Posted on 12/19/2021 12:10:56 PM PST by Chad C. Mulligan
...snip...
That’s just a taste of what’s in the legislation. One of its most egregious features is a $2.5 billion handout to trial lawyers, and it may be here where we will discover whether Manchin is really the man of the Mountain State that he claims to be or a Washington swamp creature.
The BBB would allow trial lawyers everywhere in the country to deduct their contingency-fee expenses whether they lose or win a case (even though winning their lawsuit means taking a large percentage of the monetary award, typically 30 0r 40 percent). The Joint Committee on Taxation pegs the cost of this measure to taxpayers over the course of a decade to be $2.5 billion.
With this subsidy, trial attorneys will launch frivolous actions more than ever before, especially against smaller businesses lacking the resources to defend themselves who would therefore have a strong incentive to cry uncle and settle.
It seems Sen. Joe Manchin hates the huge spending in the BBB bill more than he loves the trial attorneys who are reliable donors to the Democrats. Thank goodness for that.
He already announced that he is a no vote. So unless he changes his mind, I’ll go with no as the correct answer. 😋
Some 25 years ago, a few rinos put Cloward/Piven’s Motor Voter bill over the top.
The Schmukster is on good terms w/Romney and Murkowski.
That’s another issue, and they may well do it again. But Manchin is a no, at least for now. AS you can tell, I don’t really trust him either. 🙂
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