tv House Speaker Pelosi Holds Briefing CSPAN October 12, 2021 11:31am-11:56am EDT
election since the bush years has been a wave because people have said that they are dissatisfied with the direction of the country. all the way back to 2004, the iraq war, hurricane katrina, distrust in government and you hear the same discontent almost 15 or 20 years later. the public is dissatisfied with both parties, dissatisfied with leadership on both sides so they basically say we will throw you out if you do not do the job well and that has been the case for the last 18 years. host: this is edward in new jersey. independent. good morning. caller: i was wondering if we are getting an accurate picture of the youth demographic. i cannot see that the gop can pivot themselves away from --
rep. pelosi: good morning. i came back in time to root on the ravens to have a two-point conversion to tie up the game to win in overtime at the same time as the san francisco giants won the second of three games in terms of baseball. more to come on that. it is always a unifying thing, sports, where we root for the home team. in my case, it is san francisco and baltimore as well. now that we have dispensed with the truly important, i want to report on a very important visit that i had at the end of last week and over the holiday weekend. as you may know, climate issue was my issue when i was speak of the first time when president bush was president and we passed
the biggest energy bill in the history of our country, some of which was usurped by president obama when he was president for executive orders regarding climate and energy. we were not able to pass the legislation for climate, needing 60 votes in the senate. it has always been of the highest priority. this weekend and the end of last week and this weekend, i had the privilege of representing the congress of the united states at the g20 meeting, -- it is always about security, economy, and government, specifically focused on covid and climate. in addition to being part of that opening ceremonies of the top 20 succession -- session of
the legislators let -- gathered there. while we were there, the announcement of the nobel prize winners for physics was named in one of them was an italian who had participated in the opening ceremonies as well because he received it. i will not try to describe it to you. i never try to describe where -- why somebody gets a nobel prize in physics. it is related to climate and his understanding of how things are interconnected. george is his name and it was such an honor to be on an opening ceremony with him showing us a path for what we must do in addition to what we know from our experience, but knowing it from the standpoint of physics.
it was interesting because every country is ready for all -- we are all measuring each other's commitment to meeting our emissions goals and the president's is a strong one. what we said at this meeting is that america is back. that is exactly the message of president biden. back in terms of multilateralism, in terms of the transatlantic charter, which was an important part of our discussions as well as back in terms of leading the way on the climate crisis. his is not only to meet the goals, but to beat them and we would have over 50% by 2030, 100% by 2050. part of the commitment in addition to meeting our own goals is to make sure we help developing countries with the
technology and the sources to meet daycares -- theirs. they are not responsible for many of their admissions, but they pay a big price and terms of rising sea levels, the melting of glaciers, the drying up of rivers and the rest that have an impact on their lives. it is a very big issue. the world health organization has issued something within the last 24 hours. i saw it when i got off the plane. they think the climate issue is the biggest health challenge that we have. it is a health issue. clean air, clean water for our children. it is a jobs issue. good green jobs for many more people to take advantage of the opportunities they present. it is a national security issue. our foreign policy experts tell us that the competitions for habitat resources, etc., is a
security issue because of the migrations that it may cause and droughts and famine and natural disasters that spring from that. but it is a moral issue as well. we have a moral responsibility to pass this planet on in a responsible way to future generations and that was much of the conversation i was able to have with pope francis. it was so thrilling to bring the greetings to his holiness. he spoke about when he spoke to the congress in a joint session of five -- about five years ago and to continue on that conversation as we prepare. it was a remarkable experience
to have that private audience with his holiness and to bring the thanks and gratitude of our colleagues and his blessings back to us. then i went to join a congressional delegation, a bipartisan delegation in portugal for the nato meeting. the other was g20 and this was the nato meeting. presided over by congressman connolly of virginia who had been elected for the entire nato parliamentary assembly. he is the president of it so he presided over the presentation by the president of portugal, the prime minister, the speaker, and the secretary-general of nato. i had the privilege to address
them and talk about women and security and i was honored to receive the first award in that regard. both women and security are one of the answers to it. i can talk some more about that. the whole time we were all focused on building back better. europeans and others from all over the world were interested in what was happening here and these discussions went into the night because of the time difference. we had some important decisions to make in the next few days so that we can proceed. i am disappointed that we are not going with the original $3.5 trillion, which was very transformative. whatever we do, we will make decisions that will continue to be transformative about women in
the workplace. transformed because of childcare and universal pre-k, the child tax credit, home healthcare. men benefit too, but largely women are those caregivers. not only to free up women to go into the workplace for their own interests, but also to recognize the work that women do in their providing that healthcare. issues that relate to medical leave and the rest. the build back better is three baskets. it is climate, which we spent some time talking about already. health, job security, and more responsibility. healthcare and the issues that relate to the affordable care act, and medicaid and family care i mentioned. whatever we do, it will be
transformative. it will reduce -- produce results and i am grateful to our president for saying i want to pass the bipartisan legislation on infrastructure, but i will not confine my vision for the future to what can be in that bill. we need the build back better. let me just say that is a very important job still. it is a job and a bill about our children and it is about our values. i am excited about the prospect that we have to make some difficult decisions because we have fewer resources. nonetheless, no diminishing of our commitment to a transformative agenda for the children. as you know, we are back today to do the debt ceiling and this
will go until the summer third -- december 3. we will be working to try to have bipartisanship, as we always have had on that legislation. let me just say some of the things that could happen if we do not achieve that. if we do not lift the ceiling, there would be a loss of 6 million jobs, $15 trillion in household wealth, and drastically increase the cost -- do you have a credit card, car loan, mortgages, student loans, credit cards. domestically, and i do not just mean within the united states, i mean at the kitchen table, domestically, it will have a tremendous impact. it is about the economy.
the gdp could go down and the surge in the unemployment rate as the economy -- right now we are recovering from a pandemic. we do not need that. just to say what it does globally, a default would send shockwaves to global financial markets and would likely cause credit markets worldwide to freeze up and stock markets the plunge. employers around the world would likely have to begin laying off workers. again, this is a report on that. i refer you to that. it is about the kitchen table, our economy, global economy, but it is also about our positive which says it should not be in doubt, 14th amendment, section four. the validity of the public debt of the united states authorized by law shall not be questioned. any questions?
those who are here the most, that is the way it goes. let me talk to the women first. >> right now american ports are running at 60% capacity. they're closing at night and on sundays. do you think the president should be talking to the unions to loosen up some of the worker regulations so they can begin working more often to be able to start our supply chains? rep. pelosi: the supply chain issue is not just an issue of what happens here. it is an issue globally and that was something that we talked about at the meeting because there are obstructions and other countries of products even making it to the ships to come to our country. we always thought to address that issue because it has a direct impact on everyone
because we are so dependent on global trade and our trade going out as well. >> in your letter last night to the caucus, are you suggesting that this package will draw child tax code it -- child tax credit expansion, medicare expansion? rep. pelosi: let me just say, $3.5 trillion, we are doing everything well. it is not a question of now we are doing it well because it is less money, but the fact is that if there is fewer dollars to spend, there are choices to be made. members have said let's get the results that we need, but we will not diminish the transformative nature of what it is and some members have written back to me and said i want to do everything. so we will have that discussion.
again, and the family section of it, the transformative nature of the abiding child tax credit -- the biden child tax credit, childcare and universal pre-k go together. they are meeting the same need. issues that relate to home healthcare. there are certain things -- we are still talking about a couple trillion dollars. it is much less. mostly we would be cutting back on years and something like that. excuse me? >> what you have to drop one of those programs? rep. pelosi: we hope not. we have to make sure -- the office said we have to have something that will pass the house and pass the senate. i am not asking numbers to vote for something that has no chance to pass in the senate.
i'm optimistic that we will get to where we need to be in a timely fashion. >> two part question. rep. pelosi: two parts? there are a lot of questions. >> do you believe you will get this done this month still? on the debt limit, are you still of the view that you should not do this as part of reconciliation? rep. pelosi: i did tell you that, did not? >> i don't think you did. rep. pelosi: you asked me if i would do it in reconciliation and you said no. i'm optimistic that these decisions have to be made. there has been a lot of discussion and we are a democratic party. we are not a rubberstamp or a lockstep party. we have discussions and i am proud of the values that all the members have brought to the table, the knowledge of the
issues that they are advancing that they bring and the realization that even at 3.5 trillion dollars, you have to make decisions. my last letter previous to this when i said everybody sharpen your pencils. an old phrase. nobody uses a pencil anymore. but sharpens your pencil -- sharpen your pencil literally and figuratively. in terms of the debt ceiling, we are just hoping we can do this in a bipartisan way. there are all kinds of suggestions that members have. one that really was endorsed a while back by mitch mcconnell, but who knows, but it was -- the manifestation of it now, mr. yarmuth and mr. boyle before, puts the responsibility on the secretary of the treasury to
make the determination to lift the debt ceiling. that decision could be overruled by the congress. it would take 60 votes under the present custom, but nonetheless, congress would have to rule -- overruled that. that seems to have some a pool -- appeal to both sides of the aisle because of the consequences to people of not lifting it. but many democrats and republicans have voted against lifting the debt ceiling, but never to the extent of jeopardizing it. this is the first time. >> you would favor that idea? rep. pelosi: i think it has merit, yes. in the meantime, we are want to pass a bill to take us to december with the hope that when people realize what the implications are -- this is not a technical thing. this has ramifications from the kitchen table to our economy to
global and constitutional. >> one of the key forms in the build back better build that has been proposed -- things are starting to get calls from customers, they are concerned about the tracking of transactions that are greater than $600. americans are starting to be worried about this. do you think giving the irs more money to crackdown on inflation -- evasion of taxes will stay in the bill? what do you say to americans who are scared about that? rep. pelosi: with all due respect, the anecdote is not data. i have said that before. there are concerns that some people have, but if people are breaking the law and not paying taxes, one way to track them is through the banking measure. i think sit -- $600, negotiation
will go on as to what the amount is, but yes. >> thank you. only 10% of americans describe themselves as knowing a lot of specific things that are in the reconciliation package and the majority do not know anything at all. do you think you need to do a better job of messaging and going forward? how do you sell this? rep. pelosi: i think you all could do a better job of selling this to be frank. every time i come through -- come here, i go through family medical leave, climate, the issues that are in there. it is true. it is hard to break through when you have such a comprehensive package. as we narrow it down and put it out there -- one of the things in the bill is the continuation of the biden tax credit, the
child tax credit that is within the rescue package. that has great appeal. do people know where it springs from? no, but it is a vast bill. it has a lot in it and we will have to continue to make sure the public does. whether they know what or not, the overwhelming we support it. women much more than men. >> to get the price of the package down -- rep. pelosi: excuse me? >> what would you go through to get the price of the package down? rep. pelosi: you have to be kidding. that is a negotiation. that is not something i would be announcing here. it will be probably an timing. the timing would be reduced in many cases to make the cost lower. it only would be in such a way that does not undermanned --
undermined the transformative nature because we have to have enough money in order to have sustainability that can be counted on. the first thing would be timing. thank you. thank you all. by the way, i have a foreign minister coming to my office now for meetings with the administration and we will have a bipartisan meeting with him and perhaps some of you will even attend our press availability in a short period. it is pretty exciting to welcome here to once again, take great pride and the relationship between israel and the united states. dear securities essential to u.s. security. security, security, security, but also values and to talk about some of the issues about a two-state solution.
it has to be a solution. they have been in the lead on covid. a small country, but big enough to make an impact for us to learn from. i am very excited about that meeting. perhaps i will see some of you at that price deal. thank you all. >> how speaker pelosi talked about the vote to suspend the debt ceiling. coming up at 1:00 p.m., the house rules committee will consider a bill to temporarily send the debt limit -- extended debt limit by $480 billion through december third. they will later vote on a debt ceiling bill. watch live coverage here on c-span come online at