on a total of more than $3 trillion in spending to get the economy going, including lots of new taxes that are being levied out there if this bill goes through saying that it s a huge record of accomplishments now. we ll talk about the evolving narrative out of the white house and whether or not it s true. the bill is called the inflation reduction act. it s packed with green energy handouts as part of the push to transition. you ve heard a lot about that. look at all of those on the list where this money is going, transitioning where you get your energy, green energy. it s a big part of what is in this bill. so this afternoon, we ll peel away the layers, show you what is actually in this bill and whether or not you can assess whether it was make life easier or better for you. lauren simonetti is here and joe concha. first to aishah hasnie with the very latest that just developed this afternoon on the potential passive of this bill. senate democrats have hit the road. they
bill: we have gotten a lot of this video in overnight. precision missile strikes blanketing the waters around taiwan, threatening the democratic republic that the u.s. considers to be a strong ally. dana? dana: china demonstrating its ability to bombard the island by air and sea. the show of force prompting taiwan to put its military on high alert and cancelled dozens of commercial flights. bill: beijing is conducting these drills closer to taiwan than ever before. some of them happening a mere 12 miles away. beijing surrounding the island with helicopters and war ships showing its ability to enforce what could be an all out blockade at some point. dana: meanwhile, republicans are blaming president biden. they say his mixed messaging on pelosi s visit gave china the green light. he sent the wrong message like he did to putin. let s invade a little portion of it. we should be very upfront at the very beginning. do not send a missile across. we should set a fine line
Wyoming Senator John Barrasso has introduced, along with other Republican senators, a bill to try and repeal a tax increase on large corporations that was passed by Democrats in August.
Wyoming Senator John Barrasso has introduced, along with other Republican senators, a bill to try and repeal a tax increase on large corporations that was passed by Democrats in August.
senator cinema for their massive tax and spend bill. she s reportedly concerned about a 15% corporate book tax in the measure. and that would ultimately pass on the cost to workers and consumers. but in a wall street journal op ed, karl rove argues even if the deal passes, it won t save the democrats from a wipeout in the midterms. he joins us now. so good to have you. want to play call for number one for you this morning, this is mitch mcconnell, senate minority leader on special report last night. calling it inflation reduction bill is rather laughable and analysis indicates it actually increases inflation the next two years. it s a terrible package. it appears as if they re all in line but one, it will be up to senator simema from arizona who is quite fierce and independent to figure out the final details of the bill. dana: no wonder the democrats wants to pass this revised