So let's take a look at these items together, first and foremost, $79 billion - yes, that's with a B - it goes to the IRS and it goes to strengthen tax enforcement. Right now, based on the parts that have been revealed, we know that it's chock full of progressive wish lists, items that they really want to see come into fruition. Now to Aishah Hasnie on what's actually in the bill.ĪISHAH HASNIE, FOX NEWS CORRESPONDENT: Well, Charles, there's never really been a bill quite like this in the history of this country.Īnd we still don't really know all of the parts of it. That vote likely fails because the GOP plans a filibuster - Charles. PERGRAM: There's a test vote in the Senate at 5:30 Eastern time to avert a government shutdown and suspend the debt ceiling. To say that it is paid for, it's paid for by putting a debt onto the next generation of Americans. KEVIN MCCARTHY (R-CA): Speaker Pelosi, though, didn't want to talk about the numbers. Those talks continue with President Biden. PERGRAM: There's one estimate that the social spending bill may cost $5 trillion, but the price tag could shrink to court the votes of moderate Democrats like Joe Manchin and Kyrsten Sinema. JOSH GOTTHEIMER (D-NJ): All that this bill does in a bipartisan way, I just don't believe that anyone in any faction of the Democratic Party is going to vote against the president's key legislative priority that's great for the country. Some liberals are also threatening to vote no, but FOX is told at least 10 Republicans will vote in favor of infrastructure. ![]() Democrats Scott Peters voted against the social spending bill in committee over the weekend. That said, this is one of the most difficult situations she's probably ever been in. ![]() Pelosi can only lose three votes on her side.ĭANNY WEISS, FORMER CHIEF OF STAFF TO NANCY PELOSI: You cannot underestimate how difficult that makes your maneuvering ability in leadership. Plus, Thursday is the deadline to avoid a government shutdown. House Speaker Nancy Pelosi expects a vote on both the infrastructure bill and the social spending bill. Thursday will be a colossal day on Capitol Hill. I'm Charles Payne, in for Neil Cavuto, and this is "Your World."Īnd we have got FOX team coverage, Chad Pergram on Capitol Hill on where things stand right now, and Aishah Hasnie on what's actually in that bill.ĬHAD PERGRAM, FOX NEWS CONGRESSIONAL CORRESPONDENT: Good afternoon, Charles. That's when lawmakers are set to address a much larger social spending bill that could top $5 trillion over the next nine years, this as the clock is ticking. Payne attended Minot State College and Central Texas College during his time in the United States Air Force.CHARLES PAYNE, FOX NEWS ANCHOR: The House set to begin debate tonight on that $1.2 trillion bipartisan infrastructure bill, but the vote won't come until later in the week. He published his first book entitled "Be Smart, Act Fast, Get Rich" in May 2007 and in 2019, debuted "Unstoppable Prosperity: Learn the Strategy I’ve Used for Years to Beat the Market." In 1991, he founded Wall Street Strategies, an independent stock market research firm where he serves as chief executive officer and principal analyst. Payne began his career on Wall Street as an analyst at E.F. He has also served as guest host for FNC’s Your World with Neil Cavuto. He also recently helmed a Black History Month special, Making Money with Charles Payne’s: Black History and Achieving the Dream where he welcomed guests to share their personal success stories. As an FNC contributor, Payne appears on a number of programs, including FOX & Friends and America’s Newsroom, to provide financial insights and breaking market news analysis. Over the past years, Payne has hosted several town halls to help educate viewers on the investor revolution and rise of cryptocurrencies. Most recently, Payne contributed to FBN's 2022 Midterm Election panel alongside Maria Bartiromo, Stuart Varney and Larry Kudlow. He joined FOX News Media as a contributor in 2007 and provides financial analysis across FBN and FOX News Channel. Charles Payne is the host of FOX Business Network’s (FBN) Making Money with Charles Payne (weekdays 2-3PM/ET).
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