from the dead, build back better, okay? senate democrats are now pushing forward with a deal to fight climate change, and lower rising health care costs. i am talking about the inflation production act. pieced together behind closed doors between west virginia senator, joe manchin, and other democrats, this legislation will lower prescription drug costs, tax corporations, and reduce the deficit. then, there is the historic 369 billion dollar investment in the fight against climate change. now, that includes encouraging americans to go green, and by expanding tax credits for electric vehicles. and that s on top of a 7500 dollar credit for new clean cars, it adds 4000 dollar credit for used electric cars, targeted at low income families. it s a lot. so, it s democrats hope to get this bill across the finish line, the lingering question tonight really is, if any of it will give them something to sell, to voters before the midterms? new nbc reporting reads, quote, democrats belie
american voices will be back next weekend. so, this hour, we are gonna get you all up on what s happening in washington. and i m gonna do my best to take you inside the room to the conversations being had. first, the surprise breakthrough from a democratic friends on capitol hill, bringing a key piece of president biden s agenda back from the dead, build back better, okay? senate democrats are now pushing forward with a deal to fight climate change, and lower rising health care costs. i am talking about the inflation production act. pieced together behind closed doors between west virginia senator, joe manchin, and other democrats, this legislation will lower prescription drug costs, tax corporations, and reduce the deficit. then, there is the historic 369 billion dollar investment in the fight against climate change. now, that includes encouraging americans to go green, and by expanding tax credits for electric vehicles. and that s on top of a 7500 dollar credit for new clea
pieces of environmental justice, right? we know that climate change is already here and costing the economy hundreds of billions of dollars, and costing poor people, row forks, like the folks in kentucky, name region and you will have debt and disaster that is already here from extreme weather. i think the real piece is that this bill actually includes a whole lot of targeted funds for rural and environmental justice communities and low income communities. that is important to see. it closes the gap. i am really struck by something we hear over and over again. we heard it last year during the first talks of build back better, where there are some politicians that believe in focusing on the bread and butter issues, like shrinking the economy, as opposed to social issues like voting rights and equity. can you just talk a little bit about how they are equally as important? that is right, and unequal democracy is going to yield and
experts say these hacks cost the american economy hundreds of millions of dollars if not billions of dollars annually and say it s quickly increasing. in order to fight future attacks the administration says it will take a shared responsibility from every-day americans. in the meantime the white house is imploing executives to discuss vulnerabilities and asking them to make sure they back up their data, update security patches often and test their response plans. more jobs but not enough workers. this week s jobs report suggests america s economy is on track for a post-pandemic recovery but the desperate need for workers points to trouble ahead. the good, the bad and the ugly on the economy is next on velshi. i may not be able to tell time, but i know what time it is. [whispering] it s grilled cheese o clock. when you buy this tea at walmart, walmart can buy more tea from milo s.
reporter: just when they thought the worst was over, a new inferno overnight, 90 minutes west of los angeles. the maria fire sparking a wall of flames, forcing 8,000 to flee their homes. it just started, a very small corner then within minutes, it just expanded really quickly. reporter: from a distance, the time lapse capturing what looked like a blow torch across the hillside as wind fueled the flames, critical aerial assaults temporarily grounded due to unauthorized drones. the fire department tweeting if you fly, we can t. so far, the fire destroying 9,000 acres. very frightening and humbling to know that your home can be destroyed and everything gone. reporter: out here, it s not just about protecting people s property and protecting people s homes. it s about protecting agriculture. we re seeing these dramatic water drops, and they are defending what is a lemon orchard. this lemon orchard is a major driver in this economy hundreds of millions of dollars worth of lemons,