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Post Politics Now Ahead of weekend debate, Schumer says economic package a ‘very, very, very big deal’

Senate Majority Leader Chuck Schumer of N.Y., speaks during a news conference Friday, Aug. 5, 2022, at the Capitol in Washington. (AP Photo/Mariam Zuhaib)

Today, ahead of this weekend’s planned debate on a major health-care, climate and deficit-reduction package, Senate Majority Leader Charles E. Schumer (D-N.Y.) called the legislation a “very, very, very big deal” and said he believes all 50 members of the Democratic conference will support it. His comments came a day after striking an agreement with Sen. Kyrsten Sinema (D-Ariz.) that alters some tax provisions in the bill. Senators are expected to entertain a slew of amendments starting Saturday. Schumer would not predict when the Senate might pass the bill and send it to the House for consideration.

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Meanwhile, President Biden touted a jobs report Friday showing employers adding 528,000 jobs in July, far more than expected. Later Friday, Biden, who continues to recover from a rebound case of the coronavirus, signed two bipartisan bills that target those who commit fraud in pandemic-era small-business relief programs. He spoke from an outdoor balcony at the White House.

Your daily dashboard

  • Noon Eastern time: Schumer held a news conference on the Inflation Reduction Act. Watch here.
  • 1 p.m. Eastern: Biden signed bills targeting fraud under coronavirus small-business relief programs. Watch here.
  • 2 p.m. Eastern: White House press secretary Karine Jean-Pierre brief reporters. Watch live here.
  • 3 p.m. Eastern: Vice President Harris meets with Latina state legislators about reproductive rights. Watch live here.
  • 8 p.m. Eastern: Former president Donald Trump holds a rally in Waukesha, Wis., ahead of Wisconsin’s primaries on Tuesday. Watch live here.

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