work through the weekend to pass a major tax climate, and health care plan. after almost a year of negotiations. the first votes expected to begin tomorrow afternoon. today, the senate s top democrat laid out key parts of the bill. this is a very, very, very big deal. including producing prescription drug costs, fighting climate, change closing tax loopholes for corporations in the wealthy, and reducing deficit. i believe we will have 50 votes to pass this legislation at the end of the day. as senator schumer said, this bill includes significant ways to have corporate america be more accountable. finally imposing a corporate minimum tax and another, attacks on companies doing stop by buybacks. this is a common practice when they have extra cash and they choose not to spend it on employees, or research and development. instead, they buy back stock to boost its price and hookup their shareholders. now they choose to do that, should this bill pass, they will be hit with a li
favorite historians, as the 11th hour gets underway on this friday night. good evening once again, i m stephanie ruhle. and after a week of very big winds, president biden is on the verge of another significant victory. as senate democrats prepare to work through the weekend to pass a major tax, climate and health care bill, after almost a year of negotiations. the first votes expected to begin tomorrow afternoon. today, the senate s top democrat laid out key parts of the bill. this is a very, very, very big deal. including producing reducing prescription drug costs, fighting climate, change closing tax loopholes for big corporations and the wealthy, and reducing the deficit. i believe we will have 50 votes to pass this legislation at the end of the day. as senator schumer said, this bill includes significant ways to make corporate america more accountable. and i want to point them out. finally, finally imposing a corporate minimum tax. and another a tax on companies do
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and be sure to catch michael s latest episode of fireside history, available right now on msnbc on peacock. coming up! despite a brutal week, of lethal extreme weather. we managed to find a glimmer, a glimmer of good environmental -ism. when the 11th hour continues!
our democracy. and i m not necessarily betting that we re going to win or not, but it is possible that 50 years from now. the story might look back on some things in 2022, and not be allowed to write or publish them because a lot of our rights have been taken away by a repressive regime. it s all of our responsibility to make sure that that does not happen. and i should say, i have a lot of hope that roughly two thirds majority of americans who are grossly against any reduction of our rights, and taking away our democracy. i believe they will prevail in the end. watch this space, as our friend rachel would say. and michael, when something is lost, that means there is an opportunity for it to be found. michael, thank you so much for joining us. i really appreciate it. and be sure to catch michael s latest episode of fireside history, available right now on msnbc on peacock. coming up!