to look at. but when i see china s, whenee i see the bognor group moving amer through africa, when i see w the influence that s happeningtn in latin america, when i seee as that we can t get ukraine arms,h that they that they thatt they need and that we can td foi real get taiwan arms they paid for,eo i really wonder where our priorities are. know, are you concerned? why, becae you know, i m glad we re having the narrative on climate change and i ll tell you wht why, becah if you look at what s being done in china, i m glad you brought it up. china, for example, has just $14 billoned two 14 billion dollar refineries and are using brand new technology that sequesters carbon. sethey re they re becoming the shining example of supporting carboe ofn us energy and we re not doing anything. we haven t built a refinery i since nineteen seventy seven int louisiana because we can t get permits. and i think that s pretty frustrating to watch our adversary, our economic adversary, at leasr t adv
that were moved, and then additions put in, by kyrsten sinema, to get that crucial 58 vote. that included tax provisions. one, a 14 billion dollar provision to alter the carried interest tax break. basically, for hedge fund billionaires. but, it was replaced with some other taxes that will, actually, increase the revenue coming in. now, another was a change in the alternative minimum tax. the new minimum tax, for corporations, that would reduce revenue, somewhat, by basically allowing more depreciation by companies. manufacturing companies actually like that. but, we do know that there are major changes made by the parliamentarian. as you know, sam, when you do reconciliation, you actually have to have within it, provisions, to get this status, where you can deliver an
will say this, he is, objectively, one of the foremost experts in all things the institution of congress. norm, thank you so much for joining us, i really appreciate it. let s just talk us through, as you understand it. the state of the legislation, at this very moment. what is in the bill, what is out of it? so, we know that there are a few things that have been removed from the original bill, that was put together by chuck schumer, and joe manchin. first, where some of the things that were moved, and then additions put in, by kyrsten sinema, to get that crucial, 58 vote. that included tax provisions. one, a 14 billion dollar provision to alter the carried interest tax break. basically, for hedge fund billionaires. but, it was replaced with some other taxes that will, actually, increase the revenue coming in. now, another was a change in
kristen sinema, who oked the bill after negotiating to drop a 14 billion dollar tax front increase on hedge fund managers and private the next step is overcoming republican roadblocks. here is democratic senator brian schatz urging members of his own party to keep their eyes on the price. this really is a delicately negotiated compromise. there are lots of things i would put in, even a few things i would remove, if i brought it myself. but to get to 50, we had to get this finally calibrated. i think the other things to point out, look, the voter we have a bill, and they have one objective, and one objective only. which is to kill it and kill it with amendments. therefore, i will propose all the amendments. republican senators were not on board with the bill. in fact, minority leader mitch mcconnell called the bill reckless spending. as you re about to see, senator schumer did not let that talking point fly. democrats want to run
aleve. less pills. more relief i know, i m asking everyone to help ukrainians. we are winning, and ukrainian [inaudible] for the free world. i don t understand why! why we have to convince everyone! this is about humanity! as ukrainians completely plead for more assistance, congress is working on a 14 million dollar package to be included and how will it be funded? let s go to a former ukrainian member of parliament, and a former ambassador to the prime minister. she currently works for ukraine s largest gas company. thank you for joining us. congress might pass a 14 billion dollar aid package specifically for ukraine. what s the number one place it needs to get spent? the task, number one, is to save ukrainian people, now.