Fri. Oct 7th, 2022

From today’s Business Insider:

Senate Democrats’ chances to pass President Joe Biden’s Build Back Better economic agenda by Christmas were in renewed jeopardy on Wednesday, reflecting a brewing dispute between Sen. Joe Manchin of West Virginia and the White House about its true price tag. They may attempt to revive a stalled push on voting rights to salvage what’s left of their legislating this year.

NBC News reported Senate Majority Leader Chuck Schumer is planning on punting the $2 trillion social spending and climate package into 2022, and may instead pursue a final push to pass voting rights legislation. His office didn’t immediately respond to a request for comment.

Senate Democratic leaders and the White House appear in a stalemate with Manchin, a key swing vote needed to pass the bill. All 50 Democratic senators must coalesce around the plan to clear it and sidestep fierce Republican opposition.

Manchin is opposed to large swaths of the bill, like a one-year extension of the bulked-up child tax credit. A source familiar with his thinking told Insider that its estimated $1.4 trillion cost over ten years ran up to Manchin’s red-line on new federal spending.

Senate Democrats’ chances to pass President Joe Biden’s Build Back Better economic agenda by Christmas were in renewed jeopardy on Wednesday, reflecting a brewing dispute between Sen. Joe Manchin of West Virginia and the White House about its true price tag. They may attempt to revive a stalled push on voting rights to salvage what’s left of their legislating this year.

NBC News reported Senate Majority Leader Chuck Schumer is planning on punting the $2 trillion social spending and climate package into 2022, and may instead pursue a final push to pass voting rights legislation. His office didn’t immediately respond to a request for comment.

Senate Democratic leaders and the White House appear in a stalemate with Manchin, a key swing vote needed to pass the bill. All 50 Democratic senators must coalesce around the plan to clear it and sidestep fierce Republican opposition.

Manchin is opposed to large swaths of the bill, like a one-year extension of the bulked-up child tax credit. A source familiar with his thinking told Insider that its estimated $1.4 trillion cost over ten years ran up to Manchin’s red-line on new federal spending.

Read the complete story here.

By Editor

mindchangingUSA Voters | Workers | Consumers