society more fair and equal at long last, getting rid of the carried interest

the bills that may now pass, the chips bill has passed, and this major agreement between chuck schumer and joe manchin, what kind of win, if any, do you think this puts in joe biden's sails? >> it makes him feel good. you see in that meeting in the white house, he was like the cat who ate the canary as he's talking about the fact that the chips bill got through the senate and yesterday got through the house and he'll get to sign it pretty soon. it looks, although, you know, talk about the perils of pauline, it certainly looks like he's going to be able to get this bill, the reduce inflation act, which is incidentally a much better name frankly than the build back better because inflation is the primary concern. it looks like he's going to get that through the senate, if kyrsten sinema goes along and also through the house. that's all good news for a president who has really been under siege for months now. having said that, in terms of the kind of macro political look, you know, we pay attention to this stuff. i don't -- people leading real lives really don't. and unless it affects the

the west virginia democrat telling majority leader chuck schumer that he will not support a spendingkage with climate provisions or new tax increases on companies or wealthy individuals. it comes as the nation faces 13 straight months of surging inflation as democrats are still trying to get through a reconciliation package which includes higher taxes and trillions in more spending. manchin's office released a statement saying in part, it's time for leaders to put political agendas aside, reevaluate and adjust economic realities the country faces to avoid taking steps that add fuel to the inflation fire. joining the conversation all morning long this morning is fox business dagen mcdowell, ken hahoney, great to see everybody this morning, thanks for being here. dagen, you to give it to joe manchin. he's sticking to his guns even as chuck schumer pushes and pushes and i will point out that the deadline to get a reconciliation package is approaching and they can't do much after september 30th so chuck schumer wants something done before september 30th. joe manchin is not having it with

senator majority leader chuck schumer and west virginia senator manchin reached a deal on energy andfrom capitol hill, irrational correspondent jessica -- what is this bill? >> that appears to have risen from the dead. what is most surprising about this agreement from chuck schumer and joe manchin is that includes tax provisions and climate provisions. you will remember not too long ago we are talking about that senator manchin saying that he would not be supporting any of those things. so, this agreement that we heard about and reported on late this afternoon would include a corporate minimum tax at 15%. corporate minimum tax. it would also include climate provisions that aim to reduce garment carbon emissions by 40% by 2030, again things that we did not anticipate seeing in this, and that it would also allow medicare to negotiate drug prices and extend these affordable care act subsidies to americans out there who rely on those to pay for their insurance. but again, anderson, this news into being, we are talking to senators, they were walking on to the senate floor to vote. senate