CNBC Television published this video item, entitled “LIVE: Schumer speaks on massive climate, tax bill after securing Democratic support — 8/5/22” – below is their description.
Senate Majority Leader Chuck Schumer (D-N.Y.) holds a press conference Friday on Democrats’ marquee legislation to tackle tax reform, health care and climate change.
Schumer speaks after he unified the Democratic caucus around the bill by cutting a deal with centrist Sen. Kyrsten Sinema, D-Ariz., a key holdout.
The bill, dubbed the Inflation Reduction Act, was revealed late last month by Schumer and Sen. Joe Manchin, D-W.V., another centrist who had sunk Democrats’ prior efforts to pass a sweeping package to overhaul the post-pandemic economy.
The reconciliation bill is set to proceed through the Senate this weekend. Democrats hope to pass it without needing any Republican support in the chamber, which is split 50-50 between the parties and where Vice President Kamala Harris holds the tie-breaking vote.
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
#CNBCTV
LIVE: Schumer speaks on massive climate, tax bill after securing Democratic support — 8/5/22
CNBC Television YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.