Manchin, Schumer agree to vastly pared back version of Build Back Better

[Winco]

They're not building anything, only further wrecking the economy.

20 years from now, kids will ask "Grandpa, what did you do during the Great Biden Depression?"

Made more money than any previous year, under any POTUS.

 

[Carl in Michigan]

Made more money than any previous year, under any POTUS.

You credit Biden for your success?

 

[Winco]

You credit Biden for your success?

Should I be giving the credit to trump?

 

[Papageorgio]

We will have to see what is in it

Inflation is what is in it.

 

[JGalt]

Made more money than any previous year, under any POTUS.

 

[Rogue AI]

Not seeing how this will help. Whatever Manchin was, he's a sellout punk now. Expect this to be his last term.

 

[Carl in Michigan]

Should I be giving the credit to trump?

Absolutely.

Hunter is doing better under a Biden administration too

 

[CrusaderFrank]

Sen. Joe Manchin announced Wednesday that he came to an agreement with Senate Majority Leader Chuck Schumer on a reconciliation bill, after more than a year of negotiations among Democrats.

Manchin, D-W.Va., frustrated Democrats for months, consistently refusing to support party-line legislation that at one point Democrats wanted to cost over $3 trillion. Democrats termed that legislation "Build Back Better," and Manchin shut down negotiations on it late last year.

But with Democrats grasping for a legislative win ahead of the midterms, Schumer, D-N.Y., kept up talks directly with Manchin through the spring and summer. In a lengthy statement, the moderate senator said Wednesday those talks resulted in a deal for a slimmed-down bill that includes tax, climate and prescription drug provisions.

Manchin, Schumer agree to vastly pared back version of Build Back Better

Well ain't that some shit.

It's a criminal waste of money

 

[Papageorgio]

Made more money than any previous year, under any POTUS.

Want a cookie?

 

[odanny]

The tax increases included in the agreement would fall largely on multinational corporations and private equity firms, and would be accompanied by a crackdown on high-earning individuals and businesses that seek to avoid paying the taxes they owe.

Manchin, in Reversal, Agrees to Quick Action on Climate and Tax Plan (Published 2022)

The West Virginia Democrat, a holdout on his party’s domestic agenda, said the package would reduce inflation, a concern he had cited in rejecting it just weeks ago.

www.nytimes.com

Poor, white Republicans, all shriek in unison.....


OH, the Humanity!


Of course, he had to be "bought off" to change course.


One possible clue to Mr. Manchin’s change of heart came in a line of his joint announcement with Mr. Schumer that they had secured a commitment from both Mr. Biden and Speaker Nancy Pelosi of California that Congress would approve a separate measure to address the permitting of energy infrastructure, potentially including natural gas pipelines, before the end of the fiscal year on Sept. 30.

That could ease the way for a project in which Mr. Manchin has taken a personal interest, the Mountain Valley Pipeline, which would transport Appalachian shale gas from West Virginia to Virginia.

Democrats said the Senate could take up the legislation by next week, although a number of parliamentary and procedural hurdles remain. It must adhere to strict budgetary rules since Democrats plan to move it under the arcane budget process known as reconciliation that allows certain fiscal measures to pass with only a simple majority.

 

[Papageorgio]

The tax increases included in the agreement would fall largely on multinational corporations and private equity firms, and would be accompanied by a crackdown on high-earning individuals and businesses that seek to avoid paying the taxes they owe.

Manchin, in Reversal, Agrees to Quick Action on Climate and Tax Plan (Published 2022)

The West Virginia Democrat, a holdout on his party’s domestic agenda, said the package would reduce inflation, a concern he had cited in rejecting it just weeks ago.

www.nytimes.com

Poor, white Republicans, all shriek in unison.....


OH, the Humanity!


Of course, he had to be "bought off" to change course.


One possible clue to Mr. Manchin’s change of heart came in a line of his joint announcement with Mr. Schumer that they had secured a commitment from both Mr. Biden and Speaker Nancy Pelosi of California that Congress would approve a separate measure to address the permitting of energy infrastructure, potentially including natural gas pipelines, before the end of the fiscal year on Sept. 30.

That could ease the way for a project in which Mr. Manchin has taken a personal interest, the Mountain Valley Pipeline, which would transport Appalachian shale gas from West Virginia to Virginia.

Democrats said the Senate could take up the legislation by next week, although a number of parliamentary and procedural hurdles remain. It must adhere to strict budgetary rules since Democrats plan to move it under the arcane budget process known as reconciliation that allows certain fiscal measures to pass with only a simple majority.

This is actually good news for the Republicans as it will increase inflation and create more issues for Democrats down the road. More government spending is an inflation booster, so look for prices to rise and screw the American working class, that will in turn and vote for the GOP in 2024.

 

[B. Kidd]

Be careful what you wish for. Americans don't have the character to endure another Great Depression and food shortages

Also combined with millions of recent illegals!!

 

[B. Kidd]

The tax increases included in the agreement would fall largely on multinational corporations and private equity firms, and would be accompanied by a crackdown on high-earning individuals and businesses that seek to avoid paying the taxes they owe.

Manchin, in Reversal, Agrees to Quick Action on Climate and Tax Plan (Published 2022)

The West Virginia Democrat, a holdout on his party’s domestic agenda, said the package would reduce inflation, a concern he had cited in rejecting it just weeks ago.

www.nytimes.com

Poor, white Republicans, all shriek in unison.....


OH, the Humanity!


Of course, he had to be "bought off" to change course.


One possible clue to Mr. Manchin’s change of heart came in a line of his joint announcement with Mr. Schumer that they had secured a commitment from both Mr. Biden and Speaker Nancy Pelosi of California that Congress would approve a separate measure to address the permitting of energy infrastructure, potentially including natural gas pipelines, before the end of the fiscal year on Sept. 30.

That could ease the way for a project in which Mr. Manchin has taken a personal interest, the Mountain Valley Pipeline, which would transport Appalachian shale gas from West Virginia to Virginia.

Democrats said the Senate could take up the legislation by next week, although a number of parliamentary and procedural hurdles remain. It must adhere to strict budgetary rules since Democrats plan to move it under the arcane budget process known as reconciliation that allows certain fiscal measures to pass with only a simple majority.

Company's will offset this with cutbacks in self-investment and layoffs.

 

[B. Kidd]

So Manchin caved.
He must have been guaranteed a post political multi-million a year job with a lobbying firm in order to keep his houseboat afloat.

 

[odanny]

Company's will offset this with cutbacks in self-investment and layoffs.

Oh please. Do keep carrying their water.

 

[Devils_Advocate]

We will have to see what is in it

Need to pass it first…

Isn’t that how Pelosi operates?

 

[B. Kidd]

Oh please. Do keep carrying their water.

Not carrying water.
It's just what they'll do.
Big Tech already has a hiring freeze.

 

[odanny]

Not carrying water.
It's just what they'll do.
Big Tech already has a hiring freeze.

That has nothing to do with a climate bill.

 

[rightwinger]

Need to pass it first…

Isn’t that how Pelosi operates?

Considering it needs reconciliation between House and Senate….that is accurate

Then we will see the final bill

 

[B. Kidd]

That has nothing to do with a climate bill.

You act like it's a stand alone climate bill.
I can see why because the majority of the bill is!
It taxes coal too! Remember this when you're bustin' up your Swedish wood furniture to burn this winter to stay warm, kumquat!!