that is the measure of building back better. >> jared bernstein, member of president biden's council omic advisers. jared, it is always nice of you to spend some time with us. thanks for making time tonight. >> my pleasure, rachel. >> all right. we'll be right back. stay with us. hey, i just got a text from my sister. you remember rick, her neighbor? sure, he's the 76-year-old guy who still runs marathons, right? sadly, not anymore. wow. so sudden. um, we're not about to have the "we need life insurance" conversation again, are we? no, we're having the "we're getting coverage so we don't have to worry about it" conversation. so you're calling about the $9.95 a month plan -from colonial penn? -i am. we put it off long enough. we are getting that $9.95 plan, today. (jonathan) is it time for you to call about the $9.95 plan? i'm jonathan from colonial penn life insurance company. sometimes we just need a reminder not to take today for granted. if you're age 50 to 85, you can get guaranteed acceptance whole life insurance starting at just $9.95 a month. there are no health questions so yo

that is the measure of building back better. >> jared bernstein, member of president biden's council d, it is always nice of you to spend some time with us. thanks for making time tonight. >> my pleasure, rachel. >> all right. we'll be right back. stay with us. ♪♪ energy is everywhere... even in a little seedling. which, when turned into fuel, can help power a plane. at chevron's el segundo refinery, we're looking to turn plant-based oil into renewable gasoline, jet and diesel fuels. our planet offers countless sources of energy. but it's only human to find the ones that could power a better future. ♪ you probably think visa is a credit card company, huh? ♪ but it's actually a network. ♪ connecting just about everyone to just about everyone else. ♪ it can open eyes with a cup of coffee and change minds on what makes a business, a business. and it is working to connect everyone, everywhere. so, meet visa. a network working for everyone. ♪ for people living with h-i-v, keep being you. and ask your doctor about biktarvy. biktarvy is a complete, one-pill, once-a-day treatment used for h-i

to talk with jared bernstein about, he's from the white house council on economic advisers. jared, first things first, kyrsten sinema, who may be key to all of this, was at the white house for three meetings yesterday including with the president. do you know what she wants? >> the readout from those meetings according to our press secretary jen psaki yesterday is that these were very positive conversations, moving forward towards reaching these goals for the american middle class. the idea of making transformational, generational investments in child care, in elder care, in roads and bridges, in clean energy, in saving prescription drug costs for the american middle class. these are the set of policies that all the senators who have engaged from the democratic side with the president have said are their priorities. as they work through this path, the readouts we're getting are quite positive in terms of momentum. >> but she's not on board. do you know what she wants in this bill and the price tag that she wants? >> so i think that we're in the midst of real time negotiations

. >>> up next jared bernstein will join us on a first on cnbc interview to react about the president'sld about an hour or so ago. >>> and mike feroli weighs in on the retail data and what that says about the state of the consumer consumer "closing bell" i wonder how the firm's doing minutes. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer. hey, dad! crafted by lexus. hey, son! no dad, it's a video call. you got to move the phone in front of you like..like it's a mirror, dad. you know? alright, okay. how's that? is that how you hold a mirror? [ding] power e*trade gives you an award-winning mobile app with powerful, easy-to-use tools and interactive charts to give you an edge, 24/7 support when you need it the most and $0 commissions for online u.s. listed stocks. don't get mad. get e*trade and start trading today. (vo) at t-mobile for business, unconventional thinking means we see things differently, so you can focus on what matters most. whether it's ensuring food arrives as fresh as when it departs.

the economic adviser, jared bernstein, does anyone know the president better than you in. >> there area meeting of the mind, though, you no that we do you are always honest with me, although you are very smooth in explaining. >> smooth and honest >> the president used to be seen as a real moderate and you are seen what's written now about whether he's, i don't know the progressives maybe have too much of his ear at this point. are you on board for everything in the 3.5 trillion or some people say it's as much as 5 trillion and you know some of the gimmicks we're only going to do some things a couple years. you know it will be extended it will cost a lot more. >> first of all, let me say, i can think of no better place to spend the last quarter with you all. so thank you for inviting me first of all, i don't think labels like moderate really describe much these days in terms of what's on the docket here secondly it's not so much of what i think. these proposals, whether it's investments in infrastructure, bridges, broadband, safe drinking water for kids faced with lead in their pipes an