bali for the first time in more than a decade. mr. biden s first meeting with president xi since taking office. for more on this let s bring in our nbc chief white house correspondent peter alexander. peter, what can we expect from this meeting today? i don t hear the anchor. we re going to have peter back in a minute. right now we re watching president biden sitting at the table here. we re going to take a quick listen in. the secretary. one of the national security advisors is expected to be there as well. the secretary of state anthony blinken. the president is gathered with an opening remarks for the chinese president. this is first face-to-face meeting between these two men since president biden took office two years ago. their relationship dates back more than a decade.
and his selection of truly awful candidates didn t do his party any favors, but this will victory belongs to joe biden. it belongs to joe biden and the democrats who got out there and fought for working people. the things we did were important and popular. remember, right after joe biden was sworn in, all the economist and pundits in his clear saying go slow, go small, joe biden didn t lynn to them. in fact he went big on vaccinations, went big on test,, but also on helping people who were still unemployed on setting america s working families up so they could manage the choppy waters in the imply following the pandemic. then with the inflation reduction act, we delivered again, and delivered big. you know, $35 cap on insulin. there will be a cap of $2,000 on what seniors spend on prescription drugs. we re cutting the cost of
teams on the u.s. side as you saw the secretary of state anthony blinken is gathered and janet yellen. the topic essential to be discussed is taiwan that china claimed as its own territory. president biden repeatedly said that he, the u.s., is prepared to defend taiwan if china were ever to invade there. certainly the topic of russia given the relationship between china and russia and ukraine. well, the war that s on going in ukraine right now. and north korea. china has some sway over as well. given the fears that there could be a nuclear testing resumption in north korea at this time. as you heard from president biden today, the president is open to working together if this that is something you desire. we ll be keeping a close eye on this situation. we ll have this coming up on the to the day show. peter alexander live for us in bali.
differences between democrats and republicans. democrats, led by joe biden, are out there saying we hear you on what it s like to get crushed by student local debt. we know what that means. so we re here to try though help. the republicans, they got nothing. they say, no, the only people they re willing to fight for you are billionaire and billionaire corporations and conspiracy theorists. when democrats fight for working
with a two-seat either say with a tough plates to corral. good luck to whoever has to do that on that front. what does that pour tend for the next two years legislatively? smaller, incremental things that get through congress? or even with a one-seat majority you could do more if somehow the democrats end up on top here? i wouldn t sigh a 50-50 senate and a close house is easy. it could be considered the good old days, when you look at this. but the president got huge bipartisan legislation passed. the chips and science bill,ed infrastructure bill. presidents have been talk fog decades about infrastructure. joe biden got it done. the pact act to help or veterans. the gun legislation was bipartisan, and is the realities is people in this country want