Manchin says his spending limit is $1.5 trillion
Source: The Hill
Centrist Sen. Joe Manchin (D-W.Va.) announced on Thursday that his top-line spending number for the budget reconciliation package is $1.5 trillion, far below the $3.5 trillion spending goal set by the budget resolution that he and every other Senate Democrat voted for last month.
Manchin confirmed that he signed a memorandum of understanding with Senate Majority Leader Charles Schumer (D-N.Y.) at the end of July setting $1.5 trillion as his spending limit for President Bidens Build Back Better agenda and explained he did so as a precondition for voting for the Senate budget resolution in August.
Read more: https://thehill.com/homenews/senate/574715-manchin-says-his-spending-limit-is-15-trillion
Not mentioned in the article, but was mentioned at his presser was that he won't support any legislation that does not include the Hyde Amendment language.
Eliot Rosewater
(31,112 posts)I dont know how to talk HONESTLY about him and not bash him at this point.
FalloutShelter
(11,866 posts)to the extent of 1.5 trillion... three years... four... . then in 2024 run on your accomplishments and deliverables and let the voters decide if they want more of the same.
Stop focusing on the size and begin to figure the time limitation out.
Demsrule86
(68,576 posts)FalloutShelter
(11,866 posts)qazplm135
(7,447 posts)All he wants to do is revert the Trump tax cuts and... that's it. He's full on deficit hawking it.
Which ain't compromise.
Fiendish Thingy
(15,611 posts)I think they could fund it up to five years, especially if they put in some mild form of means testing.
Hopefully Schumer and Sanders have thought about this
TiberiusB
(487 posts)Reconciliation requires budgeting the cost out over a 10 year window, which, naturally, is pounced upon by the GOP and the press to scream about deficits.
andym
(5,443 posts)and it still comes out near $1.5T over the whoel period since it is 0 for the last 5 years?
Then it would need to be renewed after the 4 years.
honest.abe
(8,678 posts)We can always add to this at a later opportunity if things go well.
JohnSJ
(92,190 posts)monkeyman1
(5,109 posts)dsc
(52,162 posts)apparently he gave his number, back in July. I say then we fund the number of years that 1.5 trillion will do. My guess is at least 3 meaning that 2024 we get to run on do you want this stuff or not.
FBaggins
(26,737 posts)We've known since January that anything significant would have to pass through reconciliation and that there was at least one senator on the fringe of the party who was most likely to balk at the most progressive policies (I confess that Sinema was a surprise to me, but we all knew about Manchin). The obvious question is "how could we (in general... Sanders in particular) even think of drafting a plan that didn't have Manchin significantly on board?
The $32,000 question is how did Sanders think that he could get away with lying about an "agreement" with Manchin if he knew that the only reason he got to right the bill in the first place was because Manchin had a signed deal with Schumer?
I say then we fund the number of years that 1.5 trillion will do.
The deal included more than just the topline figure.
True Blue American
(17,984 posts)Was having a long conversation on the Senate floor, then another woman walked up, joined them,.Sinema talked with both of them, then took off. She is hard to miss in her sun dress in October.
berni_mccoy
(23,018 posts)What he put on paper in July. He spent a Saturday in September at McConnells home town. Wonder what he was doing there.
This top line number was denied by Manchin less than a week ago and he said the language of the bill is to social (istic)
dsc
(52,162 posts)the fact is, after reading the document, his demands seem to be entirely consistent (baring the late demand of the Hyde Amendment)
berni_mccoy
(23,018 posts)Instead hes been giving weasel words in response to direct questions and the revelation of which would have facilitated progress.
dsc
(52,162 posts)but what he set down in July, is consistent with what he has said publicly (though he hasn't said everything publicly).
FBaggins
(26,737 posts)The deal included a lack of debate on the topic before this point and was made to allow the Senate committees to being work on a reconciliation bill. Would it have been appropriate for him to publicly argue based on this agreement? Schumer obviously didn't want it made public. Manchin should respect that until it got to the point that people were claiming that he wasn't telling anyone what his real position was.
berni_mccoy
(23,018 posts)He trashed it as being too socialistic. He has no intention of supporting what he wrote on that worthless piece of paper.
It doesnt make sense to you because youre ignoring what Manchin is saying publically.
FBaggins
(26,737 posts)He's been saying that in public all the way back to the start of the year. Not just reconciliation. He says that he won't vote for any bill that violates it.
OnDoutside
(19,956 posts)It takes time and money to do that
rurallib
(62,415 posts)Electing Dems to keep the works project going for another 6 years in 2024 would be a great campaign
Hoyt
(54,770 posts)Miguelito Loveless
(4,465 posts)Change the bill's time scale to 2025 and then chuck his ass and Sinema's out. We'll most probably lose WV, but it is pretty much lost now. We have a shot at keeping AZ.
FBaggins
(26,737 posts)Raven123
(4,842 posts)Raven123
(4,842 posts)IronLionZion
(45,442 posts)and they would appreciate some infrastructure
Autumn
(45,084 posts)ZERO.
IronLionZion
(45,442 posts)so that important stuff wouldn't get held up by these 2 selfish divas
Autumn
(45,084 posts)that does not inspire people to get out and vote. Especially where the pukes have made voting difficult.
They are worse than selfish divas, they don't give a shit if the pukes gain control again.
monkeyman1
(5,109 posts)Deminpenn
(15,286 posts)WVa residents.
IronLionZion
(45,442 posts)Deminpenn
(15,286 posts)The 3.5T infrastructure plan.
IronLionZion
(45,442 posts)I believe the benefits they get from infrastructure would far outweigh any losses from inflation.
Deminpenn
(15,286 posts)Once the supply chain stabilizes and pent up demand subsides, it will resolve. Inflation is not being caused by too much money in circulation from federal spending or Federal Reserve actions.
Further, iirc, all federal benefits come with COLAs, so those receiving them will get a raise in Jan 2022.
FarPoint
(12,368 posts)I hate him....
budkin
(6,703 posts)It's just a number.
It was far more than just a number.
And it was in writing two months ago with his signature and Schumer's.
budkin
(6,703 posts)I'm not defending Manchin I'm saying his "1.5" trillion has NO SPECIFICS.
FBaggins
(26,737 posts)That's hardly surprising.
But it was far more than just "anything that doesn't cost more than 'X'"
People have been complaining for several days now that he won't even give them a dollar figure... when he did far more than that. They just don't like what he gave them.
lagomorph777
(30,613 posts)He could take a hefty cut from that.
Ka-Dinh Oy
(11,686 posts)I think Manchin is vile. So is Sinema. I finally said it.
OnDoutside
(19,956 posts)So far.
SWBTATTReg
(22,124 posts)dollars regardless of spending directives/guidelines provided by the Feds (one state spending the money on prisons instead) should have the money deducted for that state and instead, given to other states. Thus, instead of the original $4 Billion price tag, we can get by w/ less money that we know will go to deserving states that will reinsert the money into their more prosperous economies, that have a higher velocity for money in their states' economies, thus the money will go further.
Deminpenn
(15,286 posts)so no votes on either bill.
Watch how fast Manchin and Sinema backtrack.
Calista241
(5,586 posts)If one of them calls him on it, then his admin is effectively over, except for what judges we can nominate and approve in the next 14 months.
Deminpenn
(15,286 posts)You know what the drumbeat in the media will be if the 3.5T bill isn't the one that's passed.
Calista241
(5,586 posts)ForgoTheConsequence
(4,868 posts)She doesn't have the backs of the working poor.
Steelrolled
(2,022 posts)Biden needs to just keep working to get the best deal he can.
Deminpenn
(15,286 posts)That breaks down ton 350B/yr. Compare to the DoD budget which is 700B/yr.
Also compare 350B to the US yearly GDP that is well over 20T.
kirby
(4,441 posts)Democratic messaging sucks! We never learn.
So how many of us on DU are centrist/moderate democrats and how many are progressive. I say lets start with the 1.5 trillion, but pay for it over 3-4 years. Cant this be applied now and if there needs to be additions, we add later....the fucking roads and bridges have been collapsing for years now, and this is one of if not the first major bill, except for the Obama shovel ready bill during the 2007-08 market collapse. We need to act on these collapsing infrastructure NOW, not in the next session, when we may lose the Senate, or in 24. Lets get a deal now.
wiggs
(7,813 posts)and sets limits based on some sort of tolerance of the total amount....WITHOUT consideration of what the NEEDS are.
Goverment should decide FIRST what the needs are then find a way to fund them...rather than figuring out how much you're willing to spend then trim the needs to fit. Backwards.
BlueIdaho
(13,582 posts)Pull a number out of his ass and try to justify it later. He needs to forfeit all committee assignments and be given a broom closet for an office. Same goes for Sinema. Put them both on an ice flow and let the ocean finish them off.
ColinC
(8,293 posts)And then pass further funding when you have the votes. Works for me if it works for him. But somehow I still think like Manchema is gonna change their minds quicker than a fly to poop.
rickyhall
(4,889 posts)Jon King
(1,910 posts)Our political system is so far from a democracy it is pathetic.
Drum
(9,161 posts)I sayyyyy fuck Manchin
RussBLib
(9,008 posts)Take it, pass it, hopefully get it thru the Senate, then campaign on what goodies are still in there.