Republicans Get Outmaneuvered By Biden Economic Agenda

RayGravesGhost

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McConnell & the GOP got hit with the "Okey Doke"... LOL

Who's against Medicare negotiating lower drug costs?
Who's against lowering healthcare costs?
Who's against the US producing its own computer chips?
Who's against closing tax loopholes for hedge fund managers?
Who's against corporations paying a minimum tax?

All in a series of legislation that would lower the deficit by $300 billion?



https://www.businessinsider.com/mcc...ing-deal-after-dems-strip-his-leverage-2022-7
McConnell assails Manchin's surprise economic deal after Democrats stripped his leverage to block it
Joseph Zeballos-Roig 9 hours ago

  • McConnell criticized Manchin's surprise deal after Democrats yanked his leverage.
  • He had previously vowed to block a computer chip bill if Democrats advanced Biden's agenda.
  • Hours after Senate Republicans voted for it, Schumer and Manchin announced a deal.

Senate Minority Leader Mitch McConnell bashed a nascent agreement between Sen. Joe Manchin of West Virginia and Democratic leaders that revived swaths of their agenda on Wednesday.

"Democrats have already crushed American families with historic inflation," the Kentucky Republican wrote on Twitter. "Now they want to pile on giant tax hikes that will hammer workers and kill many thousands of American jobs."

The agreement between Manchin and Senate Majority Leader Chuck Schumer resuscitates various Democratic initiatives that were considered dead only two weeks ago. The 725-page bill — titled the "Inflation Reduction Act" — would empower Medicare to negotiate prescription drugs, extend financial assistance for people to buy Obamacare health insurance, and finance a variety of climate and energy programs to transition the US from fossil fuels.

Manchin released a statement announcing the deal less than three hours after 14 Senate Republicans, including McConnell, joined every Senate Democrat to approve a $52 billion bill to strengthen the semiconductor industry. These are computer chips powering smartphones, medical devices, and other high-tech items facing pandemic-related shortages.

McConnell had previously threatened to hold up the semiconductor legislation if Democrats tried advancing their health, climate, and tax bill. The latter measure is getting passed with only Democratic votes in the budget reconciliation process, allowing them to skirt GOP resistance.

"Let me be perfectly clear: there will be no bipartisan USICA as long as Democrats are pursuing a partisan reconciliation bill," McConnell tweeted a month ago, using another name for the bill.

Sen. John Cornyn of Texas, a confidant of McConnell, sought to downplay the prospect that Manchin and Schumer outmaneuvered Republicans on the so-called chips bill.

"I always assumed if they had the votes to pass reconciliation, they would do it," Cornyn told Insider on Wednesday. "And there's nothing we could do to stop them."

The semiconductor bill now heads to the House, where House Republicans are starting to line up in opposition. Rep. Kevin Brady of Texas, the top Republican on the tax-writing House Ways and Means Committee, said Senate Democrats had been "deceitful" for drawing GOP support on the computer chips bill, then announcing a broader agreement to revive Biden's agenda.

One prominent House progressive said she could understand if Republicans were angry at Manchin. "We've all been there," Rep. Pramila Jayapal of Washington told reporters.
 

Capt Ron 1

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McConnell & the GOP got hit with the "Okey Doke"... LOL

Who's against Medicare negotiating lower drug costs? Democrats
Who's against lowering healthcare costs? Democrats
Who's against the US producing its own computer chips? Democrats
Who's against closing tax loopholes for hedge fund managers? Democrats
Who's against corporations paying a minimum tax? Democrat
Any tough questions, son?
 

RayGravesGhost

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Any tough questions, son?

And the republican party wants to submarine the chips bill because democrats have come to an agreement on the reconciliation bill....why?

Why would the republican party WANT to keep China in control of our semiconductor supply?

That national security issue is a bargaining chip in their mind because Manchin & Schumer have come to an agreement on a economic bill that doesn't need republican votes?


The GOP has been all wrapped up in the critical issues of transgender sports, banning abortion, and fighting CRT instead of doing something positive to help the American people economically


Mitch McConnell, Kevin McCarthy & the GOP failing America....as usual
 

Capt Ron 1

Bull Gator
Gold Member
Nov 29, 2021
5,957
9,259
113
60
Fort Walton Bch, Fl
And the republican party wants to submarine the chips bill because democrats have come to an agreement on the reconciliation bill....why?

Why would the republican party WANT to keep China in control of our semiconductor supply?

That national security issue is a bargaining chip in their mind because Manchin & Schumer have come to an agreement on a economic bill that doesn't need republican votes?


The GOP has been all wrapped up in the critical issues of transgender sports, banning abortion, and fighting CRT instead of doing something positive to help the American people economically


Mitch McConnell, Kevin McCarthy & the GOP failing America....as usual
Is there a semi conducter bill I am not aware of? Or is it a 1/3 TRILLION dollar enrich lefty politician bill?
 

RayGravesGhost

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capt ron should have a general clue about what's going on in the real world BEFORE posting

hahaha-laughing.gif
 

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