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Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 17:06:00

what new costs has the u.s. government inflicted on russia for the targets of ukrainian civilians and infrastructure since the new bombings started in october? i don t think there have been any new costs since october. jake, the costs are accumulating every single day. the impact of the sanctions is both immediate, but then it grows over time. what we re seeing is russia having an inability to replace the weapons it s using in large part because of the export controls we put in place, meaning they can t get the spare parts, can t bring things in from the outside. we see across their economy devastating effects from the sanctions that only grow and, in particular, if you re looking at russia s efforts to modernize its economy, whether energy technology, telecommunications infrastructure, whether it s defense and aerospace industry, every day that goes by the burden on russia gets heavier and heavier, the ability to process these kinds of war

Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 14:06:00

devastating effects from the sanctions that only grow and, in particular, if you re look at russia s efforts to modernize its economy, whether energy technology, telecommunications infrastructure, whether it s defense and arrow space industry, every day that goes by the burden on russia gets heavier and heavier, the ability to process these kinds of warser and weaker. you re taking a more tepid approach to the protests in china against zero covid policy and over government overreaches. marco rubio has called your responses weak and cowardly. specifically on these zero covid protests in china, does the biden administration support the protesters in china? of course we do. we support the right for people everywhere, whether in china, iran, anyplace else, to protest

Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 17:17:00

you voted to add the seven days, but after the amendment failed, you still voted for the final deal. how do you explain this to a union worker like reese? it doesn t seem like democrats were standing up with all of their force against these billion dollar rail companies. we have every democrat but one voted for the sick paydays, seven sick days. only six republicans we couldn t get to 60 votes. i take a back seat to nobody in fighting for workers and union members, non-union members, too. the issue here is we have to keep the economy going. i m going to go back working with staff, with our leader s office, the white house, on how we help these workers to make sure eventually they get these sick days. we also know if there had been a strike, that literally hundreds of thousands, maybe more workers would have been out of work for a lengthy period of time. we have to look at the whole

Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 17:15:00

i m jake tapper. as democrats hope for a win in georgia s senate runoff on tuesday, they re already looking ahead to the 2024 cycle when they will have to defend seats in increasingly red states such as ohio where my next guest, a progressive democrat with a strong blue-collar base, hopes to win in 2024. joining us, democratic senator sherrod brown of ohio. thanks for joining us. the u.s. economy added 263,000 jobs in november. that s a sign the economy is still faring well despite aggressive effort by the federal reserve to the curve inflation. the fed will meet again next week to decide how much higher to raise interest rates if at all. you re the chair of the senate banking committee. what do you think they should do? well, i think that i tell jay powell, the chair of the federal reserve, this whenever we talk, his allegiance is to two things. it s to keep inflation down and also to fight for a full employment economy, the dual

Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 17:16:00

responsibility he has. i think we re on track to do that. job growth is still good. inflation and gas prices are down to 3 an average in ohio, in my neighborhood in cleveland, $3.19, $3.29. that s down sharply from several months ago. we re on the right track. we ve got a lot of work to do. speaking of the right track, the senate passed legislation to avert a potentially devastating strike by rail workers. a push to include workers ease key demand for seven days of paid sick leave, that failed. here is what one union member told cnn. take a listen. we have a pro labor president who loves to, you know, pat himself on the back for that. and when the going got tough, he turned his back on the people he s supposed to be looking out for. joe biden thwarted the contract on our unionized workers who voted against this.

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