economic legislation through the senate. the inflation redaction act represents what would be the largest investment in energy and climate programs in u.s. history. it would extend health care subsidies and give medicare the power to negotiate prescription drug prices. senator schumer says it will close tax loopholes and reduce the deficit by $300 billion. cnn s sunlen serfaty is on capitol hill with the latest on the deal. reporter: good morning. this is certainly a big breakthrough on capitol hill and democrats and the white house certainly breathing a huge sigh of relief this morning. senator sinema coming out and announcing that she is on board, that she s going to move forward with this bill, meaning that democrats very likely have the votes to get this passed through on capitol hill, and this is a major piece of the biden administration with major investments in climate, energy and health care, as well as tax reform. it was on that issue of tax reform where senator
issues. and here in wyoming, you know, we have same-day registration. it is the right of people to register whatever party they want to register as. and my message is one for all wyomingites, i represent every single person in this state and i believe that there are thousands and thousands across our state that fundamentally understand why it is so important to have somebody that will abide by oath of office. there might be democrats that would vote for cheney. yeah. remarkable. you said men are running the world and it is not going well. do you think those in the u.s. are ready for women to run things? sure. i think that one of the things that have been very moving for me over the course of the last year and ha half has been the reaction of women and not just the women who have testified, although we ve seen the incredible bravery of people like cassidy hutchinson and sarah matthews and ruby freeman and shay moss and carolyn edwards. it takes real bravery to stand
welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. surprisingly strong new jobs numbers are capping off what has been a big week for the biden administration. let s go straight to jeremy diamond. amid fears of a recession, the president has some momentum when it comes to the u.s. economy. at least in the short term. give us the latest. no doubt about it, this jobs report which the president called outstanding is more evidence that the u.s. is not in a recession. we saw the unemployment rate tick down to 3.5%. more than half a million jobs created last month. all of that painting a picture of a very strong and resilient jobs market. now of course, this strong jobs market doesn t do anything to address americans chief concern. and that is inflation. and the president and the white house very much aware of that. we heard the president talking about americans who may still feel they re struggling december fate st
world. i m wolf blitzer and you re in the situation room. we begin this hour with very encouraging news for the u.s. economy. and for the biden administration. tonight the president is seizing on the much better than expected jobs report as he caps a week of unexpected successes. here is our white house correspondent jeremy diamond. today we received another outstanding jobs report. reporter: tonight president biden hailing another strong jobs report and promising more relief to americans struggling with stubbornly high prices. today there are more people working in america than before the pandemic began. in fact, there are more people working in america than at any point in american history. reporter: the unemployment rate dipping to 3.5% as the economy added 528,000 jobs last month. bucking expectations and tamping down fears of a recession. but the strong jobs report will do little to beat back inflation. americans number one concern. i know people will hear
nearly a decade in a russian prison. good morning. and welcome to way too early. on this friday, august 5th. i m jonathan lemire. thanks for being here. news from last night, senator kyrsten sinema has agreed to back democrats reconciliation bill. clearing the way for a vote later this week. her decision comes after days of fellow democrats lobbying her on the deal. in a statement last night, the senator said she would come on board after the carried interest tax provision was removed. lawmakers also agreed to combat droughts that plague her home state of arizona. democrats are now just waiting for the sign-off from the senate parliamentarian. majority leader chuck schumer says the final version of the bill will be introduced on saturday. the senate will take today off before a long day tomorrow a rare saturday. even rarer one in august. there will be up to 20 hours of debate after the first procedural vote. and then comes what is known as a voter-a-ra mr. a where senat