Manchin says he has health, energy, tax deal with Schumer

The Associated Press ^ | July 27, 2022 | By ALAN FRAM

[seowulf]

10% goes to the Big Guy

[freedomispriceless]

All Manchin’s comments are based on today’s agreement. So either the Dems actually pass the Manchin compromise or stuff it full of pork and amendments. What is more likely?

[KingofZion]

This is unfortunate but after all, there is a reason he is still a ‘rat.

Is anyone else annoyed with the Inflation Reduction Act tag? Because if anything this will have the opposite effect on inflation by raising the cost of energy, business taxes etc.

Putting aside the Fed, the best thing Congress could do to tame Inflation would be to reduce federal spending and transfer payments.

[Bratch]

Cunning Senator Manchin Tricks West Virginia Voters, Senator Stalls $500 Billion Green New Deal Energy Legislation, Democrats Demand Removal from Chair of Energy Committee

July 15, 2022 | Sundance | 208 Comments

Joe Manchin didn’t completely torpedo the $500 billion in Green New Deal climate change spending, but he did stall it for a month saying he would not support the climate change spending until he sees July’s inflation numbers in August, which should be a warning.

If you think carefully about it, it’s a classic Manchin head-fake.  The July and August inflation numbers, to be released in August and September respectively, are almost guaranteed to be lower than June.

July/Aug are the two months we are in right now where inflation is hitting a plateau.  Gasoline prices are dropping due to a drop in demand. This is the period before prices start rising again in September and October when the energy farming costs start to roll out with the next harvest.

Senator Manchin isn’t stupid; in fact, he is quite Machiavellian, he knows this… thus, his position.

Manchin can give the illusion of prudence, but he knows the July inflation rate will show a decrease for two reasons.

First, in the month-to-month comparison, July will not carry the same scale of gasoline and energy increases as June.  Second, in the year-over-year comparison, July ’22 will be comparing to July 2021 when prices already started skyrocketing.  Bottom line, July inflation will give the illusion of dropping, which gives Manchin a shield to support the spending…. and he will.

WASHINGTON DC – Joe Manchin is forcing Democrats into a brutal choice: Take a deal now to lower the costs of health care premiums and prescription drugs, or try to negotiate a larger bill in September that includes climate and tax reform with no guarantee it will pass.

The West Virginia Democrat said Friday that he wants to see another month of inflation numbers before considering legislation that might increase taxes on some higher-income Americans and plow hundreds of billions of dollars into the energy sector. On Thursday Manchin “unequivocally” rejected July or August approval of Democrats’ proposed energy investments and tax increases in a meeting with Senate Majority Leader Chuck Schumer, according to a person briefed on the meeting.

[…] Democrats are reeling after Manchin’s communication to Schumer indicated that climate change and tax provisions are unworkable for any party-line bill considered this summer. Fury is building within the party, with Sen. Martin Heinrich (D-N.M.) questioning whether Manchin should continue to chair the Senate’s Energy committee.

[…] Manchin had sought to shave down an energy package originally set at more than $500 billion to $300 billion or less. He balked privately at sending money to the EV industry and the Direct Payment program. (Read More)

While you won’t see a single MSM analyst, financial pundit or mainstream political commentator point out what Manchin is doing, his strategy is cunning.

Right now, conservatives are calling Manchin a hero for blocking the GND spending while progressives attack him.  This gives the impression that he is a centrist, above the fray, and wise in his outlooks toward the economy and budgeting.   However, it’s a ruse.  Joe Manchin knows, just like you do, that the next inflation report will be much lower.  He is positioning to support the climate change spending in September.

Watch.

Bookmark this.

The scheming strategery of Joe Manchin is as predictable as the scheming strategery of Mitch McConnell.

The two wings of the UniParty duck seem still on the surface.  This type of ploy is exactly how DC is able to operate, paddling forward furiously, just below the surface; and almost no one can see what is happening.

Once you see the strings on the political marionettes, you can never return to that moment in the performance when you did not see them.  However, because too few people see them, almost everyone congregates in the lobby during the mid-term intermission asking,

"hey, when did Texas become dependent on windmills?"

[Zhang Fei]

[Someone obviously deposited a dead fish on the doorstep of his boathouse.]

---

Manchin is a far-left scumbag in a state Trump won by 40 points. His victory in 2018 was by 3 points. If he was a conservative or even a moderate, he would have switched parties by now. The prick makes Susan Collins look like Barry Goldwater.

The American Conservative Union has conservative ratings for every Congresscritter. Manchin’s lifetime conservative rating is 27% in a deep red state, whereas Collins’s is 43% in a blue state. (Rand Paul is at 100%).

https://acu-ratings-pdfs.s3.amazonaws.com/ACU_Ratings_US-2021.pdf

[wardamneagle]

Our only chance is term limits. That they would never bring up.

[cowboyusa]

Say goodbye to your Senate seat in 2024.

[Inkie]

Say goodbye to cutting edge medical and pharmaceutical innovation.

[Dave911]

You said it brother.

[Zhang Fei]

[More likely, the proper amount of currency was deposited in his secret offshore bank account.

Manchin is a whore.

With apologies to actual streetwalkers, who by comparison are far more honorable.]

---

Manchin isn’t a whore. He’s a principled far leftist who would rather stay true to principle than save his seat. His moderate patter is just his way of convincing WV voters that the stream of warm liquid splashing on them is just a rain shower. The man is a far-left scumbag in a state Trump won by 40 points. His victory in 2018 was by 3 points. If he was a conservative or even a moderate, he would have switched parties by now. The prick makes Susan Collins look like Barry Goldwater.

The American Conservative Union has conservative ratings for every Congresscritter. Manchin’s lifetime conservative rating is 27% in a deep red state, whereas Collins’s is 43% in a blue state. (Rand Paul is at 100%).

https://acu-ratings-pdfs.s3.amazonaws.com/ACU_Ratings_US-2021.pdf

[grobdriver]

So they met his price.

[monkeyshine]

A deal to reduce federal debt? Don’t make me laugh.

[NorthMountain]

Please take notice of the Flag flying on my profile page.

[jz638]

The dems absolutely needed to make a deal on obamacare subsidies before the midterms otherwise the dems would take an even bigger hit in November. Would love for the socialist house dems to riot and sabotage it because the deal is too small and doesn’t address their “needs”. It only takes a dozen or so of them to run it off the rails and all of the socialists are in safe seats.

[G Larry]

"It would spend $369 billion on energy and climate initiatives and $64 billion to extend expiring federal subsidies for people buying health insurance. That would leave over $300 billion to reduce federal deficits over the decade."

1-The "energy initiatives" produce NO ENERGY.

2-The "climate initiatives" do NOT impact the climate.

3-There would be no need for "health insurance subsidies" without the Marxist Obamacare.

4-The suggestion that even one nickel will be allocated to "reduce federal deficits" is a complete LIE!

[PIF]

What is more likely? That Manchin gave up his principles or that the liberals caved because they are looking at loosing seats
—
Since the bill raises taxes, the first assumption is true.

[italianquaker]

Raise taxes right before the midterms
Love it!

[38special]

We’re screwed that’s for sure

[jdsteel]

No chance we get a tax increase this close to an election. This is political posturing.

[Sarah Barracuda]

This country is SCREWED