windfall taxes on e frt for ir market opposition, they will be more windfall taxes on e frt for low arket create windfall profits for low electricity generation, so carbon electricity geenerationfise - jantry carbon electricity geeneratienfise i january the carbon electricity generation, se january the ist carbon electricity geeneratien, se january the ist we have decided from january the ist we have decided to introduce a new, temporary 45% levy on to introduce a new, temporary 45% levy on electricity generators. together levy on electricity generators. together these measures raise £14 billion together these measures raise £14 billion next year. the together these measures raise £14 billion next year. billion next year. the other half of his ian is billion next year. the other half of his plan is for billion next year. the other half of his plan is for spending billion next year. the other half of his plan is for spending restraint, | his plan is for spending rest
changer. thanks for being here. we begin with new developments on democrats e frt efforts to president biden s agenda through congress. house democrats are meeting at this hour to talk about changes to their trillion-dollar spending plan. house speaker nancy pelosi is pushing for votes as early as today on that as well as the bipartisan infrastructure plan. quite honestly, that is hard to see right now. we re waiting to hear from the speaker any minute. it comes as democrats are struggling to find a path forward after this week s disappointing election results. president biden is blaming congressional democrats for not passing those bills before election day. but democrats are breathing a sigh of relief, at least a little bit, after phil murphy pulled off a win over his republican challenger. the close race in a state that president biden won by 16 points last year captures why democrats