Democratic Sen. Joe Manchin of West Virginia says he won’t support even half of President Joe Biden’s $3.5 trillion plan for social and environmental spending. Democrats have no votes to spare if they want to enact Biden’s “Build Back Better” agenda.
said Sunday he won’t support even half that amount or the ambitious timetable envisioned for passing it.
With congressional committees working toward the target of Wednesday set by party leaders to have the bill drafted, Manchin made clear his view, in a series of television interviews, that there was “no way” Congress would meet the late September goal from House Speaker Nancy Pelosi, D-Calif., for passage.“I cannot support $3.5 trillion,” Manchin said, citing in particular his opposition to a proposed increase in the corporate tax rate from 21% to 28% and vast new social spending.
Pressed repeatedly about a total he could support, Manchin said, “It’s going to be $1, $1.5 .” He later suggested the range was based on a modest rise in the corporate tax rate to 25%, a figure he believes will keep the U.S. globally competitive. But Vermont Sen. Bernie Sanders, who is developing the budget bill, noted that he and other members of the liberal flank in Congress“I don’t think it’s acceptable to the president, to the American people, or to the overwhelming majority of the people in the Democratic caucus,” Sanders said. He added: “I believe we’re going to all sit down and work together and come up with a $3.5 trillion reconciliation bill which deals with the enormously unmet needs of working families.
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