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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 a ....
deserves no blame whatsoever fo the economy while denying his reckless spending led to reckless prices. the idea that the cost inflatio is bizarre, if it s my fault, why is it the other major industrial, why is it the case. that is higher. you ask yourself that. i m not being the wiseguy, that s the end of the quote to peter ducey pressing the white house on that whopper of a claim . he says that inflation is worse everywhere, but here, that s not true. the worst is u.s. worse inflation than japan, italy, saudi arabia,. i think that what we are seeing is that when you talk about inflation, it is a global thing right it is not just abou the united states, this is something that everyone is feeling because of coming outs of a once-in-a-lifetime pandemic , because of that war that russia has started in ukraine. and after blabbing away to the ap, it seems like those close to the president didn t want him to do anymore talking. the white house considering trying to b ....
hero teacher irma garcia and her husband who died of a heart attack just two days later. nit froasti seral m will face tomorrow. and florida now facing the firs hurricane season. rob marciano timing this all out. the abc news exclusive tonight. robin roberts in kyiv, one-on-one with the first lady of ukraine. the presidential compound, her reaction to news from president biden that a rocket system is now on the way to ukraine. and what she now wants the world to know about the people of her country. robin in ukraine tonight. gas prices back here at home. several states now with prices more than $5 a gallon. so, what to expect in these summer weeks ahead and then beyond. and tonight, the major headline on inflation. treasury secretary janet yellen saying she was wrong on inflation and that she didn t fully understand the risks. president biden s own words making news just as we come on tonight over the baby formula crisis. after asking ceos from formula companies i ....
On the new bill, slimmed down bbb bill. it s spending government money in order to get us out of the problem of spending too much government money. it just don t make sense at its core, does it? you re absolutely right, david. this is inflation caused by government spending and a federal reserve that went haywire with regard to its own expansive monetary policy. printing trillions of dollars and the federal government spending trillions of dollars. so i think i have no problem with the texas texan county private enterprises shelling out the bucks to, you know, help people combat inflation, but that s not the role of the government. that s redistribution. so that s not what we want to see happen. we saw in california the gas rebates when oil prices went up. that doesn t work. what local and even national government should focus on, instead of, you know, the sugar ....
The president, governor and legislatures have all been working to get financial relief from gas prices to Americans. The problem is, they haven’t decided how to do that. ....