it to next year, the divided congress, the narrowly divided republican house and the democratic senate getting a deal next year which is why they re trying to get this done next week. congress continues to blow past the deadlines to fund the entire federal government. they were supposed to do this september 30th, passing each of the 12 annual appropriations bills an they couldn t do that so they punched it until december 16th to get a deadline and they still don t have a deal and they re trying to put it together in one bill called an anybody us spending bill but they still don t have agreement on how much to fund the republicans. they re far apart. democrats want more money for pentagon and domestic spending. about $26 billion or so apart. about $1.57 trillion to fund the government. they still haven t figured out the exact dollar amount. but if they can t get a deal by
she will have a smaller write off for taxes. like many adults, betty is paying off student loans. one of 49 million americans who owe $1.57 trillion in student loans today. betty nearly doubled her debt by going to graduate school in a field she did not pursue. betty, like 90% of student loan borrows have taken a pause on the repayment plan. like the child tax credit, it was a tradeoff. betty is not going to writeoff the federal student loan interest when it comes time to file taxes for 2021. betty and her partner are smart. they have mutual funds which did well, but they are not invested in a 401(k). any gains the fund took are
and the strength of wage increases, and the steps that we ve seen to try to provide some relief to american families, position our economy and american households uniquely well to address what is a global issue around increases and supply chains. reporter: but the progress undercut by apparent reality apparent poll after poll, one president biden himself has made a point to acknowledge in recent weeks. it s not enough to know that we re making progress. you need to see it and feel it are in your own lives. reporter: and creating a potential road block for the $1.57 trillion chorus of biden s agenda. west virginia joe manchin, for months, primary reluctance to support the bill and as democrats point to reconciliation of that bill, republicans looking at a maneuver aimed squarely at manchin s concern, releasing
tennessee with jamie and stacy decided we are going to georgia or tennessee, a southern evening. carley: don t miss it. todd: jen psaki, the fact checking website rating claims she made earlier this month as false. why should americans not be concerned about injecting another $1.57 trillion a would further raise inflation? because no economist is projecting this will have negative impact on inflation. reporter: with inflation is joe concha. but the faxes psaki was wrong to say no economist perceives inflation as part of the bill s passage. several supporters of the white house agenda have gone on the record saying there probably will be inflationary effects especially in the near-term if the bill is passed and yet
noted yesterday that the reconciliation bill would cost not $1.57 trillion, no, but $4 trillion in the end but the squad and the progressives just don t care about any of these concerns, they are going for broke even if it means breaking their own party and losing the house next year. today s positive jobs report should be good news for biden s agenda but it seems to be the opposite. today we learn job growth was above expectations, job numbers for august and september were revised upward by 235,000. in other words more americans are getting back to work than previously thought. that all happened without big government intervention so what does that tell us? it tells us what our economy really needs to take off is for