This is GPS, the Global Public Square. Welcome to all of you in the United States

and around the world. I'm Farid Zakaria coming to you live from New York. Today on

the program, those who play with fire perish by it. That was Chinese President

Xi's warning this week to President Biden over Taiwan. The big question, will

Speaker Pelosi travel to the island after all and risk China's R. If she

does, how my China responds. I will talk to the former chairman of the

Joint Chiefs of Staff Admiral Mike Mullin about that. And the latest efforts in

Ukraine's war trying to take back territory from Russia. Also, one of the

biggest business fears about a potential Chinese attack on Taiwan is what

happens to TSMC. This is the most valuable company in all of Asia. It makes many

of the chips in many of your high-tech devices. I get a rare interview with the

company's chairman and ask him about those fears.

But first, here's my take. Is it possible that despite all the partisan noise and

expert disbelief, Joe Biden is actually managing to do something that he

promised during his campaign, governed from the center. The evidence is

piling up. If the compromise hammered out on Wednesday between Chuck Schumer and

Joe Manchin passes, it will be the largest investment in fighting climate

change made by the federal government, while also being the largest deficit

reduction package in a decade. The deal comes on top of the chips and science

act, which makes massive investments in basic research and critical

technologies. That followed the first bipartisan gun control legislation passed

in a generation. And that was preceded by a trillion-dollar infrastructure bill

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