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CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 18:05:00

this bill, this delicately-negotiated compromise among democrats and affect the final outcome here. one of the big concerns that democrats, joe manchin in particular who has been key to this deal, has is to ensure the bill saves roughly $300 billion in deficit savings over the next decade. if thune succeeds in stripping out this provision, it could cost the deficit savings by $35 billion. these are the kind of issues they re trying to sort out with sinema behind the scenes, trying to see if she can get behind an alternative plan that all democrats could get behind to get it out of the senate and the house. it shows the complications they re facing here at the last minute. democrats are optimistic they ll eventually get there but they re facing some last-minute drama here as they try to get this bill across the finish line. does it seem, manu, that senator manchin is most potentially influential over

CNN CNN Tonight June 4, 2024 01:30:00

$14 billion on a plan that democrats would estimate about $300 billion in deficit savings. she has also raised concerns about the issue of about 15% minimum tax on major corporations. now, this issue raises a key concern for her because manufacturers in her state talk about whether they ll be able to appreciation of their assets on the current block, phase that back in order to raise more revenue. she had pushed back on that. she wants a significant change on that issue as well. and as a result she announced that she has a deal to move ahead to, quote, protect advancing manufacturing, she says, and remove carried interest and boost clean energy from this deal. now, to make up for the short

Detailed text transcripts for TV channel - CNN - 20171115:10:33:00

deficit savings, money that republicans in the u.s. senate if they want to pass this bill with a simple majority vote will need for their proposal. they made very clear, they searched high and low, this is the best way for them to get such a large chunk of money, for several wary republican members in the senate, providing more options on they thinks like boosting up child tax credit, lowering the individual rates for middle class, those are now options on the table because of that 338 billion. make no mistake act it, democrats seized on this issue, they re trying to rally the grass roots like they did throughout the health care debate. the republican play is this, they know this is politically toxic. they know this is divisive. their hope based on what they ve seen in the last couple weeks in the tax reform process is that the political imperative of doing something, of doing anything at this point will win out when it comes to the debate over whether or not repealing the individual m

Detailed text transcripts for TV channel - CNN - 20171115:00:19:00

insurance. let me explain why that is happening. it also includes $338 billion in revenue because of that repeal. and that s why this is happening. republican leaders have made clear, while this might not be something they want to do, might not be politically advisable, as they try to push this bill forward and make things like the corporate tax rate cut permanent, try to add relief to middle class taxpayers they need money and need the money if they want to pass this on a simple majority vote. that s money they will have to get no matter the political dangers, erin. so, phil, look. as you point out, it has been failure after failure on obamacare. trump desperately needs this tax reform to pass for a major legislative victory this year. by putting this in, okay, you get the deficit savings, but does it make it harder for the gop to pass their tax bill? it s a risky proposition. look, there s a reason that even though the president has called both on twitter and by several aides pri

Detailed text transcripts for TV channel - CNN - 20171115:10:02:00

reporter: christine and dave, for weeks it s been on the table and for weeks republican leaders made very clear they don t actually want to actually put it in the tax reform bill. and yet it s there at least in the senate version. that s the repeal of the obamacare individual mandate, something that the congressional budget office would release those with health insurance by 13 million and introduces what s been a politically toxic health care debate back into play for senate republicans, one that led to so many legislative failures over the course of the last nine months. so the big question is why are they doing this? here is the simple answer, money, revenue, they need it. the congressional budget also shows repealing the individual mandate creates $338 billion in deficit savings, money that republicans in the u.s. senate if they want to pass this bill with a simple majority vote will need for their proposal. they made very clear, they searched high and low, this is the best way

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