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Polybius

(15,428 posts)
Wed Dec 8, 2021, 12:17 AM Dec 2021

Sen. Joe Manchin Holds Back Support for Social-Spending Bill [View all]

Source: The Wall Street Journal

West Virginia Democrat says at WSJ’s CEO Council Summit that he is wary of the government putting more money into the economy

WASHINGTON— Sen. Joe Manchin declined to commit to voting for Democrats’ roughly $2 trillion social-policy and climate package, citing concerns about inflation and the length of programs, weeks before the Christmas deadline party leaders are racing to meet.

Mr. Manchin, a West Virginia Democrat, made the remarks during The Wall Street Journal’s CEO Council Summit at a pivotal moment for Democrats in Washington—and one where he has been a key figure. Because Senate Democrats are using a special budget maneuver to pass their education, healthcare and climate package without any GOP support, they can’t lose a single senator from their own party.

Mr. Manchin has supported the other two pillars of President Biden’s agenda this year. But the senator, who represents a state former President Donald Trump won by 40 points in 2020, continues to express concern about the bill’s impact on inflation and the deficit.

“The unknown we’re facing today is much greater than the need that people believe in this aspirational bill that we’re looking at,” Mr. Manchin said Tuesday. “We’ve gotta make sure we get this right. We just can’t continue to flood the market, as we’ve done.”

Read more: https://www.wsj.com/articles/manchin-holds-back-support-for-social-spending-bill-11638919554

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