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Transcripts for MSNBC Katy Tur Reports 20211101 18:12:00

prescription drug pricing negotiations for medicare, something that was supposed to raise a couple of hundred billions of dollars, something many democrats have wanted. but that negotiation is still happening because senator kyrsten sinema of arizona, who has forced the house to scale back this proposal, has not yet signed off. and another issue that is still up for debate is this issue of immigration. there is a lot of people in the house, house progressives, the congressional hispanic caucus, who want immigration provisions included in this legislation, despite the fact that it s most likely going to be stripped out of the bill because of senate rules when it gets to the senate. a lot of these front line democratic members who have tough reelections don t want to vote on immigration provisions if it s not going to become law. so while speaker pelosi has now set two deadlines to pass both

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Transcripts for MSNBC Katy Tur Reports 20211101 18:29:00

what he s able to do here. he believes the u.s. can show some of that and encourage other nations that have not been meeting their goals, he wants to encourage them to do that. we also heard something from president biden that has not been typical from the u.s. president in recent years. that is, he apologized for the u.s. pulling out of the paris accord, that was donald trump s work, and trying to show the u.s. can get behind some of the ideas the president has put forward. he believes the legislation that is still, you know, being baked back in washington does include some significant spending, landmark spending, really, for climate interventions and investment and that that is a demonstration of what the u.s. can do, and that that along with some of the executive actions he has taken, things like electric vehicles and so forth, that he can show that the u.s. is prepared to lead. at the same time, the president would have liked to have had all of that locked up legislatively. he woul

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Transcripts for CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell 20211101 18:21:00

so they would be pleased to get that and as gloria said, terry mcauliffe in virginia would have been thrilled if that piece of legislation would have been passed a few weeks ago. it would have helped him dramatically going into the election there tomorrow. so, this is all very, very complex. but right now i m sure there is deep, deep disappointment among white house officials that manchin has come out and said what he said. yeah, we have congressman pramila jayapal to talk about how she feels about what manchin just said. does this suggest that president biden misread manchin. he s had so many meetings with manchin and sinema and it sounds like he thought everybody was on the same page. at this point, it is kind of hard to know. i think what i m hearing from manchin and, manu could speak to this better than anyone, is that he thought there was a framework and then he saw democrats trying to add stuff back in like there was some talk of the adding in more medicare stuff that bernie

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Transcripts for MSNBC Katy Tur Reports 20211101 18:08:00

full-time is run out, if you extended it permanently. and that we haven t even spoken about. this is a recipe for economic crisis. none of us should ever mis represent to the american people what the real cost of legislation is. i ve worked hard to find a path to compromise. it s obvious compromise is not good enough for a lot of my colleagues in congress. it s all or nothing. and their position doesn t seem to change unless we agree to everything. enough is enough. it s time our elected leaders in washington, all of us, stop playing games with the needs of the american people in holding a critical infrastructure bill hostage. while there is opportunity in the reconciliation bill that we can all agree on. and we ve been talking about this for months. again, to be clear, i will not support the reconciliation legislation without knowing how the bill will impact our debt and our economy and our country. we won t know that until we work through the text. for the sake of our country,

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Transcripts for CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell 20211101 18:07:00

meanwhile elected leaders continue to ignore exploding inflation that our national debt continues to grow and interest payments on debt will start to rapidly increase when the fed has to start raising interest rates to slow down this runaway inflation. with the factors in mind, and all of these factors that we spoken about, i ve worked in good faith for months with all miff colleagues to find a middle ground on a fiscally and i repeat that, a fiscally responsible piece of legislation that fixes the flaws of the 2017 trump tax bill. that i thought was weighted far, far too far for the high enderners. and the needs of american families and children. however, as more of the real details outline the basic framework are released what i see are shell games, budget gimmicks that make the real cost of the so-called $1.75 trillion bill estimated to be almost twice that amount.

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