The Senate-approved bill would genuinely impact many people’s lives.The bill, passed in a bipartisan 69-30 vote on Tuesday, includes a lot of measures that will help current and future generations: a major expansion of high-speed internet; spending for roads, bridges, and public transit; and funding for clean drinking water. It includes new measures to combat climate change, like money for electric vehicles and modernizing the power grid.
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West Virginia Democratic Senator Joe Manchin is throwing up another roadblock to his party's quest to pass President Joe Biden's $1.75 trillion social and climate package before the Christmas break.
On Monday Manchin refused to commit to Democrat leaders' timeline to push Biden's Build Back Better bill ahead before the end of the year.
Senate Majority Leader Chuck Schumer announced on the Senate floor yesterday that he wants his colleagues to pass the president's agenda before senators head home for the holidays on December 10.
But Manchin told reporters he's concerned about the pricey package's impact on the US economy. He blamed his issues on how the government spending would impact already-record inflation and the uncertainty that the new COVID-19 Omicron variant brings.
'Those are two good people - Manchin and Sinema - and I think we need more of those in the Democratic Party,' Hubbard said, according to The New York Times. Hubbard has given an overwhelming majority of his millions in federal political donations to Republicans.A Sinema spokesman, John LaBombard, said the cash flow from the right side of the aisle has not factored into her legislative approach.
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'The unknown is great right now and it gets greater,' Manchin said according to Bloomberg.
US inflation rates skyrocketed as the economy recovers from the worst effects of the coronavirus pandemic. In October the price of consumer goods went up 6.2 percent from the year before, a 31-year high.
Manchin took a veiled jab at Biden's earlier claims that rampant inflation was merely temporary before later striking a more serious tone about the trouble in America's pocketbook.
Do the two senators who control fate of BBB value “corporations and billionaires" over their own constituents? Kyrsten Sinema and Joe Manchin Photo illustration by Salon/Getty Images
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'Inflation is now more than transitory. We found out it’s not transitory,' the senator said.
'And on top of that, you have this new strain of COVID they’re very much concerned about. No one knows what effect it’s going to have. And you have inflation on top. So all these things give you cause to pause.'
He also complained about the impact inflation has on gas prices in West Virginia, which he said was a main concern of voters he heard from over Thanksgiving.
'I’m really concerned about the high gas prices. I heard an awful lot over the Thanksgiving break that prices were high and people are very much upset about that,' Manchin said.
His concerns about COVID-19's economic impact are shared by Federal Reserve Chair Jerome Powell.
In prepared remarks to be delivered at a Senate Banking Committee hearing today, Powell said the new COVID variant could slow the economy and job hiring.
The moderate Democrat from West Virginia finished the second quarter of 2021 with more than $3.9 million of cash on hand.Manchin's quarterly filing with the Federal Election Commission (FEC) for the period from April 1 to June 30 shows that the senator received net contributions of more than $1.4 million—a significant increase on his fundraising in the previous quarter.
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'Greater concerns about the virus could reduce people's willingness to work in person, which would slow progress in the labor market and intensify supply-chain disruptions,' Powell said.
Biden's $1.75 trillion bill has no GOP support, and with a 50-50 split between Republicans and Democrats in the Senate, Biden needs virtually every lawmaker on board for it to pass.
Manchin, who is one of the moderates responsible for chipping away at the package's initial $3.5 trillion price tag, said on Monday that he's still reviewing the watered-down version passed by the House earlier this month.
He didn't suggest a timeline that he'd approve of but said he's still opposed to a provision establishing paid family leave for all Americans that's in the bill.
But Congress is facing a more immediate deadline to avoid a government shutdown after a temporary funding bill runs out on December 3.
A conservative group is spending nearly $800,000 to blanket West Virginia with ads thanking the conservative Democrat.Democrats in Congress are aiming to send Biden the bill by year end, but that will mean first getting all 50 Democratic senators, including Manchin, on board. Over the coming weeks, Democrats in the Senate are expected to wage intense negotiations to try to strike a balance that keeps the party's most liberal and moderates behind the bill.
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Democrats have urged their colleagues across the aisle to work with them on raising the US debt ceiling to avoid the US running out of cash and defaulting on its debts for the first time in history.
Republicans, however, have so far refused to raise the limit and tried to force Democrats into passing it via a process known as reconciliation, a tactic that would allow them to tie the action to Democrats' spending ahead of the 2022 midterm elections.
Manchin has said he's in favor of raising the debt limit through reconciliation.
However it appears Senate leaders are inching closer to a deal that would avoid a partial shutdown and keep the government funded until mid to late January, Politico first reported.
Lawmakers on both sides of the aisle said there was 'no appetite' for a shutdown.
That bill would require the support of at least 10 Republican senators to pass.
Joe Manchin Helps GOP Shoot Down Joe Biden's Vaccine Mandate for Businesses .
Manchin and his fellow moderate Senator Jon Tester were the only Democrats to vote in favor of the bill, which would in theory block Biden's mandate.The Senate elected to block Biden's COVID-19 vaccine mandate for businesses with over 100 employees by a vote of 52-48, with Manchin and Tester being the only members of the Democratic caucus to vote in favor of the legislation. The bill is virtually certain to never become law, as Democrats are unlikely to take it up in the House. In addition, even if the bill were somehow passed by Congress, Biden could still neutralize it with what would likely be an override-proof veto.