the spending showdown is about to go down. chad pergram following it all, a lot of details to pull together, but he s the man to do it. chad, what s happening? reporter: david, good morning. senate democrats aim to pass the climate, health and spending bill this weekend, but it may be a long weekend. we just got a ruling from the senate parliamentarian, she green lighted a provision in the bill to let medicare negotiate the cost of prescription drugs. democrats say that makes the cost of pharmaceuticals cheaper. elizabeth mcdonough has a lot of sway in process. the closer you can demonstrate a connection between what you re proposing and its fiscal impact on the federal budget, the more likely it is that it qualify for a simple majority vote out will. if i it doesn t, if it runs afoul of the rules of the road and/or is more designed to impact private sector activity reporter: on tapped today a marathon vote session with perhaps 15 consecutive hours of votes on amendme
a cost of living recession. americans are getting crushed by this 9% inflation rate. we got a good jobs report, david, but it shows wages up 5.2%, inflation up 9.1%, the average american family has lost $4,000. raising taxes makes no sense. david: we ve run out of time. thank you, guys. appreciate it. and gals. the senate showdown in less than two hours. ahead of that virginia democrat senator mark warner is going to be here live. but first, china ramping up drills near taiwan as it cuts down on ties with the u.s. is a major conflict coming? and texas governor greg abbott telling new york city mayor eric adams why he bussed a big group of migrants to the big apple. the responses, coming up. (cool guy) $30.that s awesome.
conflict with china? let s bring in author of the coming collapse of china, gordon chang. gordon, thank you for being here. a major piece in the wall street journal that answered that question how it could affect us. if there is an invasion of taiwan by china, this piece says according to the rand corporation one year of fighting would reduce america s gross domestic product by 5-10% and thigh that s by 25- china s by 25 the-30%. a global depression would be all but guaranteed. do you agree? it could even be worse than that, david, because remember, the global business community, the global financial community really is just should having off these rumors of tension. they really aren t doing that much. i think that if there actually were conflict, they would be shocked. the global markets would tank and also, remember, in a wartime we re probably not going to get
david: tensions still rising around taiwan. china halting ties with the united states while boosting military drills all over the island after a house speaker nancy pelosi s trip there. lucas tomlinson is at the white house with more. reporter: hi, david, good morning. moments ago taiwan s defense ministry says china has launched over a dozen aircraft simulating attacks on the island. secretary of state tony blinken weighed in from southeast asia. china has chosen to overreact and use speakerrer pelosi s visit as a pretext to increase military activity in and around the taiwan strait. reporter: blinken s chinese counterpart responded. translator: we wish to issue a warning to the united states. do not act rashly. the united states, do not create a greater crisis. reporter: in the past phi days, more than 150 chinese jets have been dispatched to participate in war games simulating attacks on the island
identify that there is or admit that there s a problem you re never going to come up with a solution and when you listen to what christopher wray said when he said it s a significant issue, when you look at transnational criminal organizations and we were just talking about china potentially invading taiwan. china is already involved in the drug trafficking business. owl of the precursors to fentanyl is coming from china, once china has a foothold in mexico on that, it becomes even more dangerous. david: a great point. brandon quickly, we ve run out of time. what would you tell dhs secretary mayorkas when he says the border is secure? give us the policies. it s not secure. you know it s open. you re lying to the american public. david: brandon judd, good to see you, thank you for being here. meet the airline ceo warning that fares are going to be going up if a big merger goes down. and democrats scrabbling this weekend to get their massive spending bill passed. they say it s going to