help ves rans sickened by toxic burn pits. i m used to the lies. not used to the cruelty. can the bill pass this week? veterans secretary denis mcdonough will be here. with some world leaders falling short, will it be too late? i ll ask the new australian prime minister, anthony albanese, about his ambitious plan in his exclusive first u.s. interview ahead. hello. i m jake tapper in washington where the state of our union is wondering if political tides may be turning. president biden is back in isolation this morning after testing positive with a rebound case of covid after being treated with paxlovid. though his doctor says he no longer has any symptoms. this time biden does have some good news to mull over. first, the bipartisan passage of a bill to boost competition with china on the manufacturing of semiconductors. and second, a sudden possible deal in congress on a massive plan to begin to tackle the climate crisis, high drug prices and address big companies tha
politicians will send folks out and then won t pay for their health care. at the same time, last point i want to make real quick. senator toomey hit on this. it s very clear most republicans supported the veterans bill. it was a discretionary versus mandatory holdup. it is the gimmick we see in washington. i want to note something. this happens ahead of midterm cycles. chuck schumer has not guaranteed to codify marriage up to vote. ron johnson, a vulnerable wisconsin senator, is agreeing to vote for it. it could be a win for some of these republicans who need a moderate win ahead of the midterms. it s so cynical how our politicians behave. one thing i have to say real quick. biden did have this victory we are in a recession. brian deese said it in 20 on the, two straight quarters of nick growth is a recession. so, i hope, you know, they can name it the bringing down inflation act and all good things. it doesn t mean it s actually going to do that. we are in a recession whether we c
really emphasized virginia. in the contrast people are going, not voting for senator. i m voting for governor. and mcauliffe has no new ideas for virginia. steve: got a brand new book out coming out this week, it s called beyond by rebuilding the america we love. so, when you say beyond biden, what does that mean? look, i think it s not enough just to be anti-biden or anti-kamala harris. i think we have to recognize that faced with china, faced with all sorts of great challenges, we have to think about what we would do to make america successful, prosperous and safe. and that s not just an anti biden thing. i thought early on about writing anti-biden book. i decided that s the wrong direction. biden is going to fail. but then what? and we need to have a very positive agenda of sufficient education reform, sufficient infrastructure reform. sufficient nick growth. overhauling the pentagon decisively and the intelligence
this trade war. one north dakota soy bean farmer said this is just another nail in the coffin. all this news led larry summers to tweet we may well be at the most dangerous financial moment since the 2009 financial crisis with current developments between the u.s. and china. here with me now to dissect josh barrel who has been writing about the u.s. and china trade war and donald trump. i m always sort of trying to figure out how freaked out, how not freaked out. yeah, you and everybody else. exactly. yeah, i mean, to the extent this remains a matter of modest movements and currencies, it s not the sort of thing that we should expect to cause a recession. it is the sort of thing we should expect to have an effect on nick growth. for the last two years, the trade war has been background noise. trump was doing this, but the tariffs weren t on that many things. and most of the u.s. economy is services or goods produced domestically, and not all the
most dangerous financial moment since the 2009 financial crisis with current developments between the u.s. and china. here with me now to dissect josh barrel who has been writing about the u.s. and china trade war and donald trump. i m always sort of trying to figure out how freaked out, how not freaked out. yeah, you and everybody else. exactly. yeah, i mean, to the extent this remains a matter of modest movements and currencies, it s not the sort of thing that we should expect to cause a recession. it is the sort of thing we should expect to have an effect on nick growth. for the last two years, the trade war has been background noise. trump was doing this, but the tariffs weren t on that many things. and most of the u.s. economy is services or goods produced domestically, and not all the imports come from china. it wasn t hitting that much of the economy and you add it up and that might take a tenth of a point off gdp growth which it matters, but you re not going to notice it