democrat senator joe manchin, squashing a vote for the bill back better plan. before the senate went on holiday break hoping to strike some sort of deal would bring inflation down center manchin republican say it would drive prices up even more. too who s got it right? here to discuss it democrat strategist laura fink, frances newton stacy. let s start with american things according to new 46% said biden social spending bill are the 46%. it s a little more complex than that. all this additional spending both on the fiscal and the monetary side purchasing assets on the balance sheet has created a lot of money and circulating of the money against is exacerbated when creeds. moving forward solution is not to cut off all additional money. while few people know this there are mechanical things they re not political debt service we have to service a record amount of debt takes money out the circulation we pay off the principal of that debt that comes off the ledger. i threw the m
rattles the u.s. charles kicked us off with the very latest from atlanta. merry christmas. good morning. good morning and merry christmas, griff. taking time off to spend this holiday with their family. the omicron is certainly hard at work. u.s. daily covid cases up with more than 260,000 americans testing positive. according to john s hopkins university 3354 deaths were reported. more than a 50% increase in a single day. hard to find at home test kits is surely complicating matters. cvs and walgreens announced their limiting the number of tests folks can purchase due to a significant increase in demand long lines form at testing sites around the country while demand swells at unimaginable proportions. we have had people in sheer exhaustion. people are just exhausted. we cannot keep staff because they are just so worn out. new york state positive covid cases are turning up at record levels. more than 44,000 daily new cases reported on friday. new york city mayor bill d
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