bipartisan infrastructure act investments, that is another 62 billion dollars in climate, which was already passed, you know, in november of last year. wow, it is the biggest investment in addressing climate change in our nation s history. of course on top, the president s on infrastructure, and really as you guys have been saying, as we have all been staying, it s really a b f the. yes, that technical terminology. it s a new technical phrase, yes. yes the bfd of the i.r.a. in the usa. in all seriousness, inflation reduction act would add approximately 912,000 jobs a year over the next decade. a lot of them being jobs in the climate sphere. how much of this will impact job growth, during economic uncertainty? yes. i mean obviously, we had a
now before we go how about we dish up for you a plate of plant based foods apparently the appetite is growing. so much so that it s estimated the vegan foods market will be worth 162 billion dollars by 2030 that is five times bigger than the current market according to bloomberg intelligence. 0ne beneficiary has been plant based frozen food company strong roots. today its announced a 55 million dollar investment from mccain foods to take a minority stake in the business. so what s their recipie for success? well we have the founder and chief executive of strong roots to tell us more samuel dennigan welcome to the programme. what will the $55 million from mccain foods mean for your business? tell us how this partnership will work. tell us how this partnership will work- tell us how this partnership willwork. ,, , ., ., , will work. six years ago we set out to that will work. six years ago we set out to that company will work. six years ago we set out to that company and - wil
we re not going to take 62 billion dollars in increasing entitlement spending going forward. yet, there are parts you re out of your ever-loving mind if you think they re going to vote down payroll tax. i want to talk about what will republicans pass in the house? what can they pass or what should they pass? i think you ve seen some in leadership, not the speaker necessarily, but some others, lean forward on payroll tax deduction, as well as extension of unemployment benefits. and are still talking about what are we going to do with the nation s crumbling infrastructure. eric, what about trade agreements, would that be a help? are they going to act on this? why would they the white house has it s a big plan, is this the big job creation, 14 million people are out of work and they re going to come back with patents and trade reports? come on, guys, look, bob, when you tax cigarettes more, what happens to smoking? consumption goes down. no, it doesn t.
we re not going to take 62 billion dollars in increasing entitlement spending going forward. yet, there are parts you re out of your ever-loving mind if you think they re going to vote down payroll tax. i want to talk about what will republicans pass in the house? what can they pass or what should they pass? i think you ve seen some in leadership, not the speaker necessarily, but some others, lean forward on payroll tax deduction, as well as extension of unemployment benefits. and are still talking about what are we going to do with the nation s crumbling infrastructure. eric, what about trade agreements, would that be a help? are they going to act on this? why would they the white house has it s a big plan, is this the big job creation, 14 million people are out of work and they re going to come back with patents and trade reports? come on, guys, look, bob, when you tax cigarettes more, what happens to smoking? consumption goes down. no, it doesn t.
republicans are offering the version passed by the house and that has 62 billion dollars in cuts, and, democrats are proposing to slash just one-tenth of that, $6 billion. so, can they bridge the big gap? what happens if they don t, david drucker is a staff writer with roll call , we have a $1.65 trillion budget deficit and, some say they are fighting over the crumbs. what will happen? well, a great question, and i think it will come down to whether house republicans and senate graduates in concert with the white house can reach an agreement on something that is sort of a true middle for all sides. so they can get something good but go back to their supporters and explain that obviously, we couldn t get the whole loaf but this isn t so bad. and, if they can do that, then we ll have a deal and if not, i think we are likely to see another short-term extension passed to give them more breathing room. eric: we re dealing with short-term extension after