depending on what the cbo score says. there's always the possibility for a monkey wrench to come in to play at the very end here. they seem to think they have the votes and that's why we think it might be a 9 or 10:00 or 11:00 or midnight because there's a lot of mechanical things that they have to do on the floor after they get that cbo score. the moderates so far, the tables and the other parts of this that they have gotten from the cbo, they seem to be fine so far. >> neil: thanks, chad. i like how you wove the christmas thing into this. touche, my friend. now want to go to jackie spire right now, the state of california. i'm wondering as you're looking at this congresswoman and we don't know the final numbers from the cbo, but would that make a difference one way or the other to you? >> well, it won't, neil. because it is paid for. that gets lost in translation a lot of the time. if you remember, the trump tax cut was not paid for. the $5 trillion was never paid for. this is going to be paid for -- >> neil: what if th

even if it means, you know, waiting on the cbo or just dismissing the cbo and we're already getting word from the white house that the president is enthusiastic about paid leave being in there. now, the very early glimpse we had 24 hours ago was that it wasn't in there. so how can we score something that's changing as we speak? >> well, i think the fact that they are putting paid leave back in there proves they know it's not going to pass since several democrats are already on record saying they are not going to support those elements in the bill so that -- >> neil: so why do it? why do you think they keep doing it? >> i think that really what it boils down to is this has become a virtue signal for congressional democrats to show not only the leftists in the house and senate, wow, we're going to support these policies even if we know they won't pass but at least we can say that we tried and then blame it on the moderates like joe manchin when it doesn't work. i think they are just desperate at this point to prove like, we're progressive enough, we can't actually do this, we know it won't

madame speaker, we should simply not proceed until we have a cbo score. we have our differences of opinion. fair enough. the american people and all of us in this chamber to know what this bill costs before any of us are asked to cast a vote. i know the support of my friend's point of order and i yield back. >> gentleman from massachusetts. >> i reserve my time. >> gentleman reserves. gentleman from missouri. >> thank you madame speaker. i reclaim the remaining time. madame speaker, it has been, it has been quite, quite a groundhog day when you watch what has been going on with this legislation over and over. it started out with a 2400 page bill. last thursday, a new 1700 page bill was dropped. this week on wednesday, an additional 2135 page bill was dropped, and none of the bills have been completely scored, but what we do know, after 11 p.m. last night, they made additional changes to the 2135 bill that was dropped on wednesday. and you know what their priorities are and those changes? to give millionaires larger tax breaks. that was the priority. to gi

what do you think the cbo is going to find. we have heard from a nonpartisan tax group this bill cost not 1.8 trillion but $5 trillion. >> yeah. they will say it costs way more than they're leading on. and the second thing is this is not going to cost the american tax paper zero like joe biden has been telling us. it's going to be costly to the american budget. if we are almost $30 trillion in debt. it's hard to pay back off. and when interest rates rise, that interest statement becomes that much bigger. that's an issue and i think it's going to show tax middle class americans. all of this is going to be bad when the cbo comes out. carley, what the cbo will not talk about is the dynamic scoring. what impact does this bill have on the economy which, by the way it will be drag on the economy and have less revenue under the federal coffers because this doesn't stimulate growth it stifles growth. it being. todd: increasingly confident g.o.p. dr. fauci, if they take back the midterms. promises of action and promises of investigation

on thursday this came just after the cbo which amazes bills and estimates what they will cost. the cbo says biden's plan will add $367 billion to the deficit over a ten-year period so that despite administration insisting the plans were fully paid for. in the past biden said he would abide by cbo guidance but now a strange about-face now the administration seems the estimates can be ignored. >> cbo does not have experience from revenue amounts gain from cracking down on wealthy tax cheats who are taking advantage of every taxpayer. gerry: fighting in the senate it will be heavily rewritten and we will see how that comes out in the next week or two let's take it up with our pill the hill media columnist t10 and congressional progressive caucus with democratic congressman teethree. thank you for joining us. administration has insisted the bill is paid for the cost we zero cbo seems to disagree now it looks like this will add significantly to the deficit how do you justify that? >> it is paid for. month - - inflation is a monetary phenomenon money chasing too few goods this will n

cbo is going to read the bill. they are going to score what the bill says, not what someone hopes it says or what some one has said it will dot. they will look at the actual bill, okay, with open-ended entitlement for child care subsidies, open-ended entitlement for parental leave, how much will people take? let's find out how much it will cost. that is often a very different exercise than abstractly thinking of spending a couple hundred billion dollars. if it comes in with more spending than taxes they will have to go back to the drawing board. how they choose to do that is in the hands of members themselves. cbo doesn't have a stake in that they will wait for the next iteration. they will score it exactly the same fashion. neil: cbo can either be your prince or your devil, right? depending on whether the score will be accepted. >> absolutely. neil: or one that you think is out of line. democrats are already positioning themselves to say, well we disagree on this irs thing for example. then we'll go, we're going t

i wonder why you disagree so dramatically with the cbo. sec. psaki: i wouldn't characterize it in those terms. another person i have not introduced, but doug elmendorf who you are familiar with who directed the cbo from 2009 2015 said estimating the returns on additional irs enforcement was challenging because it was difficult to quantify the effect of more auditors. we technically have disagreements with economic experts who are projected it would have larger savings. our projections are not exactly the same as larry summers who said the proposal could result in almost $800 billion in revenue and has an op-ed about it. others have projected it would have even larger savings. it is an indication of the difficulty, but what we think is an important indication for the american people and members of congress who are concerned, as the president is about deficit reduction, this money will help the deficit over 10 years -- this is something where it will have that impact. it has a larger impact than what we were projecting. reporter: is there anythin

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they are going after the cbo. the cbo are the official government score keepers of spending. already says no the biden agenda is not paid for. that could cause democrats like joe manchin and krysten sinema to say no we're not voting for this. hillary vaughn has the story. reporter: the president is very clear, he thinks his social spending plan costs zero dollars but estimates released from the cbo this week foreshadow some of his math is not adding up, like the extra tax revenue they would bring in catching tax cheats. the cbo says it is closer to 120 billion in revenue, not 400 billion biden was betting on. so now the white house is turning around and attacking the non-partisan congressional budget office's credibility an ability to do their job. >> there has been wide agreement on the part of everyone involved, moderate, liberals, et cetera, that cbo does not have experience analyzing revenue amounts gained from cracking down on wealthy tax cheats who are taking advantage of every honest taxpayer. reporter: but the cbo says they actually do know how to do that. the former

i wasn't faulting the cbo. wait a minute. they told you this isn't adding up and it's not free and won't add a dime to the deficit and you're still voting for it. >> well, but we just -- let's go to the senate and see what they do. what else do we learn? we learned that lots of these programs disappear after one, two, three years and that's what keeps the price tag down. if you extend them for the full ten years, this is suddenly $4.2 trillion and the deficit is $2.9 trillion. those are big numbers. they get attention in the senate. they deserve attention. the white house says it's going to fight inflation, bring women in to the labor force. how can it do it if they go away? they don't get it both ways. it cost as lot or it doesn't and none of those things happen. the senate recognizes this. they'll say okay, we have to modify this bill. those moderates in the house will have to take another vote. they'll have a lot of time to ask what is my tolerance genuinely for these deficits now that -- they ram rodded this through. i ha

nod democrat democrats held out for analysis from the cbo. >> we are taking into account the cbo's score before we vote on any bill regardless of the size. and so when we are looking at a bill that's likely to be close to $2 trillion, it's responsible thing to get the best nonpartisan estimate we can. >> there have been efforts by some democrats to dismiss the cbo's score. of the numbers don't lie. >> the cbo has a political agenda. it builds its estimates not on what it thinks the truth is but what the research literature says is the consensus. >> the g.o.p. says some of the cbo figures are cbo oh no. >> i can't help but wonder what my so-called moderate colleagues on the other side of the aisle are waiting for with baited breath for a cbo score. you don't need a cbo score to know that $500 billion of unicorn climate agenda energy policies are going to drive up heating costs, drive up the cost of gasoline and cripple our economy. >> republicans say democrats misjudge the economy and president biden and democrats are overplaying their electoral mandate. they have narrow congressional maj

saying don't listen to the cbo? >> we have phrased the cbo for the work they have done on the build back better plan immensely, but in scoring irs enforcement, that is something economists across the board have noted, democrats and republicans have been briefed on for several months now, and that's why it is not a surprise to them as to why the vote moved forward. >> can you explain the timing of the physical today? what was behind it and the fact that the president is turning 79 years old? does that have anything to do with it? >> the president is well aware that his birthday as a matter of public record. we knew we were going to do this, he wanted to commit to do a physical before the end of the year, so this meets that timeline and we work through scheduling availability and requirements in order to do that, because any presidenti al physical typically takes a couple of hours. >> it was a late night for all of us -- he obviously had a very full day yesterday. was there any last-minute decisions of his going in to

she'd rather wait until the cbo score comes. have you spoken to her, and do you have the votes right now for the infrastructure bill? >> we all speak to each other quite regularly. in fact, it's not a chance to say i spoke once or twice. it's a constant conversation among all of us in our caucus. and the fact is we believe it is necessary to pass the bif so that these jobs can come online as soon as possible. we have waited awhile. we had hoped to pass it sooner. but we can't wait too much later for the legislation. i do believe there are a large number of members of the progressive caucus who will vote for the bill. that is my understanding. my own -- mr. clyburn has the official whip count. i have speaker's secret whip count. i don't tell anybody. not even you my dear good friends, but i have a pretty good feeling. >> spoeaker pelosi, do you have -- >> we'll see. >> the inability -- >> anybody else here? >> the -- >> please. >> we've seen there's going to be -- there's going to to be a vote, not going to be a vote, going to be

the white house called the cbo score very good news for democrats, following the release of the cbo analysis, white house officials met with moderate democrats who were eagerly awaiting the cbo score. now, let's take a look at what is happening on the house floor at this moment now that the cbo score is there, now that the house is poised to vote, i think we have a shot of kevin mccarthy up there, and we're just going to randomly dip in here for a few seconds of his excitement and let's see what he might be saying. >> happen to that border when you provide a billion dollars in amnesty. what do you think's going to happen when you reward people with $450,000. where do you get the money, from the hard working taxpayers of america who have less to give, but you know what, they're going to have to give more because you're hiring 87,000 irs agents to come after them. >> okay. we can come back from this because the one place they're going to get the money is on a new tax surcharge on income earners over $10 million, and then an additional income tax surcharge on income earners over $20 million. th

the cbo is not qualified. >> they position themselves for bad cbo score. they are attacking the credibility of the agency. >> there was wide agreement, moderates, liberals, etc. cbo does not have experience, who are taking advantage of any honest taxpayer. >> the cbo director said the plan to beef up the irs to go after those tax cheats would yield a quarter of what the administration was hoping for and he defended the agency. >> something we are very familiar with. a well-established methodology. >> reporter: it is a nonpartisan agency of the scores expected friday. >> the number, the dollar number is far too high it is not going to get through the senate. it is an important point, very important. >> they don't know what they are doing. let's get back to the market. futures suggest there's not much happening. nasdaq up two. not much going on. here is shah gilani. people see something and buy it. the stock market. >> it is great for corporate profits. the month over month retail sales increase is one.7%. year over year, it is 3% higher than it was a year a

updated cbo score on its impact. she has in the past recognize how critical it is for lawmakers to have a cbo score on key legislation that seems her position has flip-flopped today. stuart: they are arguing about the cbo score, however much it is going to cost. it is the moderates who want the cbo score, that worried the moderates more than anyone else. >> they signed on to the letter demanding they need a full cbo score before they can vote yes. that was sent to pelosi days ago. she is aware of the issue and thought the jcp analysis that came out yesterday would be enough to satisfy them but as we reported there are parts of that that are less empty, jcp punted some items in that to be scored by the cbo. that's not a complete scoring. that is where it is important because stuart: am i right in saying that the left count care? they don't care what it costs? >> reporter: no. and they probably -- i think one of their arguments is they wish it cost more. they think this is a big compromise. they wanted $6 trillion. so

the cbo score, the challenge is this. the cbo says they cannot rate the irs provisions here. they cannot give a real number to be gained from stepped up enforcement. best estimate is a footnote in this is about $200 billion. the treasury department said 400 in that gap you find this bill, $200 billion short of blg in the black. that wasn't a problem for house democrats. it may be a problem for senate democrats after all the promises of this bill being fully paid for. that said joe manchin and perhaps sinema may take a knife or an ax to this bill and cut some provisions. for example, the child -- stay-at-home credit -- paid leave why wow. staying up too late. the paid leave portion of the bill costs about $200 million. in f that comes out this bill is back in the black. that's to say much more negotiating to be done on the senate side after this thanksgiving break. >> and kristen welker, how's the white house spunning the outlook now? they have a tough challenge in the senate but noticed congresswoman jayapal with rachel saying we have pre-conferenced this. only thing that joe

the cbo said even with revenue from the irs, it could add $160 billion to the deficit. what's your response? >> well, first of all, it's absolutely ludicrous that republicans would be levying that criticism at us, because don't forget, they passed a $2 trillion tax scam that increased the deficit -- by $2 trillion and put all of the benefits of that towards the top 1%. here, we know that the irs enforcement is going to make this bill completely paid for. the wealthiest and the biggest corporations are going to start paying their fair share. but the investment side is in working people, in poor people, in all americans, not the wealthiest. and i think that is a massive difference. >> congresswoman pramila jayapal, congratulations, and thank you so much for rushing off the floor and coming to talk to us after the build back better bill passes the house today. thank you. good to see you. >> thank you. >> and that wraps up this hour. i'm chris jansing in for stephanie ruhle. i am looking across the studio. jose diaz-balart is standing by. i haven't seen you literally in yea

a full cbo score. they might have tipped their hand some of the savings administration is looking for out of this beefing up irs enforcement won't be as dramatic as the administration has claimed. the administration says over 10 years that is going to save about 400 billion bucks. cbo saying probably closer to 120 billion. no way to know who is exactly right on this but they are the keeper of the numbers. they hope to have out all the numbers later today. stay with us. ♪. i promise - as an independent advisor - to put the financial well-being of you and your family first. i promise to serve, not sell. i promise our relationship will be one of partnership and trust. i am a fiduciary, not just some of the time, but all of the time. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com everyone remembers the moment they heard, “you have cancer.” how their world stopped

it does appear they've put a lot of their chips on the cbo score. so when you ask the question what will republicans do, republicans were against this thing before the cbo score became the principle issue. so no republican is likely to change their mind and vote for the build back better act. now the question will be where do the so-called moderate democrats land. they have argued all along that they need to see the cbo score and the president has affirmed time again and that this bill costs nothing. so i guess if he is reinforced in that position, then perhaps it brings his moderate democrats more eagerly to vote in favor. but you and i know it is not likely to be that clear-cut and it is highly likely that this bill costs significantly more than zero. >> the claim that it cost nothing and also as we heard from the president's top economic adviser that this bill could help fight inflation. i want to play a clip of brian deese from the sunday show from cnn on sunday. >> well, inflation is high right now and it is effecting consumers in their pocket

but it will take days it sounds like to get an actual cbo score. the bill that passed out of the house will get reimagined in the senate any way. so get this $1.2 trillion infrastructure plan that most americans want, that republicans are also willing to vote for and have voted for, get it done. so you could tell people here is the money for the roads, the bridges, the internet, the stuff that we promised you that someone like joe biden who is not caught up in the drama of the moment, could get that done. get that pragmatic thing done and then the build back better agenda. the progressives who have been in a holding pattern trying to get more of a commitm on the broader spending plan, they let it go and ready to vote on infrastructure or have been. it seems to me that this is still going to happen but think in the final hours it is ugly to watch. everyone trying to figure out what is the best order to do it in so they could say they were doing the thing they promised their constituents they were doing to do and it is very hard for biden. >> after t

eagerly awaiting the cbo score. now, let's take a look at what is happening on the house floor at this moment. now that the cbo score is there, not that the house is poised to vote, i think we have a shot at kevin mccarthy out there. and i think we are going to randomly dip in here for a few seconds of his excitement and let's see what he might be saying. >> -- when you have a billion dollars an amnesty. what do you think is going to happen when you reward people with $450,000? where do you get the money? from the hardworking taxpayers of america. who have less to give. but you know what? they are going to have to give more because you're hiring 87,000 irs agents to come after them. we are point to -- >> so we can come back on, this because the one place that they're going to get the money is on a new tax surge charge on income earners over $10 million. and then in addition income tax charge on income earners over $20 million. those are the hardworking americans that kevin mccarthy is out there fighting for tonight.

the cbo score of how much this would add to the deficit moves joe manchin, for instance? >> reporter: it doesn't hurt, right? it only helps in the situation. we specifically for manchin have heard time and time again he is concerned. he's talked about his concern about inflation. he's talked about his concern about growing some of these programs like medicare, when he's worried about shoring them up for the future as they currently stand. so there is still a lot to negotiate. for example, also, this bill coming out of the house has four weeks of paid family leave in it. that is very likely to get stripped out of the bill that goes into the senate. so it remains to be seen exactly what shape this is going to take. and just how long it will take to get there. like i said, there is a lot of procedural hurdles that have to take place because they are using the specific pathway forward that requires only democratic support. so they got to work that out procedurally. they also have to work it out amongst themselves and we are -- >> jessica, hang -- hold on there. we're going to

republicans shouldn't vote with an undated cbo score. essentially, this is what americans get so tired of his people talking about both sides of their mouth, whether it's democrats. she said exactly the opposite when it came to the trump tax bill. >> why are we delaying a cbo score? it's a basic mechanism that is used so american taxpayers know where their money is going. you are essentially telling americans well, we're just going to spend your money on things that we haven't even really decided how much they are going to cost on the bill that already has a price tag of $1.75 trillion. just ten years ago when barack obama passed the bailout for $900 billion, it was a lot of money. so they are moving forward without the cbo score, they are going to live with the consequences of passing something and not knowing what's in it, because people will find out eventually what is in it. in nancy pelosi's words. >> martha: we are just getting all of this as we went to air moments ago, i want to clarify, you made exactly the right to point a momen

even the president is not an expert in cbo scoring standards. and we any what happens with cbo. they take what may be happening over at point a and how it will affect point z. and everything in between. and we don't do that kind of analysis every time. what we try to do is use our best knowledge to project what our taxes will bring in, and what expenditures will go out and sometimes you may miss something in between. and that's why we have cbo to give us their best knowledge and we'll be guided by that. that's exactly why they exist. we would need cbo. >> congressman james clyburn, a busy day, a busy week potentially ahead. thank you for joining us. >> thank you very much for having me. >>> white nationalists on the stand today, defending themselves over the deadly 2017 unite the right rally. we're live in charlottesville next. >>> and the white house considering a diplomatic boycott of the 2022 beijing olympics. what it could mean for the u.s. relationship with china and what it could mean for the games. the ergo smart base from tempur-pedic responds to snoring- automatically.

they wanted a cbo score. the cbo score may not be ready this coming week. they said they were fully supportive in any way in the statement they made. the bottom line is this needs to get done. the president had three parts of his agenda. the american rescue plan, the american jobs plan which is the infrastructure bill, and the american families plan which is the build back better act. we got two down, and one to go. and we still have millions of women who haven't been able to return to work because they don't have child care. we still need to invest in violence reduction as violence continues to plague our communities, and we still need the much-needed investments in public housing and reducing prescription drug costs as well as many other areas. >> congressman, react, if you would, to their demand for a cbo score. what's the problem with that? why not know what the ultimate impact may be on the economy before you sign off on something? do you see this as a delay tactic? >> the white house and the house already supply the offsets which proves that it is pai

you know the cbo score that they all want. "the new york times" reporting guess what? build back better won't cost nothing. yeah, not going to be zero, come on. the white house has begun bracing lawmakers for a disappointing estimate from the budget office likely to find the cost of the overall package will not be fully paid for with new tax revenue for more than the coming decade. but the white house says it's going to push back. >> there has been wide agreement on the part of everyone involved, moderates, liberals, etc., the cbo does not have experience analyzing revenue amounts gained from cracking down on wealthy tax cheats who are taking advantage of every honest taxpayer. >> harris: all right. let's push the go button on the way back machine. jen psaki with a snarky dig at the trump administration over the cbo score quote, watching mulvaney try to walk away from cbo score and explain budget outline is awkward and uncomfortable to watch. power panel matt gorman, former communications director for the national republican congressional committee and leslie marshall

moderates have said there couldn't be a deficit by the cbo and there is one projected by the cbo. do democrats have the chance to pass it tonight, and is there any chance of republican support? >> there's no chance of republican support but democratic leaders are confident they will have the votes when it can does come up tonight. the question is how many moderates will break ranks. a handful, about five or so, had demanded those numbers from the congressional budget office to show that this bill will be fully financed. according to the congressional budget office it comes short. they initially said $367 billion will fall short. now, they included the issue of increased tax enforcement by the irs. if there is increased tax enforcement they say the actual number would be $160 billion added to the deficit over the next ten years. behind the scenes, though, the white house has been trying to shore up support, saying those numbers don't align with what the white house's projection is. the white house says that actually added enforcement by the irs would raise enough to fully pay for t

i noticed in the presentation it was very cbo heavy and that's fine. but if we're going to meet communities, by definition cbos are sparse in low organized communities, that's the very definition. and so if we concentrate heavily on cbos, we're going to miss a whole lot of people and as member pierce spoke of earlier, did we look at the slides, we're already missing a whole bunch of people. and so if we concentrate on the cbos, we're going to compound problem on problem. if we're going to meet people where they are, we might have to do some more creative outreach. include social media outreach. i have more experience with chinese-speaking communities than other communities, other members can speak on that. but for chinese speaking communities, particularly in the south, particularly in the west where i live, a lot of people are on social media. and instead of interacting with cbos, a lot of them are on we chat and other platforms. and so if we're just going to do a bare bones approach to that, to those platforms and concentrate heavily on cbos, you're

they use to love the cbo when we pass the tax cuts and jobs act, they are part of the cbo score than, now they are pouring cold water on whether they come out within the next couple days but keep in mind they lied to us about everything and they are lying to us about the effects of the socialist spending bill they are trying to vote on sometime this week. laura: just so people understand these increases in prices to the average family out there the cost of meat and poultry, basic food items since october of 2020 they imprisoned almost 12%. according to the consumer price and ask the price of beef is climbed further, 20% higher. chicken, 7.5%, pork, 14%, pork is cheap in washington dc. that is easy to find. >> that is right. we've never seen a president's poll numbers tank as badly as president biden's poll numbers. his popularity has gone down so badly and it is because of inflation, because the american people are seeing the effects of the disastrous biden and democrat socialist agenda and what it is doing to hurt every day working families. it is drastic, people feel it, they are hu

sometimes our numbers are larger than the cbo, sometimes they are smaller. we document in great detail how we got those numbers. >> neil: thank you very, very much. it's sort of roiling democrats right now, because the numbers show that this thing is twice as expensive as it's being built. on top of that, also on top of the heat that joe manchin is getting right now, he has a sympathetic former colleague. [shouting] ♪ ♪ this is yours. thanks, dad. -there's more to it. find the perfect present at the one place that has all that you need. ♪ ♪ ♪ ♪ [indistinct] >> joe manchin continuing to get grief, this time outside a parking garage in washington, d.c., following up on a similar protest outside of his home. but he continues as the target is simply because he wants to wait to look at this, not rush for all the spending. the former senator and former vice presidential candidate said that it goes back to a time that maybe we could talk to each other. lots to get into there. senator, very good to have you. what do you think of what your former colleagu

cbo is the big headline on friday if it comes out. this as the white house deputy press secretary on the whole cbo score. roll it and we'll listen. >> there has been wide agreement on the part of everyone involved that cbo does not have experience analyzing revenue amounts gained by cracking down on wealthy tax cheats taking advantage of every honest tax. >> bill: if he is right i don't know what the number is. how will we get around that? >> well good morning to both of you. look, here is the reality. i really think we've made very real strides. we are getting ready to go into thanksgiving week next week. remember a year ago we couldn't be with our families and friend and scared to death. we passed the american recovery plan. got shots in people's arms. gave people support when they were scared. this week we signed the infrastructure bill. we need that bill. democratic and republican presidents have tried for decade to get money to fix our roads and our bridges and yes, the president is going. i'm excited to welcome him back and see

>> the savings, look, i think that -- >> this is why we need the cbo score, because the cbo might be able to dissect through that rather dense language that you just read, which is not in the bill. i'm reading from your language. but here's the thing. mr. chairman, what happens? you don't really specify a floor. you say can't go any higher than this. the secretary is going to set the price. so and then further on page 2,002, the secretary is required to respond in writing to the manufacturer's offer, but then the bill just goes silent. it doesn't talk about what happens if that offer is not accepted. here's section b on page 2,002. response to the counteroffer. after receiving a counteroffer, the factory shall respond in writing to the counteroffer. next page, 2,003, we go to deadline. so what is the back and forth for -- does the manufacturing get to test the secretary's counteroffer, or is that it? that's the last final offer, and that's what goes. >> my understanding, look, i have to be honest with you, if it were up to me, you know, we wouldn't have these limitations, because fra

i noticed in the presentation it was very cbo heavy and that's fine. but if we're going to meet communities, by definition cbos are sparse in low organized communities, that's the very definition. and so if we concentrate heavily on cbos, we're going to miss a whole lot of people and as member pierce spoke of earlier, did we look at the slides, we're already missing a whole bunch of people. and so if we concentrate on the cbos, we're going to compound problem on problem. if we're going to meet people where they are, we might have to do some more creative outreach. include social media outreach. i have more experience with chinese-speaking communities than other communities, other members can speak on that. but for chinese speaking communities, particularly in the south, particularly in the west where i live, a lot of people are on social media. and instead of interacting with cbos, a lot of them are on we chat and other platforms. and so if we're just going to do a bare bones approach to that, to those platforms and concentrate heavily on cbos, you're

out of the cbo are similar to the white house then there's going to be no problem with us we are going to support it. we were getting more today, so a lot of those numbers are rolling the final accounting the full score all interactive will probably not be done by the time they vote on a bill if that happens this week. that moderates have made their concessions on that front on the process front. so far at the numbers seem to be sticking with the white house predictions. as the chairman of the ways and means which has the jurisdiction of a huge chunk of this legislation. because he wanted to be deficit neutral everything paid for we are overcompensating on the revenue side. we went the number to be higher over there in case something goes wrong with the cbo score he is claiming this will not only pay for itself it will reduceef the deficit over the ten year window over which the spending applies right now. >> in the cbo score does come back different from those predictions, so what? an democrats object? does it only matter politically has forest pressure on individual members if they w

the democrats have respected the cbo for years. all of a sudden the cbo doesn't know how to score a bill in the hypocrisy. joe biden called it the gold standard and now they are dismissing it they are saying the cbo doesn't understand what this bill is supposed to do over 10 years. i think they know. and i think there is a lot of moderates progressives. if the cbo is going against the democratic party's bill should tell you something. ainsley: nonpartisan group $376 billion. we are paying so much already for just household items. for gas, your electric bill has gone up. can we afford this? pete: no, as is often said. if democrats wouldn't have standards if they didn't have double standards. and in this case you are scwarktly right. they were for it before they were against it. ainsley: they wouldn't have standards if they didn't have -- i love that. that's good. pete: they get to play by their own rules all the time. lawrence: because they write them. pete: up next, difficulties any crews will require vaccines for passengers as you

actually, the cbo score is necessary for the process in the senate. they have senate rules they have to abide by. and part of those senate rules, they need to know how much this legislation costs. each line item. the senate can't move forward until they have that. and that is part of what leadership is telling these house moderates. look, there will be a cbo score, and ultimately, this bill is going to change in the senate. you're going to have an opportunity to vote on it again with all the information and a complete piece of legislation. but we'll see if that's enough to convince them. >> josh, as we talk about kind of the implications around the cost, i believe we actually just lost josh there. no, we have him back now. we have him back. it's always live television. wavering with the internet. as we talk about the implications of the cost of this thing, i want to play for you how the president kind of tried to urge congress to vote yes when it comes to his build back better agenda. >> passing these bills will say clearly to the american people, we

>> the savings, look, i think that -- >> this is why we need the cbo score, because the cbo might be able to dissect through that rather dense language that you just read, which is not in the bill. i'm reading from your language. but here's the thing. mr. chairman, what happens? you don't really specify a floor. you say can't go any higher than this. the secretary is going to set the price. so and then further on page 2,002, the secretary is required to respond in writing to the manufacturer's offer, but then the bill just goes silent. it doesn't talk about what happens if that offer is not accepted. here's section b on page 2,002. response to the counteroffer. after receiving a counteroffer, the factory shall respond in writing to the counteroffer. next page, 2,003, we go to deadline. so what is the back and forth for -- does the manufacturing get to test the secretary's counteroffer, or is that it? that's the last final offer, and that's what goes. >> my understanding, look, i have to be honest with you, if it were up to me, you know, we wouldn't have these limitations, because fra

the cbo is really about the spend side, the investment side. so those are the titles that have been coming in pretty regularly. those are actually cbo scores which is fine, that's not actually what was required. and i think at this point we have all of the titles in with the exception of ways and means, and what we have seen is that they are absolutely consistent. and, of course, the ways and means side is consistent with the revenue side that jct has already given us. >> just to be clear, you believe you got the votes in the house to send it over to the senate. >> i do, absolutely. and i trust my colleagues' commitment that they would vote for this pending this fiscal information. >> let's talk about the senate side now, because senator manchin has said to our manu raju today that he's not sold yet to voting to begin debate on the legislation. here's what he told manu. >> i just want to see basically the score and what they put out. i haven't seen it. i've seen the text to a certain extent but i just haven't seen the final bill. when the final

cbo usually does. not an abbreviated one. let's see what they have been. we'll see what we'll be voting on. we'll see what comes out by friday. reporter: a bad score could rad he will moderate democrats could persuade them to oppose the package. whatever passes in the house changes in the senate. one senator is truly in charge. >> all roads lead through manchin and legislatively senator manchin is going to be in a position to determine how this story ends if there is not a deal that has widespread democratic support, there is no deal at all. reporter: non-partisan tax policy center nearly 1/3 of all middle class household was pay more taxes under this plan. the president says they would not. the senate may not get to this until after thanksgiving. stuart: chad, let me read between the lines if i may. the moderates are in the house are not happy if they don't get a cbo score, the moderates in the senate are not happy if they don't get a cbo score, reading between the lines, sounds like this bill may not

lisa: cbo estimates are one thing, a balance sheet is something else, and the u.s. balance sheet is looking shaky. they have $369 billion in cash available, the u.s. treasury department has to transfer $118 billion to the highway trust fund by december 15 as per passing this law. how close are we to defaulting? annmarie: janet yellen gave her projections to the congressional leadership. we will get very close potentially to that cliff with the debt ceiling. that is december 15. a few more weeks out from december 3. experts say it could be anywhere between the middle of december two us far out as the middle of february. this is just another litany of issues added to the list that the democrats need to finish with less than two weeks, technically, of working days. it seems like they will have to work overtime in washington and it will come up to the end of the year with a long list of things that have to get done. with this debt ceiling, one month ago we were in the same position and we had the republicans pave a way, mitch mcconnell allowed 11 republicans to help the

obviously it isn't a cbo score, but it was modeled in a way to make it as close to a cbo like score as possible, hoping that would be enough to perhaps check the box that the moderates have made clear they need checked in order to move forward. the president's top negotiators, on capitol hill throughout the morning meeting with these members, meeting with the speaker's team, trying to figure out a path forward, and i think it underscores the urgency after so many blown deadlines that today was supposed to be the day. today could have been the day, and today was the first day the president explicitly said not just pass my domestic agenda but pass it quote right now, and it was in those remarks that you kind of got the sense of the urgency of the moment, those were about the jobs report. 531,000 jobs added, beating analyst exits. 4.6 unemployment, down from 6%. it's a message that the white house wants to get out that the economy is not just inflation, the economy is jobs added. the economy is wages growing, and it's also an economy that would be bolstered, white house officials believe

host: on the cbo score, this headline yesterday afternoon, the white house is bracing for a bad cbo score. bad meaning a score that shows this bill is not paid for. what is your sense of what that would mean in the caucus? guest: i'm not sure it is going to be a bad score. we looked at different pieces of it up until now. it seems to match what the president has said it would cost. i believe it will be covered. it may be a little here or a little there, but i think there is enough support to pass it, even without the republicans. interesting how they vote against things and go home to their district and brag about them, stand therefore the ribbon-cutting and holding a check they brought home even if they were no boats. host: 13 republicans voting for the bill. would you welcome them holding the signs? guest: well, that's a different story, of course. those who are brave enough to step up and those who put their constituents' concerns first are certainly entitled to brag about it. host: let me invite viewers to join the conversation. congresswoman dena titus, the dean of the nevada delegat