In part two of a Cheddar News interview, Sen. Cory Booker gives his take on front-burner issues such as SCOTUS term limits and now the Inflation Reduction Act, which he says “is going to be one of the most historic bills in American history. It'll cut our climate emissions 40% by 2030. It's going to give Americans a big break on their prescription drug costs, which is way overdue.” The New Jersey Democrat also said the measure will cut into inflation “by making a lot of big businesses just pay their fair share” of taxes.

Closing Bell

Sen. Cory Booker Bullish on ‘Historic’ Inflation Reduction Act

closing bell and Cheddar news everyone U. S. Senator Cory Booker joining Cheddar news to make an impassioned plea for cannabis legalization at the federal level but also giving his take on other legislation on the docket including a big investment for climate change and term limits for Supreme Court justices. Here's part two of our interview with the New Jersey senator, your colleague Senate Majority leader chuck schumer has struck a deal on a reconciliation bill that Senator joe Manchin seems to be on board with what your thoughts on the inflation reduction act and what it does and does not accomplish. My thoughts are going to be one of the most historic bills in american history. It'll cut our climate emissions 40% by 2030. It's gonna give Americans a big break on their prescription drug costs which is way overdue. We know we should have been allowing medical care to negotiate prices now they will it will drive down costs, it's going to drive down energy costs for Americans saving them money. And even economists who criticize passed bills that we've done in the Democratic Party have shifted their tune on this one and say it will cut inflation. Um It actually will by making a lot of big businesses just pay their fair share. We shouldn't have a nation where a reporter who is working on cheddar pays more in taxes than the entire Nike corporation And so we're we're making sure that there's a minimum 15% tax which means that people won't be able to escape paying anything for in a country where they get so much benefit from our public education systems or public highways and more. So this is a bill that it cuts, inflation, cuts costs in energy and prescription drugs for american citizens. It takes real action on climate and our climate goals. It's a historic bill and we all should be very excited about its prospects right now to pass now. I want to bring it back to another point that you mentioned earlier, roe versus wade in the Supreme Court, you've introduced in the Senate a term limits bill for Supreme Court justices in the aftermath of the overturning of roe versus wade. This is a pretty controversial issue. Why do you think it is the right path forward for preserving democracy in the US? Well, I'm gonna tell you, I'm a guy that's come down to the United States Senate and works a lot across the aisles. Some of my biggest bills are in fact signed by donald trump things like the criminal justice reform bill or the opportunity zone bill has brought billions of dollars into communities and and the idea of term limits is a bipartisan idea. Some of the most conservative think tanks have been proposing this for years and years and years. And so it's one of these ideas that its time has come giving term limits, will depoliticize the court and give it a lot more legitimacy. And instead of having a situation where it's sort of like dependent upon who dies or how long they can hang on, this is a bill that would give every single president with these 18 year terms one nominee. So if you win the presidency you get to put one person on the court Sen. Thank you so much for your time and for joining us today, I just want to make one more one more point. I'm sorry. It's actually not that controversial in terms of the support that the bill has over 60% of Americans support the bill as well for term limits. Okay, our thanks. There's a U. S. Senator Cory Booker and of course our own Chloe I yellow.