Biden on the brink of biggest win of his presidency
No Lie with Brian Tyler Cohen
Brian Tyler Cohen
4.9 • 7.8K Ratings
🗓️ 31 October 2021
⏱️ 37 minutes
🧾️ Download transcript
Summary
We finally have a finished Build Back Better Act; we discuss what's in and what's out, as well as a trap that Republicans are hoping Democrats fall into with this bill. Brian interviews White House Communications Director Kate Bedingfield about the bill, how the White House intends to pass the rest of its priorities that were left out, and about whether they’re doing enough in the face of Republicans dismantling the foundations of our democracy. The mayor of Richmond, Virginia, Levar Stoney, joins to discuss the state of the race between McAuliffe and Youngkin, how the early vote is looking, and what’s at stake if Youngkin were to win.
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Written by Brian Tyler Cohen
Produced by Sam Graber
Recorded in Los Angeles, CA
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Transcript
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| 0:00.0 | Today, we're going to talk about the finished Build Back Better Act, What's In and What's Out, |
| 0:04.9 | and a trap that Republicans are hoping Democrats fall into with this bill. |
| 0:08.2 | I interview White House Communications Director Kate Bettingfield about the bill, how the White |
| 0:12.0 | House intends to pass the rest of his priorities that were left out, and whether they're doing |
| 0:15.6 | enough in the face of Republicans dismantling the foundations of our democracy. |
| 0:19.4 | I also talk to the mayor of Richmond, Virginia, La Barastone, about the state of the race between |
| 0:23.3 | McCallif and Youngkin, how the early vote is looking, and what's at stake if Youngkin were |
| 0:27.0 | to win. |
| 0:28.0 | Brian Tyler Cohen and you're listening to No Lie. |
| 0:30.6 | So it looks like we officially have a Build Back Better Act. |
| 0:36.7 | Congress finished up negotiations with help from the White House this past week, and Representative |
| 0:40.6 | Jayapal announced that there's now legislative text. |
| 0:42.7 | I believe 1,400 pages, but top line, here's what's in and here's what's out. |
| 0:47.4 | The bill includes $550 billion for climate change, mostly composed of clean energy tax credits. |
| 0:53.0 | It expands Medicare with coverage now including hearing benefits, universal pre-K for three |
| 0:57.4 | and four-year-olds, child tax credit, providing a monthly cash allowance of $300 per child |
| 1:02.8 | under $6, and $250 per child between six and 17 years old. |
| 1:07.6 | And expanded earned income tax credit, benefiting 17 million low wage workers. |
| 1:12.6 | Child care costs would be capped at 7% of income, expanding access to about 20 million kids |
| 1:17.4 | and freeing up their parents to participate in the jobs market and stimulate the economy. |
| 1:22.0 | Elder care by expanding home-based services through Medicare coverage, college grants for |
| 1:25.8 | low-income college students, better ACA subsidies, and premium ACA tax credits, money for affordable |
... |
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