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tv   State of the Union With Jake Tapper and Dana Bash  CNN  July 31, 2022 9:00am-10:00am PDT

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what's the true impact of wildfires. a new episode of "united shades of america" tonight at 10 p.m. we'll see you back here this time next week. break through. senator joe manchin shocks washington, d.c., by striking a tax and climate deal with fellow democrats. >> hard work pays off. history is made. >> will the bill help with inflation and are democrats actually on track to pass it. the man behind the deal, senate democrat joe manchin here live. pat toomey will join me. plus, vote for vets. senate republicans spark
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outrage. >> i'm used to the lies. i'm not used to cruelty. >> can the bill pass this week? dennis mcdonagh will be here and the changing globe. heat waves and natural disasters raise pressure to act on the climate crisis. with some falling short, will it be too late? i'll ask the new australian prime minister 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 the bill to boost competition
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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 that avoid taxes. the breakthrough after more than a year of negotiations between democratic senator joe manchin and senate majority leader chuck schumer took almost everyone in washington by surprise. the plan would invest $369 billion into energy and the climate, allow medicare to negotiate drug prices, extend obama care subsidies and close loopholes for tax dodging companies who report more than $1 million in profit. will the successes come in time for democrats to sway any voters before november? will democrats on the hill be able to get the bill to president biden's desk? democratic senator joe manchin of west virginia joins us to discuss. thanks for joining us. 16 days ago --
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>> thanks for having me, jake. >> 16 days ago you wanted to wait. inflation has not gone down in the 16 days. what changed your mind? >> jake, basically what changed our minds. we re-engaged. to chuck's credit, we kept sitting down. i never walked away. we organized a bill. what we had before that, there were things i considered and thought could be considered to be inflammatory. i didn't want that to happen. inflation is the greatest challenge we have in our country right now in my state and around the country. that's what we're fighting. we started talking again. we got the bill down to where there's nothing inflammatory in this bill even though there are some naysayers, i'm sure you will always hear that, there is nothing in that. we are paying down debt, $300 billion. we're increasing production as far as if you want to get the gasoline prices down, produce more energy and produce it here
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in america. that's what we're doing. and we're investing in the technologies for future engineering. we're getting manufacturing back. i think it's a great piece of legislation. normal times my republican colleagues would be for something like this. excuse me. we pay down debt, that's what they want. we accelerated permitting, which is what they want. and we've increased production of energy, which is what they want. we've done things that we should be doing together. >> since you announced your deal new gdp numbers are sparking fears of a recession. there's a penn wharton analysis that found your bill will, quote, very heslightly increase inflation until 2024 and slightly decrease it thereafter. they released a new joint committee on taxation analysis showing in the short term your bill will call for a short term
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increase in federal taxes for americans. what evidence do you have this will reduce inflation and not increase taxes? >> chuck, first of all, i respectfully disagree with the folks at penn wharton. there were 17 nobel laureates that said inflation was going to be discretionary, it wasn't going to happen. it wasn't going to be. it wasn't going to be permanent. we found out they were wrong. people can be wrong but how in the world can it be inflammatory? how can it add flames to the inflation fires if you are paying down debt? you are doing it cleaner anywhere in the world. we'll be energy independent. we're making our batteries for our cars here in america before you get credits. we are doing everything we can to attack the problem. these are solutions to the problems we have. i know everyone's playing politics with it. it's not a green deal, not a
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republican deal, a democrat deal, it is a red, white and blue deal. >> i know there are individuals like former treasury secretary larry summers who say they do not think it will be inflammatory nor will it cause inflation, but do you have evidence? are there studies about this bill that say it will not cause inflation to go up? >> we looked at everything humanly possible and have everyone cross sectioning this. basically what we did was sayok the tax rate was 35% in 2017, chuck -- >> jake. >> 14% reduction. jake. i'm sorry. >> no problem. >> it went to 14% -- i know, he's your friend. 14% reduction. everyone thought, that's terrific. they got to 21%. i never knew there were people basically helping pay any taxes. most of the people in west virginia hope corporations pay 21% or more. don't you think you ought to at
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least pay the 15% minimum. that's all we've talked about. we never raised any taxes. we just are saying close the loopholes and the taxes that are owed to the treasury and the united states people. that's all we're trying to do. we're not adding there. we're not putting the burden on any taxpayers whatsoever and we're going to create more energy for them to pay lower prices at the gas pump, hopefully lower prices at the food store and lower prices in all their daily needs. energy prices especially. energy is a driving force right now in inflation. >> you need all 50 democratic senators to pass the bill. senator kyrsten sinema has not said anything publicly about this plan. we know she has previously opposed the carried loophole. when's the last time you spoke with senator sinema and are you open to any changes that she might suggest?
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>> first of all, senator sinema is my dear friend. we work very close together on so many things. she has so much in this piece of legislation. she's formed quite a bit of it and worked on it very hard w. that, she's brought down drug prices. been very instrumental in letting medicare go ahead and negotiate lower drug prices, save $288 million. it will be a tremendous help to people across america. i agree with her 100%. we are not going to raise taxes, we don't. on that i think when she looks at the bill and sees the whole spectrum of what we're doing and all of the energy we're bringing and all of the reduction of prices, fighting inflation and bringing prices down, more energy, hopefully she will be positive about it. she will make her decision and i respect that. >> when did you last speak with her? are you confident she will be on board? >> well, we speak -- you know, i speak with everybody, as you know. we've always been very friendly. we speak a lot. you see us on the floor and
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everything. jake, the reason people weren't brought into this, i didn't think it would come to fruition. everyone was upset and mad in my delegation, if you will. for eight months we worked on it. i couldn't get there with build back better. it was $3.5 trillion of spending. this is taking $3.5 trillion of spending and bringing it down to $4 billion of investment. that's fighting inflation. that's what we're doing. so with that i didn't want to build anyone's anticipation up and they come up and down and up and down. i yo-yo with all of the drama that goes into this. i hunker down with my staff. we've been doing this since april and may diligently and then we thought it fell apart a couple of weeks ago. we came back to chuck's credit, start talking some more. we did to see if we could scale this and put it in a position we have it today, which i think is great. a great opportunity. it's not a democrat bill, it's
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not a republican bill, it's definitely not a green bill. it's a red, white, blue bill. >> the senate leaves this week. will you have passed this legislation before you go back home to west virginia? >> i sure hope so. i think that's been the plan. i didn't -- you know, when it came -- when it came all the way to fruition and monday, this past monday and i tested positive on monday morning, so i was kind of confined up and everything but we were working daily, day and night. staff is working. everyone was interacting and things start coming together and by wednesday we had text that we all agreed on. the president agreed on it, so did nancy pelosi agree on it and chuck schumer and i agree on it. we had an agreement for something we worked on for a long time and i think that's what it's all about. >> if it passes, this bill, it's poised to be one of the biggest achievements of the biden presidency. what role did president biden playnegotiations?
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does he deserve any credit for these bills? >> absolutely, jake. you don't do anything of this size and magnitude, this is changi changing. it changes the investment portfolio for the investment of the future. it changes jobs because we give incentives. we didn't send a check to anybody. we gave them incentives to earn it. that's the bottom line. you don't do a bill of this magnitude and this size without the president nothing what's going on, the president being involved to a certain extent but also giving approval. that's what president biden did and i am forever grateful that we have an agreement and a piece of legislation that's going to be really, i think, changing the whole landscape of america. >> as you know, in the last couple of years you've faced a lot of criticism, public and private from your fellow democrats. senator sanders said you didn't have the gutsz. congresswoman jayapal said you
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betrayed them. how does it feel they are running to embrace this legislation? >> jake, i take none of that personally at all. i understand the frustrations they had and everything. i didn't look at it as politics. i had a d by my name and i don't look at my republican friends and colleagues. we're all-americans. can't we put our country first? that's what i've always said. so i'm not going to make deals and i'm not going to make negotiations and i'm not going to vote because it helps one party over another party. this is good for america. this is what this is all about and that's what i care about. >> president biden says he plans to run for re-election in 2024. you have not yet committed to supporting him in 2024. do you think president biden deserves a second term? >> jake, i'm not getting involved in any election right now. 2022, 2024. i'm not speculating on it. president biden is my president right now. i'm going to work with him and
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his administration to the best of my ability to help the people in my state of west virginia and this country and we have agreements, we have respectful agreements. we'll respect each other and we work through them. so this is what people are upset about. everything is about the next election. this is about today's inflation rates that's killing people. we have got to get the inflation rate down. we have got to have an energy policy that works for america and we're not going to raise taxes but people should be paying their fair share, especially the largest corporations in america that have a billion dollars in value and greater. can't they pay at least 15% so that we can move forward and be the leader of the world and the super power we are? >> senator joe manchin, thank you very much. appreciate your time today, sir. >> thank you, jake. always good to be with you. what do republicans think of this sweeping new legislation? republican senator pat toomey from the great commonwealth is here to give his perspective. plus, we'll talk with him about why he is working with other
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republicans to block aid for veterans injured in burn pitts and get a reaction from the veterans secretary. all of that is next.
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republicans are venting. they're claiming betrayal after democrats made another deal. now republicans have set up their own controversy sparking outrage against veterans groups after they would help those sickened to burn pitts while in iraq and afghanistan. joining us now is senator pat toomey of pennsylvania. i want to get to the pact act. you heard senator manchin argue that republicans should be supporting his climate and tax bill because it would reduce inflation, boost energy production, lower gas prices, increase revenue and help pay down the debt. i'm guessing you don't see it that way, but what's your response? >> well, jake, thanks for having me. i like joe manchin very much. we've become friends over the years we've served together in the senate, but it really looks to me like joe manchin's been
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taken to the cleaners. this bill, the corporate tax increase is going to slow down growth, exacerbate a recession we're already in. the prescription drug prices will slow down life saving and life enhancing medicines. they're going to spend it on corporate welfare for green energy, subsidizing people buying teslas. and the obamacare subsidies that they would let expire this year are going to be continued for high income americans. all of this adds up to doing nothing for our deficits, it's going to do nothing for climate change and what does joe get for this? he gets the promise that some day in the future they'll pass some kind of legislation about energy infrastructure. if they were serious about doing this, they'd put it in this bill. it's not going in this bill because they don't have democrat votes for t. by the way, we haven't seen any text.
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we don't know what it's going to look like. this is a disaster. it will make inflation worse and the recession worse. i'm surprised joao greed to this. >> you just said a lot. let me do these one at a time. >> yeah. >> when you talk about corporate tax increase, what this bill would do, if there is a company that has a billion dollars or more in profit, it would require that that corporation, that company spend at least 15% of its profits in taxes. now to the average american who pays more than 15%, they might think, that doesn't really sound like raising corporate taxes. that sounds like the way senator manchin described it, closing the loophole. why are they wrong? >> so let me say why this is devastating, especially to american manufacturers, especially to the coal industry, why the joint tax committee says half of the burden is going to be covered by the manufacturing sector. here's what happens. if a company makes a billion
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dollars. that income is calculated using our tax laws. then they pay 21% on that. now what we did in the 2017 tax reform, which helped spur so much economic growth and investment, we said if you take your profits and you invest them back in your company, if you buy more equipment, if you buy more machinery, if you build a new plant, if you do the kind of things that allow you to grow and hire more workers, we'll allow you to treat that as the expense it is in the year in which you incurred the expense rather than take that expense in little bits over many years. so someone with that billion dollars in which they reinvest all of it, that doesn't count as income for that year. now according to the financial accounting, the financial books, which is what joe and this deal would rely on, they don't allow you to expense that investment you've made in your business. they only allow you to take a small sliver of that as a deduction. so you'll have to pay 15% on that investment. guess what, that makes that
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investment in american manufacturing much more expensive. it means there will be less of it. we made this change, jake, very consciously predicting, correctly as it turned out, that it would accelerate the investment in american manufacturing. the democrats are going to blow that up. >> you said this isn't going to do anything for climate change but at the heart it would be the single biggest investment to combat t. $369 million in it. efforts to curtail emissions. we are seeing results of the climate crisis all over the globe. climate experts say this bill would have a real impact. why don't you agree with that? >> well, not the -- not the ipcc. not the definitive source that folks use for the climate modeling. jake, it's not true that republicans are denying the climate is changing. the fact is all of records.
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>> according to the united states of america, it went to zero carbon emission tomorrow which is from a carbon emission point of view equivalent to disappearing tomorrow. then in 2100, the end of this century, the surface temperature of the planet would be .3 of 1 degree cooler than it would otherwise be . >> i think it's more than allowing rich people to buy teslas, but i have this important issue that i know you want to talk about. republicans blocked a bill for veterans who were exposed to burn pitts. there are veterans camped out
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and ones you've been hearing about i'm sure in pennsylvania hearing about this. this delay has a real impact. listen to this from danielle robinson. her husband first class heath robinson, he died from lung cancer. here she is talking about the cost of how long this is taking to get done. >> if you know a veteran who actually took his life because of the delay. he was denied from the va and he lost his private health insurance. he would qualify under this new bill. once he learned about the delay, he actually did take his own life because he wanted to spare his family of losing their home. >> to be clear, she's talking about a previous delay, not the one you caused last week, but what do you say to those who find it impossible to believe that of all the multi-trillions of dollars, this is where you decided to stand? >> here's what you need to keep
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in mind, jake. first of all, this is the oldest trick in washington. people take a sympathetic group of americans, and it could be children with an illness, it could be victims of a crime, it could be veterans exposed to toxic chemicals, craft a bill to address their problems and sneak in something unrelated that they know could never be passed on their own and dare republicans to do something about it because they know they'll unleash their allies and a pseudo celebrity to make up false accusations to get us to swallow what's been here. >> this was in the bill last month. >> yeah, and we were promised that we would have an opportunity to offer an amendment to change this and then of course that was reneged on. so people hadn't had a chance to be socialized about it. let me be very clear. republicans are not opposed to any of the substance of the pact
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act. my honest democratic colleagues, my objection, if i get my way, my change, it will not change by one penny any spending on any veterans program. what i'm trying to do is change a government accounting methodology that is designed to allow our democratic colleagues to go on an unrelated $400 billion spending spree that has nothing to do with veterans and that won't be in the veterans space. that's what i'm trying to do. they could have agreed to this a month ago and this bill would sail through. we can resolve this with an amendment vote but some of the democrats don't even want to have an amendment vote. >> chuck schumer is willing to give you a vote on your amendment and i guess the question i have is if you get that vote, your -- a vote on your amendment, will you agree to vote for klochur, that's allowing the bill to come to the floor? we don't expect senator toomey will vote for the bill but will you vote to allow a vote on the
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bill? >> well, first of all, let's be clear. if my amendment passes and we strip out this completely unrelated provision worth $400 billion i will vote for the bill. that's number one. look, klochur is not blocking the bill. what that means, there can be no more amendment votes. i might have some colleagues who have a couple amendment -- we've been allowed no amendment votes on the biggest change to the va in i don't know how long. i think we ought to have a few votes. i want to have my amendment considered because i think this is important. we could have done this a month ago, jake. chairman tester, i know he very much wants this bill to pass. i believe he and his staff are working in good faith with us to get to a resolution. there are some democrats that want to say, nah, you don't get to change anything. we don't have debates, amendments, we're going to jam this through. >> it's not enough for you to get a vote on your amendment. you want your republican
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colleagues to get a vote on their amendment too? >> it's not only up to me, jake. i do think anybody who has an amendment ought to be able to get their amendment. that probably means two or three amendment votes. we could bang that out tomorrow night literally and then pass the bill with probably 85 votes. we'll see if our democratic colleagues want to actually pass the bill. >> the top republican on the senate committee, he said he thinks the republicans should pass it now and fix any problems that emerge later. >> yeah, except there's never an opportunity to fix the problems later, that's why they're not giving us the opportunity now. they know they can prevent us from fixing it later. >> one of the questions i think people have about what you're claiming is a budgetary gimmick is the va budgets will always remain subject to congressional oversight. they can't just spend this money any way they want. from how i read this legislation, it says that this money has to be spent on health
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care for veterans who suffered exposure from toxic burn pitts. >> this is why they do this sort of thing, jake, because it gets very deep in the weeds and very confusing for people very quickly. it's not really about veterans spending. it's about what category of government bookkeeping they put the government spending in. my change, the honest people acknowledge it will have no affect on the amount of money or the circumstances under which veterans will be spent. what i want to do is treat it for government accounting purposes the way we've always treated it for government accounting purposes because if we change it to the way that the democrats want, it creates room in future budgets for $400 billion of totally unrelated extraneous spending on other matters. that's what i want to prevent. we are spending way too much money to use, to hide behind a veterans bill the opportunity to go on an unrelated $400 billion spending spree is wrong and we shouldn't allow it.
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>> senator pat toomey of pennsylvania, thanks so much for your time. really appreciate it. here with me now to offer his perspective is the secretary of the department of affairs. you just heard senator toomey arguing that the way this bill is structured could open the door to unrelated spending abuses by the va. >> you know, jake, if you look in the bill for $400 billion that he's talking about, you won't see it. you would have to go deep into some charts at the back of the cbo report about -- to find that. why is that fund in the bill? the fund is in the bill so that we can ensure, as you suggested, that all the spending for this program is for the veterans exposed to these toxins. and so he says it won't impact our programming. in good conscience i don't see that to be the case. in fact, it puts a year-on-year cap on what we spend and then at
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the end of ten years the fund goes away under his amendment. so the impact of that would be if we -- if his estimations are wrong about what we'll spend in any given year, that means that we may have to rags care for veterans. >> yeah. >> because -- and by the way, that's not something i'll sign up to. let me just say one other thing about this, jake, is the estimates that he uses in his amendment to set these caps on what we can invest in people like i saw yesterday on the capitol steps is the cbo. the cbo currently -- >> congressional budget office which does a nonpartisan analysis. >> the cbo says we would be spending $14 billion a year less this year. >> right. >> that's $14 billion off and
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that's four years out from their initial investment. he's asking us to take their word for it in eight or ten years. i can't in good conscience do that because the outcome of that would be rationing of care for vets which i can't sign up on. >> right. he wants caps on spend so long it doesn't become -- i assume, i'm putting words in his mouth, another entitlement that doesn't get out of control. there are sick and dieing veterans right now who need this right now. when you started in this job, the law was different. there was not a presumption that if you were exposed to a burns pit and you had cancer that you got it that way. >> right. >> senator tester, rubio, others have been working to change that. should democrats allow toomey's proposed change so at least the veterans can get the care they need as soon as pock? >> this has been the number one priority for president biden. notwithstanding that, the president has assumed presumptive conditions, taking
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the burden of proof off the veteran for veterans who have 12 different conditions as a result of their service in iraq and afghanistan and other places like uzbekistan and somalia. the president is moving out smartly. in terms of what happens and in terms of amendments and everything else up there, i guess what i'd say is these folks have waited long enough. let's just get it done. also, let's not be for a proposal that places artificial caps on year by year and then functionally at the end of those ten years makes this fund go away. let's not sign up to that because at the end of the day the risk of that is going to be rationing of care to veterans. >> the bill, we're told schumer's going to bring it up again. he's offered toomey an opportunity to vote on that although that doesn't sound like that will be enough. he wants an open process. do you think that will be enough?
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are there enough republicans who voted for it in june, voted against it next week, are going to come back and vote for the bill like senator danes as opposed to some of the folks lying about the bill like senator cruz. >> when you referenced the vote in june, there's been one change since then. single change completely unrelated to this issue they have somehow insisted at the last minute here be debated. so if everybody does what they did before, this has 84 votes. so i think they should just get on with it, have the vote. >> one separate matter. 24 separate democrats sent you a letter urging you to allow abortions at veterans hospitals. 400,000 veterans live in states certain or likely to ban abortion. will the va take this measure and allow abortion services at
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va hospitals even in states where abortion is ban? >> thanks very much for the question. there are 300,000 women veterans of child bearing age who rely on us for their reproductive health care, all their health care. we're going to make sure that they have access to the full slate of that care because that's what we hold them. >> in those states are you going to pay to fly them -- >> we're looking expressly at these questions about how we guarantee the life and the health of our veteran -- our women veterans, those 300,000 who rely on us for their care. i don't have any announcements to make an that but we're looking to make sure there's no diminution and no reduction in services and no risk to their lives. >> is your preference it is at the va hospitals in the states we're talking about? >> my preference is those 300,000 women veterans, that's the fastest growing cohort of veterans we have in our care,
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women veterans, my preference is that they not face risk to their lives as a result of this decision from the court. we're going to make sure that we're in a position to take care of them. >> secretary of the department of veterans affairs, thanks for being with us. >> thanks very much. are some of the candidates hand picked by president trump now struggling in the polls? we'll take a look at the races and what they say about the state of the gop. that's next. before treating your chronic migraine— 15 or more headache days a month, each lasting 4 hours or more you're not the only one with questions about botox®.
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i know it can sometimes seem like nothing gets done in washington. i know that never crossed any of your minds, but the work of the government can be slow and
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frustrating and sometimes even infuriating. then the hard work of hours and days and months from people who refuse to give up pays off. history is made. lives are changed. >> when everything was looking down for president biden, are things finally looking up? i'm here with my panel. let me start with you congresswoman eleanor holmes norman. biden had a pretty good week. you want me to say an excellent week? got the chips bill done. still the gdp suffered losses, possibly we're in recession. economic pain is very real. what do you hear from your constituents. the washingtonians you represent? >> i must tell you, we were looking down and then all of a sudden we're looking up. when you talk about the affordable care act, prescription -- build back better, at least some version of it, and prescription --
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prescription drug passage, and that coming near the end of the session? who would have predicted that. so everybody is feeling very up, even like could we keep the house behind all of this when we were set to lose it and lose it big? and now, frankly, it has closed. >> david, you're not buying it. >> listen, you're a very nice woman, congresswoman. i think your optimism is misplaced. gallup has joe biden as the lowest ranked president as t the -- a cnn poll, 85% of americans were not the economy is terrible. quote another famous democrat, it's the economy, stupid. people -- gas prices.
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americans out in america driving on their holiday, taking their kids to the summer camp, still having to fill up. inflation. joe manchin has added inflation. it will be a disaster. >> what are you hearing from people in michigan? >> people are looking at gas prices. they're pumping their tank and saying it's expensive. there are two pieces. these guys keep pointing at other guys and saying it's your fault without proposing any opportunity to do it. this big f'ing deal of a deal is going to bring down energy prices on an average $500 a year for most folks. the other side of it is this. your side is doing everything they can to kill that advantage. you have this patriotism of convenience that we keep seeing. you send our young people out to war and then you won't pay for their health care afterwards. you have donald trump who blamed saudi arabia. >> david served. >> i appreciate the service. i appreciate the service but this is the problem. politicians will send people out
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and won't pay for their health care. >> just real quick, senator toomey hit on this, i'm not going to belabor it. it's very clear most americans supported the veterans bill. this happens ahead of mid-term cycles. chuck schumer has not actually said he will bring marriage equality up for a vote. people like ron johnson, vulnerable 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 mid terms. it is so cynical. one thing i have to say. biden did have this victory. we also are in a recession. brian deese says two straight quarters of negative economic growth is a recession. i hope they can name it the bringing down inflation. we are in a recession whether we call it that.
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>> i want to jump on that point of cynicism. the presumptive nominee is donald trump. he just hosted a golf tournament with -- >> they also think he engaged with 9/11 denialism. i would note this, by the way, he's the only person that loses to biden head to head. there are other candidates, mike pompeo, nikki haley. >> would you like donald trump to be the republican nominee in 2024? >> i would. >> it would make it easier. >> it would guarantee a win. >> really? >> look at the polls. who is going to put trump back in power again, particularly after day after day there's something else that comes out that we didn't know about trump, moot to mention the way it comes
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out. your congressman, dean phillips, a democrat. >> i have respect for joe biden,' man of decency, goodwill, compassion, and of strength but to answer your question directly, which i know is quite rather, chad, no, i don't. i think the country would be well served by a new generation of compelling, well-prepared, dynamic democrats to step zblup new generation, compelling, well prepared. >> got one right here. >> here he is. here he is. do you think -- that's reflected in the polls right away. congressman phillip might be the only democratic -- >> it's been a tough couple of years. i'm really interested to see what happens in '24. you have a problem of really dynamic democrats who are running for seats. i want to see what we can do when we hold a trifecta if that's possible.
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we'll see what happens with the house. >> you've had a trifecta for two years. >> true, it's a trifecta plus joe manchin. the other piece of this i think we have to remember is that it's not just about who is in power, it's also about who they serve in power. i talk to young folks all the time. there are a loot of tlot of thi the biden administration can do. canceling the student loan debtor taking on the role that inflation is having on the earnings, particularly of young people. >> those are all nice things to say but you can't -- your trifecta, right, can't pass those things, right? >> they're about to. >> no, they're not going to. this is arguably not going to do much except, you know, perhaps throw gas on a fire -- >> not gas because it's green. >> exactly. >> what do you think? >> republicans are going to take back the house. it will be a smaller margin but i don't think there's a scenario
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democrats will. when you can't afford gas. putting things back on the grocery chef and this bill is not going to do enough quickly enough to bring those down. >> these are good headlines. pact act is good headline. >> thanks for being here, especially, congress womt, appreciate it. how australia's prime minister is taking on the question. plus is the prime minister going to break away from the queen? the first u.s. interview next.
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crisis continue to wreak havoc around the world. in australia the new prime minister has pledged to achieve net zero by 2050 but is the rest of the world on board? joining me is anthony albanese, prime minister of australia. the climate crisis is here. i guess the question i have, by the time world leaders, including india, china and the united states get together to agree to do something significant, won't it be too late? >> i certainly hope not. i'm very optimistic. at the madrid summit i had discussion with world leaders and at the quad leaders meeting, and i regard people as being very prepared to take much stronger action. there's a greater recognition now as well that dealing with the challenge of climate change represents also an economic opportunity. we will see the greatest
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transformation that we've seen in our economy since the industrial revolution with the shift to clean energy, an clean energy we'll of course see jobs being created at the same time, something that the biden administration recognizes, something that our european friends certainly recognize as well. >> let's turn to national security because china, as you know better than i, is increasingly flexing its military muscle in your part of the world. the recent survey found 3/4 of australians believe this could be a threat. how are you preparing for that? >> what we're preparing for is strengthening our alliances. we want to have good relationships with china and cooperate where we can, but we'll stand up for australian values where we must. and that is my approach to the relationship with china. clearly it's changed in recent
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years and that xi, china has become more forward leaning, we have more strategic competition. >> the cia chief said it's not a question of if but how. if they attack taiwan, would australia help? >> we're not dealing with hypotheticals. australia supports a one china policy, but we also support the status quo when it comes to the issue of taiwan, that people respect the existing structures which are there. i believe that clearly is in the interests of all parties and i have taken the view as well that it is not in the interests of peace and security to talk up those issues of potential
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conflict. >> i want to get your outsiders perspective on some things going on here in the united states, especially the congress's january 6th investigation. i want you to take a listen to what one of the witnesses in the most recent hearing, former trump national security official, said about the impact of the insurrection on january 6th of america's standing in the world. >> january 6th helped feed a perception that i think emboldens our adversaries. i heard from a lot of friends in europe, in asia, allies, close friends and supporters of the united states that they were concerned about the health of our democracy. >> are you concerned about the health of our democracy here in the united states? >> democracy in the united states remains strong. the united states remains a beacon for the world in terms of
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democratic nations. i firmly believe that. and whilst the assault on democracy we saw on january 6th was of real concern to all those who hold democratic processes dear around the world, the fact that you're having an open and transparent process, those hearings have been broadcast to the world indeed underlies in my view the strength of u.s. democracies, the strength of those institutions. >> in 1996 after 35 australians were killed in a mass shooting your country's government took immediate action. you passed strict gun regulations, implemented a buy back. what has it been like to watch the united states face our all too frequent gun problem especially given your experience? >> well, every one of these tragedies is heartbreaking and
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every one of these tragedies keeps reinforcing as an outsider the fortunate position australia's in of having those strong gun controls and the tragedy for the families affected by those crimes. in australia we had a bipartisan response and we haven't had one since. i just say we should look at our experience. it's up to the united states as a sovereign nation what direction it takes, of course, but the truth is that australia's experience shows that less guns, particularly less automatic weapons, the less crime occurs and the less tragedy occurs. >> before we go, and speaking of sovereign nations, queen elizabeth celebrated her platinum jubilee last month. at the time you praised her
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leadership but you also stressed the relationship between the u.k. and australia is one of equals. you have supported removing the queen as australia's head of state and becoming a republic. now that you're prime minister, are you going to make that happen? >> well, i do support a republic, but that doesn't mean i don't respect the queen who has presided over the commonwealth for 70 years. that's quite an extraordinary achievement. our priority this term is recognition of first nation's people in our constitution. history didn't begin in 1788 with the arrival of the british first fleet. it goes back some 65,000 years with the aboriginal. the oldest civilization on the
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planet. my priority is getting that constitutional change done first. >> prime minister albanese, thanks for being with us and congratulations on your victory. >> thank you, jake. >> fareed zakaria, gps, starts right now. this is gps, the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria coming to you live from new york. today on the program, those who play with fire perrish by it. that was chinese president xi's warning by it this week to president biden over taiwan. the big question, will speaker pelosi travel to the island after all and risk china's ire. if she does, how might china respond? i will talk to the former chairman of the former joint chiefs of staff, admiral mike mullen about that. th


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