the newYou can now listen to Fox News articles!
As Democrats prepare to push the social spending and tax bill through the party-wide budget reconciliation process, one of its main sponsors, Senator Joe Manchin, says he believes Republicans should be just as committed to it as well.
Abram Manchin, DW.Va. , a deal with Senate Majority Leader Chuck Schumer, DNY, on legislation last week, which would spend $433 billion and increase $739 billion in tax revenue, According to the Democrats.
It is unclear whether the bill will pass with the support of all 50 Democrats. But Republicans are standing tall against it, arguing that it amounts to reckless taxation and spending during a recession.
Manchin had a “nice talk” with SINEMA but won’t discuss details about the fate of social spending and tax bills
Blinded by partisanship, Manchin says, they would be on board with the bill if Congress weren’t so polarized.
“The thing I talk to my Republican friends is, they always want to make sure that — we just have to have more energy. Well guess what? We’re going to have a lot,” Manchin told Fox News Digital Thursday. . “We will dig more … we will build more gas lines to take the energy. And we will invest in the future, energy for the future.”
“They always say, OK, we want to pay off the debt.” Well, we’re paying $300 billion for the first time in 25 years,” Manchin added. “And then they say, ‘You know what, we just have to change the permit procedures, so we can do things faster and better in America.’ We do that too.” .
Manchin’s bill is the offspring of more than a year of negotiations over legislation that was originally called “Building Back Better.” Now titled the “Inflation Reduction Act,” it has been drastically cut back from the initial $3 trillion settlement proposals.
The legislation includes provisions on fossil fuel energy, climate and green energy, prescription drugs, the Affordable Care Act and the Tax Code. Manchin’s deal with Schumer also included a promise by top Democrats in Congress to pass oil licensing reform before the end of September.
Meanwhile, Republicans say the bill will completely hit the economy and middle-class families as the United States enters a recession. They cite Joint Commission on Taxation data that shows nearly every income bracket will feel the burden of the new taxes, if indirectly. They say the taxes will disproportionately hurt manufacturers, after Congress passed legislation aimed at boosting semiconductor wafer manufacturing in the United States.
Manchin’s votes align closely with Schumer, belligerent Liberal Democrats, Sanders despite moderate status
“People who work for these companies — and remember that half of that will fall to the manufacturers — will see their wages and benefits reduced by these taxes at a time when they are having real difficulty keeping pace with current inflation,” Senator Rob Portman. R-Ohio, said at a press conference Wednesday
Manchin’s comments come to Republicans because he’s still trying to get all Democrats to legislate it. Senator Kirsten Senema, a Democrat from Arizona, is the bill’s most well-known opponent of the bill.
A spokesperson for Sinema’s office told Fox News Digitial that the senator is waiting for the Bird Bath to finish before it makes a decision on the bill. Bird Bath is when a senator combs through legislation to make sure all of its provisions comply with the Byrd Rule, which governs reconciliation bills. It requires that the elements of the bill be of a financial nature, and not matters of purely policy.
Cinema and Manchin spoke at length to each other on the Senate floor on Thursday.
CLICK HERE FOR FOX NEWS APP
Senator John Tester, a Mont Democrat, remains. He said Thursday that no decision has been made on the bill, and he will also wait until Bird Bath is over.
Schumer announced Thursday that the Senate is expected to hold a procedural vote to begin debate on the reconciliation bill on Saturday afternoon. This likely means that he expects Operation Bird Bath to be finished by then. It also sets a deadline for any hesitant — particularly Sinema — to decide whether to support the legislation.
“I certainly hope, you always hoped that,” Manchin said when asked by Fox News Digital if Democrats would be ready to vote by Saturday. “I always wish for the best, let’s put it this way.”