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Not so fast.....
Not so fast.....
Biden should just pass the bill regardless. He has to put it to McConnel this way.
Not everyone. Neither the wealthy nor the poor pay taxesThat means were all about to get robbed
What an absolutely bizarre display today by Biden. First he supports the bipartisan deal then 30 mins later he won’t sign it Then he rambles on about how it’s businesses own fault that the govt is paying their employees not to work. The guy is an embarrassment.
Manchin, on Thursday, didn't specifically endorse a specific size or scope for the Democratic-only bill but appeared to signal that the details of the bill, not whether or not it would happen, were what needed to be debated.
"There's going to be a reconciliation bill. We just don't know what size it's going to be," he added.
Democrats are moving their infrastructure proposals on a two-track system. On one track is the bipartisan proposal and on the other is the Democrat-only bill.
Senate Majority Leader Charles Schumer (D-N.Y.) said Thursday that he wants to vote on the bipartisan bill and the budget resolution that lays the groundwork for the multitrillion-dollar Democratic bill in July.
"Today was a big step forward in the two step strategy," Schumer told reporters. "Our plan continues to have a budget resolution and a bipartisan bill on the floor of the Senate in July. Everyone in our caucus knows you can't do one without the other."
Sen. Joe Manchin on Thursday expressed concern about the $6 trillion price tag put forth in an economic package drafted by Sen Bernie Sanders along with other Senate Democrats, which increases odds of major cuts from that blueprint.
The West Virginia Democrat called the proposed number "extremely, extremely high" and said he's unsure whether it's appropriate for the federal government to "take on that much debt."
"I have a hard time swallowing that," he told reporters on Capitol Hill on Thursday. Other Democrats like Sen. Mark Warner of Virginia have also said they were uneasy with the price tag.
Manchin's comments came moments before he joined a bipartisan group of 10 senators to meet with Biden at the White House and discuss the details of a smaller, $1.2 trillion infrastructure package.
Safe bet that politicians will get richer somehow through kickbacks once these projects get going.Gee, and how much of that money will actually be used for real infrastructure work like roads, bridges, dams, etc.
I would be excited to see a large investment in real infrastructure work. It's an excellent use of funds. But the constant whining about America's 'crumbling infrastructure' is not really on point.
A lot of the poor infrastructure you see is your city's or states. Not America's. Many states and cities sell their souls to get large business in. Large capital expenditure to get them set up all cozy. Then cut them absurd rebates on the funds and taxes that are supposed to pay for their infrastructure investment. That's why you have pot-holes.
Here is something not a lot of people know. In states with a state income tax, there are thousands and thousands of corporations get to keep some of their employees state personal income tax. Without their knowledge or consent. You read that right. The company collects all the state income tax they are supposed to from their employees, which they see on their pay stubs. But the state let's them keep some of it. Many of you are literally being taxed by your employer and you don't even know it.
But for a nation as geographically large as we are, we're not doing that bad.
It's unlikely you will ever again see our infrastructure equaling the likes of Singapore, Switzerland, The Netherlands, Germany or Japan, just due to size and scale. For perspective, Germany is a little larger than Texas. And you could put all of Singapore, Switzerland, The Netherlands, and Japan into Texas and still have room to to cram in Minnesota.
One hugely important area where we have galactically failed is our mass transit and high speed rail systems. Other countries are punching out HSR reasonably quickly and at a cost per mile a fraction of what the hot mess in CA is turning into. I would really like to see us get that right.
I would be excited to see a large investment in real infrastructure work. It's an excellent use of funds. But the constant whining about America's 'crumbling infrastructure' is not really on point.
A lot of the poor infrastructure you see is your city's or states. Not America's. Many states and cities sell their souls to get large business in. Large capital expenditure to get them set up all cozy. Then cut them absurd rebates on the funds and taxes that are supposed to pay for their infrastructure investment. That's why you have pot-holes.
Here is something few people know. In states with a state income tax, there are thousands and thousands of corporations that get to keep some of their employees state personal income tax. Without their knowledge or consent. You read that right. The company collects the state income tax from their employees, which they see on their pay stubs. But the state let's them keep some of it. Many of you are literally being taxed by your employer and you don't even know it.
But for a nation as geographically large as we are, we're not doing that bad.
It's unlikely you will ever again see our infrastructure equaling the likes of Singapore, Switzerland, The Netherlands, Germany or Japan, just due to size and scale. For perspective, Germany is a little larger than Texas. And you could put all of Singapore, Switzerland, The Netherlands, and Japan into Texas and still have room to to cram in Minnesota.
One hugely important area where we have galactically failed is our mass transit and high speed rail systems. Other countries are punching out HSR reasonably quickly and at a cost per mile a fraction of what the hot mess in CA is turning into. I would really like to see us get that right.
I'm starting to come to the conclusion that there might need to be some major type of state local tax collection overhaul where the Fed enforces tax uniformity across the states to stop this "race to the bottom".
I'm just not sure how we would even approach it or if a real fix is even constitutional
These tweets are missing the point. Republicans knew Dems would do reconciliation. That isn’t what’s the problem here. They didn’t know that Biden and Pelosi would do an ultimatum on Manchin and other democrats that the bipartisan bill only goes through if the reconciliation bill goes through. That now incentivizes republicans to be less supportive of the reconciliation bill because by giving it enough votes to pass, it pressures Manchin to go forward with reconciliation.
Not sure why any Rebublicans should consider voting for it at this point. It is not really a “compromise” if the Dems open plan is to ram every concession they made through budget reconciliation anyhow. It’s pretty pointless to move forward for any Republican that thought the Dems were making honest concessions in good faith. What a waste of time. I guess Manchin gets a little political cover to vote for a massive budget bill after “trying” a bi-partisan route.
I am curious though, if this thing gets zero Republican votes, will the New York Times of the country continue to call it “Bi-Partisan”?