Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(108,026 posts)
Sun Jun 27, 2021, 01:21 PM Jun 2021

Manchin indicated he would cut a Democratic-only infrastructure plan to $2 trillion so it doesn't

grow the national debt

Sen. Joe Manchin said Sunday that he could support a $2 trillion Democratic-only infrastructure plan. It suggests Senate Democrats may have to significantly curtail their ambitions to earn Manchin's vote.

The influential senator pushed back on the $6 trillion price tag for a potential plan drafted by Sen. Bernie Sanders and Senate Democrats. It includes provisions to expand Medicare and expand the child tax credit among others.

But Manchin suggested it could be cut so it can be fully paid for with tax increases and no deficit-spending.

"I want to make sure we pay for it," Manchin said on ABC's "This Week." "I do not want to add more debt on."




https://www.msn.com/en-us/news/politics/joe-manchin-indicated-he-would-cut-a-democratic-only-infrastructure-plan-to-dollar2-trillion-so-it-doesnt-grow-the-national-debt/ar-AALvgFF
26 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Manchin indicated he would cut a Democratic-only infrastructure plan to $2 trillion so it doesn't (Original Post) Yo_Mama_Been_Loggin Jun 2021 OP
Tax the rich Freddie Jun 2021 #1
Exactly! mountain grammy Jun 2021 #17
Tax the rich like Joe Manchin, his net worth is $6 million as of 2021. Trueblue1968 Jun 2021 #24
It seems that something will pass. I'm glad the Dems originally went big knowing there would mucifer Jun 2021 #2
Paid For/Not Paid For WHITT Jun 2021 #3
It would be a total of 7 trillion between the two bills jimfields33 Jun 2021 #8
Manchin seems determined to make himself as much of a P.I.A. as possible while he can. [nt] Nexus2 Jun 2021 #4
My thoughts exactly. madaboutharry Jun 2021 #5
Frankly, sometimes I wish the Democratic Party had as much of a "fall in" spinal reflex as the GOP. Nexus2 Jun 2021 #26
Nothing will pass. kairos12 Jun 2021 #6
Right and the dems should make it a point to say whenever they're in front of any camera Fullduplexxx Jun 2021 #10
Something will pass under reconciliation. Elessar Zappa Jun 2021 #19
LMAO aocommunalpunch Jun 2021 #7
Not Sure About That ProfessorGAC Jun 2021 #9
Adding more debt is rightwing framing. aocommunalpunch Jun 2021 #16
Agreed On That Part ProfessorGAC Jun 2021 #21
We are going to get 2 bills. One on traditional infrastructure and one on human infrastructure . OrlandoDem2 Jun 2021 #11
I would have to agree with Manchin on this doc03 Jun 2021 #12
It's 600 billion a year for ten years. Elessar Zappa Jun 2021 #20
$600 Billion...Hmmm flotsam Jun 2021 #23
we are lucky that we even have Manchin AlexSFCA Jun 2021 #13
6 trillion as starting point maybe Etherealoc1 Jun 2021 #14
Spread over ten years, would be 600 billion a year. GDP is about 21 trillion per year. Midnight Writer Jun 2021 #15
It's entirely viable for a society that is falling apart. aocommunalpunch Jun 2021 #18
Good Point WHITT Jun 2021 #22
It is also modest enough to be paid for by the top 5 % who get the most grantcart Jun 2021 #25

mucifer

(23,549 posts)
2. It seems that something will pass. I'm glad the Dems originally went big knowing there would
Sun Jun 27, 2021, 01:24 PM
Jun 2021

have to be a compromise.

WHITT

(2,868 posts)
3. Paid For/Not Paid For
Sun Jun 27, 2021, 01:27 PM
Jun 2021

The Dem plan is paid for. The Repub plan would add to the federal debt.

Once again, Manchin is living on some other planet.

jimfields33

(15,820 posts)
8. It would be a total of 7 trillion between the two bills
Sun Jun 27, 2021, 02:47 PM
Jun 2021

I don’t think we’ve ever had a bill like that. The rich could pay for it. But it would leave very little left for future bills.

Nexus2

(1,261 posts)
26. Frankly, sometimes I wish the Democratic Party had as much of a "fall in" spinal reflex as the GOP.
Mon Jun 28, 2021, 12:46 PM
Jun 2021

Not quite as homogenous, but quicker to rally together to get something done. But the Ds are generally a much bigger tent. Its bring diversity and numbers but sometimes at the cost of coordination.

Fullduplexxx

(7,864 posts)
10. Right and the dems should make it a point to say whenever they're in front of any camera
Sun Jun 27, 2021, 02:53 PM
Jun 2021

That if the american people want anything done they will need to elect more democrats because the cons are only interesting in blocking any progress

ProfessorGAC

(65,068 posts)
9. Not Sure About That
Sun Jun 27, 2021, 02:47 PM
Jun 2021

He specifically mentions paying for it by raising taxes.
Now, he wouldn't have the stomach to raise taxes enough to cover the $6 trillion. So, he's wanting a lower number.
But, raising taxes is definitely NOT RW framing. For them, taxes should never do anything but go down.

ProfessorGAC

(65,068 posts)
21. Agreed On That Part
Sun Jun 27, 2021, 04:59 PM
Jun 2021

I'm sick of it, too. Particularly since they're egregious violators of their own "policy".
But, as soon as raising taxes is mentioned, it's not right wing framing anymore.
Think about it.
If Manchin had a little more gumption about how much taxes would go up to cover more than $2 trillion, debt wouldn't be an issue.
But, debt becomes an issue because going to 42% on the wealthy, and making the next tier 36% on anything above $360k (an economically well received plan) is beyond his tolerance.
So, spending has to cap at 2 trillion because of debt only caused by an unwillingness to go big & bold on taxes.
I do agree about that debt nonsense being most annoying, but I don't think it applies here.

OrlandoDem2

(2,065 posts)
11. We are going to get 2 bills. One on traditional infrastructure and one on human infrastructure .
Sun Jun 27, 2021, 02:55 PM
Jun 2021

Democrats just make that happen.

doc03

(35,345 posts)
12. I would have to agree with Manchin on this
Sun Jun 27, 2021, 03:32 PM
Jun 2021

6 trillion is way to much and it won't happen. I find it interesting there seems to be no limit on what can be said about Manchin but you make a comment about Bernie or AOC and others you get cancelled.

flotsam

(3,268 posts)
23. $600 Billion...Hmmm
Sun Jun 27, 2021, 08:04 PM
Jun 2021

Didn't the right wingers say they wanted to defund the military? Bingo-it's paid for!

AlexSFCA

(6,139 posts)
13. we are lucky that we even have Manchin
Sun Jun 27, 2021, 03:52 PM
Jun 2021

we were not even supposed to have a dem senator from the reddest state in the nation. Dems should look at Manchin as a formality allowing technical dem majority in the senate. We should look at increasing dem senator counts from swing states. Wisconsin, Ohio, etc. We should be all grateful Manchin is even possible. We would otherwise have 49 dems in the senate and 50 rethugs, don’t you ever forget that. The fact that Manchin votes about 50% with dems is a miracle. Manchin was elected by trump voters; he would not be possible w/o many trumpsters voting for him. Make no mistake if Breyer retires, Manchin will be on our side confirming replacement justice nominated by Biden (a black woman was promised). I bet Manchin understands that reality mote than anyone and his win allowed us to achieve so much already, particularly control of agenda in the senate. It’s not gop that is most effective at sabotaging dems, it’s actually the elected dems who irresponsibly say dumb stuff like defund the police.

Etherealoc1

(256 posts)
14. 6 trillion as starting point maybe
Sun Jun 27, 2021, 04:25 PM
Jun 2021

but there's no way it's going to be even close to that figure.

Trillion is the new billion I know, but
6 Trillion is still a whole heck of alot of money.


Midnight Writer

(21,768 posts)
15. Spread over ten years, would be 600 billion a year. GDP is about 21 trillion per year.
Sun Jun 27, 2021, 04:37 PM
Jun 2021

I think 600 billion a year is a modest investment in our future.

In fact, I think it will increase our value as a nation and pay for itself in the future.

I don't think our current path of decay is a viable option. It is like not fixing the roof of your house while the ceilings are falling in.

WHITT

(2,868 posts)
22. Good Point
Sun Jun 27, 2021, 05:55 PM
Jun 2021

We're so far in the infrastructure hole, because they've been doing nothing but throwing money at the Rich & Corporate, that we have to both make up for past neglect and invest for the future at the same time.

grantcart

(53,061 posts)
25. It is also modest enough to be paid for by the top 5 % who get the most
Mon Jun 28, 2021, 12:16 AM
Jun 2021

Benefit from the infrastructure, which is Manchin's point.

Latest Discussions»General Discussion»Manchin indicated he woul...