27 July 2022

I’m Sure That Lucy Will Hold the Football This Time

We now have news that Joe Manchin will be supporting the latest tax and climate bill.

Do you believe that Manchin can be taken at his word?  I don't.

Either Sinema will object to something, most likely the limits on the carried interest loophole, or he'll pull out because AOC tweets something vaguely mean about him.

His public brand is sabotaging the Democratic Party agenda and claiming that it is somehow bipartisan.  (His private brand is corruption, but that is another story)

Senator Joe Manchin, the West Virginia Democrat infamous for thwarting his own party’s most ambitious policy goals, announced he has signed on to a domestic policy bill that would pay down the national debt, lower healthcare costs and address the climate crisis.

After reaching a deal with the Senate majority leader, Chuck Schumer, Manchin said the new policy package was called the Inflation Reduction Act of 2022 and included “realistic energy and climate policy”.

The development comes almost two weeks after Manchin had appeared essentially to kill off flagship climate action legislation when he came out against raising taxes on wealthy Americans and refused to support more funding for climate action.


After Manchin indicated that he would support a narrower package that excludes climate policies, the new agreement came suddenly.

Joe Biden said he supported the compromise. “I want to thank Senator Schumer and Senator Manchin for the extraordinary effort that it took to reach this result,” he said.

I will be very surprise if this does not all fall apart before September.


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