healthcare, prescription drugs and more. we need to show democrats across this country that the democratic party can actually get stuff done when we have 50 democrats in the senate, and i think that s where we are right now. so i m all about forward looking, brianna and hello, joe manchin. happy to have you. a new effort to form a viable third party, names from the right, left and center say they will succeed where others failed. soon we ll hear from the president of the united states live at the white house. he ll tout big progress on his agenda, a senate agreement that includes new climate and new health care investments. a package, the president will say in a way that will also take a big bite out of inflation. it is a smaller, but still significant piece of the giant goals the president and has party had back in the beginning of his term. the white house event is a presidential push to get this new senate deal to the finish line and, make no mistake, it is a president
in addition, it also changes the circumstance for people on medicare by putting a cap of a maximum $2,000 a year no matter how many prescriptions they have. which is especially important for people with cancer and long-term diseases. it s a god send. it will be a god send for many families. second, the bill locks in place lower health care premiums for the next three years for millions of families that get coverage under the affordable care act. they will meet an average savings of $800 a year for 13 million people. third, it invests $369 billion, granted i called for $500 plus, but it invests $369 billion to secure our energy future and address the climate crisis, bringing down family energy bills by hundreds of dollars, but providing working families tax credits. it gives folks rebates to buy new and efficient appliances, to weather rise their homes and tax credits for heat pumps and rooftops solar. it also to buy any electric vehicle or fuel cell vehicle. new or used. it a
about it, biden aed merchandize prap sfrpgs doing everything in their power to key sign this was about to happen. watch. in my view the probability of redress within next year not particularly elevated. no no one predicted recession now. i don t think we crest it will inelfable number recession not. there non right now we don t see recession. these numbers that we are posting are very much in with recession fairly poll until. we are going to go i don t they we will see recession. and traded president appeared to be gas lighting america. now saying in statement that quote no surprise economy is slowing down. justice department see want get your top line thinks on this and also through the lens of what do americans kay about a common or technical definition of recession? did they feel it no matter what costs that s point we all any were in recession before we got this number white house spin and put in blends der they can stlerd eninflation which not transition story all of
process about $290 billion and in addition, also changes the circumstance for people on medicare by putting a cap of a maximum $2,000 a year they have to pay no more than $2,000 a year no matter how many prescriptions they have. for all the prescription drugs. which is especially important for people with cancer, and long-term diseases. it s a god send. literally be a god send for many families. second, the bill locks in place lower health care premiums for the next three years for millions of families that get coverage under the affordable care act. average savings of $800 a year for 13 million people. third, invests $369 billion, granted i call for 500 plus, but invests $369 billion to secure energy future and address the climate crisis, bringing down family energy bills by hundreds of dollars by providing working families tax credits. it gives folks rebates to buy new and efficient appliances and weatherize their homes, and tax cuts for heat pumps and rooftop solar, and ta
schumer on a major reconciliation bill that would lower prescription drug costs and invest hundreds of billions of dollars to combat climate change and clean energy programs. sinema s support is crucial to get the bill through a 50/50 senate and to the democratic house for a vote. vladimir putin s top spokesman was annoyed the u.s. had gone public about ongoing talks for a prisoner swap to free brittney griner and paul whelan. tony blinken is expected to call sergei lavrov for the first time since the ukraine invasion after shunning him since the invasion in february to talk about a possible swap. president biden spoke with china s president xi this morning as tensions have risen over potential congressional trip to taiwan led by nancy pelosi and the passage of a senate bill increasing competition with china in the semiconductor market. we begin with the president and the economy. joining me now, nbc white house correspondent carol lee, nbc capitol hill correspondent ali vi