What's In, And Out, Of Democrats' Inflation-Fighting Package

The transcript discusses the Senate Democrats' new reconciliation deal aimed at reducing healthcare costs, tackling climate change, and lowering the federal deficit. Senator Joe Manchin, previously a blocker of such bills, now supports the deal. The agreement includes provisions for Medicare to negotiate drug prices, a corporate tax increase, and significant climate change funding. The bill's passage depends on Senate parliamentarian approval and a Senate vote before the August recess. If passed, the House will reconvene to vote, aiming for swift delivery to President Biden.

What is the significance of the 15% minimum corporate tax rate included in the deal?

What steps are being taken to ensure that no new taxes are imposed on families making $400,000 a year or less?