I think it was an effective measure. The idea now is we have to hit back hard. We have to hit back strong if were going to finally put this dual crisis of the pandemic and economic payment engendered behind us. With respect to larrys point, one thing is just wrong which is our team is dismissive of inflationary risks. We have constantly argued the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to put this virus behind us. I want to quote Jerome Powell who strongly reiterated this view the other day. I think it was a week or so ago that inflationary risks are also asymmetric. He said, im much more worry about falling short of a complete recovery and losing peoples careers and lives they built because they dont get back to work in time. Im more concerned about the damage that will do, not just to their lives but to the United States economy, to the productive capacity of the economy. Im more concerned abou
west is water conservation. every single drop counts from here on out. wow. bill, thank you for explaining all that. the situation is obviously very dire. they need to find a way to compromise. thank you very much for explaining it to us. top of the hour on cnn newsroom. it s good to have you. this hour we expect to see the president at the white house. he ll sign a bill into law that one adviser calls a culmination of the administration s effort towards building the economy. the inflation reduction act as it s called makes historic investmentes in the fight against climate change. it gives medicare more negotiating power with prescription drug companies. and it imposes new taxes on some of america s biggest corporations. cnn chief white house correspondent kaitlyn collins joins us live now. so democrats consider this a significant victory. they didn t get everything they wanted here. it s not everything they wanted. and it s very different than the build back bette
That delay, that gap is it really interesting. Because we know this isnt the only information that american intelligence had about possible russian attempts to influence the election. So there it were other channels coming in at the same time. Also highlights the degree to which the fbi was put in an almost impossible position later in the campaign. We know they had this information or some of this information. We knew there was the Ongoing Investigation into Hillary Clintons emails. You have the fbi essentially meant to it be a nonpolitical organization in possession of damming fascinating pieces of evidence, if not smoking guns, in either case, trying to decide how to play it, how aggressively to pursue their investigation and what political risks there are for a nonpartisan Law Enforcement agency to be perceived as putting its fingers on the scale if any of this nfrngs came out in the last few weeks. Again, another piece, not the full picture, but justins to provide context for hous
give up, you can make the world a better place. well that s what s happened here. of we persisted and persisted and persisted and never gave up. and today it pays off. i know my dad is looking down and smiling. and finally, most importantly, thank you, president biden, for your leadership. this has been a long and grueling process. we wouldn t be here without you. a year and a half ago you laid out the groundwork for this bill. and like us, you persisted every single day working closely with my team and our caucus for more than a year to get this bill done. the president deserves tremendous credit for this moment. he knew precisely when to step in and when to let negotiations play out. he knew when to use the bully bull pit and when to bring people together away from the
gangster? the implication meaning there may not be. evil is a gangster s heaven. this guy is going to celebrate his heaven. the day is coming. yes, trump, no justice. i think he s transparent barrier to justice. i think last night fit his play book which is what he is doing? he s trying to obstruct an investigation to impede it and try to use the bully bull pit comparing his suffering to war. we can t have war. we can t have investigation. it tells us how he thinks about it. he s in war like the mobster of some organization crime family and he s telling the people because he s accomplished so much, lay off me. i m not worth this kind of a prosecution. he also insults it. he calls it, it s a ridiculous investigation.