Wednesday, October 20, 2021

Manchin Indicates $1.5 Trillion Is the Farthest He’ll Go to Reconciliation

Since the early stages of the Democratic reconciliation bill, all eyes have been on Sen. Joe Manchin (DW.Va.), a key swing vote that can make or break Democratic plans. Manchin rejected the bill’s $3.5 trillion price tag, but the self-described “conservative Democrat” has since remained silent on what price tag he would support. On Thursday, Munchkin finally indicated his top worth: $1.5 trillion.

In an opinion article for the Wall Street Journal, Manchin indicated that he was not unilaterally rejecting the bill outright, but called for “more clarity about why Congress ignores the serious implications and current There is debt on government programs.”

Manchin wrote: “The strange belief of some in Congress that there is an infinite supply of money to deal with any current or future crisis, and that spending trillions upon trillions will have no negative consequences for the future. I disagree. “

He criticized the reckless spending of his allies, saying it was creating a new “inflation tax” on all Americans.

They also discussed serious concerns about the national debt, which has risen to more than $28 trillion. Manchin says now is not the right time for a resolution after the government has already spent “more than $5 trillion to respond to the coronavirus pandemic.”

He criticized his colleagues’ non-existence towards this record-spending: “Now Democratic congressional leaders propose passing the largest single spending bill in history without regard to rising inflation, crippling debt or the inevitability of future crises. Ignoring the fiscal consequences of our policy choices will create a disastrous future for the next generation of Americans.”

Other moderates, such as Sans Kirsten Cinemas (D-Ariz.) and Mark Warner (D-Va.), have also expressed hesitation or outright opposition to the bill.

A spokesperson for Cinema, who has said little about the bill since its introduction, said, “Kirsten will not support the $3.5 trillion reconciliation bill.”

Warner, who is leading the Moderates in talks with the president, also said the Moderates had “expectations” that they implied were not fulfilled.

After a meeting with the president and other moderates, Munchkin indicated that he was optimistic about the direction of the bill, saying that “the president is deeply committed to the work and we are working with him to try to find a Committed to working together. The way forward.”

Munchkin also pointed out that Biden had asked moderates to “give up” [him] a number.”

Manchin Rejects Over $1.5 Trillion in Reconciliation

After weeks of no indication what kind of bill he would support, Munchkin has finally revealed his personal expectations about what price tag he wants.

Read Also:  Munchkin says Dems should use reconciliation to raise debt limit, counter Biden

Munchkin discussed a conversation between him and Senate Majority Leader Chuck Schumer (D.N.Y.) in which Munchkin asked for a maximum cost of $1.5 trillion. Speaking to reporters, Munchkin said, “$1.5 trillion was always carried from my heart.” He said he thinks the figure is the highest the government can do without “threatening”.[ing] our economy.”

Manchin said he is willing to work with leadership to negotiate “our priorities” at the $1.5 trillion price point. He said that if Democrats want to do more “they can walk on the rest of it later,” adding that “there are many ways to get where they want, not just [by] Doing everything at once. “

This is sure to be unacceptable to progressives, who feel they have already compromised by reducing Sen. Bernie Sanders’ (I-VT) original $6 trillion budget to $3.5 trillion.

Sanders has said this for a long time. After a meeting on the bill, the senator complained that “the top line has come down. It started with $6 trillion.” Still, Sanders did not outright reject a smaller bill, as talks between moderates and progressives continued.

On Tuesday, just two days before the scheduled vote on a hastily drafted reconciliation bill, Sanders came out publicly against any bill worth less than $3.5 trillion.

Feather Twitter, Sanders wrote: “No infrastructure bill should pass without a $3.5 trillion reconciliation bill. This is the agreement that was made and this is the agreement that must be kept. Physical infrastructure is important, but functioning The needs of families and combating climate change are more important.”

Progressives have expressed plans to do so since early August, having long said they would not support the infrastructure bill without first passing a substantial budget bill. Sanders’ tweet emphasizes the progressives’ commitment to that threat.

But Munchkin seemed unfazed by this threat from the Progressives. “I have never been liberal in any way, shape or form,” he said. If progressives want a bigger reconciliation bill, he quipped, “elect more liberals.”

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Joseph Lord is a congressional reporter for The Epoch Times focusing on Democrats. He earned a Bachelor of Arts degree in philosophy from Clemson University and was a scholar on the Lyceum program.

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This News Originally From – The Epoch Times

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