concerned about the pentagon report is the claim china intends to have at least a thousand nuclear warheads by 2030. that is a dramatic increase from last year. officials are worried about the intent behind this buildup. china maintains this no first use policy when it comes to nuclear weapons, but a senior u.s. official briefing reporters on this report said china has suggested there are situations in which that would not apply, and this, of course, comes on top of reports that china tested this hypersonic weapon over the summer and satellite imagery that cnn has reported on that shows three suspected silo fields where it could be capable of launching long-range nuclear missiles. another key claim from this report is how china s military modernization is deeply intertwined with its goal to match or surpass u.s. global influence in power by 2049. take a listen to how u.s. top general mark milley put it. we are witnessing, in my view, we are witnessing one of
right. he s trying to pull out all the stops. if he thinks this might be one of the things that can push over a mom that s worried that her teenager is having nightmares from reading about slavery, guess she ll do it. zack, appreciate you getting up to talk with me this morning. thank you. all right. so as we ve been discussing all morning, president biden is hoping to wrap up a congressional deal on his economic agenda before he heads overseas for the un climate conference in glasgow, scotland. ahead of the trip, dire warnings at the un countries have failed to keep their own climate promises, the u.s. among them. cnn s nina dos santos is live in london. nina, tell us about the warnings from the un. reporter: good morning to you, laura. well, they re really dire warnings. very sobering reading ahead of the crucial summit. it is probably going to be the most important climate change summit since the parris climate change accord, it was to limit global warming 1.5% above
what matters newsletter that tries to make sense of all of this for you. all of your top stories. zack, good morning. let s start here with how lawmakers are proposing to pay for the build back better plan. one part of the potential options here would be the so-called billionaire s tax, essentially having ten billionaires, like elon musk, jeff bezos cover the bulk of the democratic social safety net plan. are democrats framing this the right way politically in your view? i think so. from a political standpoint, you know, the billionaires have the money. i think that there is support in the country for having them pay more in taxes. we know that they have, you know, used these personal loans on their vast wealth to avoid paying income taxes, so the idea that you re closing a loophole here, i think that s a valid one. but what s interesting is we weren t talking about this a week ago.
it s 30 minutes past the hour here in new york. so, will democrats tax the rich? as democrats inch closer to a deal on president biden s social spending plan, it appears lawmakers finally have a way to pay for it. senate democrats are proposing a new corporate minimum tax rate. it would apply to about 200 companies that report over a billion dollars a year in profits to shareholders. this minimum tax on profits would be 15% and would have some carveouts to preserve business credits for things like research and development, clean energy, and housing. but maybe the most important thing, the white house and two key votes here, senators joe manchin and kyrsten sinema are all on board. but, of course, there are some issues here to resolve. medicare and medicaid, paid family leave, immigration and taxes. and the exact timing of this vote. so, can it all get done possibly through to a vote before president biden heads to europe tomorrow? joining me now, cnn politics senior writer zack wolf.
and make a personal connection with you. he views people as people and not as data. and i think that we see that come through a lot in answers like that. the broken spirit, i mean, when you think about all these people trying to get back into the labor market, so many things happening, i think that s a really interesting way, the broken spirit of the labor market in. zack wolf, senior politics writer, have a great weekend. the cornerstone of that build back better, investing in workers paid for in part by higher corporate taxes. the president in the town hall acknowledging roadblocks in his own party. no, i don t think we re going to be able to get the vote. don t think we re going to be able to get the vote. biden planned to tax the rich and big companies to pay for his sweeping economic and climate agenda. senator kirstjen sinema s opposition to the tax rate left the white house scrambling for ways to pay for it. context here, context here. for decades, working people have