Biden administration’s $3.5 trillion infrastructure package took another step toward reality this week. However, there are many elected officials who still oppose parts of the ambitious bill.
And while most Democrat leaders support it, some have questioned the legislation from the beginning. This includes Sen. Joe Manchin (D-W.Va), who has frequently opposed Biden.
Now, he’s standing against the President again — and this time, he could block major portions of Biden’s plan.
Manchin did vote “yes” to move the budget reconciliation forward, because he believes “it’s important to discuss the fiscal policy future of this country.”
But that doesn’t mean he’s 100 percent behind the proposal.
In fact, there are many things he doesn’t like, and he’s not staying quiet about his misgivings. Instead, like many other D.C. politicos, he’s making his concerns very clear.
Manchin joins fellow moderate Democrat Kyrsten Sinema (D-AZ) in pushing back against the bill, which they think is simply too expensive. At $3.5T, it does raise many questions.
And Manchin wants those questions answered, or he’ll move to block. Via Fox News:
Sen. Joe Manchin on Wednesday morning said he has ‘serious concerns’ about his party’s massive $3.5 trillion spending plan, signaling that he may intend to block much of the package supported by President Biden over inflation and debt concerns.
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Manchin isn’t the only one opposed to big parts of the legislation, which means that the final bill might have to be trimmed down before it passes. And it might have to be trimmed a lot.
However, liberal and progressive lawmakers won’t want to trim. And that could lead to another roadblock.
To compound the problem, Democrat leaders like House Speaker Nancy Pelosi (D-CA) and Rep. Alexandria Ocasio-Cortez (D-NY) have said they won’t vote for an infrastructure bill until they get a reconciliation bill they like.
For his part, Manchin has been quite vocal about his concerns:
Over the past year, Congress has injected more than $5 trillion of stimulus into the American economy – more than any time since World War II – to respond to the pandemic.
The challenge we now face is different: millions of jobs remain unfilled across the country and rising inflation rates are now an unavoidable tax on the wages and income of every American.
These are not indications of an economy that requires trillions in additional spending.
Many Americans seem to agree with Manchin’s reasoning.
Given the fact that we’re not clear of the pandemic, and we already spent trillions in 2020, it doesn’t seem like a great idea to spend several more trillion.
Republican leaders have warned against the future fallout of all this spending, and Democrats like Manchin have expressed concern as well.
In his statement, he said the current infrastructure bill adds trillions to the national debt “without any consideration of the negative effects on our children and grandchildren.”
Many economists are concerned the legislation would cause the economy to “overheat.”
And if that happens, Joe Biden might be held responsible for a disastrous economic fallout — and one that could’ve been avoided had he not tried to push an unnecessarily costly bill.