Bipartisan Infrastructure/3.5T Reconciliation/Gov Funding/Debt Ceiling (1 Viewer)

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    coldseat

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    Thought it would be good to have a place to discuss all the drama on Capitol Hill and whether Democrats will get any of this signed. Given that Republican have abandoned any responsibility of doing anything for the good of country it's on Dems to fund the government and raise the debt ceiling. But as with the reconciliation bill, moderates are opposing this.

    I'm really trying hard to understand why Manchin and Sinema are making the reconciliation bill process so difficult and how they think that benefits them? As far as I can see, all it's doing is raising the ire of the majority of democrats towards them. It's been well known for a long time now that both the Infrastructure bill and reconciliation bill were tied together. They worked so hard to get and "Bipartisan" Infrastructure bill together (because it was oh so important to them to work together) and passed in the Senate, but now want to slow drag and bulk on the reconciliation bill (by not being able to negotiate with members of their own party)? There by, Putting both bills passage at risk and tanking both the Biden agenda and any hope of winning Congress in 2022? Make it make sense!

    I suspect they'll get it done in the end because the implication of failure are really bad. But why make it so dysfunctional?

    The drama and diplomacy are set to intensify over the next 24 hours, as House Speaker Nancy Pelosi (D-Calif.) scrambles to keep her fractious, narrow majority intact and send the first of two major economic initiatives to Biden’s desk. In a sign of the stakes, the president even canceled a planned Wednesday trip to Chicago so that he could stay in Washington and attempt to spare his agenda from collapse.
    Democrats generally support the infrastructure package, which proposes major new investments in the country’s aging roads, bridges, pipes, ports and Internet connections. But the bill has become a critical political bargaining chip for liberal-leaning lawmakers, who have threatened to scuttle it to preserve the breadth of a second, roughly $3.5 trillion economic package.
    What is in and out of the bipartisan infrastructure bill?
    That latter proposal aims to expand Medicare, invest new sums to combat climate change, offer free prekindergarten and community college to all students and extend new aid to low-income families — all financed through taxes increases on wealthy Americans and corporations. Liberals fear it is likely to be slashed in scope dramatically by moderates, including Sens. Kyrsten Sinema (D-Ariz.) and Joe Manchin III (D-W.Va.), unless they hold up the infrastructure package the duo helped negotiate — leading to the stalemate that plagues the party on the eve of the House vote.

     

    In exchange for raising the debt limit by $1.5 trillion into 2024, the bill would roll back overall federal spending and:

    — Claw back unspent COVID-19 funds.

    — Impose tougher work requirements for recipients of food stamps and other government aid.

    — Halt Biden’s plans to forgive up to $20,000 in student loans and

    — End many of the landmark renewable energy tax breaks Biden signed into law last year. It would tack on a sweeping Republican bill to boost oil, gas and coal production.
    If Democrats cave for this, those Republicans would come back next year demanding three times that. Probably demanding 2 trillion in tax breaks for the rich people as well.

    Better to let them shut down the government and let it be seen by voters as being their fault.
     

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