bernstein was talking about the checks and when they would phase out. he said people making over $300,000 should not get those checks. we heard susan collins talk about the checks ending with $55,000. when will we know who is phased out? >> there is an active discussion. a final conclusion has not been made, as jared was saying. those discussions are happening with democrats and republicans. the president is firm on the necessity that people receive, who are eligible, $1400 checks. he's not movable on that becoming smaller. but there is a discussion, as jared said, about the phase-out and what that looks like. now, that doesn't mean that somebody making -- that it's a dead cutoff. it means that it will be phased out to slightly less than that amount at whatever the cutoff is. those are ongoing discussions and a final decision has not been made. >> reporter: finally, there's been a lot of discussion, president biden talked about the stimulus lessons that they learned. what are the other things that the president has drawn lessons from? was it the auto bailout? there were so many other things p people were dealing with, and how is he